UK unemployment has risen above two million for the first time since 1997
Eurozone industrial output plunged by 3.5% in January compared with the previous month, the biggest decline since records began in 1990
The Kremlin will not bail out Russia’s oligarchs or their foreign creditors, said Igor Shuvalov, the first deputy prime minister, on Friday, putting pressure on both sides to renegotiate the $130bn (€96bn, £90bn) in foreign debt owed by the largest companies.
The number of South Floridians filing for bankruptcy surged 42 percent in February to 1,662 from a year ago.
Shares of Xerox Corp. fell after the company cut its profit forecast nearly 80% on restructuring costs and slowing technology spending.
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