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Last updated: 20:40:55 Thursday Oct 29, 2009


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  • What crisis? China's billionaires live it up
    BEIJING (AFP) - While the rest of the world struggles to bounce back from the global financial crisis, China's billionaires are living large, snapping up luxury products at a breathtaking pace.   Nations:China   Activities:China Wealth Gap   Source:(AFP)   2009-10-28

    BMW auto sales fall by 4.3% in 2008
    FRANKFURT (AFP) - Auto sales by the German car maker BMW fell by more than four percent last year owing to a collapse in global markets in the final months, the group said on Friday.   Nations:Germany   Source:(AFP)   2009-01-09

    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

    Governments struggle to cope with rising unemployment
    WASHINGTON (AFP) - Companies worldwide slashed jobs Thursday as the global financial crisis deepened, leaving authorities scrambling to cushion the blow and prompting the launch of a French state investment fund.   Nations:Sweden South Korea France Spain   People:Nicolas Sarkozy Harry Reid George W. Bush Hu Jintao   Activities:Global Financial Crisis   2008-11-20

    Rolls-Royce plans up to 2,000 job cuts in 2009
    LONDON (AFP) - Rolls-Royce, the British maker of aircraft engines, said Thursday it anticipated cutting between 1,500 and 2,000 jobs worldwide in 2009, or up to five percent of its global workforce.   Nations:U.K.   Source:(AFP)   2008-11-20

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