United Kingdom
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Wednesday, 7 January 2009
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 Germany falls into recession
Germany has fallen into recession and China industry output growth dropped to its lowest in seven years, data showed on Thursday, ...
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 Toyota to shut plants
Toyota Motor Corp will shut all its factories in Japan for 11 days to combat a global slowdown that is not only hitting company profits but ...
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 Sony to cut 8,000 jobs
Japan's Sony said it will slash about 4 percent of its workforce, scale back investments and pull out of businesses as it aims to cut ...
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 World stocks and dollar rise
World stocks rose on the first trading day of the year after a dismal 2008, while the dollar gained. Crude oil and metal prices fell, as ...
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 Pound hits 6-1/2 year low vs dollar
Sterling hit a record low on a trade-weighted basis and a 6-1/2 year low against the dollar on Tuesday, nagged by a grim outlook for the ...
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 Oil rises over $1 to near $69
Oil rose over $1 to near $69 a barrel on Monday, reversing earlier losses of more than $1, as Asian stock markets climbed on signs of ...
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 What the Bank has to weigh up
The Bank of England is expected to cut interest rates to 4 percent or below from 4.5 percent on Thursday due to the bad economic ...
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 Credit crisis hits consumer morale
The global financial crisis weighed heavy on consumer morale in October and fears about banks' stability and the economy made people ...
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 Negative equity risk looms
About 1.2 million households could fall into negative equity if the housing slump continues during the global economic downturn, the Bank ...
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Charity song "Hero" tops pop charts
A charity single for wounded soldiers and their families has gone straight to the top of the pop charts in its debut week, figures showed ...
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 Bond film opens with guns blazing
The new James Bond film, "Quantum of Solace," debuted in Britain on Friday to record one-day ticket sales of 4.94 million pounds ...
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Jobless sees biggest jump since '92
The number of Britons claiming unemployment benefit rose for a seventh consecutive month in August and by its biggest amount since December ...
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