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BBC News | Business | World Edition
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'We made mistakes' says GM boss
Fri, 05 Dec 2008 01:59:41 GMT
General Motors boss Rick Wagoner and Ford chief Alan Mulally admit making mistakes in running their firms.
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Dealing in risk
Fri, 05 Dec 2008 01:41:05 GMT
Why risk managers in banks missed the impending crisis.
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China tells US to steady economy
Fri, 05 Dec 2008 01:32:44 GMT
China tells the US to stabilise its economy and boost its savings rate in a sign of Beijing increasing economic confidence.
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Oil falls sharply on big job cuts
Fri, 05 Dec 2008 00:38:26 GMT
Oil prices fall to an almost four-year low after more bad economic data in the US, including benefit rises and big job cuts.
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Bank cuts UK rates to 57-year low
Thu, 04 Dec 2008 22:39:57 GMT
The Bank of England has cut interest rates by one percentage point from 3% to 2%, their lowest level since 1951.
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Pound hits new low against euro
Thu, 04 Dec 2008 21:55:50 GMT
The British pound hits a historic low against the euro after the Bank of England cut interest rates to 2%.
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US Fed urges foreclosures push
Thu, 04 Dec 2008 18:10:14 GMT
US Federal Reserve chairman Ben Bernanke calls on the government to take action to stem the increasing number of home foreclosures.
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Enough done?
Thu, 04 Dec 2008 17:55:41 GMT
ECB cut interest rate, but not as fast as others
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Downturn to hit Philips profits
Thu, 04 Dec 2008 17:02:39 GMT
Electronics giant Philips says the downturn is without "recent comparison" and that its revenue will be less than expected.
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ECB cuts eurozone rates to 2.5%
Thu, 04 Dec 2008 16:17:44 GMT
The European Central Bank delivers its biggest rate cut, lowering interest rates to 2.5% from 3.25%.
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