Stocks hit 5-1/2 year lows on economic fears

November 19, 2008 on 10:55 pm | In Business News | No Comments

HONG KONG (Reuters) - A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 a barrel and safe havens such as the yen gained as economic data indicated a global recession could get even uglier.

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Stocks hit 5-1/2 year lows on economic fears

Stocks hit 5-1/2 year lows on economic fears

November 19, 2008 on 10:55 pm | In Business News | No Comments

HONG KONG (Reuters) - A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 a barrel and safe havens such as the yen gained as economic data indicated a global recession could get even uglier.

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Stocks hit 5-1/2 year lows on economic fears

Prospect for auto bailout dims as Senate races clock

November 19, 2008 on 10:33 pm | In Business News | No Comments

WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican U.S. senators, with White House support, to provide $25 billion (16 billion pounds) to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.

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Prospect for auto bailout dims as Senate races clock

Prospect for auto bailout dims as Senate races clock

November 19, 2008 on 10:33 pm | In Business News | No Comments

WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican U.S. senators, with White House support, to provide $25 billion (16 billion pounds) to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.

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Prospect for auto bailout dims as Senate races clock

Auto bailout prospects fade as last ditch effort made

November 19, 2008 on 9:55 pm | In Business News | No Comments

WASHINGTON (Reuters) - Prospects for a Congressional bailout of the U.S. auto industry faded further on Wednesday with little expectation that Democratic leaders would …

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Auto bailout prospects fade as last ditch effort made

Global stocks hit 5-1/2 year lows

November 19, 2008 on 9:32 pm | In Business News | No Comments

HONG KONG (Reuters) - A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 a barrel and government bonds surged as economic data indicated a global recession could get even uglier.

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Global stocks hit 5-1/2 year lows

Oil falls below $53 on U.S. stocks rise and demand drop

November 19, 2008 on 8:37 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil fell for a fifth straight session to below $53 on Thursday after U.S. crude inventories climbed twice as much as expected, signalling an economic downturn is hitting hard and demand for fuel is falling.

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Oil falls below $53 on U.S. stocks rise and demand drop

Ex-EPA official faults probe of BP pipeline spills

November 19, 2008 on 8:00 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - The former head of an EPA criminal probe into pipeline spills at a BP Plc oilfield in Alaska claims the U.S. Justice Department prematurely ended the investigation and settled with the oil …

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Ex-EPA official faults probe of BP pipeline spills

Minister says government expects to beat efficiency target

November 19, 2008 on 7:15 pm | In Business News | No Comments

LONDON (Reuters) - The government can save more money through efficiency cuts in the public sector than originally planned, a Treasury minister said on Thursday, potentially creating more leeway to support the economy.

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Minister says government expects to beat efficiency target

U.S. stocks lowest since 2003

November 19, 2008 on 7:14 pm | In Business News | No Comments

WASHINGTON (Reuters) - U.S. and European stocks fell to their lowest levels in 5-1/2 years on Wednesday, as prospects faded for a Washington bailout of the auto industry and data showed U.S. consumer prices dropped at a record pace in October.

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U.S. stocks lowest since 2003

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