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CEOs Urge at Least $300B in Next Fiscal Stimulus
Chief executives of leading U.S. companies called for a fiscal stimulus package worth at least $300 billion and urged president-elect Barack Obama to swiftly name his economic team.
Bernanke, Paulson Defend Bailout in Testimony
The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue.
No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
Big gamble?
Peru hitches its wagon to China's economic motor
FDIC Chairwoman Weighs In on Loan Modification Plan
FDIC Chairman Sheila C. Bair said the plan coming from Fannie and Freddis is a step in the right direction.
Global gloom depresses oil price
The price of oil drifts below $55 a barrel, amid increasing worries over falling demand and slowing global growth.
Dell sees quarterly profits slip
US computer maker Dell sees its quarterly profits fall as customers around the world buy fewer computers.
Oil price goes below $50 a barrel
Oil prices fall below $50 a barrel amid growing fears over a global recession and lower demand for oil.
Putin vows to prevent 'collapse'
Russia's prime minister vows to prevent another financial "collapse" in the country, referring to the crises in the 1990s.
Retail sales bring scant comfort
Sales on the UK's High Streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show.
Russia pushes Ukraine on gas debt
Russia demands Ukraine to repay a $2.4bn gas debt, raising fears of a renewed dispute which could disrupt supplies to Europe.
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.
National Grid profit rises in US
UK utility National Grid reports a 4% rise in half-year profit and gave a positive forecast.

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