Business News
- November 20, 2008 - BBC News: 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.
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- November 20, 2008 - BBC News: 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.
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- November 20, 2008 - BBC News: 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.
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- November 20, 2008 - BBC News: 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.
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- November 20, 2008 - BBC News: 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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- November 20, 2008 - BBC News: Rolls-Royce plans 2,000 job cuts
- Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
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