Latest Business 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.
Fullers upbeat amid downturn
Fuller, Smith & Turner says it is confident it will "cope well" even though the UK economic outlook did "not look good".
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.
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.
Singapore officially in recession
Singapore downgrades its economic growth figure, which confirms it was Asia's first country in recession in the current financial crisis.