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Latest News

 
BBC News
Visit BBC News for up-to-the-minute news, breaking news, video, audio and feature stories. BBC News provides trusted World and UK news as well as local and regional perspectives. Also entertainment, business, science, technology and health news.
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EU finance chiefs in crisis talks
EU finance ministers are set to meet for global crisis talks as Asian markets continue the turbulence in world share prices.
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Lehman Bros head took home $300m
The head of failed US bank Lehman Brothers tells Congress he took home $300m (£172.6m) over the past eight years.
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Iceland acts to avoid bank chaos
Iceland offers an unlimited guarantee for all savers and announces emergency legislation to shore up its banks.
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Battle over Wachovia intensifies
US financial giant Citigroup sues Well Fargo and its takeover target Wachovia for $60bn (£34bn).
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Aer Lingus cuts up to 1,500 jobs
Unions are to ballot for all-out industrial action as Aer Lingus announces plans to cut up to 1,500 jobs.
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Oil price dips below $90 a barrel
Oil prices fall to an eight-month low of less than US $90 a barrel and shares on Gulf stock markets fall sharply.
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Starbucks denies it wastes water
US coffee-shop chain Starbucks defends itself against claims of a serious waste of water by leaving taps running in its stores all day.
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No extra safety for German savers
The German government will not pass any new legislation to provide extra protection for savers, the BBC learns.
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eBay to cut workforce by 1,000
EBay, the world's largest online auction site, is set to cut 1,000 jobs - 10% of its workforce - with many more under threat.
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Dollar dilemma. Why Mexican immigrants in the US are sending less cash back home.
The slower US economy sparks a sharp drop in the money Mexican migrants are sending home, official figures show.
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Guidelines for financial journalists
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Warning sign
A financial adviser aged 96 recalls the Wall Street Crash
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Social revolution
The UK's new breed of caring, sharing entrepreneurs
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Silicon success
What lies behind Israel's booming hi-tech economy
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The big chill
Iceland catches a cold from frozen money markets
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Robert Peston
It's certainly looking hairy on the markets
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Past lessons
Has bailing out failing industries worked in the past?
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Stocks slide despite reassurances
The UK's top share index chalks up its biggest one-day points fall ever as Chancellor Alistair Darling tries to reassure financial markets.
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Germany seeks to reassure savers
Chancellor Angela Merkel moves to reassure savers that their deposits in German financial institutions are safe.
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Registrations of new cars fall 21%
New car registrations fall 21% in September, says the Society of Motor Manufacturers and Traders.
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'Rescued' car parts group closes
A Sheffield-based car parts company with 53 branches nationwide ceases trading just days after a takeover deal.
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Xstrata cancels £5bn Lonmin bid
Mining group Xstrata walks away from its £5bn bid for rival Lonmin because of the credit crisis.
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Zimbabwean bank issues new notes
The Zimbabwean government issues higher denomination banknotes to tackle a shortage of cash.
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US job cuts at a five-year high
US employers cut 159,000 jobs in September, the most in more than five years, Labor Department's figures show.
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Car firms see sales plunge in US
US car sales fell sharply last month, the latest sign that woes in the financial sector are spreading to the wider economy.
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Watchdog backs giant mining deal
BHP Billiton's proposed $114bn hostile bid for rival mining giant Rio Tinto is cleared by Australia's competition watchdog.
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Japan agrees stimulus package
Japan's cabinet agrees new funding to stimulate the economy, and Prime Minister Taro Aso also offers tax cuts.
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Netherlands to buy Fortis assets
The Netherlands takes control of the Dutch operations of ailing financial giant Fortis in a deal worth 16.8bn euros.
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Swiss bank UBS to cut 2,000 jobs
Swiss bank UBS says it will cut 2,000 jobs and will reorganise the business to cut costs and focus on its strengths.
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Record one-day jump in oil price
The price of oil has jumped by more than $16 to $120 a barrel in the US, the biggest one-day gain on record.
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Oil falls amid economic concerns
Oil prices decline further amid concerns that a slowdown in the global economy will dent demand.
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US bans key Indian drug imports
The US FDA says it has banned the import of more than 30 generic drugs made by Indian drug firm Ranbaxy.
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Pakistan sees wider trade deficit
Export disruption causes trade gap between Pakistan and the rest of the world to widen in August.
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