PL UK
Auto bailout struggles to gain ground in U.S. Senate

date: 2008-11-19 02:01:00

A proposed $25 billion (16 billion pounds) bailout of U.S. automakers failed to gain traction on Tuesday in the Senate despite pleas from industry that failure to act could result in wholesale liquidation.

source: uk.news.yahoo.com

US car companies seek $25bn aid

date: 2008-11-19 01:33:13

The bosses of the three biggest US carmakers, Ford, GM and Chrysler, ask Congress for a $25bn bail-out.

source: news.bbc.co.uk

US car firms ask for $25bn aid

date: 2008-11-19 01:33:13

The bosses of the three biggest US carmakers, Ford, GM and Chrysler, ask Congress for a $25bn bail-out.

source: news.bbc.co.uk

US dollar drops against euro in market shift

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

US carmakers in new bail-out plea

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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November 2008
Yahoo up on reports of new takeover bid

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

Global stocks rise on bargain hunting as oil skids

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

Tech Weekly podcast: Startups in recession, Yahoo and Twitter

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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Citigroup to slash 50,000 jobs, expenses worldwide

date: 2008-11-17 21:56:00

Citigroup said Monday it was slashing a near-record 50,000 jobs worldwide as the US banking giant tightens its belt further to cope with a global financial crisis and heavy losses.

source: uk.news.yahoo.com

Citigroup job cull to hit 75,000

date: 2008-11-17 20:43:02

US bank Citigroup announces plans for about 52,000 new job cuts, on top of 23,000 cuts already made this year.

source: news.bbc.co.uk

Finance crisis shows teeth with mass Citigroup cuts

date: 2008-11-17 20:31:00

A brutal financial crisis showed its teeth on Monday as US banking giant Citigroup announced a massive 50,000 job cuts and automakers begged governments to save them amid a spreading global recession.

source: uk.news.yahoo.com

Mark Cuban charged with insider trading over sale of internet company stock

date: 2008-11-17 19:18:44

Dallas Mavericks basketball team owner allegedly avoided $750,000 in losses in sale of Mamma.com shares

source: www.guardian.co.uk

Oil prices rise on US output data

date: 2008-11-17 17:25:58

Oil prices have risen after surprisingly good US industrial output figures and warnings of cold weather.

source: news.bbc.co.uk

Job cuts at Citigroup : Heads will roll at Citi

date: 2008-11-17 14:16:19

Citi will lay off tens of thousands of workers, but it needs to do more to show it is in control of its destinyANNOUNCING 50,000 job cuts is a strange way to reassure staff. That, however, was the main message ...

source: feeds.feedburner.com

Oil falls towards $56 after G20 disappoints

date: 2008-11-17 13:51:00

Oil fell towards $56 a barrel on Monday after a meeting of the Group of 20 major economies ended with few concrete proposals on dealing with global recession.

source: uk.news.yahoo.com

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