Business Market News News Headlines

AFP - Share prices fell sharply in Frankfurt and Paris on Thursday ahead of European Central Bank president Jean-Claude Trichet's press conference due after the central bank's latest call on interest rates.

Reuters - Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 were down 0.4-0.5 percent, pointing to a weaker start on Wall Street.

Reuters - Billionaire Kirk Kerkorian's Tracinda investment firm settled a regulator's allegations that it was misleading about its plan to cut its stake in General Motors Corp , the U.S. Securities and Exchange Commission said on Wednesday.

Reuters - The Toronto Stock Exchange sold off sharply for a second day in a row on Wednesday, giving up more than 2 percent by late morning in a broad decline led by resource shares, which followed commodities lower.

AP - Federal regulators on Wednesday accused two former Wall Street brokers of defrauding their customers by making more than $1 billion in unauthorized purchases of securities tied to subprime mortgages.

AFP - London shares closed sharply lower on Wednesday amid ongoing concerns over the state of the UK economy.

AP - Wall Street headed for a slightly lower open Wednesday as investors' concerns about the health of the economy and financial sector again canceled out the impact of falling commodities prices.

AFP - Europe's leading stock exchanges fell on Wednesday after Wall Street had closed lower overnight, dragged down by concern over falling oil prices.

Reuters - Stock index futures pointed to a slightly lower opening on Wall Street on Wednesday, after giving up gains late on Tuesday and closing lower.

Reuters - The Toronto Stock Exchange's main index was hammered by a selloff in resources on Tuesday, plunging more than 3 percent as commodity prices fell, marking its worst day in more than seven months.

Investor's Business Daily - China won the most gold at the Olympics, but the country's stock market is in dead last.

AFP - London shares made gains as crude-oil futures fell Tuesday.

AP - U.S. stocks headed for a sharply higher open Tuesday as oil fell by more than $7 a barrel after it appeared that the Gulf Coast and its oil facilities were spared heavy damage from Hurricane Gustav.

AFP - Europe's leading stock exchanges rallied on Tuesday on tumbling crude oil prices and the prospect of lower interest rates, while British companies also benefited from a weaker pound.

Reuters - Stock index futures pointed to a higher opening on Wall Street on Tuesday after being closed on Monday for the Labor Day holiday, bolstered by a sharp drop in oil prices, that eased worries over consumer spending and energy costs for companies.

AFP - Europe's main stock markets dropped on Monday after Tokyo closed sharply lower and oil prices rose, while banking shares were in focus after Commerzbank snapped up German peer Dresdner.

AP - Asian stock markets dropped sharply Monday, led by exporters like Canon and LG Electronics, amid worries over slowing global demand and crude prices as Hurricane Gustav bore down on Gulf Coast oil operations.

AFP - Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook.

AFP - London shares finished higher on Friday, with oil stocks making the biggest gains.