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Austria

FTSE 9% down as markets plummet

Shares have continued to plummet worldwide as panic spreads over fears of a global recession. The FTSE 100 ended the day 381.7 points down at 3932.1, almost 9 per cent lower. This week's turbulence is the worst since the 1987...

Will the lack of doctor and nurses affect the quality of health care in Czech hospitals?

The Czech Doctors’ Association is ringing the alarm. It says that Czech hospitals may not be able to guarantee the current quality of health care for much longer due to a lack of doctors and nurses. More and more Czech doctors...

Farmers do not call off protest after talks with PM Topolanek

Zemědělci blokádu neodvolali Prague - The Agricultural Chamber (AK) and PM Mirek Topolanek today did not come to agreement on topping up direct payments for farmers next year and the Chamber did not call off a protest planned...

World stocks fall sharply again

European stock markets slumped further on Friday following massive losses on Wall Street and Asia on mounting fears that this week's efforts by central banks and governments to break the logjam in credit markets have failed to...

Vienna Stock Exchange suspends trading

Vienna Stock Exchange officials say they have suspended trading until midday after stocks tumbled 10 percent at the opening bell. The Vienna bourse said the suspension would remain in place until noon (1000 GMT) Friday....

Iceland says will meet obligations despite meltdown

REYKJAVIK (Reuters) - Iceland sought on Friday to reassure international investors caught in its banking meltdown, saying it aimed to meet its obligations despite the turmoil which has ravaged a once-vibrant financial sector.

Green alarm as EU ministers mull climate opt-outs

LUXEMBOURG (Reuters) - France, Germany and Austria called on Friday for an easing of EU climate ambitions to help industries facing an economic downturn, causing green groups to warn that the battle against climate change was...

What it would take to trigger a U.S. stock market timeout

NEW YORK - As harrowing as the U.S. stock market's plunges have been in recent days, they still haven't been enough to trigger the "circuit breaker" mechanisms that result in an automatic timeout in t...

Net1 Provides Additional Update on SASSA Process

JOHANNESBURG, SOUTH AFRICA, October 10 / MARKET WIRE/ -- Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)(JSE: NT1) ("Net1" or the "Company") today announced that it has received Bidders Notice number 11 from the South African...

Global markets smacked down hard; U.S. eyes another dive

By Jeffrey Stinson and Paul Wiseman, USA TODAY European stock markets followed Asia and America into the deep Friday, with recession-worried investors selling off shares across the board on every exchange, and Wall Street...