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EasyJet reportedly wins review of Gatwick airport charges

LONDON (Reuters) - The High Court has approved an application from low-cost carrier easyJet for judicial review of the regulatory …

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EasyJet reportedly wins review of Gatwick airport charges

Japan joins Europe in recession

TOKYO (Reuters) - Japan sank into recession in the third quarter, even before it felt the full force of the financial crisis, and world leaders at a weekend summit gave investors little hope they could rescue the global economy.

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Japan joins Europe in recession

IMF head reportedly sees scope for ECB rate cut

LONDON (Reuters) - The head of the International Monetary Fund said the European Central Bank (ECB) has scope to cut interest rates, adding that the lending agency would need more …

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IMF head reportedly sees scope for ECB rate cut

BT seen broadcasting ITV catch-up programming

LONDON (Reuters) - British telecoms company BT Group is to be allowed to broadcast ITV Plc’s catch-up and archive program …

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BT seen broadcasting ITV catch-up programming

Hedge funds wary of signing up to code

LONDON (Reuters) - Fewer than one in ten UK-managed hedge fund firms plan to sign up to the Hedge Fund Standards Board’s (HFSB) best-practice code for the industry, according to a report from hedge fund consultants Kinetic Partners.

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Hedge funds wary of signing up to code

Oil falls over $1 to below $56 after G20 summit

PERTH (Reuters) - Oil fell over $1 to below $56 a barrel on Monday, dropping to near its lowest in almost two years after a meeting of the Group of 20 major economies ended with few actual proposals on how they would combat a global recession.

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Oil falls over $1 to below $56 after G20 summit

Survey shows house asking prices down

LONDON (Reuters) - Increasingly desperate sellers slashed asking prices for homes in England and Wales by 2.9 percent in November, pushing them 7.1 percent below their level a year ago, a …

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Survey shows house asking prices down

UK faces sharp downturn and big rise in jobless

LONDON (Reuters) - Britain will suffer its sharpest economic contraction in almost two decades next year and the number of people out of work could rise to nearly 3 million by 2010, the Confederation of British Industry said on Monday.

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UK faces sharp downturn and big rise in jobless

Crisis plan criticized as trading dawns

CHICAGO (Reuters) - A package of economic rescue measures agreed by the world’s major governments appeared to fall short of calming investors jangled nerves as the trading week dawned in Asia.

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Crisis plan criticized as trading dawns

Awaiting verdict on world crisis plan

CHICAGO (Reuters) - After the world’s major governments agreed to urgently confront the worst global economic crisis in decades, investors waited anxiously to see the markets’ judgement when the trading week begins in Asia.

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Awaiting verdict on world crisis plan