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Broke, not dim
Some carmakers struggle while others grow
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Colombian scam suspect extradited
Panama extradites a Colombian suspected of running the country's biggest pyramid finance scheme.
Cancel that Ferrari order! Top banks axe bonuses for their executives
UBS and Goldman Sachs will not pay bonuses to their top executives in 2008, the banking giants reveal.
Out-Of-Home Video Advertising Bureau (OVAB) Europe is Launched
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Tata Group cools expansion plans
Indian conglomerate Tata Group says it will cut down on acquisitions because of increasing problems in raising capital.
EU warns against car subsidy race
EU Competition Commissioner Neelie Kroes tells France and Germany not to start a "subsidy race" to save the car industry
Japan keeps rates on hold at 0.3%
Japan's central bank keeps its key rate unchanged at 0.3% on Friday but warns of an uncertain outlook.
Opec 'lost $700bn on cheaper oil'
Opec members have lost about $700bn (£467bn) because of falling crude prices, the oil cartel's president is quoted as saying.
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.
Guidelines for financial journalists

Repossession of homes up by 12%
The number of properties repossessed by mortgage lenders rose by 12% to 11,300 in the third quarter of the year.

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