World News

04 December, 2008 00:01

Auto union makes key concessions

The United Auto Workers union pledges key concessions to help the Detroit Three carmakers secure government aid.

03 December, 2008 23:56

Oil falls on poor economic data

Oil prices fall after a barrage of bad economic data heightens fears of protracted global recession and declining demand.

03 December, 2008 21:13

US economy 'weaker in all areas'

The Federal Reserve's Beige Book paints a bleak picture of the US economy, with weaker economic activity across the country.

03 December, 2008 21:18

Fears grow for US service sector

A measure of the US service sector dropped to a record low in November, showing further weakness in the sector.

03 December, 2008 18:35

Richardson gets US commerce nod

US President-elect Barack Obama names New Mexico Governor Bill Richardson to be his commerce secretary.

03 December, 2008 14:05

German car downturn 'worst ever'

The German car market is suffering an unprecedented slowdown, the country's main trade body warns.

03 December, 2008 11:15

Eurozone retail sales slump 2.1%

Retail sales across the 15 euro nations fell more than expected in October, increasing the chance of an interest rate cut.

03 December, 2008 15:49

EU bans imports of Chinese soya

The European Commission bans imports of Chinese soya-based food products intended to be eaten by young children.

News reports courtesy of BBC News.

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