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/ 27 February 2009
If South Africa loans Zimbabwe R6-billion, we won’t have an emergency fund for natural disasters, reports Maya Fisher-French.
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/ 25 February 2009
President Barack Obama sought to strike a delicate balance between hope and reality on Tuesday to reassure Americans mired in the economic crisis.
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/ 18 February 2009
Barack Obama was set on Wednesday to unveil a plan to stabilise the troubled housing market, a main cause of the economy’s deepening slump.
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/ 14 February 2009
Congress passed a -billion stimulus plan to jump-start the economy on Friday, as G7 finance chiefs vowed to ward off the specter of protectionism.
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/ 13 February 2009
European new cars sales fell 27% in January to the lowest level for 20 years, trade data showed on Friday.
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/ 11 February 2009
The kings of Wall Street will try to soothe Congress by defending their use of -billion in bank bailout money, but it may be a tough sell.
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/ 11 February 2009
Glut expected on market as demand plummets for 2008’s must-have executive perk.
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/ 9 February 2009
Well, it’s already happened. Barely two weeks into the job and President Barack Obama has compromised fundamental principles.
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/ 6 February 2009
US Senate Majority Leader Harry Reid halted debate on a -billion rescue Bill late on Thursday, but said lawmakers would resume work Friday.
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/ 27 January 2009
US President Barack Obama will on Tuesday hold talks with congressional Republicans who complain his -billion stimulus plan is too expensive.
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/ 19 January 2009
Britain is set to announce its second bank rescue and the incoming US administration said it will make its funds work harder to get credit flowing.
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/ 16 January 2009
Ailing US banking giant Citigroup reported on Friday that it was splitting into two businesses to restore profitability.
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/ 14 January 2009
US president-elect Barack Obama promised on Tuesday stricter control over a financial rescue package, winning over some skeptical lawmakers.
World stock markets rose on Monday, with Tokyo hitting the highest level for almost two months.
Chrysler on Friday received a -billion loan from the US government, two days after the government completed a parallel payout to General Motors.
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/ 31 December 2008
Another day, another batch of warning signs indicating the world will enter 2009 in the throes of a sharp economic slowdown.
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/ 24 December 2008
In the season of goodwill, Henry Paulson is proving to be an American Santa Claus, doling out sacks of money to aid ailing businesses across the US.
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/ 22 December 2008
Hammered by waning global demand and a surging yen, Toyota slashed its earnings forecast again on Monday.
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/ 17 December 2008
Despite a winning concept amid global climate concerns, Norwegian electric carmaker Think may see its dreams come to a screeching halt.
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/ 15 December 2008
Nearly 2 000 mine workers will lose their jobs following a decision by Aquarius Platinum to suspend operations at its Everest mine.
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/ 15 December 2008
Japan reported its sharpest crash in business sentiment in three decades on Monday and industrial output in China grew at its slowest pace since 1999.
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/ 10 December 2008
The White House and congressional Democrats on Tuesday night reached an agreement in principle on a -billion proposal for bailing out US carmakers.
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/ 3 December 2008
Reflecting what’s on the minds of Americans, "bailout" and "socialism" have beaten "maverick" in a US dictionary word-of-the-year competition.