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BoE cuts interest rates, ECB decision due shortly
LONDON - The Bank of England has slashed official interest rates by 1 percentage point, bringing the rate down to 2 percent, as it attempts to ward off a prolonged recession.
Nations:U.K. Activities:2008 Global Recession Source:(AP)
2008-12-04
Central banks set for new attack on hordes of recession data
BRUSSELS (AFP) - European central banks led the latest global onslaught against recession on Thursday with the focus on big rate cuts, boosting stocks after US-China talks promised cooperation despite strains over the yuan.
Nations:China Sweden France South Korea People:Henry Paulson Wang Qishan Activities:2008 Global Recession
2008-12-04
Toll Brothers 4Q loss narrows, no 2009 forecast
HORSHAM, Pa. - Toll Brothers Inc. said Thursday its fiscal fourth-quarter loss narrowed slightly as it took fewer write-downs on land values, but warned that fiscal 2009 revenue will fall significantly below 2008 levels.
Activities:U.S. Foreclosure Crisis Source:(AP)
2008-12-04
European markets surge ahead of rate decisions
LONDON - European stock markets rose Thursday, despite a mixed performance in Asia, as investors cheered Sweden's Riksbank massive rate cut and predicted aggressive moves later from the European Central Bank and the Bank of England.
Nations:India Sweden Philippines Malaysia Activities:Global Financial Crisis Source:(AP)
2008-12-04
Automakers plead with Congress; votes lacking
WASHINGTON - Imperiled automakers and their union worked feverishly Wednesday to sell a skeptical Congress on a $34 billion aid plan, promising labor concessions and restructuring. The Senate's Democratic leader said there still weren't enough votes to tap the $700 billion federal bailout fund to prop up the foundering Big Three.
People:Alan Mulally Christopher Dodd Harry Reid Ben Bernanke Barack Obama Activities:2008 Automakers Downturn 110th Congress 2008 U.S. Financial Rescue
2008-12-03
| Headlines |
- BoE cuts interest rates, ECB decision due shortly 2008-12-04
- Central banks set for new attack on hordes of recession data 2008-12-04
- Toll Brothers 4Q loss narrows, no 2009 forecast 2008-12-04
- European markets surge ahead of rate decisions 2008-12-04
- Automakers plead with Congress; votes lacking 2008-12-03
- Bad economic news buries hopes worst is over 2008-12-03
- GM exec: bankruptcy not an option for industry 2008-12-03
- US job losses accelerate, German car sales stall 2008-12-03
- Chrysler exec: failure could spark depression 2008-12-03
- Victim's kin file suit in Wal-Mart stampede death 2008-12-03
- UAW to renegotiate labor terms, modify jobs bank 2008-12-03
- Telecom Italia says it will cut 4,000 more jobs in Italy 2008-12-03
- Job cuts, sick car sales, weak demand point to European rate cuts 2008-12-03
- Thai airports reopens after PM ousted by court 2008-12-03
- French power company in hunt for Constellation 2008-12-03
- Scientists ask: Is technology rewiring our brains? 2008-12-03
- Hanks angling for inauguration spot: any spot 2008-12-03
- YouTube seeks musicians for online orchestra 2008-12-03
- EdF takes on Buffett with new Constellation bid 2008-12-03
- GM says it needs $12 billion loans by late March 2008-12-02
- Big Three survival bailout requests rise to $34B 2008-12-02
- US automakers ground jets for trip to Washington 2008-12-02
- Fed extends key credit programs through April 30 2008-12-02
- Delta Air Lines to cut capacity by 6-8 percent in 2009 2008-12-02
- Deutsche Bank head says there is no German credit crunch 2008-12-02
- US, Europe snap back from heavy losses 2008-12-02
- Nov. auto sales sink to worst level since 1982 2008-12-02
- Chrysler to seek $7 billion in government loans 2008-12-02
- Wall Street rebounds sharply after big drop 2008-12-02
- GE expects to hit low end of 4Q guidance 2008-12-02
- British Airways targets Qantas merger 2008-12-02
- Recession tide rising as EU works on dam of state spending 2008-12-02
- GM says CEO will drive to Washington 2008-12-02
- British Airways in merger talks with Qantas 2008-12-02
- Sears suffers 3Q loss on weak US, Kmart sales 2008-12-02
- Ford says CEO will work for $1 to get gov't loans 2008-12-02
- Recession-hit automakers brace for grim US sales 2008-12-02
- Automakers to submit plans to Congress 2008-12-02
- Delta details planned capacity cuts 2008-12-02
- Shares rebound with confidence boost from GE 2008-12-02
- iTunes: Coldplay, Leona Lewis topped sales in 2008 2008-12-02
- Coming soon to Blockbuster stores: concert tickets 2008-12-02
- Ukraine, Russia 'set for new gas talks' 2008-12-02
- Boeing engineers, techs ratify four-year union contract 2008-12-02
- Down we go again: Fourth-worst drop ever for Dow 2008-12-01
- Retail season starts strong, but a long haul ahead 2008-12-01
- 'Four Christmases' finds $31.7M in holiday cheer 2008-12-01
- Automakers' debt may be obstacle to federal loans 2008-12-01
- JPMorgan cutting 9,200 jobs at Washington Mutual 2008-12-01
Matches Shown: | 1-50 | 51-100
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