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AP - Auto parts supplier Robert Bosch GmbH said Monday it plans to reduce working hours for some workers at a German plant later this week as the car industry cuts costs and braces for economic recession.
Comments Off AP - Turkey's consumer prices rose by a more-than-expected 2.60 percent in October, for a year-on-year rate of 11.99 percent, the Turkish Statistics Institute said Monday.
Comments Off AP - Commerzbank AG said Monday that it swung to a net loss in the third quarter because of writedowns caused by the financial crisis and said it would take advantage of billions of euros in government bailout funds.
Comments Off AP - The European Commission forecast Monday that the economy in the 15 countries that use the euro may already be in a recession and will barely grow next year, expanding just 0.1 percent as the financial crisis hits hard.
Comments Off AP - Europe's stock markets rose modestly Monday ahead of an expected steady opening on Wall Street, with investors sitting tight ahead of a raft of U.S. economic news and Tuesday's presidential election.
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