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BBC News | Business | World Edition
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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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Marston's profits hit by floods
Brewer Marston's sees its annual profits fall 13% due to the poor summer weather and deteriorating economic climate.
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Global crisis ends Honda F1 dream
Japanese car giant Honda is quitting Formula One, blaming the world economic crisis.
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Crude steady near four-year low
Oil prices are steady at almost four-year lows below $44 a barrel as demand continues to be hit by the slowing global economy.
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Banks face pressure on rate cut
MPs pressure banks to pass on 1% cut in interest rates to customers as HBOS offers only 0.25%.
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China, US pledge $20bn trade aid
The two countries pledged $20bn (£13.6bn) to help finance global trade, as part of efforts to boost the faltering world economy.
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US carmakers' plea under scrutiny
Bosses from America's big three car companies face a second day of grilling in Congress over their request for a $34bn bailout.
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Dealing in risk
Why risk managers in banks missed the impending crisis.
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Pound hits new low against euro
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
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?
ECB cut interest rate, but not as fast as others
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Downturn to hit Philips profits
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%
The European Central Bank delivers its biggest rate cut, lowering interest rates to 2.5% from 3.25%.
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France unveils huge stimulus plan
French President Nicolas Sarkozy unveils a 26bn-euro ($33bn, £23bn) stimulus plan to help France fend off financial crisis.
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Telecom giant ATT slashes jobs
US telecommunications company, ATT, announces 12,000 job cuts, or 4% of its workforce, in an effort to reduce costs.
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Crisis overshadows US-China talks
Senior US officials are in China for economic talks, an event overshadowed by the global financial crisis.
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Sweden cuts interest rates to 2%
Sweden's central bank, the Riksbank, cuts its key interest rate by a record 1.75 percentage points to 2%.
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House prices still falling fast
House prices are falling at a faster rate, the Halifax says, as prices fell 2.6% between October and November.
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Argentina backs airline seizure
Argentina's lower house of Congress approve a bill to seize back the country's biggest airline from its Spanish owners.
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Wary consumers
Economic hardship greets The Box as it arrives in LA
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Credit Suisse to cut 5,300 jobs
Troubled Swiss banking giant Credit Suisse says it is shedding another 5,300 jobs from its workforce.
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Japan oil rivals in merger deal
Japan's Nippon Oil is merging with Nippon Mining Holding in an attempt to weather falling oil prices and weak demand.
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Asian autonomy
Has the time come for an Asian Monetary Fund?
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German car downturn 'worst ever'
The downturn in the German car market is "at a pace and magnitude that has never happened before", the country's main autos trade body warns.
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Bail-out plan 'lacks oversight'
The US $700bn bail-out plan is being implemented without adequate safeguards, a Congressional watchdog says.
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Eurozone retail sales slump 2.1%
Retail sales across the 15 nations that share the euro fell more than expected in October, increasing the chance of an interest rate cut.
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DFS advert banned for inflated sofas
An advertisement for DFS is banned by the Advertising Standards Authority because the sofas in it are misleadingly large.
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Large cut in Thai interest rates
Thailand's central bank cuts interest rates by the biggest amount in eight years, as it aims to lift an economy hit by unrest.
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Boom to bust
Latvia's once rampant economy seeks economic aid
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Water shortage
Ghanaians struggle daily to get hold of regular supplies
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US carmakers publish rescue plans
Struggling US carmakers General Motors, Ford and Chrysler ask the government for help worth a total of $34bn.
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