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The Guardian - UK
The Guardian - UK
Business

Week in pictures: November 2

Credit Suisse
Credit Suisse attempted to reassure investors that the worst of the credit crisis was now over, despite a 31% drop in net third-quarter income and a write down of £910m. Read the article Photograph: Getty
Federal Reserve
The US Federal Reserve, led by its chairman, Ben Bernanke, brought markets back from the brink by cutting US interest rates by 0.75 points to 2.25%. (Read the article) Photograph: Stefan Zaklin/EPA
Price of oil
Oil hit a new high of more than $96 a barrel on Thursday, driven by renewed fears of fuel shortages this winter and the impact of rising demand from China and India. Read the article Photograph: Andrew Milligan/PA
Crocs
Crocs, the clumpy footwear brand that has been popular on the stock market since joining the Nasdaq last February, was looking distinctly out of favour after losing almost one-third of its value on Wall Street. Read the article Photograph: Cate Gillon/Getty
Warren Buffett
Warren Buffett, the world's richest person, went on a four-day, four-city corporate shopping spree in Frankfurt, with family-owned European firms in his sights. Read the article Photograph: Seth Wenig/AP
Google
The world's favourite internet search engine, Google (co-founded by Larry Page, above) has joined the corporate super-league with a market value of $219bn, which ranks it among America's top five companies. Read the article Photograph: Ethan Miller/Getty
Stan O'Neal
Stan O’Neal, Merrill Lynch
Total remuneration: £196.7m (since 1999 or during length of service)
Bank market capitalisation (August 2007): £30.9bn
Now: Merrill Lynch bought by Bank of America
Credit crunch hits (since August 2007): £60.5bn
Photograph: PR
Mozzarella
Domino's Pizza Group, which bakes some 30m pizzas a year, said it was facing a £450,000 hit, mainly as a result of the mounting price of mozzarella cheese. Read the article Photograph: Getty
Markets
January 2: Stock markets start the year at six-year highs, with £40bn worth of deals awaiting completion. Read the article Photograph: Scott Olson/AFP
Jaguar
Ford is expected to draw up a shortlist of preferred bidders for Jaguar and Land Rover next month, with half a dozen companies still in the race to buy two of Britain's most prestigious car marques. Read the article Photograph: Andrew Parsons/PA
Kingfisher
DIY group Kingfisher, which owns the UK's B&Q chain, is to part company with Gerry Murphy, its chief executive of five years, as the home improvement business continues to struggle. Read the article Photograph: Martin Argles/Guardian
Biometrics
BT is believed to have lost out in the race for the government's £500m contract to connect airports and ports to a central IT infrastructure as part of the Home Office's "e-borders" scheme. Read the article Photograph: Ian Waldie/Getty
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