Fund Created as a Way to Protect French Industry
PARIS - Vowing to protect French industry from foreign predators and a worsening economic slump, President Nicolas Sarkozy introduced a strategic investment fund of 20 billion euros ($25 billion) on Thursday.
He also announced its first investment ...

Nordic Countries Add $2.5 Billion to Iceland's Bailout
Iceland finally received international backing for its bailout plan on Thursday, while Turkey appeared to be heading for a rescue package of its own.
Nordic countries followed up a $2.1 billion ...

Markets Dive in Last Hour, Carving New Lows
Wall Street doubled down on its losses on Thursday, just a day after financial markets closed at their lowest point in nearly six years.
In a day dominated by fear and uncertainty, financial markets plunged in late trading, carving new lows ...