LONDON, Dec. 5, 2008 (Reuters) — Oil fell toward $42 a barrel on Friday, sinking to its lowest level since January 2005, after a U.S. government report showed more than half a million Americans lost their jobs last month. ... > full story
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Pimco Calls Pound's Bottom Dec. 5, 2008 (Trader Daily, UK) — The Bank of England's third interest- rate cut since the start of October is raising speculation that the pound's 26 percent slide may be coming to ...
Morning business news - Dec 5 Dec. 5, 2008 (RTE.ie) — QUANTITATIVE EASING' THE NEXT STEP IN CRISIS? - Rates cuts in Europe and in Britain have seen sterling drop to crisis levels. Over a year ago the ...
LONDON FTSE 100 CLOSE 4,163.6 -6.4 Dec. 4, 2008 (Scotsman) — THE FTSE 100 index ended a volatile session slightly lower yesterday as investors digested a one-point cut in interest rates. London's benchmark ...
Effect of rate cuts likely to disappoint Dec. 4, 2008 (Financial Times) — Interest rate cuts are designed to boost demand in the UK economy in three ways. The aims are to encourage people to save less and spend more now; ...
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