International and World Business News, Markets

7:34am: Even with inflation at the highest level in almost 11 years, the country attempts to juice its sagging economy. more

Toyota lowers global sales target

11:48am: Toyota notes that a slowing U.S. economy and rising material costs have forced it to shrink its worldwide sales forecast for 2009. more

How one bank avoided the meltdown

Aug 27: BNP Paribas helped spark the global credit crunch when it froze three funds a year ago. So why hasn't the largest bank in the world had to raise any capital? more

UK home prices drop akin to 1990

Aug 28: British house prices continue to fall at a rapid rate, with the average home in August selling for 10.5% less than it did a year ago. more

MORE WORLD BIZ NEWS

• E.U. probes American, BA alliance

• Passengers stranded after Zoom planes grounded

• Euro inflation eases

• Dollar rises on stronger GDP, falling oil

• While U.S. real estate fades, Middle East booms

• Japan's Ricoh to buy IKON for $1.6B

• Toyota raises hybrid prices in Japan

• Rio Tinto's profits double

• India's ONGC buys Imperial Energy

• Russia may lessen U.S. poultry imports

• Chinalco stake in Rio Tinto cleared

All International News

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Business 360 Blog

Aug 29 1:42pm ET †	Price	Change	%Change

Nokia	25.20	-0.64	-2.48%
Elan	13.45	-0.15	-1.10%
ASM Lithography Holding	32.86	+0.45	+1.39%
Taiwan Semiconductor	9.71	-0.35	-3.48%
Vodafone Group Plc	25.59	-0.57	-2.18%

FORTUNE International

Prada goes shopping - for money

After a disastrous acquisition spree, the Milanese fashion house, looking to reduce its debt, has decided to raise cash by going public. But at what price? more

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Aug 29 12:31pm†	Change	%Change	Level

FTSE 100	+35.40	+0.63%	5,636.60
XETRA-DAX	+1.76	+0.03%	6,422.30
CAC 40	+21.11	+0.47%	4,482.60
HANG SENG	+289.60	+1.38%	21,261.89
NIKKEI 225	+304.62	+2.39%	13,072.87

U.S. Dollar vs Euro	-0.0037	-0.25%	1.4656
U.S. Dollar vs Yen	-0.7900	-0.72%	0.0092
U.S. Dollar vs UK £	-0.01	-0.41%	1.82

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