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Updated: 1 year 47 weeks ago

Magna is 'very close' to GM deal

Fri, 05/29/2009 - 13:34
Canadian car parts maker Magna International is the preferred bidder for GM Europe, owner of Opel and Vauxhall, Lord Mandelson has said.

Oil prices continue rally to $66

Fri, 05/29/2009 - 11:40
Oil prices hit a six-month high above $66, buoyed by falling US stockpiles and revised US first-quarter GDP figures.

Tata profits hit by drop in sales

Fri, 05/29/2009 - 11:37
Profits at India's Tata Motors fall by 50% as the global economic slowdown hits demand for cars and trucks.

US economy shrinks at slower pace

Fri, 05/29/2009 - 09:52
The US economy shrank by 5.7% in the first quarter of 2009, less than had previously been estimated by official figures.

Anglo Irish gets aid from Dublin

Fri, 05/29/2009 - 09:00
The Irish government announces it will inject 4bn euros into Anglo Irish Bank after the lender reported big half yearly losses.

Cruel necessity

Fri, 05/29/2009 - 08:49
A child's income is vital for families in Bangladesh

Big drop in global server sales

Fri, 05/29/2009 - 08:06
Worldwide server sales fell 24.5% in the first quarter of 2009, according to market research firm IDC.

Eurozone inflation at record low

Fri, 05/29/2009 - 07:12
Prices in the eurozone stopped rising in May, with the official inflation rate 0.0%, fuelling fears of impending deflation.

Japan's industrial output jumps

Fri, 05/29/2009 - 06:19
Japan's factory output jumps at its fastest rate in more than 50 years, but higher unemployment dampens hopes of recovery.

Severn Trent annual profits fall

Fri, 05/29/2009 - 05:35
Rising bad debt among customers and firms using less water in the recession push Severn Trent's annual profits down 6%.

Rise reported in UK house prices

Fri, 05/29/2009 - 05:01
House prices rose by 1.2% in May offering evidence of activity in the housing market, according to figures from the Nationwide.

Irish economy 'is not all gloom'

Fri, 05/29/2009 - 04:20
Irish Prime Minister Brian Cowen says people can begin to have confidence about the future of the country's economy.

Indian growth unexpectedly strong

Fri, 05/29/2009 - 03:50
India's economy slowed to annual growth of 5.8% in the first three months of the year, which was better than expected.

Surfer brands stretch Blacks loss

Fri, 05/29/2009 - 03:40
Blacks Leisure reports an annual pre-tax loss of £14.4m after "difficult" trading conditions on the High Street.

Declining stockpiles push oil up

Thu, 05/28/2009 - 18:57
Oil prices rally towards $65 a barrel for the first time since November after a decline in US stockpiles.

US to host next G20 world meeting

Thu, 05/28/2009 - 15:17
The White House confirms that the US will host the next G20 summit of world leaders in September.

US begins GM bankruptcy planning

Thu, 05/28/2009 - 15:00
General Motors and the US Treasury improve the offer to GM's bondholders, as they prepare for the firm's bankruptcy.

Trouble for French fashion house

Thu, 05/28/2009 - 12:37
French fashion house Christian Lacroix SNC launches insolvency proceedings, it is confirmed.

Opel talks break down in Berlin

Thu, 05/28/2009 - 12:36
Talks about the future of Opel and Vauxhall break down after more details emerge of the amount of extra cash it needs.

FAO Schwarz bought by Toys R Us

Thu, 05/28/2009 - 11:48
Toys R Us says it has bought FAO Schwarz, the oldest toy retailer in the US.