Financial Times: Israel rejects EU calls for ceasefire Israel rebuffed a call from visiting European foreign ministers for an immediate ceasefire, vowing to continue its ground assault on the Gaza Strip even amid reports of mounting civilian casualties Financial Times: Sarkozy keeps Paris centre stage The French president has begun apeace mission to the Middle East, underlining his intention to keep France at the forefront of European diplomacy Financial Times: Waterford talks with US groups on asset sale The crystal and porcelain tableware producer has been forced into insolvency and the receiver, Deloitte, is in talks with three US parties to secure a sale of the majority of the assets after the company failed to find fresh financing Financial Times: EDF calls on UK to declare nuclear need The French energy group gave a policy deadline if the first of a new generation of reactors is to be ready for 2017 Financial Times: Brussels intensifies efforts to solve energy strife A delegation led by Martin Riman, the Czech Republic's industry minister, flew to Kiev for talks with Ukrainian officials, while another EU team of experts was due to confer with executives of Gazprom, the Russian gas monopoly Financial Times: Obama not ready to break US silence Barack Obama, who plans to give a speech this week on the need for Congress to enact a large fiscal stimulus, continues to keep his silence on Gaza Yahoo!: FSA to lift short selling ban (AP) AP - Britains financial services regulator said it will lift a ban on the short-selling of shares in scores of financial companies later this month. Financial Times: Apple chief reveals hormone imbalance Steve Jobs has revealed that his recent weight loss was due to a hormone imbalance and that he was currently undergoing treatment to correct the condition, but would remain Apple chief executive Financial Times: Spanish and Italian inflation tumbles Figures from Spain and Italy show inflation is receding in two of the eurozone's largest economies, raising expactations that interest rates will be cut from the current 2.5% Yahoo!: U.S., Germany mull tax cuts, gloom eases (Reuters) Reuters - The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, and a euro zone investor survey indicated new hope that the worst of the financial crisis had passed. FTSE-100 index up 10.28 points at 4,572.07 (AP) Austria takes over bank hit by Madoff case Vienna tourists hang on as carriage horses bolt Xinjiang Becomes China's Second Largest Crude Oil Producer Austrian economy to shrink in 2009 Londons FTSE 100 up 127.62 at 4,561.79 (AP) Austria considers overseer for Bank Medici, linked to Madoff Indian Oil Corp downgraded to 'BB+' on weak liquidity Anti-apartheid campaigner Helen Suzman dies Crude ends extraordinarily volatile year below $45

Financial Times - Europe World business, finance and political news from the Financial Times– FT.com Europe. View source archive --> Search this source --> ·Israel rejects EU calls for ceasefire Israel rebuffed a call from visiting European foreign ministers for an immediate ceasefire, vowing to continue its ground assault on the Gaza Strip even amid reports of mounting civilian casualties ·Germany prepares new stimulus boost The German government's second fiscal stimulus could total €50bn, making it far more ambitious than expected just a week ago, senior officials suggested if leaders of chancellor Angela Merkel's coalition can hammer out agreement on the package ·Sarkozy keeps Paris centre stage The French president has begun apeace mission to the Middle East, underlining his intention to keep France at the forefront of European diplomacy ·Waterford talks with US groups on asset sale The crystal and porcelain tableware producer has been forced into insolvency and the receiver, Deloitte, is in talks with three US parties to secure a sale of the majority of the assets after the company failed to find fresh financing ·EDF calls on UK to declare nuclear need The French energy group gave a policy deadline if the first of a new generation of reactors is to be ready for 2017 ·Apple chief reveals hormone imbalance Steve Jobs has revealed that his recent weight loss was due to a hormone imbalance and that he was currently undergoing treatment to correct the condition, but would remain Apple chief executive ·Spanish and Italian inflation tumbles Figures from Spain and Italy show inflation is receding in two of the eurozone's largest economies,raising expactations that interest rates will be cut from the current 2.5% ·Brussels intensifies efforts to solve energy strife A delegation led by Martin Riman, the Czech Republic's industry minister, flew to Kiev for talks with Ukrainian officials, while another EU team of experts was due to confer with executives of Gazprom, the Russian gas monopoly ·Gunmen wound police officer in Athens Unidentified gunmen armed with grenades and a Kalashnikov seriously wounded a police officer in central Athens, a police spokesman said, in an attack that appeared to be linked to the police shooting of a teenage boy on December 6 ·Obama not ready to break US silence Barack Obama, who plans to give a speech this week on the need for Congress to enact a large fiscal stimulus, continues to keep his silence on Gaza

Yahoo! News: Business - European Economy Yahoo! News: Business - European Economy View source archive --> Search this source --> ·Germany works on euro50 billion stimulus (AP) AP - German Chancellor Angela Merkels governing coalition agreed Monday to give Europes biggest economy an extra stimulus of up to euro50 billion ($70 billion) in an effort to cushion it against a deepening recession, senior officials said. ·FTSE-100 index up 17.85 points at 4,579.64 (AP) AP - Share prices on the London Stock Exchange were higher at close Monday. ·US dollar mixed in Europe (AP) AP - The U.S. dollar was mixed against other major currencies in late European trading Monday. Gold fell. ·FSA to lift short selling ban (AP) AP - Britains financial services regulator said it will lift a ban on the short-selling of shares in scores of financial companies later this month. ·U.S., Germany mull tax cuts (Reuters) Reuters - The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, even as automakers wrapped up 2008 as their worst in more than 15 years with yet another month of slumping U.S. sales. ·FTSE shares rise (AFP) AFP - Shares in London ended higher on Monday after global markets advanced in the new year despite more gloomy economic news. ·European, US markets mixed as caution dominates (AP) AP - World stock markets were mixed Monday as investors started the first full trading week of the New Year, relieved that 2008 is behind them but fully aware that the economic picture around the world is grim and will likely remain so for quite some time. ·Euro heads lower against dollar (AP) AP - The euro was lower against the dollar on Monday, reversing earlier gains and dropping below $1.36 as investors focused on President-elect Barack Obamas economic stimulus plan. ·Crystal, china maker Waterford Wedgwood collapses (AP) AP - Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed. ·British PM Brown pledges to create 100,000 jobs (AP) AP - Prime Minister Gordon Brown pledged Sunday to create 100,000 jobs through a public works program and said he would press banks to resume normal lending as Britain faces its sharpest economic downturn in decades.

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