Royal Treatment Can’t Save Citi

Prince Alwaleed revealed plans to up his stake in the bank, but shares still headed south.

Layoffs Squeeze Euro Economy

A wave of job cuts across the euro zone leave economists fearful about the coming year.

Talk Of Auto Bailout Jumpstarts Wall Street

Market rallies despite pressures of a flagging economy.

$50 Oil No Reason To Party

The lower oil prices fall, the more difficult the global economic recovery will be.

Targanta Tanks On Antibiotic Questions

Shares lose most of their value after FDA panel questions 6-year-old study results.

Job Cuts Accelerate At PSA Citroen

The French car maker will slash 2,700 jobs, with possibly more to come.

Switzerland Cuts As Downturn Brews

The Swiss franc falls on the back of a surprise 1.0% rate cut.

Lines Grow At U.S. Unemployment Offices

Weekly jobless claims have hit a sixteen-year high.

Rolls, BAE Trim Their Workforces

The relative safety of the defense sector isn't enough to offset the downturn affecting aerospace.

Commercial Mortgages Spur Latest Rush To Safe Havens

U.S. Treasuries rally as investors fear that the commercial mortgage market may be the next drag on the economy.

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