UK economy 'now at 28-year low'

The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.
US job losses hit record in 2008

More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.
Iceland buys 51 Woolworths stores

Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.

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Entrepreneur, The Fortune Key Wealth Creation

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DEFAULT OPTION: We're Borrowing Like Mad. Can the U.S. Pay It Back? - Washington Post

In its battle against the financial crisis, the U.S. government has extended its full faith and credit to an ever-growing swath of the private sector: first homeowners, then banks, now car companies. Soon, President-elect Barack Obama will put the ...
Adolf Merckle: what made this German billionaire commit suicide? - Daily Telegraph

Shortly before 5pm on Monday night, Adolf Merckle quietly put on his coat, told his wife "I have to go to the office for a while", and drove to a railway embankment near his home, where he lay on the frozen tracks and waited patiently for death ...
Key Appointments Strengthen Deloitte’s Aberdeen Practice - Oilvoice.com

Deloitte’s Aberdeen office is investing in the future with a duo of influential senior appointments within two of its key business divisions. Andrew Ogram, a Partner in Deloitte’s Energy, Infrastructure & Utilities tax practice, specialising in ...

Raju’s lust for land - Hindustan Times

His lust for land seems to have been Ramalinga Raju's undoing. Hailing from an agricultural family, for whom land was everything, the Satyam chairman went on to create a multi-billion empire in a span of just 20 years. This was a remarkable feat for ...
Satyam’s Raju Arrested, Board Sacked, in Fraud Probe (Update1) - Bloomberg

Jan. 10 (Bloomberg) -- Satyam Computer Services Ltd. chairman Ramalinga Raju and his brother Rama were arrested and the remaining directors of the software exporter sacked, as India started investigating an alleged $1 billion fraud. The brothers were ...
Satyam's Founders Are Arrested, Board Sacked as India Probes Alleged ... - Bloomberg

Jan. 10 (Bloomberg) -- Satyam Computer Services Ltd. chairman Ramalinga Raju and his brother Rama were arrested and the remaining directors of the software exporter sacked, as India started investigating an alleged $1 billion fraud. Ten directors ...

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2.6 Million Jobs Lost In 2008

ABC's Tanya Rivero and Dan Arnall on the dismal job numbers from 2008.

Subdued mood at CES

Jan. 9 - Technology takes center stage the the Consumer Electronics Show in Las Vegas despite a gloomy economy.

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UK economy 'now at 28-year low'