17 December 2008 Archive
OPEC 'no other choice' to cut oil productionOil producers today responded to the falling oil price by slashing production. |
2008: Year of the Crunch - Part Two: Black September2008 will be remembered for economic turmoil and the crash that knocked Wall Street to its knees. |
BAA 'must sell' Gatwick and StanstedThe Competition Commission has ruled BAA must sell London airports Gatwick and Stansted, as well as Edinburgh. |
FTSE 100 falls 1.5%The FTSE 100 fell 1.5 per cent in early trading - as a brief fillip was lost. |
Fed slashes US interest rates to under 0.25%The Federal Reserve last night cut US interest rates to the bone leaving them at "a target range for the federal funds rate of 0 to 0.25 per cent". |
Lloyds TSB puts the stocks back into stockingsLloyds TSB has uncovered evidence that more than a quarter of Brits are thinking of buying a stock market investment as a Christmas gift. |
Woolworths stores to shut on January 4thAll Woolworths stores are to close by January 4th, the retailer's administrators Deloitte have confirmed. |
FTSE 100 ends flatThe FTSE 100 plunged by over 100 points in early trading but recovered throughout the day to end 0.35 per cent higher. |
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