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Archive for November 10th, 2008

Brown fuels tax cut talk

posted by BBC News | Business | UK Edition in General
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Gordon Brown fuels further talk of possible tax cuts by saying they can help to support consumer spending.

Global ambitions

posted by BBC News | Business | UK Edition in General
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Japanese phone firms want bigger worldwide sales

Downturn watch

posted by BBC News | Business | UK Edition in General
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Follow small firms as they navigate the slowdown

UK shops ‘lose £3.29bn to theft’

posted by BBC News | Business | UK Edition in General
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The UK's retailers are now losing £3.29bn a year to theft, the highest figure in Europe, a study claims.

GM shares decline to 60-year low

posted by BBC News | Business | UK Edition in General
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Shares in US car group General Motors close at a 60-year low after the struggling firm is hit by a broker downgrade.

Starbucks sees profits evaporate

posted by BBC News | Business | UK Edition in General
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Starbucks' fourth-quarter profit is almost wiped out by the cost of closing under-performing outlets and falling customer numbers.

Stocks surge after China stimulus

posted by BBC News | Business | UK Edition in General
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Stock markets across Asia jump after China announces a $586bn economic and infrastructure stimulus plan.

MPs voice Post Office delay fears

posted by BBC News | Business | UK Edition in General
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Delays in deciding if the Post Office will retain the pension and benefit card payments contract are "destabilising", MPs say.

HSBC takes $4.3bn hit on US loans

posted by BBC News | Business | UK Edition in General
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HSBC's losses relating to the US housing market crisis reach $4.3bn (£2.7bn) in the third quarter.

Deutsche Post cuts 9,500 DHL jobs

posted by BBC News | Business | UK Edition in General
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Deutsche Post says it will cut 9,500 jobs at DHL Express in the US and scale down the operations of the US business.
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