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Europe: The new Wall Street?
Europe: The new Wall Street?
5:23pm: Many big European institutions are just as heavily levered as Lehman Brothers was before its demise. more
Financial system needs reform
12:30pm: Coalition of top economic thinkers finds that governments need to revise financial regulatory structures to prevent crises during market turmoil. more
G-7 unsuited to global crisis - World Bank
2:43pm: World Bank President Robert Zoellick urges reform of group of seven major industrialized nations, saying growing economies should be added. more
Global stocks in Monday mess
1:11pm: Markets tumble in Europe, Asia and Latin America amid shake-ups in Europe's bank sector.  more
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 Nokia16.70-1.05-5.92%
 Elan9.69-0.81-7.71%
 ASM Lithography Holding32.86+0.45+1.39%
 Taiwan Semiconductor8.44-0.01-0.12%
 Vodafone Group Plc21.76-0.89-3.93%
FORTUNE International
Prada goes shopping - for money
Prada goes shopping - for money
After a disastrous acquisition spree, the Milanese fashion house, looking to reduce its debt, has decided to raise cash by going public. But at what price? more
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World Markets&Currencies
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FTSE 100-391.06-7.85%4,589.19
XETRA-DAX-410.02-7.07%5,387.01
CAC 40-368.77-9.04%3,711.98
HANG SENG-878.64-4.97%16,803.76
NIKKEI 225-203.67-1.94%10,269.42
U.S. Dollar vs Euro+0.0112+0.83%1.3602
U.S. Dollar vs Yen+1.7600+1.74%0.0097
U.S. Dollar vs UK £+0.02+1.04%1.76
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