PL UK
ITV gears up for more cost-cutting

date: 2008-11-28 06:56:41

ITV is understood to be planning to cut an further £25m of costs in a move that could see another round of job losses. By Mark Sweney

source: www.guardian.co.uk

Oil falls towards $53 ahead of OPEC meeting

date: 2008-11-28 06:25:00

Oil fell towards $53 a barrel on Friday as OPEC ministers prepared to meet in Cairo to discuss potential further supply cuts as the global economic slowdown eats into oil demand.

source: uk.news.yahoo.com

Stocks rise even as grim economic news pours in

date: 2008-11-28 04:51:00

Stimulus efforts to stave off a global recession steadied world stock markets, but grim outlooks in China, Japan and elsewhere indicate the economic crisis still had a long way to run.

source: uk.news.yahoo.com

Spanish government launches 11-bln-euro stimulus package

date: 2008-11-27 21:04:00

Spain will spend an extra 11 billion euros (14.3 billion dollars) on public works and other recession-busting measures to fight a spike in unemployment after the global financial crisis, Prime Minister Jose Luis Rodriguez Zapatero said Thursday.

source: uk.news.yahoo.com

Spain unveils 11bn euro stimulus

date: 2008-11-27 18:12:34

Spain launches an 11bn euros (£9.2bn) economic boost plan aimed at creating 300,000 jobs in 2009.

source: news.bbc.co.uk

E.ON sees energy bill cuts next year if prices fall

date: 2008-11-27 14:27:00

German energy group E.ON said on Thursday it hopes to cut bills for its UK customers in 2009 if wholesale gas and electricity prices carry on falling.

source: uk.news.yahoo.com

Oil falls towards $53 as demand worries weigh

date: 2008-11-27 13:33:00

Oil fell to around $53 a barrel on Thursday as a holiday weekend in the United States and an upcoming OPEC consultative meeting limited trade.

source: uk.news.yahoo.com

Fiscal stimulus: Coming soon to a screen near you

date: 2008-11-27 11:50:30

The fiscal stimulus may look enticing, but the unadorned subplot is soaring debtMORE heavily trailed than a Hollywood blockbuster, the government’s fiscal package went on general release this week. Despite the hype, it lived up to expectations, though not in the way that Gordon Brown and his ...

source: www.economist.com

Lap dancing: Good clean fun

date: 2008-11-27 11:50:30

A growing business, but perhaps not for longSEXUAL titillation, said Simon Warr confidently on November 25th, is not the point of a lap-dancing club. Mr Warr should know: besides being the head of Britain’s Lap Dancing Association, a lobbying outfit, he is co-owner of Spearmint Rhino’s ...

source: www.economist.com

UnCommon drama: Rumpelstiltskin v The Undertaker

date: 2008-11-27 11:50:30

A not very edifying duel in ParliamentONCE there was a beard, but now there are only the formidable eyebrows. They remained sombrely unarched as Alistair Darling delivered his pre-budget report on November 24th. Across the dispatch box, George Osborne, the shadow chancellor, pointed angrily at Mr ...

source: www.economist.com

Economics focus: The great wall of unemployed

date: 2008-11-27 11:50:30

Joblessness in China is rising, prompting fears of social unrest. But how high is the true unemployment rate?THE employment outlook is “grim” according to Yin Weimin, China’s minister of human resources and social security. So grim, in fact, that on November 26th the ...

source: www.economist.com

Arming the police: Zappers for coppers

date: 2008-11-27 11:50:30

Unarmed British bobbies get a new toyAS WELL as the world’s first modern police force, Britain has one of the gentlest. Fewer than 7,000 of its 140,000 officers are licensed to carry guns, and then only on authorised operations rather than on the beat. Now they are about to get tougher. On ...

source: www.economist.com

Policing in Northern Ireland : Man down

date: 2008-11-27 11:50:30

Four deaths in the line of duty unite two communitiesTHE still-new Police Service of Northern Ireland (PSNI) lost four officers in the early hours of November 23rd, in the biggest single loss of life the force has had. The deaths were not the result of an attack by dissident republicans like the ...

source: www.economist.com

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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World stocks hit 2-week highs

date: 2008-11-27 09:43:00

Global stocks rose to their highest level in nearly two weeks on Thursday with European equities buoyed by sharp gains in Asia and the United States, dampening demand for safer assets such as government debt.

source: uk.news.yahoo.com

Panasonic slashes profit forecast

date: 2008-11-27 08:18:48

Japanese electronics goods maker Panasonic cuts its annual profit forecast by 90% because of the global economic downturn.

source: news.bbc.co.uk

Oil falls towards $53 as demand woes back in focus

date: 2008-11-27 06:24:00

Oil slipped towards $53 on Thursday, as investors fretted over falling oil demand after another set of bearish U.S. stocks and oil demand data, erasing some of the 7 percent gains on an equities rally a day ...

source: uk.news.yahoo.com

U.S. stocks rise on energy and tech

date: 2008-11-26 21:33:00

U.S. stocks rallied on Wednesday, as investors found value in beaten down technology shares and energy shares rose on higher crude oil prices, while European markets fell on fears about a deep global recession.

source: uk.news.yahoo.com

Europe announces 200bn euro plan

date: 2008-11-26 20:04:53

The European Commission unveils an economic recovery plan worth 200bn euros (£170bn) in an attempt to save millions of jobs.

source: news.bbc.co.uk

U.S. stocks up on bargains

date: 2008-11-26 19:07:00

U.S. stocks rose on Wednesday, as bargain hunting lifted technology shares and energy shares rose with higher crude oil prices, while European markets fell on fears about a deep global recession.

source: uk.news.yahoo.com

Porsche pushes back VW takeover as sales tumble

date: 2008-11-26 14:34:00

German luxury sports car maker Porsche said Wednesday it would push back a planned takeover of Volkswagen, the biggest European auto group, after being hit by falling sales.

source: uk.news.yahoo.com

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