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Peugeot Citroen cuts 2,700 jobs
French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe.
Peugeot Citroen cuts 2,700 jobs
French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe.
Rolls-Royce plans 2,000 job cuts
Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
Pakistan asks IMF for rescue loan
Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says.
Bee crisis
Collapse of bee colonies could hit the EU economy
Syrian business
Long-isolated Syria warms to tourism in Damascus
African free trade zone is agreed
The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn).
UK borrowing rise 'is necessary'
The government says it is "right to increase borrowing" as figures show public debt rose by £1.4bn last month.
Bernanke Leaves Door Open to Further Rate Cuts
Warning that financial markets remain under "severe strain," Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.
Daewoo leases African plantation
South Korean firm Daewoo says it is leasing a vast tract of land in Madagascar, which will produce half of its corn supply by 2023.
Downturn hits newspaper profits
The Daily Mail's publisher reports a 9% fall in full-year profit, while competitors announce a pay freeze and job cuts.
Cavuto: World Goes Nuts, We Go to Work
On a day the world went nuts...We went to work.
RBS boss apologises over losses
Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is "profoundly sorry" for the bank's financial difficulties.

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