New Zealand Business and Economy Directory

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World Headline, Health Business and Technology Update from BBC News

US job losses reach 34-year high
US employers axed 533,000 jobs in November, the biggest monthly cut since 1974, Labor Department figures show.
Banks face pressure on rate cut
Banks move after pressure from MPs to cut interest rates for mortgage customers, but savers may suffer.
Woolworths cuts 450 support jobs
Retailer Woolworths cuts 450 jobs on the day it begins what an analyst describes as a "closing down sale".
Full coverage of the UK economy, and tips on surviving the crisis
Tips on surviving the financial crisis, and full coverage of the UK economy
Icesave customers urged to claim
About 24,000 people have yet to reclaim their savings which were trapped in the collapsed Icesave internet bank.