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
Japan slides into recession, 1st time since 2001
TOKYO - Japan's economy slid into a recession for the first time since 2001, the government said Monday, as companies sharply cut back on spending in the third quarter amid the unfolding global financial crisis.
Nations:Japan Activities:Global Financial Crisis Source:(AP)
2008-11-16
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
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
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
Most Asian markets rebound after recent slides
SEOUL, South Korea - Most Asian stock markets rebounded Tuesday after several days of steep declines as investors snapped up beaten down shares like Honda, Samsung and HSBC. Shares in Europe also opened higher.
Nations:South Korea Australia Thailand Activities:Global Financial Crisis Asian Markets Source:(AP)
2008-10-28
World markets slump as Nikkei hits 26-year low
LONDON - European stock markets fell heavily Monday after the Nikkei index in Japan closed at its lowest in 26 years as the financial crisis raised recession fears and drove up the yen, piling the pressure on the country's exporters.
Nations:South Korea Ukraine Philippines Hungary Activities:Global Financial Crisis Hong Kong Markets Japanese Markets Chinese Markets Source:(AP)
2008-10-27
Recession alarm rings around the world
PARIS (AFP) - Giants of the auto, airline and technology industries ordered emergency action against the global financial crisis on Friday as shares took a new hammering amid mounting gloom.
Nations:France Japan U.K. Turkey Slovenia Slovakia People:Gordon Brown Alan Greenspan Activities:Global Financial Crisis
2008-10-24
Auto job losses continue as Chrysler, GM make cuts
DETROIT - The employment carnage in the ever-shrinking U.S. auto industry continued Thursday as Chrysler LLC announced it would get rid of 1,825 factory jobs and General Motors Corp. trimmed some benefits and said it would make further white-collar cuts.
Nations:U.S. Activities:2008 Automakers Downturn
2008-10-23
Stocks tumble on worries about earnings forecasts
NEW YORK - Wall Street tumbled again Wednesday as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of recovery. The major indexes fell more than 4 percent, including the Dow Jones industrial average, which finished off its lows with a loss of 514 points.
Nations:Germany Japan France Activities:Global Financial Crisis U.S. Markets Source:(AP)
2008-10-22
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