Anxiety about a severe recession gripped financial markets as dire unemployment figures from the US drove long-term interest rates to record lows
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Demand jitters push crude below $50
published on Thu, 20 Nov 2008 20:42:00 +0000
Drop in oil price leads to broader retreat in raw materials, with the Reuters-Jefferies CRB commodity index falling to a five-year low
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Alwaleed's planned $300m investment fails to lift Citi
published on Thu, 20 Nov 2008 19:04:18 +0000
Citigroup's crisis deepened on Thursday as its shares continued to slump despite a planned investment of about $300m by Prince Alwaleed Bin Talal, its largest individual investor
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L&G supports Barclays issue through gritted teeth
published on Thu, 20 Nov 2008 21:17:17 +0000
Legal & General Investment Management has backed away from its threat to vote against Barclays' move to raise £7bn in fresh capital, much of it from Middle Eastern investors
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RBS bosses apologise to investors
published on Thu, 20 Nov 2008 20:52:12 +0000
A profuse and candid apology to angry investors in Royal Bank of Scotland for its troubles was delivered by its chairman and outgoing chief executive
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