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1 December 2011 Last updated at 22:57 ET

Sarkozy backs closer German tiesPresident Sarkozy delivering his speech in Toulon

The French President, Nicolas Sarkozy, says France and Germany must pull together to ensure stability at the heart of Europe.


Mario DraghiECB hints at robust euro action

The President of the European Central Bank, Mario Draghi, signals that closer fiscal union might pave the way for action.

US banks sued over home seizures

Massachusetts is suing five major banks alleging "illegal" and "deceptive" conduct in the way they seized homes during the financial crisis.

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Robert Peston Article written by Robert Peston Robert Peston Business editor

China: A warning and an opportunity

A contraction of Chinese manufacturing, shown by data just released, may be more immediately worrying for Europe than for China, because it may confirm that the eurozone, which is a big market for Chinese goods, is already in recession (and the UK may not be far behind).

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Stephanie Flanders Article written by Stephanie Flanders Stephanie Flanders Economics editor

A happy ending for the euro?

The ECB president's comments before the European Parliament have added to a mood of very cautious eurozone optimism.

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Protest by Hellenic Postbank workers in Athens, 30 May 11Global economy: news and analysis

The latest news and analysis as the economic crisis continues

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Last Updated at 23:45 ET

Market index Current value Trend Variation % variation
Dow Jones 12020.03 Down -25.65 -0.21%
Nasdaq 2626.20 Up 5.86 0.22%
S&P 500 1244.59 Down -2.37 -0.19%
FTSE 100 5489.34 Down -16.08 -0.29%
Dax 6035.88 Down -52.96 -0.87%
BBC Global 30 5552.07 Up 2.63 0.05%

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