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BBC - Business

No agreement for US car bail-out

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.

Recession fears hit Wall Street

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.

Oil price goes below $50 a barrel

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.

Dell sees quarterly profits slip

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.

Rolls-Royce plans 2,000 job cuts

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.

Russia pushes Ukraine on gas debt

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.

Latvia to seek support from IMF

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.

Peugeot Citroen cuts 2,700 jobs

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.

IMF approves $2.1bn Iceland loan

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.

EU reaches deal on farm reforms

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.

Shop till you prop up the economy, Taiwan residents told

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.

Cancel that Ferrari order! Top banks axe bonuses for their executives

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.

Guidelines for financial journalists

Fri, 01 Jul 2005 14:38:13 GMT

Present worries

Fri, 21 Nov 2008 00:38:44 GMT

Concerns over Christmas gifts' safety

Broke, not dim

Thu, 20 Nov 2008 00:27:56 GMT

Some carmakers struggle while others grow

Bee crisis

Thu, 20 Nov 2008 13:55:57 GMT

Collapse of bee colonies could hit the EU economy

Yugo gone

Thu, 20 Nov 2008 11:32:45 GMT

Serbia's iconic vehicle finally runs out of road

Big gamble?

Thu, 20 Nov 2008 16:22:12 GMT

Peru hitches its wagon to China's economic motor

Syrian business

Tue, 18 Nov 2008 23:45:39 GMT

Long-isolated Syria warms to tourism in Damascus

Retail sales bring scant comfort

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.

UK borrowing rise 'is necessary'

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.

RBS boss apologises over losses

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.

Downturn hits newspaper profits

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.

Daewoo leases African plantation

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.

African free trade zone is agreed

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).

Colombian scam suspect extradited

Thu, 20 Nov 2008 15:36:01 GMT

Panama extradites a Colombian suspected of running the country's biggest pyramid finance scheme.

National Grid profit rises in US

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.

China fears grow over job losses

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.

Mazda buys its shares from Ford

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.

Santander snubs UK shareholders

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.

Putin vows to prevent 'collapse'

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.

Opec 'lost $700bn on cheaper oil'

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.

Global gloom depresses oil price

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.

Pakistan asks IMF for rescue loan

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.

Tata Group cools expansion plans

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.

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