November data show that with export orders down and backlogs shrinking, factories are cutting workers.
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The natural gas producer’s shares slide as it readies equity offerings to bolster expansion.
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AIG Group has sold its Swiss-based private bank to an investor group from Abu Dhabi, its first significant disposal since it was taken over by the US government in a massive bail-out
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Royal Dutch Shell last year suffered more workforce deaths than any other large western oil company, with a rate of fatalities twice as high as BP’s
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Automakers are counting on a rebound in demand by 2010. But that could turn out to be unrealistic because of an “auto bubble” the Big Three helped to create during the past few years.
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Barclays Capital has embarked on a drive to build a global equities operation in an effort to re-establish its position in a business that it abandoned a decade ago
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New CEO indicates he’d favor selling the retailer.
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Baidu looks set to face a wave of legal challenges as a group of lawyers is organising a mass complaint against the Chinese internet search engine’s business practices
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General Motors and Ford want to bolster the two marques’ finances in anticipation of selling them as the Detroit carmakers grapple with a cash crunch
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Aggressive price-cutting by retailers over the Thanksgiving holiday brought economically battered shoppers into stores in droves, according to spending estimates for the weekend that marks the symbolic start of the US shopping season
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Russia wants to show that it is prepared to meddle in Washington’s backyard, in response to US support for governments such as Ukraine and Georgia that Russia considers to be part of its sphere of influence
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Several, if not all, of Canada’s big five banks are expected to announce big writedowns this week as part of their results for the fiscal year ended October 31
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Our 10th annual ranking of the biggest nonprofits in terms of private donations.
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Japan’s economy is unlikely to respond to a planned fiscal stimulus but will have to endure higher unemployment and possibly a return to deflation and shrinking output, according to Kaoru Yosano, economy minister
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Asif Ali Zardari, Pakistan’s president, made an urgent appeal to India not to punish his country for the terror unleashed on Mumbai, warning that militants had the power to precipitate a war in the region
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Citigroup is poised to sell NikkoCiti Trust and Banking Corporation, its trust bank in Japan, as part of a global move to raise badly needed funds through asset disposals and restructuring measures
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Many of the desperately poor in Dhaka, Bangladesh’s capital, are forced to buy water from private sellers. But WaterAid is working to change policy and extend public access
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The US wants to defuse tensions with other Nato member states about when exactly Georgia and Ukraine will become members of the 26-member alliance by focusing on the internal political and security reforms that both countries must accomplish before they can join the organisation
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When the president-elect unveils his national security team, he is expected to be flanked by Hillary Clinton, his former Democratic presidential rival, Robert Gates, the current defence secretary, and retired general James Jones, former Nato commandant
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Money flowed into equity mutual funds in the latest week, reversing the outflow of the previous week, according to data released a fund research firm.
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American stores are dropping prices to lure holiday shoppers; the squeeze on profit margins is apt to strangle some of them.
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Early indications pointed to slightly higher sales, both online and at stores, as the crucial holiday shopping season kicked off this weekend in the midst of a major economic downturn.
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Thousands of supporters of Thailand’s government held a rally, bringing a new and combustible element to a political deadlock that is edging closer to open violence
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