Greene King the UK pub owner that owns Loch Fyne seafood restaurants said firsthalf profit fell 72pc as Britain's slumping economy forced the company to ... more

Tesco Britain's biggest supermarket company reported its weakest UK sales growth in about 15 years.

Asian stocks fell sharply dragged down by heavy losses on Wall Street where fears mounted of a deep US recession.

Japan's car industry is in crisis as sales fall to lowest levels in 39 years.

Two thousand more job losses have been announced as a string of household names bowed to the pressure of the worsening economic crisis.

California could become the first state in the American union to go broke after Governor Arnold Schwarzenegger warned it is heading for a "fiscal disaster" ... more