Archive for the ‘General’ Category
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US consumer prices in record fall
Wednesday, November 19th, 2008
US consumer prices dropped by a record 1% in October, sending Wall Street and European markets lower on renewed recession fears.
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US car bail-out compromise sought
Wednesday, November 19th, 2008
US politicians are looking for a compromise plan to aid the country’s crisis-ridden car industry.
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Government agrees Alitalia sale
Wednesday, November 19th, 2008
The Italian government agrees to sell the bankrupt airline Alitalia to a business consortium, paving the way for a relaunch.
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Migrants’ work stocked supermarkets
Wednesday, November 19th, 2008
The migrant workers taken into care following a human trafficking raid in Lincolnshire were harvesting vegetables for a supplier to Tesco and Waitrose, it has emerged.
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Falling demand hits BASF profit
Wednesday, November 19th, 2008
The world’s largest chemicals firm, BASF, reduces its profit forecast and says it will cut production because of a huge fall in demand.
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Lloyds TSB approves HBOS takeover
Wednesday, November 19th, 2008
Lloyds TSB shareholders vote in favour of taking over HBOS as well as taking bail-out money from the government.
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Clegg proposes ‘government bank’
Wednesday, November 19th, 2008
The Lib Dems say the government has been ’supine’ with banks and should consider lending directly to business and homeowners.
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Spain ‘to slide into recession’
Wednesday, November 19th, 2008
Spain is likely to slip into recession in the fourth quarter and stay there into 2009, the Bank of Spain governor says.
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Woolworths in stores sale talks
Wednesday, November 19th, 2008
Struggling High Street chain Woolworths confirms that it is in talks about the possible sale of its retail business.
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House sales rise as prices fall
Wednesday, November 19th, 2008
Property sales rose slightly in October, for the second month in a row, estate agents say.