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FTSE declines on fears it has outpaced its growth (AFP)

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The leading stock exchange declined on speculation last quarter?s record rally in the benchmark may have outpaced the prospects for economic growth.(AFP/File/Shaun Curry)AFP - The leading stock exchange declined on Thursday on speculation last quarter?s record rally in the benchmark may have outpaced the prospects for economic growth.


Europe sets deadline to tackle national debts (AFP)

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Eurogroup president, Jean Claude Juncker arrives for the Eurogroup meeting in Gothenburg. Europe has set a deadline to end economic pump priming with a pledge to tackle member states' bloated deficits in 2011, the keystone of exit strategies.(AFP/Georges Gobet)AFP - Europe set a deadline on Thursday to end economic pump priming with a pledge to tackle member states' bloated deficits in 2011, the keystone of "exit strategies" from the crisis.


ECB: Euro economy stimulus should end in 2011 (AP)

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AP - The head of the European Central Bank said Thursday that the 16 countries that use the euro should withdraw stimulus programs and start repaying mounting public debt by 2011 at the latest.

FTSE 100 gets first black chief executive (AFP)

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Tidjane Thiam has begun his role as head of insurance group Prudential, becoming the first black chief executive of a company listed on London's benchmark FTSE 100 index.(AFP/File/Ben Stansall)AFP - Tidjane Thiam began his role as head of insurance group Prudential on Thursday, becoming the first black chief executive of a company listed on London's benchmark FTSE 100 index.


Darling urges EU on curbing bonuses (AFP)

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A city worker walks past a bronze statue in central London. Chancellor of the Exchequer Alistair Darling has urged the European Union to clamp down on bankers' bonuses, after five of the country's biggest banks signed up to new rules on payments.(AFP/File/Leon Neal)AFP - Chancellor of the Exchequer Alistair Darling on Thursday urged the European Union to clamp down on bankers' bonuses, after five of the country's biggest banks signed up to new rules on payments.


EU nations to hammer out financial oversight (AP)

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AP - European Central Bank president Jean-Claude Trichet warned EU governments Wednesday that the public will be unforgiving if authorities don't provide a stronger financial system.

German unemployment rate falls to 8 pct in Sept (AP)

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AP - German unemployment declined in September, but the fall was due to a seasonal upturn and statistical effects rather than any fundamental economic improvement, official figures showed Wednesday.

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