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BNP Paribas to take majority stake in Fortis (AP) AP - Officials of troubled Belgian bank Fortis NV acknowledged Monday they had no choice but to seek a buyout by another bank because of the increasing problems the company suffered due to the global financial credit crisis. Publ.Date: Mon, 06 Oct 2008 11:54:32 GMT Source: Yahoo.com UK prime minister makes more government changes (AP) AP - British Prime Minister Gordon Brown announced more changes to his government Sunday, completing a shake-up intended to strengthen the government as it faces the global economic crisis. Publ.Date: Sun, 05 Oct 2008 18:04:40 GMT Source: Yahoo.com European central banks offer more cash to markets (AP) AP - The European Central Bank, the Bank of England and the Swiss National Bank offered more than $60 billion to markets Monday to try to keep the financial sector flush with cash. Publ.Date: Mon, 06 Oct 2008 08:34:01 GMT Source: Yahoo.com ECB, euro nations try to soothe volatile markets (AP) AP - European Central Bank President Jean-Claude Trichet called Monday for calm in the continent's jittery markets, saying they are overestimating risks and the euro-zone central bank stood ready to provide all the liquidity needed for as long as necessary. Publ.Date: Mon, 06 Oct 2008 23:46:46 GMT Source: Yahoo.com Major gunrunning and graft trial opens in Paris (AP) AP - The son of a former French president, an Israeli-Russian billionaire and a tycoon with ties to Arizona's jet set were among the headliners Monday as 42 defendants went on trial in Paris, accused in a worldwide web of trafficked arms to Angola, money laundering and kickbacks. Publ.Date: Mon, 06 Oct 2008 19:39:46 GMT Source: Yahoo.com EU leaders to seek early release euro funds: Brown (AFP) AFP - European leaders have agreed to ask for the early release of 32 billion euros (25 billion pounds) in European funds to help small businesses weather the global finance crisis, Prime Minister Gordon Brown has said. Publ.Date: Sun, 05 Oct 2008 08:16:38 GMT Source: Yahoo.com

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