LONDON British manufacturers experienced in November one of their worst months since the mid 1980s as export markets dried up, firms went bust and domestic demand was reined in, official figures showed Friday.
Business
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The top business news from The Associated Press for the morning of Friday, Jan. 9, 2009:
PARIS European Central Bank governor Jean-Claude Trichet said Friday that the global financial system remains fragile despite swift and large-scale action by central banks and governments.
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Business reporter Nick Malawskey reports on the rise of gas prices here in his Bits of business blog and wonders how long they'll stay increased.
What are you paying for a gallon? - Homeowners stuck in contracts at higher price
STATE COLLEGE — Each year, home heating oil suppliers offer customers a chance to lock in prices over the summer. In most years, doing so pays off — those who opt into the early contracts generally save money when the price of home oil increases during the winter.
If you’re tired of all the reality shows clogging the airwaves these days and yearn for the classic television hits of the ’60s, ’70s and ’80s, then WJAC-TV has just the trick.
First, a hearty congratulations to the owners of the Mount Nittany Inn. After many years of hard work, the restaurant high atop Centre Hall Mountain has finally reopened. I had a chance last weekend to have lunch at the inn and the view of the valley is not to be missed.
PARIS European Central Bank governor Jean-Claude Trichet said Friday that the global financial system remains fragile despite swift and large-scale action by central banks and governments.
BERLIN The 16-nation euro fell slightly Friday in early trading against the U.S. dollar as traders looked ahead to unemployment data from Washington later in the day.
NEW DELHI A three-day-old strike by about 55,000 white collar workers at state-run oil companies has caused a severe fuel shortage in India, leaving nearly 60 percent of gas pumps dry and delaying flights, officials and news reports said Friday.
SHANGHAI, China Chinese shares rebounded Friday as investors hunted bargains and power companies rose after a government capital injection into one electricity supplier.
FRESNO, Calif. Is it trespassing when bees do what bees do in California's tangerine groves?
SINGAPORE Oil prices rose to above $42 a barrel Friday in Asia as traders speculated that a second front is opening in Israel's Gaza offensive, but analysts said gains would likely be limited by continuing weakness in demand for crude.
PARIS France's Renault SA said Friday that vehicle sales fell 28.5 percent in December as the global economic crisis led to a "brutal" collapse of the market.
TOKYO The grandson of Toyota Motor Corp.'s founder will take the helm of Japan's top automaker in June, newspapers said Friday.
TOKYO Japanese shares edged down Friday in lackluster trade as investors turned cautious ahead of U.S. jobs data that's likely to point to a deepening recession in the world's largest economy.
GUANGZHOU, China China has updated an ambitious blueprint to aggressively revamp the country's key manufacturing region - a plan that has already helped cause many low-end factories to move or shut down.


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