date: 2008-11-20 13:33:00
World stocks hit 5-1/2 year lows and oil hit 22-month troughs on Thursday on worries over bank giant Citigroup and U.S. automakers, though they trimmed losses on an increased Saudi stake in Citi and a Swiss rate cut.
source: uk.news.yahoo.com
date: 2008-11-20 12:49:28
European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted downturn.
source: news.bbc.co.uk
date: 2008-11-20 12:16:20
Belfast’s stop-start government rumbles on againIT’S an odd sort of deal, but then Belfast’s devolved administration is an odd sort of edifice. The unionists and republicans who agreed in 2006 to run the show together have not even been holding meetings of their executive since ...
source: www.economist.com
date: 2008-11-20 12:16:20
Labour and the Tories converge in the polls as their policies go separate waysAS WELL as pawnbrokers, bankruptcy lawyers and economic pundits, the list of those who benefit from a recession should now include anyone bored by political consensus. Recent weeks have seen the government and the ...
source: www.economist.com
date: 2008-11-20 12:16:20
The downturn is now gripping the labour marketFOR many Britons, especially workers and those looking for jobs, the past few days were when it all sank in. Falling GDP is one thing, a worry to be sure but still abstract. Lay-offs are another, evoking the insecurity of the recession in the early ...
source: www.economist.com
date: 2008-11-20 12:16:20
The dangers of Britain’s fixation with blameJUST before Halloween, an enterprising fancy-dress firm got up an unusual online petition. It requested a posthumous pardon for eight witches, test cases for the several thousand hanged or burned at the stake in England and Scotland between the 16th ...
source: www.economist.com
date: 2008-11-20 12:16:20
Improved health does not always make countries richer JEFFREY SACHS, a development economist, writes in his book “The End of Poverty” of a telling phrase by Gro Harlem Brundtland, then the director-general of the World Health Organisation (WHO). “If you want to get someone’s ...
source: www.economist.com
date: 2008-11-20 12:16:20
Britain rejects “presumed consent” for organ donors—for the time beingFIRST the good news. More than 3,000 people in Britain received life-saving organ transplants last year, thanks to the generosity of willing donors and their families. Then the bad. Another 1,000 died after ...
source: www.economist.com
date: 2008-11-20 12:16:20
What never boomed may be less prone to go bustAS THE winter sun glances off luxury boats in Hull’s marina and the fine statuary of its civic buildings, shoppers throng the spanking-new St Stephen’s shopping centre. The prospect of recession or even depression seems remote. But a new ...
source: www.economist.com
date: 2008-11-20 11:51:58
French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe.
source: news.bbc.co.uk
date: 2008-11-20 01:37:00
Oil fell for a fifth straight session to below $53 on Thursday after U.S. crude inventories climbed twice as much as expected, signalling an economic downturn is hitting hard and demand for fuel is falling.
source: uk.news.yahoo.com
date: 2008-11-20 01:12:25
The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October.
source: news.bbc.co.uk
date: 2008-11-20 00:32:03
Pressure raised on chief executive Vikram Pandit after bank loses 73% of its market value under his control
source: www.guardian.co.uk
date: 2008-12-02 23:03:00
The US dollar fell against the euro Tuesday after recent gains as the market adjusted positions ahead of an expected sharp cut in eurozone interest rates as part of European responses to market turmoil.
source: uk.news.yahoo.com
date: 2008-12-02 22:54:13
US carmakers General Motors, Ford and Chrysler present their new cost-cutting plans to Congress.
source: news.bbc.co.uk
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date: 2008-12-02 22:49:00
Yahoo shares gained more than seven percent on Wall Street on Tuesday amid reports former AOL chief executive Jonathan Miller was trying to raise money to purchase the Internet company.
source: uk.news.yahoo.com
date: 2008-12-02 21:33:00
U.S. stocks snapped back on Tuesday, a day after a massive sell-off, as investors scooped up beaten-down shares and oil fell more than 4 percent after an OPEC pledge to cut output was only partially fulfilled.
source: uk.news.yahoo.com
date: 2008-12-02 18:57:06
Biz Stone, the man behind microblogging sensation Twitter is interviewed, and PaidContent Founder and digital media expert Rafat Ali on the dilemma for internet startups in these tough internet times.
source: www.guardian.co.uk
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date: 2008-11-19 21:43:00
U.S. stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government ...
source: uk.news.yahoo.com
date: 2008-11-19 21:39:00
U.S. and European shares ended at five-and-a-half-year closing lows on Wednesday as a record drop in U.S. consumer prices and more dismal housing data stoked recession fears, driving a flight to safety.
source: uk.news.yahoo.com
date: 2008-11-19 19:53:00
U.S. stocks fell on Wednesday as financial shares tumbled and uncertainty over a possible rescue for the U.S. auto industry fuelled concerns about the deepening economic slump.
source: uk.news.yahoo.com
date: 2008-11-19 18:27:00
U.S. shares slumped and European shares finished at their lowest close in five and a half years on Wednesday as the fastest drop in U.S. consumer prices on record renewed a flight to safety, driving up bond ...
source: uk.news.yahoo.com
date: 2008-11-19 17:50:11
US consumer prices dropped by a record 1% in October as fuel costs kept falling for a third month in a row.
source: news.bbc.co.uk
date: 2008-11-19 13:43:00
European carmakers may need financial aid from the bloc and its governments, senior EU officials said on Wednesday, singling out General Motors unit Opel as a possible emergency case.
source: uk.news.yahoo.com
date: 2008-11-19 13:37:45
Chief executives of General Motors, Ford, and Chrysler tell Senate banking committee their industry is in crisis
source: www.guardian.co.uk
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