Thu, 20 Nov 2008 22:30:25 GMT
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
Thu, 20 Nov 2008 22:25:24 GMT
Wall Street shares fall steeply for the second day in a row, amid investors' growing fears of a protracted economic downturn.
Thu, 20 Nov 2008 16:13:58 GMT
Oil prices fall below $50 a barrel amid growing fears over a global recession and lower demand for oil.
Fri, 21 Nov 2008 00:17:52 GMT
US computer maker Dell sees its quarterly profits fall as customers around the world buy fewer computers.
Thu, 20 Nov 2008 11:21:38 GMT
Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
Thu, 20 Nov 2008 18:05:20 GMT
Russia demands Ukraine to repay a $2.4bn gas debt, raising fears of a renewed dispute which could disrupt supplies to Europe.
Thu, 20 Nov 2008 15:25:50 GMT
Latvia becomes the second European Union country to seek the International Monetary Fund's help to stabilise its financial system.
Thu, 20 Nov 2008 11:51:58 GMT
French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe.
Thu, 20 Nov 2008 09:47:44 GMT
The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October.
Thu, 20 Nov 2008 10:13:55 GMT
EU ministers agree to reform farm policy by moving more subsidies away from production and liberalising the dairy market.
Tue, 18 Nov 2008 15:44:51 GMT
Taiwan's prime minister announces a cash handout for all residents in a bid to try to stave off economic crisis.
Mon, 17 Nov 2008 12:52:51 GMT
UBS and Goldman Sachs will not pay bonuses to their top executives in 2008, the banking giants reveal.
Fri, 01 Jul 2005 14:38:13 GMT
Fri, 21 Nov 2008 00:38:44 GMT
Concerns over Christmas gifts' safety
Thu, 20 Nov 2008 00:27:56 GMT
Some carmakers struggle while others grow
Thu, 20 Nov 2008 13:55:57 GMT
Collapse of bee colonies could hit the EU economy
Thu, 20 Nov 2008 11:32:45 GMT
Serbia's iconic vehicle finally runs out of road
Thu, 20 Nov 2008 16:22:12 GMT
Peru hitches its wagon to China's economic motor
Tue, 18 Nov 2008 23:45:39 GMT
Long-isolated Syria warms to tourism in Damascus
Thu, 20 Nov 2008 11:12:50 GMT
Sales on the UK's High Streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show.
Thu, 20 Nov 2008 16:55:24 GMT
The government says it is "right to increase borrowing" as figures show public debt rose by £1.4bn last month.
Thu, 20 Nov 2008 21:34:21 GMT
Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is "profoundly sorry" for the bank's financial difficulties.
Thu, 20 Nov 2008 09:43:50 GMT
The Daily Mail's publisher reports a 9% fall in full-year profit, while competitors announce a pay freeze and job cuts.
Wed, 19 Nov 2008 13:16:10 GMT
South Korean firm Daewoo says it is leasing a vast tract of land in Madagascar, which will produce half of its corn supply by 2023.
Wed, 22 Oct 2008 17:05:33 GMT
The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn).
Thu, 20 Nov 2008 15:36:01 GMT
Panama extradites a Colombian suspected of running the country's biggest pyramid finance scheme.
Thu, 20 Nov 2008 12:20:00 GMT
UK utility National Grid reports a 4% rise in half-year profit and gave a positive forecast.
Thu, 20 Nov 2008 10:45:07 GMT
Beijing says its employment outlook is "grim", amid concerns of increasing social unrest caused by economic problems.
Wed, 19 Nov 2008 08:17:09 GMT
Japan's Mazda Motor spends 17.8bn yen to buy back almost 7% of its shares from troubled US carmaker Ford Motor.
Thu, 20 Nov 2008 16:35:10 GMT
The giant Spanish bank Santander has excluded 1.8 million UK shareholders from taking part in a new share issue.
Thu, 20 Nov 2008 12:45:58 GMT
Russia's prime minister vows to prevent another financial "collapse" in the country, referring to the crises in the 1990s.
Wed, 19 Nov 2008 09:55:31 GMT
Opec members have lost about $700bn (£467bn) because of falling crude prices, the oil cartel's president is quoted as saying.
Tue, 18 Nov 2008 12:09:34 GMT
The price of oil drifts below $55 a barrel, amid increasing worries over falling demand and slowing global growth.
Sat, 15 Nov 2008 10:43:28 GMT
Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says.
Thu, 13 Nov 2008 15:42:25 GMT
Indian conglomerate Tata Group says it will cut down on acquisitions because of increasing problems in raising capital.