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New steps to help Dexia are in the works: Belgian PM - Biggest FTSE Fall For 20 Years - Wachovia in limbo amid court battle. New steps to help Dexia are in the works: Belgian PM Belgian Prime Minister Yves Leterme said Monday that new steps would be taken in the days ahead to shore up...  

Economy sheds most jobs since 2003, more cuts seen - Analysis: Palin's words may backfire on McCain - Campaigns get personal, McCain called 'erratic'. Economy sheds most jobs since 2003, more cuts seen Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep...  

Porsche won't rule out FY08/09 profit rise - German Govt Offers Bank Guarantee - Belgian and Luxembourg seek Fortis buyer, BNP eyed. Porsche won't rule out FY08/09 profit rise Porsche SE would not rule out another profit rise for the financial year to end-July 2009 even as global financial...  

Wells Fargo agrees to buy Wachovia, Citi objects - Employers cut jobs by most in more than 5 years - Summary Box: Tighter credit slows economy. Wells Fargo agrees to buy Wachovia, Citi objects A battle broke out for control of Wachovia Friday as Wells Fargo signed a $15.1 billion agreement to...  

Hopes rise for bailout bill as House vote looms - Sarkozy to meet IMF chief ahead of finance summit - FTSE rises 2.3 percent as banks lead on bailout hopes. Hopes rise for bailout bill as House vote looms A 700-billion-dollar Wall Street bailout moved closer to approval in the House of...  

Factory orders drop by 4 percent in August - Weak economy pushes jobless claims to 7-year high - Jobless claims pushed to 7-year high. Factory orders drop by 4 percent in August factories plunged by the largest amount in nearly two years in August as the credit strains began to hit manufacturing...  

EU rescue fund rejected as U.S. bailout advances - Share prices crumble on investor nervousness, US data - ECB opens door for lower rates as turmoil bites. EU rescue fund rejected as U.S. bailout advances The European Central Bank's chief and the chairman of euro zone finance ministers sided...  

Stocks little changed after snapback rally - McCain turns irritable, sarcastic in interview - Obama: Accountability must accompany rescue plan. Stocks little changed after snapback rally Financial markets uneasily awaited a Senate vote on the government's proposed financial sector bailout...  

US stocks wobble, Europe, Asia gain in anxious trading - Irish Banks: Sarkozy 'Backs Plan' - Dollar firmer on hopes bank bailout will pass. US stocks wobble, Europe, Asia gain in anxious trading Share prices wilted on Wall Street Wednesday after posting gains in much of Asia and Europe in...  

Stocks surge higher; credit worries persist - Main Street America angry over credit crisis - Lawmaker urges SEC to halt market volatility. Stocks surge higher; credit worries persist Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers...  

Heinz stops buying Chinese milk products - US Bail-Out 'To Be Agreed Soon' - Bail-Out 'Will Be Agreed Soon'. Heinz stops buying Chinese milk products US food group Heinz said Tuesday that it had decided to stop buying Chinese milk for use in its products there in the wake of a giant tainted milk...  

Consumer spending weakens as stimulus fades - Stocks tumble as House votes on plan - US stocks plunge 500 points as House votes on bailout. Consumer spending weakens as stimulus fades Consumer spending in August turned in the weakest performance in six months, underscoring the threat the economy...  

Markets slide before crucial US bailout vote - BSkyB loses ITV stake appeal - Oil prices slide on demand fears. Markets slide before crucial US bailout vote Global stock markets plunged Monday as a series of US and European bank failures rattled investor hopes that the financial crisis can be...  

Congress expected to pass rescue package - Economy's spring rebound was bit less energetic - Jobless claims pushed to 7-year high. Congress expected to pass rescue package Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after...  

German mortgage bank near bankruptcy: report - US lawmakers agree draft of bailout deal, ready for vote - With fate in balance, Fortis faces bailout or takeover. German mortgage bank near bankruptcy: report Germany's Hypo Real Estate, a mortgage bank, is on the brink of bankruptcy, the daily...  

Economy's spring rebound was bit less energetic - Stocks decline on on bailout clash; tech slides - FTSE slumps amid uncertainty over US bailout. Economy's spring rebound was bit less energetic The economy's spring rebound turned out to be slightly less energetic than the government previously...  

Fortis battles liquidity concerns - Senators Make Pledge On Bail-Out - U.S. bailout roils world markets Fortis battles liquidity concerns Belgian-Dutch financial group Fortis battled on Friday to dispel liquidity concerns hammering its shares, insisting that there was "not a single chance"...  

New home sales and factory orders fall in August - Jobless claims pushed to 7-year high - Durable goods orders drop 4.5 percent in August. New home sales and factory orders fall in August New home sales tumbled in August to the slowest pace in 17 years, while the average sales price fell by the...  

Northwest shareholders OK merger with Delta Air Lines - FTSE ends up 2 pct on bailout hopes - OFT presses ahead with probe of Lloyds' HBOS bid. Northwest shareholders OK merger with Delta Air Lines Northwest Airlines shareholders on Thursday voted overwhelmingly for a planned merger with Delta...