Banks are facing tough times all over Europe, but in France, no bank has gone under and none has required a government bailout. John Laurenson reports how the French have managed to keep themselves above peril.
Oil prices dropped below $70 a barrel yesterday, something that hasn't been seen in over a year. Now, OPEC will meet next week to consider a production cut. Renita Jablonski talks to Stephen Beard in London.
When people visit New York's Wall Street today, they may be surprised to find more of the financial firms have moved uptown. But Sally Herships reports the residents may have changed, but the image is still intact.
Pennsylvania is experimenting with a mandatory mediation system for foreclosures that requires borrower and lender to try to work things out before a judge. But Jeff Tyler reports many don't know the program exists.
If banks under merger deals come out with poor earnings reports, could the deals fall apart? Rachel Dornhelm reports an acquiring bank might not see a large write-down at a troubled partner as an entirely bad thing.
European leaders and President Bush will discuss global bank regulations this weekend. But John Dimsdale reports Europe may have some convincing to do if they want to get free market countries in.
With General Motors stock trading around $6, the company would like to close a merger deal with Chrysler as soon as possible. Ashley Milne-Tyte reports where GM's turnaround plan went wrong.
What effect would an OPEC production cut have on oil prices in this shakey world economy? Bill Radke talks to Carola Hoyos, who covers the oil market for The Financial Times.
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