Business News
It's official: eurozone collapses into its first recession
Pressure on ECB to cut rates after Germany and Italy pull down economy
Inside Business News
Dow plunges below 8,000 to five-year low
Thursday, 20 November 2008
New turmoil in global bond markets on commercial mortgage fears
AstraZeneca to axe 1,400 jobs as factories close new
Thursday, 20 November 2008
Anglo-Swedish drugmaker AstraZeneca is to cut 1,400 jobs and close three plants in Europe as part of a programme to improve efficiency, the firm announced today.
House-building slumps to record low new
Thursday, 20 November 2008
The number of new homes being built in England has slumped by a third during the past quarter to reach a record low, Government figures showed today.
Surprise as High Street fights back new
Thursday, 20 November 2008
Official sales figures from the UK high street continued to defy expectations today.
Peugeot to cut more jobs as car crisis continues new
Thursday, 20 November 2008
PSA Peugeot-Citroen, Europe's second-biggest carmaker, announced a fresh wave of job cuts today as a decline in European car sales is seen continuing into 2009.
140 UK jobs go as Rolls-Royce wields axe new
Thursday, 20 November 2008
Rolls-Royce plans to cut up to 2,000 jobs worldwide, including 140 in the UK, after reviewing the impact of the current economic "uncertainties", the aerospace giant announced today.
Cowdery to press ahead with Resolution listing in December
Thursday, 20 November 2008
Company targeting asset managers and life insurance
US car makers get frosty reception in bailout plea
Thursday, 20 November 2008
The bosses of the big three US carmakers were lambasted for flying on corporate jets as they came to Washington to plead for money to stave off their companies' bankruptcy.
Deutsche Bank set to cut one in seven trader positions
Thursday, 20 November 2008
Deutsche Bank has become the latest big-name investment bank to cull its workforce, as it prepares to cut 900 jobs, with London and New York set to suffer the worst.
Lloyds TSB shareholders approve HBOS takeover
Thursday, 20 November 2008
Bank union fears loss of 40,000 jobs in tie-up deal
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Read
1 Dow plunges below 8,000 to five-year low
3 Surprise as High Street fights back new
4 David Prosser: The buy-to-let dream has turned into a nightmare
5 Deutsche Bank set to cut one in seven trader positions
6 David Prosser: We're all still waiting to see those lending promises honoured
7 Peugeot to cut more jobs as car crisis continues new
8 US car makers get frosty reception in bailout plea
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• Johann Hari: Charles as President? Not in my name
Even if the heir to the throne was a genius, I'd still oppose his right to unelected leadership
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