economic slowdown

Construction spending dropped by 1.2 percent in October, led by another big drop in home construction. Separately, a measure of manufacturing activity fell to a 26-year low in November.

The European Commission says it wants EU governments to jointly combat the mounting economic slowdown with measures costing about 200 billion euros (US$256.22 billion).

The European Commission urged the 27 EU governments Friday to boost public spending and provide tax breaks to help industry overcome the accelerating economic slowdown that has already pushed several countries into a recession.

Shares in DSG International PLC soared 40 percent Friday from a 20-year low after Credit Suisse raised its rating of the stock to "outperform" on the basis that market concern over the economic slowdown had left the stock overly cheap.

Dell’s third quarter results showed just how challenging a restructuring can be in the middle of a severe economic slowdown.

British manufacturers' expectations about output are the weakest for nearly 30 years because of falling demand resulting from the economic slowdown, Britain's largest employers' group said Wednesday.

Spanish airline Iberia said Wednesday its 3rd-quarter profits plummeted 80 percent to 30.4 million euros ($38.8 million) compared to the same period of 2007, as international economic slowdown sapped demand.

Spanish airline Iberia said Wednesday its 3rd-quarter profits plummeted 80 percent to 30.4 million euros ($38.8 million) compared to the same period of 2007, as international economic slowdown sapped demand.

Britain's unemployment rate rose to 5.8 percent — or 1.82 million unemployed — in the three months to September, as the economic slowdown hit the job market, official figures showed Wednesday.

Vodafone Group PLC, the world's biggest mobile phone company by sales, posted Tuesday a 35 percent fall in net profit for the first half of the financial year as consumers braced for an economic slowdown by spending less.

This pushed the company to cut its full-year sales forecast.