Detroit's Big Three open to oversight 11 hours ago Read More
Members of the US Congress gave the Big Three US automakers' request for billions of dollars in federal aid a far warmer welcome than just two weeks ago in an indication that a bail-out of Detroit ...
Outline Doha deal hangs in balance 15 hours ago Read More
The prospects for ministers pushing through an outline deal in the so-called Doha round of trade talks hang in the balance, with the US struggling with scepticism from Congress and its business and...
Economists warn on LatAm credit squeeze 12 hours ago Read More
Huge volumes of US Treasury bonds issued as part of an effort to reverse an economic slump threaten to stop access to credit by Latin American governments facing financing needs of an estimated $25...
ECB slashes rates to 2.5% 20 hours ago Read More
The European Central Bank has taken a more aggressive stance on interest rate cuts, slashing its main policy rate by an unprecedented three-quarters of a percentage point as official borrowing cost...
Sarkozy unveils €26bn stimulus package 20 hours ago Read More
French president Nicolas Sarkozy unveiled a plan to cushion the impact of the credit crunch on the French economy, including targeted measures to support construction, the car industry and small bu...
Tory MPs claim cover-up over Green arrest 20 hours ago Read More
The row over the arrest of Damian Green, shadow immigration minister, intensified with opposition MPs accusing the government of a cover-up after it emerged that a parliamentary committee to invest...