US recession forecast to drag on
6/1/2009 external link
The US recession is likely to drag on well into 2009, according to forecasts from the US Federal Reserve.
Euro weakens on rate cut evidence
6/1/2009 external link
The euro weakens against the pound and the US dollar as data suggests that a eurozone interest rate cut next week is likely.
European gas supplies disrupted
6/1/2009 external link
Several EU countries report major disruption to their gas supplies from Russia as Moscow accuses Ukraine of shutting pipelines.
German billionaire kills himself
6/1/2009 external link
German billionaire Adolf Merckle commits suicide after his business empire runs into trouble in the global economic slowdown.
Toyota shuts plants for 11 days
6/1/2009 external link
Toyota announces that it is to halt production at its domestic plants for 11 days in February and March.
Euro inflation hits two-year low
6/1/2009 external link
Inflation in the eurozone falls more than expected to 1.6% in December, which is the lowest level for 26 months.
Porsche takes majority VW stake
6/1/2009 external link
German luxury carmaker Porsche announces that it now holds more than 50% of Volkswagen's shares.
Aer Lingus cool on Ryanair offer
6/1/2009 external link
Shareholders in Irish flag carrier Aer Lingus show little appetite for a Ryanair takeover.
French TV ditches prime-time ads
5/1/2009 external link
State-run French TV stations stop showing ads in prime time as part of President Sarkozy's plans to reform public broadcasting.
India truck strike over fuel cost
6/1/2009 external link
Millions of trucks in India are off the roads in an indefinite strike, with operators demanding a lowering of diesel prices.
Madoff's million-dollar mailings prompt court outrage
6/1/2009 external link
US prosecutors call for Bernard Madoff to be put in prison until his trial after it emerges he sent jewellery and watches to friends and family.
Air India sacks nine overweight hostesses
6/1/2009 external link
India's state-run carrier Air India dismisses nine hostesses who had earlier been grounded for being overweight.
Guidelines for financial journalists
1/7/2005 external link
House prices 'fell 15.9% in 2008'
6/1/2009 external link
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
Obama says US economy 'very sick'
6/1/2009 external link
US President-elect Barack Obama says that America's economy is very sick and that the situation is worsening.
Marks and Spencer cuts 1,000 jobs
6/1/2009 external link
Marks and Spencer will announce on Wednesday that it is cutting 1,000 jobs from its workforce of 70,000, the BBC confirms.
Sales fall at Next and Debenhams
6/1/2009 external link
Next and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low.
Areva wins Niger uranium licence
6/1/2009 external link
French nuclear energy group Areva is awarded a licence to build and operate a uranium mine in Niger.
Cocoa prices hit a 23-year-high
24/12/2008 external link
London cocoa futures hit a 23-year-high as it proves to be the most lucrative commodity in 2008.
Venezuela suspends US fuel aid
6/1/2009 external link
Venezuela's US-based oil subsidiary is halting a programme to provide cheap heating oil to low-income communities in the US.
Congress launches Madoff inquiry
5/1/2009 external link
The US Congress begins an inquiry into a suspected $50bn (£32bn) fraud allegedly run by the American hedge fund manager, Bernard Madoff.
Japanese vehicle sales plunge 22%
5/1/2009 external link
Vehicle sales in Japan fell 22% in December compared with the same month in 2007, making it the worst December on record.
China factory output dips further
4/1/2009 external link
China's manufacturing output falls for a third consecutive month as the economic slowdown continues to hit its economy.
Wedgwood goes into administration
5/1/2009 external link
A number of firms owned by Waterford Wedgwood enter administration, as the parent firm appoints a receiver.
Austria to run Madoff-hit bank
2/1/2009 external link
Austria takes control of Bank Medici after the private bank was hit by the Bernard Madoff investment scandal.
Oil price rises on Gaza conflict
5/1/2009 external link
Oil rises briefly above $48 a barrel on fears of heightened Middle East tension after Israel's offensive in the Gaza Strip.
Oil rises on Middle East tensions
29/12/2008 external link
Crude oil prices rise on concerns Israel's attacks on Hamas could threaten supplies from the Middle East.
India unveils economic boost plan
2/1/2009 external link
Indian authorities unveil a fresh economic stimulus package, including another cut in the country's main interest rate.
Tata 'to inject cash into Jaguar'
22/12/2008 external link
Tata Motors, owner of Jaguar Land Rover, will inject "tens of millions" of pounds into the troubled firm, says the FT.
