BREAKING NEWS

2009-03-12

Business

Thursday 12th March

European stocks finished the day up for the third straight session having reversed earlier declines after Wall Street turned around. However

Business

Saab cuts jobs

Saab has announced 750 job cuts as it tries to stay afloat: 650 production line workers are to be laid off along with 100 office employees. It

Business

VW says 2009 will be tough

Volkswagen says 2009 will be one of its toughest years ever. Europe’s largest carmaker is anticipating lower sales, revenue and earnings but is

World

Bank secrecy laws start to ease

As the financial crisis prompts hard-up western governments to more aggressively seek out tax evaders, Liechtenstein has agreed to ease its strict

World

Space station collision alert

There has been an alert on board the International Space Station. The three astronauts on board were forced to evacuate to a Russian escape module