US slowdown dents profits at GE

Eurozone services signal slowdown
Service activity in the 15-member eurozone failed to grow in September, in a further sign of a slowdown, figures suggest.

Recession 'real risk' for France
France's economy risks shrinking for the second quarter in a row, says finance minister Christine Lagarde.

Tough markets prompt GE warning
General Electric says problems in the financial markets have prompted it to cut its earnings forecasts for the year.

Irish economy goes into recession
The Irish Republic's economy falls into recession for the first time since 1983 after shrinking for a second quarter in a row.

Oil falls amid economic concerns
Oil prices decline further amid concerns that a slowdown in the global economy will dent demand.