BUSINESS NEWS
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01/07/2009 05:51 EDT
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» Stocks set to drop as jobs in focus CNN Money 01/07/2009 05:37 EDT (14min ago) Stocks were set for a lower open Wednesday, with the weak employment situation in investors' focus.
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» UK car sales fall 11.3% in 2008 BBC News Business 01/07/2009 05:35 EDT (16min ago) UK car sales in 2008 are 11.3% lower than they had been in 2007, following a 21.2% drop in December.
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» Dispute hits Europe gas supplies BBC News Business 01/07/2009 05:30 EDT (20min ago) Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap.
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» Satyam Shares Plunge on Scandal The New York Times 01/07/2009 05:26 EDT (24min ago) Shares in Satyam Computer Services Ltd. , an Indian company that counts many Fortune 500 companies among its clients, dropped more than 72 percent after its chairman resigned.
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» Russian gas flow through Ukraine to Europe halted Reuters 01/07/2009 05:08 EDT (43min ago) MOSCOW/KIEV (Reuters) - Russian gas supplies to Europe through Ukraine shut down completely on Wednesday, leaving growing numbers of European Union member states without Russian fuel in freezing mid-winter temperatures.
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» Obama Warns Trillion-Dollar Deficit Potential The New York Times 01/07/2009 05:03 EDT (48min ago) Barack Obama said that his administration would be forced to impose tighter discipline on government.
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» Apartment rents show first decline in over 5 years Reuters 01/07/2009 04:46 EDT (01:04 ago) BOSTON (Reuters) - Average rents for U.S. apartments fell in the fourth quarter, as a sharp economic downturn and rising unemployment left Americans unwilling to pay higher prices, according to data released on Wednesday.
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» UK retailer's sales plunge in crisis Reuters 01/07/2009 04:42 EDT (01:09 ago) LONDON (Reuters) - Britain's biggest clothing retailer reported its worst sales in a decade on Wednesday and Taiwan said its exports plunged the most on record, grim news belying recent optimism in world markets of a revival in the global economy.
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» India IT boss quits over scandal BBC News Business 01/07/2009 04:33 EDT (01:18 ago) The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts.
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» Row halts European gas supplies BBC News Business 01/07/2009 04:17 EDT (01:33 ago) Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap.
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