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By Gilles Castonguay
Ford says its November U.S. light vehicle sales tumbled 31% amid a continued slump in consumer spending and tight credit markets. Toyota's sales fell 34% despite its extension of zero-percent financing on a dozen vehicles. And Honda showed a 32% drop.
By Gilles Castonguay
"I felt that my detention had been arranged in such a way that God was trying to use my innocence to educate the public on politics," says Teresa Kok . She was arrested on 12 September 2008 at about 11.00pm, becoming the first female Malaysian MP detained under ISA.
Indian currency headed for its biggest-ever annual drop since the devaluation in 1991. The rupee On Tuesday hit a new lifetime low of 50.61 against the dollar in early trade as stock markets fell and other Asian currencies also weakened.
About 200 workers have been laid off from a luxury resort in Puerto Rico, officials said Tuesday, adding to the struggles of a Caribbean hotel industry hit by falling revenues and bookings due to the global financial crisis. The layoffs represent 20 percent...
SAN JUAN, Puerto Rico (AP) — About 200 workers have been laid off from a luxury resort in Puerto Rico, officials said Tuesday, adding to the struggles of a Caribbean hotel industry hit by falling revenues and bookings due to the global financial crisis.
DETROIT -- Eager to avoid another scathing lecture about corporate excess from members of Congress, the CEOs of America's two biggest automakers will travel to Washington this week in hybrid vehicles made by their companies.
The country's fast moving consumer goods (FMCG) industry has so far been resilient to the slowdown in the economy and a dip in consumer sentiment. In fact, if we go by the numbers for October and estimates for November, the growth only seems to have got better when compared to the earlier months.
(Corrects value of sales from United Airlines and AMR Corp. in sixth paragraph in story first published Dec. 2.) Dec. 2 (Bloomberg) -- British Airways Plc is in talks about a merger with Qantas Airways Ltd.
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