Uncertainty sends Citigroup lower
Shares in Citigroup, one of the biggest banks in the US, fell sharply on Friday amid ongoing uncertainty over the company's future.
No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
EU warns against car subsidy race
EU Competition Commissioner Neelie Kroes tells France and Germany not to start a "subsidy race" to save the car industry
Russian oil giant circles Repsol
Spanish savings bank La Caixa may sell its 14% stake in Spanish-Argentine energy firm Repsol to Russia's Lukoil.
Eurozone business activity falls
Business activity in the 15 countries sharing the euro falls in November to a ten-year low, the purchasing managers' index (PMI) shows.