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Example Headline of Genre for Date
Commerzbank to use government bailout money
AP - Commerzbank AG said Monday it will use funds from the German government's bailout package to strengthen its capital base.
Europe's central banks continue liquidity offers
AP - The Bank of England and the Swiss National Bank on Monday continued their daily offers for overnight dollar loans, though demand for the money continued to wane — an indication that short-term bottlenecks in crisis-stricken credit markets are easing further.
Commerzbank 3Q net profits fall, to get bailed out
AP - Commerzbank AG said Monday its third quarter net profit fell 16 percent on losses and writedowns caused by the financial crisis and said it would take advantage of billions of euros in government bailout funds.
EU estimates eurozone has slumped into recession
AFP - The 15 countries using the euro have slumped into a shallow recession in the face of the worst financial crisis in generations, the European Commission estimated on Monday.
EU: Euro economy to barely grow next year
AP - The European Commission forecast Monday that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1 percent as the financial crisis hits hard.
WTO meeting to ease credit shortage for trade
AP - The World Trade Organization has summoned leaders of top banks to find new ways to finance the global exchange of goods and services, which faces a slowdown because of the tight credit constraints caused by the financial crisis.
Spain: government announces mortgage aid
AP - Spain's government has unveiled a plan to help families struggling to make their mortgage payments and reward businesses that hire new workers amid the financial crisis.
Medvedev: US to blame for global financial crisis
AP - Russia's president says the United States is to blame for the global financial crisis — and presents his case in an online preview of his state-of-the-nation speech.
EU: Euro economy likely in recession
AP - The European Commission forecast Monday that the economy in the 15 countries that use the euro may already be in a recession and will barely grow next year, expanding just 0.1 percent as the financial crisis hits hard.
ECB, BoE poised to cut rates Thursday
AP - The European Central Bank and the Bank of England are both expected to cut interest rates Thursday as they face sharply lower growth prospects as a result of the world's financial turmoil.
EU finance ministers debate new financial order
AP - EU finance ministers on Monday opened two days of talks aimed at crafting proposals for a new global financial order as the gloom in world markets hung over the euro-zone economy's outlook.
Bosch puts workers on shorter hours
AP - Auto parts supplier Robert Bosch GmbH said Monday it plans to reduce working hours for some workers at a German plant later this week as the car industry cuts costs and braces for economic recession.
Turkey's consumer, wholesale prices rise
AP - Turkey's consumer prices rose by a more-than-expected 2.60 percent in October, for a year-on-year rate of 11.99 percent, the Turkish Statistics Institute said Monday.
Dollar mostly higher, gold falls afternoon trading
AP - The U.S. dollar was mostly higher against other major currencies in European trading Monday. Gold fell.
Global financial crisis drives EU toward recession
AFP - New data Monday showed the global financial crisis is pushing the whole European Union into recession, as South Korea unveiled a stimulus package and automakers reported a terrifying plunge in US vehicle sales.
Oil prices skid on dire outlook for energy demand
AFP - Oil prices nose-dived Monday as traders digested fresh signs of slowing economies in the European Union and the United States that bode ill for energy demand.
Brent oil falls below 60 dollars in Asian trade
AFP - Brent crude oil dropped below 60 dollars a barrel Tuesday amid concerns over weakening energy demand after data showed US and European economies facing a worsening economic outlook, dealers said.
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