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David Wighton, Business and City Editor This is worse than a divorce. A sudden collapse in the last hour of trading left American shares down about 7 per cent. Within minutes of the London market opening at 8am, the FTSE 100...
LONDON (Reuters) - The top share index ended 8.9 percent lower Friday contributing to a 24 percent slump for the week, the second biggest weekly fall ever, as investors ran scared from the spectre of a full global recession.
WASHINGTON/NEW YORK (Reuters) - Leaders of the world's leading economies confronted a financial system in shambles on Friday as they gathered in Washington with panic selling in the stock markets, credit frozen solid and the...
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...
The FTSE 100 share index slumped more than 9 percent by mid afternoon on Friday in a global sell-off as investors feared government efforts to unclog liquidity strains would not avert a global recession.
World leaders pledged to take all action necessary to halt the panic gripping financial markets and prevent the crisis from descending into a global depression. By Edmund Conway , Economics Editor, in Washington Alistair...
Friday, October 10, 2008 Stock markets worldwide were gripped by fear as London's FTSE 100 Index endured its worst week since the Black Monday crash of 1987. Recession panic and concerns over fragile banks sent investors...
The London stock market has suffered its worst week in history after falling yesterday by nearly nine per cent amid a wave of panic selling. By Harry Wallop, and David Litterick The London stock market has fallen nine per cent...
The biggest weekly fall in the FTSE 100 since 1987 – and an intraday drop of more than 10 per cent yesterday alone. The biggest weekly slide in the MSCI World index since its inception in 1970. Shares in General Motors at their...
