NEW YORK, Dec. 5, 2008 (Reuters) — The Dow and S&P 500 fell by 3 percent on Friday, as a bleak jobs report showed a further deterioration of the U.S. economy. ... > full story
NEW YORK/LONDON, Dec. 5, 2008 (Reuters) — The U.S. economy hemorrhaged more than half a million jobs in November, data showed on Friday, underscoring the depth of a global recession that this week prompted historic interest rates worldwide. ... > full story
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
SYDNEY/MELBOURNE, Nov. 26, 2008 (Reuters) — Global miner Rio Tinto Ltd said on Wednesday it was confident it could sell assets worth billions of dollars to pay down massive debt, despite concerns about a lack of buyers, a day after rival BHP Billiton Ltd dropped a bid for the firm. ... > full story
NEW YORK, Nov. 25, 2008 (Reuters) — The New York Federal Reserve's board of directors is moving ahead "with prudent expedition" in finding a replacement for departing president Timothy Geithner, the head of the search committee told Reuters on Tuesday. ... > full story
LONDON, Nov. 25, 2008 (Reuters) — European stocks fell more than 1 percent on Tuesday and the low-yielding yen rose broadly as euphoria surrounding the U.S. rescue of Citigroup gave way to concerns about sharply deteriorating major economies. ... > full story
SYDNEY, Nov. 25, 2008 (Reuters) — Global miner BHP Billiton Ltd/Plc called off its $58 billion bid for rival Rio Tinto on Tuesday, citing worsening market conditions and demands for asset sales from European regulators. ... > full story
NEW YORK, Nov. 24, 2008 (Reuters) — Wall Street's painful downsizing could cost 225,000 New Yorkers their jobs over the next two years as it recent era of outsize profits may have ended and it adapts to less leverage, the state comptroller said on Monday. ... > full story
LIMA, Nov. 24, 2008 (Reuters) — The United States, China, Japan and 18 other economies in Asia and the Americas promised fast and decisive action on Sunday to prevent a severe global economic downturn. ... > full story
Nov. 24, 2008 (Corrects to show that Chinese state television report did not say that the provincial investments would be an addition to a stimulus package previously announced by the central government) — U.S. President-elect Barack Obama moved to reassure an anxious world over the weekend even before he takes office, picking two respected policymakers to lead the fight against the global financial crisis and setting out his battle plan. ... > full story
Copyright Reuters 2008. See Restrictions for more details.
Bleak jobs data pushes stocks lower Dec. 5, 2008 (MSN Money) — Stocks tumbled at Friday's open after government data showed the economy lost the most jobs in 34 years, raising fears of a worsening economic ...
Bush to promote action plan to deal with crisis Nov. 24, 2008 (FindLaw) — President George W. Bush, struggling to get ahead of a global financial crisis, hopes to win more converts for an action plan designed to ...
Farmers Income to Be Set Back Nov. 24, 2008 (Korea Times) — Farmers are expected to see a significant drop in their annual income with the livestock industry and fruit growers hit particularly hard due to ...
Global financial crisis strengthening political ties: Rudd Nov. 24, 2008 (Australian Broadcasting Company) — The Prime Minister Kevin Rudd says the APEC summit shows the global financial crisis is forging stronger economic and political ties between ...
Subscribe
Print
Email
Bookmark
