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Oil price goes below $50 a barrel
Oil prices fall below $50 a barrel amid growing fears over a global recession and lower demand for oil.
RBS boss apologises over losses
Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is "profoundly sorry" for the bank's financial difficulties.
No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
Recession fears hit Wall Street
Wall Street shares fall steeply for the second day in a row, amid investors' growing fears of a protracted economic downturn.
Retail sales bring scant comfort
Sales on the UK's High Streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show.

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RBS boss apologises over losses
The Royal Bank of Scotland's chairman has told shareholders he was "profoundly sorry" for the financial and human cost that the bank's troubles have caused.

China fears grow over job losses
China's social security minister has described the country's employment situation as "grim'" and warned that the effects of the global financial crisis were not fully felt yet.

EU reaches deal on farm reforms
European farm ministers have agreed on a set of changes to the controversial Common Agricultural Policy.

Government agrees Alitalia sale
The Italian government has agreed to sell the bankrupt airline Alitalia to a business consortium.

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