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Mexico takes urgent economy steps
[7 mins]
Mexico unveils emergency measures to protect its economy from the global downturn and US recession.
Profit warnings, job losses herald lasting slowdown (Reuters)
[45 mins][Kansas]
A share trader reacts while checking share prices in front of the German share price index DAX board at the German stock exchange in Frankfurt, December 18, 2008. (Kai Pfaffenbach/Reuters)Reuters - A fresh wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could be the worst in almost 60 years.

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