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Senior executives in consultancy sector call for long-term focus

Published October 13, 2008, 11:01 am, Consultant News

A poll of 1,118 senior executives reveals that consultancy sector managers and leaders are calling for calm in the face of the continued economic gloom.

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'I have a plan,' McCain assures fleeing voters

Published October 13, 2008, 11:01 am, TurkishPress.com

Republican John McCain Monday desperately sought to win back voters hit by the economic crisis and flocking in droves to Democrat Barack Obama, saying he had a plan to stop the meltdown.

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USDCHF Levels May Guard Against Another Jump In Volatility

Published October 13, 2008, 11:01 am, Daily FX

Risk appetite seems to be on the rebound and the currency markets are recovering from sharp rallies across the board through consolidation. Often times, the low volatility period that follows incredible periods of price action leads to congestion.

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Nissan to cut back by 1,680 workers in Spain

Published October 13, 2008, 11:00 am, The Economic Times

Japanese car manufacturer Nissan is laying off 1,680 workers at one of its plants in Spain because of poor demand, a company official said Monday.

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World markets cheer at bail outs

Published October 13, 2008, 10:59 am, TVNZ

The world's financial stewards bet solidly on recapitalizing ailing banks as the fastest way out of the financial crisis in a clear new direction on Monday that reinvigorated stock markets after their worst week in history.

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Global stocks in record surge after Europe action

Published October 13, 2008, 10:58 am, The Globe and Mail

NEW YORK (Reuters) - Global stocks soared in their biggest one-day advance in at least 20 years on Monday while oil prices jumped after European governments took bold steps to restore market confidence and avert a worldwide recession.

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Global bank rescue aims to halt crisis

Published October 13, 2008, 10:58 am, The Globe and Mail

NEW YORK (Reuters) - The world bet solidly on recapitalizing ailing banks as the fastest way out of the financial crisis in a clear new direction on Monday that reinvigorated stock markets after their worst week in history.

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Global Stocks Climb, Oil Rises on Bailout Plan; Banks Advance

Published October 13, 2008, 10:57 am, Bloomberg

Oct. 13 (Bloomberg) -- Stocks rallied worldwide, with the Standard & Poor's 500 Index rebounding from its worst week since 1933, and oil climbed from a 13-month low after governments in Europe, the U.S. and Asia agreed to support banks.

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Oil Rises as U.S., European Governments Move to Support Banks

Published October 13, 2008, 10:57 am, Bloomberg

Oct. 13 (Bloomberg) -- Crude oil rose, rebounding from last week's 17 percent plunge, as governments in the U.S. and Europe acted to stem the worst financial crisis since the 1930s.

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Europe puts $2.3 trillion on line for banks

Published October 13, 2008, 10:57 am, Bay News 9 Tampa Bay

By ANGELA CHARLTON and EMMA VANDORE PARIS (AP) -- European governments overcame their differences to put $2.3 trillion on the line Monday in guarantees and other emergency measures to save the banking system in their most unified response yet to the global financial crisis.

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