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 articlePhotograph: GettyThe 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/EPAOil 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 articlePhotograph: Andrew Milligan/PA
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 articlePhotograph: Cate Gillon/GettyWarren 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 articlePhotograph: Seth Wenig/APThe 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 articlePhotograph: Ethan Miller/GettyStan 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: PRDomino'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 articlePhotograph: GettyJanuary 2: Stock markets start the year at six-year highs, with £40bn worth of deals awaiting completion. Read the articlePhotograph: Scott Olson/AFPFord 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 articlePhotograph: Andrew Parsons/PADIY 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 articlePhotograph: Martin Argles/GuardianBT 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 articlePhotograph: Ian Waldie/Getty
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