BBC News

Battle to Open Markets on Time Battle to Open Markets on Time- Several major obstacles need to be overcome if America's stock markets are to re-open as planned, reports the BBC. Asia Fears Economic Fallout Asia Fears Economic Fallout- Asia's business community fears for the huge implications of a US recession on their economy, following the attacks. World Trade Centre Helplines World Trade Centre Helplines- A list of helpline numbers provided by companies that were based in the World Trade Centre. Financial Ties Across the Waters Financial Ties Across the Waters- The rivalries between the world's great financial institutions belies the international nature of centres such as Wall Street and the City, repor… O'Neill Sees Recovery Ahead O'Neill Sees Recovery Ahead- The US Treasury Secretary voices confidence that the economy can pull through, but others see storm clouds gathering, following the attacks. Airlines Bankruptcy Warning Airlines Bankruptcy Warning- Airlines could go bankrupt in the wake of the attacks in the US, hit by the cost of disruptions, tight security and a fall in demand for tickets, the … Wall Street Mourns Lost Colleagues Wall Street Mourns Lost Colleagues- Some of the biggest names in finance struggled to come to terms with human losses experienced in the terrorist attacks on the US. Transatlantic Flights Resume Transatlantic Flights Resume- Reports on two aircraft leaving Heathrow Airport for the US as the first non-American airlines received permission to resume transatlantic flights. Shares and Dollar Dive Shares and Dollar Dive- The dollar and European stocks fall, while oil prices rise, as worries grow over the repercussions of the attack on the US, reports the BBC. Disaster Planning Saves Wall Street Disaster Planning Saves Wall Street- As stock markets prepare to restart trading, the rapid recovery of the financial system is largely thanks to minute contingency planning. Central Banks Boost Anti-Crisis Moves Central Banks Boost Anti-Crisis Moves- The US Federal and the European Central Bank stepped up their efforts to minimise the likely economic consequences of the terrorist attacks. Eurozone Growth Slows to a Crawl Eurozone Growth Slows to a Crawl- Economic growth in the 12 countries that have adopted the euro slides to 0.1%, but many analysts still say recession will be avoided, despite the… UK Firms Fear Human Losses UK Firms Fear Human Losses- UK firms continue to look for their US-based staff after the World Trade Center attack, as officials say the British death toll could run into hundreds. US Markets to Re-open on Monday US Markets to Re-open on Monday- After its longest suspension since the Wall Street crash of 1929, share trading in New York was due to resume on Monday. IMF Meeting 'To be Called Off' IMF Meeting 'To be Called Off'- Germany's finance ministry says the IMF and World Bank annual meetings late this month are now virtually certain to be cancelled. Wall Street Counts the Cost Wall Street Counts the Cost- The world's largest financial institutions took stock of the human and business toll after the World Trade Center attack. Insurance Costs 'Incalculable' Insurance Costs 'Incalculable'- Bewildered insurers start to count the cost of the US attacks, and seem to be facing the most expensive man-made disaster in history. Has Economic Crisis been Avoided? Has Economic Crisis been Avoided?- BBC News Online assesses claims that action by central banks can help the world shrug off the economic fallout of the attacks on the US. More Disruption for US Flights More Disruption for US Flights- The US opened, and then partially closed, its airspace to international flights, causing confusion among airlines around the world. Markets Await Direction From US Markets Await Direction From US- Financial markets remained listless in afternoon trade, as the lack of a lead from Wall Street deterred investors from trading. Nikkei Reverses Early Gains Nikkei Reverses Early Gains- Looks at stock market activity and changes across the World, after the incidents. UK Firms Assess Human Costs UK Firms Assess Human Costs- Reports on UK banks continuing to account for US staff following the World Trade Center attack, as officials say the British death toll could run into… Will US Consumer Confidence Fade? Will US Consumer Confidence Fade?- Some economists fear that Americans will become more thrifty after the terrorist attacks in the US, to the detriment of the economy. Insurers 'Face Claims of $15bn' Insurers 'Face Claims of $15bn'- Financial experts believe the terrorist strikes in the US are the single most expensive man-made disaster in history. Dollar's Solid Image Threatened Dollar's Solid Image Threatened- Looks at the dollar's sharp falls against world currencies, the potential for a period of weakness, and the possibility of it losing its reputatio… Developing States Worried Developing States Worried- Governments and companies in less industrialised nations fear the economic implications of the terrorist attacks in the US. Air Industry Faces Bleak Outlook Air Industry Faces Bleak Outlook- Experts say fares will rise, passenger numbers will fall and small airlines could go bust in the aftermath of the US terrorist attacks. US Allows Limited Air Service US Allows Limited Air Service- Looks at the US saying it will allow a limited re-opening of its airspace, but will maintain the ban on regular services. New York: Global Financial Centre New York: Global Financial Centre- Article looking at the impact on stock market traders and trade. Sombre Mood in the City Sombre Mood in the City- London's financial workers arrived at their offices in sombre mood, after the terrible events in New York's financial district.