AFP - World oil prices eased further below 60 dollars in Asian trade Wednesday after Britain and the EU called for joint action to hold off recession threatening leading economies, analysts said.
AFP
Continue reading about Oil prices ease further below 60 dollars (AFP)
AFP - Britain and the EU called for strong joint action to hold off the recession threatening leading economies as more grim economic and corporate news battered world stock markets on Tuesday.
AFP
Continue reading about More calls for action as recession fears spread (AFP)
AP - The head of Britain's Society of Editors warned Tuesday that the global economic crisis was putting added pressure on newsrooms already suffering from declining circulation and ad revenue.
AP
Continue reading about British media group warns of tough times (AP)
AP - Russia's Central Bank on Tuesday eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces its worst financial crisis in a decade.
AP
Continue reading about Russia allows ruble to fall, stokes uncertainty (AP)
AFP - The euro plunged against the dollar on Tuesday despite more gloomy US economic data as investors sought refuge in the US unit amid worsening fears for the flagging world economy, traders said.
AFP
Continue reading about Euro plunges as investors seek dollar haven (AFP)
AFP - London shares closed sharply lower on Tuesday as news of more corporate problems highlighted concerns about the spreading damage from the global credit crunch to the underlying economy.
AFP
AP - Russian stocks fell sharply on Tuesday, prompting regulators to suspend trading at one exchange until Thursday as the benchmark indexes shed more than 12 percent on the back of tumbling commodity prices.
AP
Continue reading about Russian shares drop on lower oil prices (AP)
AFP - Britain and the EU called for strong joint action to hold off the recession threatening leading economies as more grim economic and corporate news drove down world stocks on Tuesday.
AFP
Continue reading about Recession threat sparks calls for world action (AFP)
AP - World stock markets fell sharply Tuesday as further downbeat corporate news in the U.S. reinforced concerns about the world economy.
AP
Continue reading about World stocks tumble on downbeat US corporate news (AP)
AP - Swedish truck and bus maker Volvo AB Tuesday said it will lay off nearly 1,000 staff at its powertrain unit in Sweden and the United States as the global financial crisis continues to weigh on the demand for heavy vehicles.
AP
Continue reading about Volvo to cut nearly 1,000 jobs in Sweden, US (AP)
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