Recession fears send world markets down
LONDON - European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
Nations:Italy South Korea Australia Activities:Asian Markets European Markets Source:(AP)
2008-11-20
Bond finds 'Solace' in $70.4M box office debut
LOS ANGELES - James Bond's quantum of the weekend box office: $70.4 million. "Quantum of Solace," with Daniel Craig returning as Bond for the first direct sequel in the spy franchise, pulled in nearly $30 million more over opening weekend than its predecessor, 2006's "Casino Royale," according to studio estimates Sunday.
Nations:India People:Daniel Craig Miley Cyrus Pierce Brosnan John Travolta Vince Vaughn Reese Witherspoon
2008-11-16
World leaders agree action plan for growth
WASHINGTON (AFP) - World leaders, meeting for a crisis summit here, have agreed on an action plan to restore global growth and prevent future financial upheaval while promising new spending plans, a trade deal and a set of reforms.
Nations:India Brazil Russia People:Jim Leach Gordon Brown Barack Obama George W. Bush Activities:G20 Summit
2008-11-16
Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
World leaders head for summit, euro zone in recession
LONDON (Reuters) - World leaders headed to Washington on Friday to seek ways to tackle a global economic crisis that has plunged much of Europe into its first recession since the euro currency was formed.
Nations:Italy Latvia Pakistan Russia Spain People:Dmitry Medvedev Gordon Brown Ben Bernanke Activities:G20 Summit
2008-11-14
Vanishing jobs, stressed consumers feed downturn
WASHINGTON - Ford plans to cut about 2,260 more jobs, the latest in a vicious cycle of vanishing jobs and stresses on American consumers that is spelling deeper trouble for the already sinking U.S. economy.
People:Nancy Pelosi Activities:2008 Global Recession
2008-11-07
Obama receives congratulations from world leaders
CHICAGO - President-elect Obama accepted congratulations from nine presidents and prime ministers Thursday, returning calls from world leaders who reached out after his presidential victory.
Nations:Mexico U.K. South Korea Canada Afghanistan Iraq People:Kevin Rudd Lee Myung-Bak Nicolas Sarkozy Gordon Brown Felipe Calderon Ehud Olmert Activities:Obama Admin. US Election 2008
2008-11-06
Around the world, US vote sparks buzz for change
BERLIN - Throngs packed plazas and pubs around the world to await U.S. elections results Tuesday, many inspired by Barack Obama's promise of change amid a sense of relief that -- no matter who wins -- the White House is changing hands.
Nations:France Germany Israel Cuba U.K. Kuwait People:Barack Obama Sarah Palin John McCain Activities:US Election 2008 Source:(AP)
2008-11-04
`HSM3' maintains its box-office grades with $15M
LOS ANGELES - Hollywood made audiences repeat senior year.
Nations:Sweden People:Madonna Guy Ritchie Daniel Craig Gerard Butler Clint Eastwood Thandie Newton
2008-11-02
Economy shrinks as consumers cut back on spending
WASHINGTON - The government says the economy shrank in the third quarter as consumers cut back on their spending by the biggest amount in 28 years. It was the strongest signal yet the country has hurtled into recession.
Nations:Ukraine Brazil Mexico South Korea Hungary People:Ben Bernanke Activities:2008 Global Recession
2008-10-30
U.S., China kick off global round of rate cuts
NEW YORK - The United States and China kicked off what is likely to be a global round of interest rate cuts, part of a barrage of measures deployed around the world to fight a deep economic slowdown.
Nations:China South Korea U.S. Belarus Ukraine Pakistan People:Barack Obama John McCain Activities:Global Financial Crisis
2008-10-29
Fed cuts key interest rate half-point to 1 percent
WASHINGTON - The Federal Reserve slashed a key interest rate by half a percentage point Wednesday, driving it to a level seen only once before in the last half-century, and the government finally began distributing funds from the billions in the financial rescue package.
Nations:Ukraine Brazil Mexico South Korea Hungary People:Ben Bernanke Activities:Global Financial Crisis
2008-10-29
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