World economy
Bank of America to slash up to 35,000 jobs over next three years
12 Dec 2008
Bank of America will cut 30,000 to 35,000 jobs in the next three years as it absorbs the acquisition of Merrill Lynch in a faltering economy
SKF cutting 2,500 jobs worldwide
11 Dec 2008
China, Japan, Korea bankers to meet annually
11 Dec 2008
China's exports down 2.2 per cent in November
10 Dec 2008
Over half a million Americans lose jobs in November
08 Dec 2008
The US Bureau of Labor Statistics yesterday posted the worst monthly payroll employment figures in 34 years, with 533,000 people being rendered jobless in November alone.
China, US pledge $20 billion for trade
05 Dec 2008
The US and China hope to stimulate flagging global trade as the worldwide recession sets in.
Putin’s Red Square show a hit
05 Dec 2008
China tells US to put own house in order; promises help to stabilise global economy
05 Dec 2008
China's chief trade envoy has urged the US to "do all it can" to stabilise its economy
France unveils €26-billion recovery plan
05 Dec 2008
President Nicolas Sarkozy has unveiled a €26-billion ($33 billion) stimulus plan to help France fend off financial crisis.
AT&T to cut 12,000 jobs
04 Dec 2008
Global insolvencies projected to rise in 2009
04 Dec 2008
US private sector sheds 250,000 jobs in November: report
04 Dec 2008
A new report says employment in the US private sector fell 250,000 in November following a revised decrease of 179,000 jobs in October
Mexican steelmaker AHMSA to lay off 12,000
03 Dec 2008
Paulson urges China to boost domestic economy
03 Dec 2008
US treasury secretary Henry Paulson wants China to further boost domestic demand and furter reform its exchange rate policies.
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