| All times are London time: Thursday Jan 01 2009 | Financial Times - UK Homepage Footsie suffers worst year Dec 31 2008 13:05 London's leading stocks endured their worst annual falls in at least 24 years, while in Europe and Asia, some markets ended the year by notching up their worst performances since records began Read more » Israel rejects calls to halt attacks on Gaza Dec 31 2008 14:56 Israel has rejected international calls for a halt to its attacks on the Hamas-controlled Gaza Strip, saying that a European Union proposal for a 48-hour truce offered no guarantee that the Islamist group would in turn end its rocket attacks on Israel Read more » Russia-Ukraine gas talks end in failure Jan 01 2009 00:03 Russia looked set to cut gas supplies to Ukraine after talks over a deal broke down on Wednesday. The company now looks likely to reduce supplies on January 1 as promised Read more » Financial Times - US homepage US stocks suffer worst year since Great Depression Dec 31 2008 22:08 The worst annual performance for US stocks since the Great Depression ended with a modest rally on the final day of trading as the Federal Reserve pushed ahead with its plan to buy mortgage-backed securities Read more » Israeli planes hit government buildings in Gaza Jan 01 2009 04:36 Israeli warplanes attacked government buildings in the Gaza Strip early on New Year's Day after Israel and its Islamist Hamas foe both spurned ceasefire calls in a conflict that has killed about 400 Palestinians Read more » Citi executives and Rubin forgo bonuses Dec 31 2008 21:42 Citigroup's top executives, and Robert Rubin, a director and senior adviser, will forgo their 2008 bonuses amid internal and external pressure to atone for the company's huge losses and a $300bn government bail-out Read more » Financial Times - Europe homepage Footsie suffers worst year Dec 31 2008 13:05 London's leading stocks endured their worst annual falls in at least 24 years, while in Europe and Asia, some markets ended the year by notching up their worst performances since records began Read more » Russia-Ukraine gas talks end in failure Jan 01 2009 00:03 Russia looked set to cut gas supplies to Ukraine after talks over a deal broke down on Wednesday. The company now looks likely to reduce supplies on January 1 as promised Read more » Israeli planes hit government buildings in Gaza Jan 01 2009 04:36 Israeli warplanes attacked government buildings in the Gaza Strip early on New Year's Day after Israel and its Islamist Hamas foe both spurned ceasefire calls in a conflict that has killed about 400 Palestinians Read more » Financial Times - Asia homepage US stocks suffer worst year since Great Depression Dec 31 2008 22:08 The worst annual performance for US stocks since the Great Depression ended with a modest rally on the final day of trading as the Federal Reserve pushed ahead with its plan to buy mortgage-backed securities Read more » Israeli planes hit government buildings in Gaza Jan 01 2009 04:36 Israeli warplanes attacked government buildings in the Gaza Strip early on New Year's Day after Israel and its Islamist Hamas foe both spurned ceasefire calls in a conflict that has killed about 400 Palestinians Read more » Citi executives and Rubin forgo bonuses Dec 31 2008 21:42 Citigroup's top executives, and Robert Rubin, a director and senior adviser, will forgo their 2008 bonuses amid internal and external pressure to atone for the company's huge losses and a $300bn government bail-out Read more » FT.com - World Israel rejects calls to halt attacks on Gaza Dec 31 2008 14:56 Israel has rejected international calls for a halt to its attacks on the Hamas-controlled Gaza Strip, saying that a European Union proposal for a 48-hour truce offered no guarantee that the Islamist group would in turn end its rocket attacks on Israel Read more » Russia-Ukraine gas talks end in failure Jan 01 2009 00:03 Russia looked set to cut gas supplies to Ukraine after talks over a deal broke down on Wednesday. The company now looks likely to reduce supplies on January 1 as promised Read more » Paulson rues shortage of firepower as battle raged Dec 31 2008 10:48 Three times in the past six months, Hank Paulson says, he feared that the world financial system was in danger of complete meltdown Read more » China dairy boss tried over milk scandal Dec 31 2008 10:32 The chairwoman of the Chinese company at the heart of a tainted milk scandal that has killed at least six children and made thousands ill went on trial facing a maximum penalty of death Read more » Bangladesh election winner offers to share power Dec 31 2008 10:20 Sheikh Hasina Wajed, the winner of this week's election in Bangladesh, offered the promise of power-sharing to her defeated rival in a bid to persuade her to accept the results of the poll Read more » FT.com - Companies Two executives depart in Dell restructuring Dec 31 2008 18:56 Two of the top executives brought in last year by Michael Dell to try to breathe new life into the PC maker he founded are to leave as part of a broader global reorganisation, the company said Read more » Citi executives and Rubin forgo bonuses Dec 31 2008 21:42 Citigroup's top executives, and Robert Rubin, a director and senior adviser, will forgo their 2008 bonuses amid internal and external pressure to atone for the company's huge losses and a $300bn government bail-out Read more » Viacom threatens Time Warner Cable blackout Dec 31 2008 21:14 Popular cable television channels such as MTV and Comedy Central could go dark in millions of homes across the US after licensing fee talks between Viacom and Time Warner Cable faltered and Viacom threatened a programming blackout Read more » GMAC fails to hit debt swap target Dec 31 2008 21:14 GMAC, the financial services affiliate of General Motors that is receiving up to $6bn in federal aid, will cut its debt through a much-publicised debt swap, although participation in the exchange fell short of the company's target Read more » UBS sells stake in Bank of China Dec 31 2008 13:34 UBS has made a profit of about $350m from selling its stake in Bank of China, as Switzerland's biggest bank continues to repair the damage done to its balance sheet by the credit crisis Read more » FT.com - Financial Markets News US stocks suffer worst year since Great Depression Dec 31 2008 22:08 The worst annual performance for US stocks since the Great Depression ended with a modest rally on the final day of trading as the Federal Reserve pushed ahead with its plan to buy mortgage-backed securities Read more » Footsie suffers worst year Dec 31 2008 13:05 London's leading stocks endured their worst annual falls in at least 24 years, while in Europe and Asia, some markets ended the year by notching up their worst performances since records began Read more » Commodity markets in worst annual fall Dec 31 2008 16:19 Oil and gold fell in the final trading hours of 2008 as investors reflected on the worst year for commodity markets since modern records began Read more » Volatile 2008 for foreign exchange Dec 31 2008 12:42 The pound steadied on Wednesday, pulling back from a record low against the euro and a six-and-a-half year trough against the dollar amid thin trading as a dramatic year on the currency markets drew to an end Read more » Europe caps a dismal year Dec 31 2008 13:06 Stocks in Europe had their worst annual falls in more than 20 years in 2008, while in Asia some markets ended the year on Tuesday by notching up their worst performance since records began Read more » | |
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