|
Thu, 20 Nov 2008 22:30:25 GMT No agreement for US car bail-out US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out. Thu, 20 Nov 2008 22:25:24 GMT Recession fears hit Wall Street Wall Street shares fall steeply for the second day in a row, amid investors' growing fears of a protracted economic downturn. Fri, 21 Nov 2008 05:42:40 GMT US global power 'set to wane' American dominance is likely to weaken by 2025 as India and China grow stronger, a new US intelligence report says. Thu, 20 Nov 2008 16:13:58 GMT Oil price goes below $50 a barrel Oil prices fall below $50 a barrel amid growing fears over a global recession and lower demand for oil. Fri, 21 Nov 2008 00:17:52 GMT Dell sees quarterly profits slip US computer maker Dell sees its quarterly profits fall as customers around the world buy fewer computers. Thu, 20 Nov 2008 11:21:38 GMT Rolls-Royce plans 2,000 job cuts Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK. Thu, 20 Nov 2008 18:05:20 GMT Russia pushes Ukraine on gas debt Russia demands Ukraine to repay a $2.4bn gas debt, raising fears of a renewed dispute which could disrupt supplies to Europe. Thu, 20 Nov 2008 15:25:50 GMT Latvia to seek support from IMF Latvia becomes the second European Union country to seek the International Monetary Fund's help to stabilise its financial system. Thu, 20 Nov 2008 11:51:58 GMT Peugeot Citroen cuts 2,700 jobs French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe. Thu, 20 Nov 2008 10:13:55 GMT EU reaches deal on farm reforms EU ministers agree to reform farm policy by moving more subsidies away from production and liberalising the dairy market. Tue, 18 Nov 2008 15:44:51 GMT Shop till you prop up the economy, Taiwan residents told Taiwan's prime minister announces a cash handout for all residents in a bid to try to stave off economic crisis. Mon, 17 Nov 2008 12:52:51 GMT Cancel that Ferrari order! Top banks axe bonuses for their executives UBS and Goldman Sachs will not pay bonuses to their top executives in 2008, the banking giants reveal. Fri, 01 Jul 2005 14:38:13 GMT Guidelines for financial journalists Fri, 21 Nov 2008 03:18:49 GMT Crucial partner China's trade ties with Latin America are on the rise Fri, 21 Nov 2008 00:38:44 GMT Present worries Concerns over Christmas gifts' safety Thu, 20 Nov 2008 00:27:56 GMT Broke, not dim Some carmakers struggle while others grow Thu, 20 Nov 2008 13:55:57 GMT Bee crisis Collapse of bee colonies could hit the EU economy Thu, 20 Nov 2008 11:32:45 GMT Yugo gone Serbia's iconic vehicle finally runs out of road Tue, 18 Nov 2008 23:45:39 GMT Syrian business Long-isolated Syria warms to tourism in Damascus Thu, 20 Nov 2008 11:12:50 GMT Retail sales bring scant comfort Sales on the UK's High Streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show. Thu, 20 Nov 2008 09:47:44 GMT IMF approves $2.1bn Iceland loan The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October. Thu, 20 Nov 2008 21:34:21 GMT RBS boss apologises over losses Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is "profoundly sorry" for the bank's financial difficulties. Thu, 20 Nov 2008 09:43:50 GMT Downturn hits newspaper profits The Daily Mail's publisher reports a 9% fall in full-year profit, while competitors announce a pay freeze and job cuts. Wed, 19 Nov 2008 13:16:10 GMT Daewoo leases African plantation South Korean firm Daewoo says it is leasing a vast tract of land in Madagascar, which will produce half of its corn supply by 2023. Wed, 22 Oct 2008 17:05:33 GMT African free trade zone is agreed The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn). Thu, 20 Nov 2008 15:36:01 GMT Colombian scam suspect extradited Panama extradites a Colombian suspected of running the country's biggest pyramid finance scheme. Thu, 20 Nov 2008 12:20:00 GMT National Grid profit rises in US UK utility National Grid reports a 4% rise in half-year profit and gave a positive forecast. Thu, 20 Nov 2008 10:45:07 GMT China fears grow over job losses Beijing says its employment outlook is "grim", amid concerns of increasing social unrest caused by economic problems. Wed, 19 Nov 2008 08:17:09 GMT Mazda buys its shares from Ford Japan's Mazda Motor spends 17.8bn yen to buy back almost 7% of its shares from troubled US carmaker Ford Motor. Thu, 20 Nov 2008 16:35:10 GMT Santander snubs UK shareholders The giant Spanish bank Santander has excluded 1.8 million UK shareholders from taking part in a new share issue. Thu, 20 Nov 2008 12:45:58 GMT Putin vows to prevent 'collapse' Russia's prime minister vows to prevent another financial "collapse" in the country, referring to the crises in the 1990s. Wed, 19 Nov 2008 09:55:31 GMT Opec 'lost $700bn on cheaper oil' Opec members have lost about $700bn (£467bn) because of falling crude prices, the oil cartel's president is quoted as saying. Tue, 18 Nov 2008 12:09:34 GMT Global gloom depresses oil price The price of oil drifts below $55 a barrel, amid increasing worries over falling demand and slowing global growth. Sat, 15 Nov 2008 10:43:28 GMT Pakistan asks IMF for rescue loan Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says. Thu, 13 Nov 2008 15:42:25 GMT Tata Group cools expansion plans Indian conglomerate Tata Group says it will cut down on acquisitions because of increasing problems in raising capital. |