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| Latest headlines from : BBC News | Business | World Edition |
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Recession fears hit stock markets
Thu, 20 Nov 2008 12:49:28 GMT
European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted downturn. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739116.stm
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Oil price hovers at $50 a barrel
Thu, 20 Nov 2008 12:27:49 GMT
Oil prices are hovering around $50 a barrel amid growing fears over a global recession and lower demand for oil. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739352.stm
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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. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739560.stm
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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. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739194.stm
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Yugo gone
Thu, 20 Nov 2008 11:32:45 GMT
Serbia's iconic vehicle finally runs out of road Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/europe/7739319.stm
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UK October budget deficit widens
Thu, 20 Nov 2008 11:30:41 GMT
The UK's public sector net borrowing widened by £1.4bn in October ahead of the pre-Budget report, official figures show. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739335.stm
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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. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739026.stm
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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. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7738947.stm
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AstraZeneca axes jobs and plants
Thu, 20 Nov 2008 11:02:50 GMT
Anglo-Swedish pharmaceutical giant AstraZeneca says it will cut 1,400 jobs by 2013 and close three European factories in a cost-cutting effort. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/business/7739422.stm
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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. Permalink: http://news.bbc.co.uk/go/rss/-/2/hi/asia-pacific/7739245.stm
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