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Archive for November 19th, 2008

More UK retail sales woe expected

posted by BBC News | Business | UK Edition in General
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Figures out later from the Office for National Statistics are likely to show a continued slowdown on the High Street in October.

IMF approves $2.1bn Iceland loan

posted by BBC News | Business | UK Edition in General
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The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October.

British teenagers remain optimistic about jobs in face of downturn

posted by BBC News | Business | UK Edition in General
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Most young people are confident of finding a job despite the economic downturn, a survey finds.

RBS shareholders vote on bail-out

posted by BBC News | Business | UK Edition in General
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Shareholders of the Royal Bank of Scotland will vote later on Thursday on whether to accept a £20bn government bail-out.

Broke, not dim

posted by BBC News | Business | UK Edition in General
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Some carmakers struggle while others grow

US shares plunge to five-year low

posted by BBC News | Business | UK Edition in General
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Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic worries.

US consumer prices in record fall

posted by BBC News | Business | UK Edition in General
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US consumer prices dropped by a record 1% in October, sending Wall Street and European markets lower on renewed recession fears.

US car bail-out solution sought

posted by BBC News | Business | UK Edition in General
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US politicians are looking for a compromise plan to aid the country's crisis-ridden car industry.

Government agrees Alitalia sale

posted by BBC News | Business | UK Edition in General
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The Italian government agrees to sell the bankrupt airline Alitalia to a business consortium, paving the way for a relaunch.

Government agrees Alitalia sale

posted by BBC News | Business | UK Edition in General
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The Italian government agrees to sell the bankrupt airline Alitalia to a business consortium, paving the way for a relaunch.
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