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  • The decision by the Bank of England to go for a base rate cut of 150 basis points provided only a short term fillip for a London market more concerned at mostly downbeat corporate newsflow.
    uk.biz.yahoo.com
  • The Canadian units of the Detroit Three auto makers have stepped up their campaign to win government financial help, warning Ottawa and Ontario that the industry “is struggling for survival.” Chrysler Canada Inc., Ford Motor Co. of Canada Ltd ...
    www.theglobeandmail.com
  • Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt.
    cbs3.com
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