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Example Headline of Genre for Date
Panasonic shares tumble to 5-year low on outlook cut
Reuters - Shares of Panasonic Corp (6752.T) fell 11 percent on Friday to their lowest level in over five years after it became the latest Japanese electronics maker to slash its profit forecast due to the economic slump.
EU: Euro-zone jobless rate hits two-year high
AP - The EU says unemployment in the 15 nations that share the euro shot up to 7.7 percent in October — the highest level in two years — as growth dropped sharply.
Singapore central bank warns of worsening economy
AP - Singapore's central bank warned the city-state's economy, which slid into recession in the third quarter, will continue to weaken, hurting corporate profits and sparking job cuts.
India's economic growth slows to 7.6 percent
AP - India's economy grew at its slowest pace in four years in the third quarter as the global slump took a toll on exports and foreign investment.
Japanese factory output slides, outlook even worse
AP - Production at Japan's vital manufacturers is sinking fast — and is projected to turn in its worst quarter ever — amid a plunge in global demand that is battering the core of the world's second-largest economy.
France to unveil economic stimulus package Dec. 4
AP - French President Nicolas Sarkozy said Friday he plans to unveil a euro19 billion ($24.5 billion) stimulus package next week which will help the country's struggling car industry and support the economy through government spending on infrastructure.
US retailers slash prices -- and pray
AFP - US shoppers snapped up bargain basement deals on so-called Black Friday as desperate retailers attempted to claw their way out of a deepening slump.
Mexico central bank holds interest rates steady
AP - Mexico's central bank is keeping interest rates steady at 8.25 percent.
Fed's emergency loan program increases activity
AP - The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.
Peru economy grows 9.5 pct in 3Q, region's fastest
AP - Peru's economy grew 9.5 percent in the third quarter, the fastest pace in Latin America.
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