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US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.
Former UK chancellor Ken Clarke says Europe's banking system is "in tatters" and warns the UK is "heavily exposed" to potential problems.
Facebook shares see modest debut
Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%.
Article written by Robert Peston
Robert Peston
Business editor
00:00 UK time, Friday, 18 May 2012
The government is set to lose £2bn on the privatisation of part of Northern Rock and the winding down of the rest, even though taxpayers are expected get back all the £37bn of cash we put into the bank and a lot more. Confused? Here is why the National Audit Office is forecasting a loss.
Article written by Stephanie Flanders
Stephanie Flanders
Economics editor
02:08 UK time, Thursday, 17 May 2012
Talk of a run on Greek deposits, and some banks being cut off from European Central Bank support, add a fresh twist to scary talk about Greece and the euro.
US April retail sales in slowdown
US retail sales barely grew in April, rising 0.1% compared with a gain of 0.7% the month before, while consumer prices stayed unchanged.
Moody's downgrades Spanish banks
Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.
Africa 'must boost food output'
The United Nations Development Programme says Africa needs to boost agricultural productivity if it is to sustain its economic boom.
China Mobile in talks with Apple
China Mobile, the main mobile service provider in China and the largest in the world by users, could soon offer its customers Apple's iPhone.
Ticketus deal 'being terminated'
Charles Green says administrators at Rangers have told Ticketus they are terminating its contract over future ticket sales.
Asian trading heads for online
Financial trading is the latest aspect of life to get the social media treatment, reports the BBC's Katie Hunt in Hong Kong.
Brazil's business labyrinth of bureaucracy
Anyone wanting to set up a new business in the country of the moment should be warned that one of the world's worst red tape mountains faces them.
£9k fees 'to push debt up £100bn'
A study suggests public sector debt will be pushed up by £100bn over next two decades by higher university fees.
Bankruptcy fears in Greek town 02:57
Push for Arabic internet content03:58
Eurozone in spotlight at G8 talks01:43
Facebook shares see modest debut 02:06
Spanish minister accosted over banks02:38
Greeks 'flock to Dubai' for work03:30
Britain toys with spaceport idea01:16
Media under attack in 'new' Tunisia03:57
Collateral damage
What happens if Greece quits the euro?
Facebook: How the others did
How did other internet companies fare after flotation?
‘Not just the bottom line'
The US firms putting social values before chasing the highest profits
Factories and farms
Political change in Calcutta isn't working for eithers
Smaller engines drive petrol revival
Spain, feeling fragile, looks to Germany for help
Egypt's economic crisis sets major task for country's next leader
Last Updated at 18:21 ET
| Market index | Current value | Trend | Variation | % variation |
|---|---|---|---|---|
| Dow Jones | 12369.38 | Down | -73.11 | -0.59% |
| Nasdaq | 2778.79 | Down | -34.90 | -1.24% |
| S&P 500 | 1295.22 | Down | -9.64 | -0.74% |
| FTSE 100 | 5267.62 | Down | -70.76 | -1.33% |
| Dax | 6271.22 | Down | -37.74 | -0.60% |
| BBC Global 30 | 5713.56 | Down | -48.54 | -0.84% |
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