World economy

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

Imaging software maker Adobe Systems to cut 600 jobs

04 Dec 2008

Eurozone retail sales slump spurs hopes for rate cut

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

Auditors fault US government’s $700-billion bailout supervision

03 Dec 2008

Telecom Italia to sell assets, save cost and cut 4,000 jobs

03 Dec 2008

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.

Delta Airlines to reduce capacity further 2009

03 Dec 2008

US economy officially in recession, productivity indexes show sharp declines

02 Dec 2008

UK denies plans to join the eurozone

02 Dec 2008

US recession official; may last till mid-'09

02 Dec 2008

Global recession drags Chinese manufacturing to record low

01 Dec 2008

Aan index of  China’s 700 manufacturers reveals the country's manufacturing has fallen to its lowest level since 2005.

Canon announces Canon Institute for Global Studies, Canon Foundation

01 Dec 2008

UK inching closer to adopting euro, says EC chief Barroso

01 Dec 2008

High discounts attract heavy holiday shopping in US despite economic gloom

01 Dec 2008

ArcelorMittal launches voluntary separation programme

29 Nov 2008

Drug firms misusing patents to block cheaper generics: EU

28 Nov 2008

Spain unveils $14.3 billion recovery package to fight economic meltdown

28 Nov 2008

Nokia exits Japanese market

28 Nov 2008

Google slashing contractor jobs

28 Nov 2008