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  • Car industry gets the jitters over crunch - Belfast Telegraph
    Fears that thousands of workers will lose their jobs in the British car industry intensified yesterday, after finance companies refused to insure firms supplying two of the world's largest car-makers, Ford and General Motors. The decision will force ...
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  • (AFX UK Focus) 2008-11-13 16:02 Nortel bankruptcy a "distinct possibility" -analyst (Interactive Investor)
    TORONTO, Nov 13 (Reuters) - Nortel Networks Corp will have to rely on asset sales to fund its battered operations and risks running out of money and collapsing under its debt load before 2011, an analyst warned on Thursday. "Considering the worsening macro environment, Nortel's challenged industry position, and concerns related to liquidity while the capital markets are basically closed, we ...
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