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Brutal share sell-off in US as oil falls below $50 for first time in 3½ years Wall Street suffered its biggest battering in more than 10 years last night, while fears of a long and painful economic slump continued to stalk ...
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From the Kremlin to Caracas, how oil collapse changes everything RussiaRussia is lurching towards a major economic crisis, experts predicted yesterday, following news that the price of oil had slumped to under $50 (£33.72) a ...
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Motor industry bail-out halted by Congress Hope that rescue deal might be thrashed out come to nothing as Democrats demand to see business plan
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Bargains galore as Christmas comes early for shoppers Shoppers were lured back on to the high street yesterday as stores slashed prices in an attempt to kickstart the vital Christmas trading period and ...
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Rolls-Royce to cut 2,000 jobs after aviation downturn British industry was hit by a further wave of job losses yesterday across the defence, aerospace and pharmaceutical sectors.The aero-engine maker Rolls-Royce said it was ...
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RBS bosses apologise to shareholders The bosses of Royal Bank of Scotland yesterday told shareholders for the first time that they were "sorry" for the plight of the Edinburgh-based bank ...
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Mark Lawson: Gaunty, you were right It seems fairly unlikely that Jon Gaunt reads the Guardian. And, if he does, I would worry about the effect on the rightwing shock jock's ...
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Larry Elliott: Don't fear for the pound This is the crisis with just about everything. Failing banks, the drying up of credit, crashing house prices, rising unemployment, weakening growth and - as ...
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Corby and Crawley hope to become university towns Corby, Crawley and Croydon are bidding to join Cambridge as university towns, it was announced yesterday. Basildon, Basingstoke, Dudley and Stockport are also among 27 ...
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Kirsty Scott meets Robert Carlyle before the release of his new film, Summer On screen, we expect Robert Carlyle to be a particular type of man: damaged and disenfranchised; the loser; the loner; the archetypal tortured soul. "These ...
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Lucy Pavia on why the change of seasons destroys some people's dress sense Lucy Pavia: Why is it that some of us can't seem to dress properly in summer yet manage to get the look just right come ...
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Germans savour Jamie Oliver, the cabaret It is the final of Germany's biggest cooking competition and the celebrity judge has called in via videophone from London to wish the contestants well. ...
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Christopher Fox celebrates John Cage, time-bender and rule-breaker Why is a contemporary music festival restaging a 50-year-old concert? Christopher Fox celebrates John Cage, time-bender and rule-breaker
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Jackson to appear at high court in $7m sheikh case Singer will challenge Bahrain contract involving new album, recording academy, museum, autobiography and play
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Find £1bn to help 10p tax rate victims, Darling told The leaders of Labour's 10p tax rebels yesterday served warning on the chancellor, Alistair Darling, that he has to find at least £1bn in Monday's ...