A Cadillac is mirrored in Saab signage at a dealership in Pasadena California. Swedish luxury carmaker Koenigsegg said Tuesday it was giving up its bid to acquire Saab Automobile from its US parent company General Motors, saying costly delays made the deal too uncertain.

Swedish firm gives up bid for Saab

AFP - Wednesday, November 25

STOCKHOLM (AFP) - - Swedish luxury carmaker Koenigsegg said Tuesday it was giving up its bid to buy Saab Automobile from its US parent General Motors due to costly delays, plunging Saab's future into doubt. Full Story »

Fed lifts 2010 growth outlook, sees unemployment easing

AFP - Wednesday, November 25
The US Federal Reserve building in Washington, DC. The Federal Reserve on Tuesday raised its outlook for US economic growth in 2010 to a range of 2.5 to 3.5 percent, and said unemployment appeared to be near a peak.

WASHINGTON (AFP) - - The Federal Reserve on Tuesday raised its outlook for US economic growth in 2010 to a range of 2.5 to 3.5 percent, and said the troubles in unemployment appeared to be near a peak.

Ireland hit by public sector strike against cuts

AFP - Wednesday, November 25
Firemen hold placards in Dublin, Ireland, as up to 250,000 public sector workers take part in a national strike. Recession-hit Ireland was severely disrupted by a one-day strike Tuesday as about 250,000 public sector workers protested at planned austerity cuts in next month's budget.

DUBLIN (AFP) - - Recession-hit Ireland was severely disrupted by a one-day strike Tuesday as about 250,000 public sector workers protested at planned austerity cuts in next month's budget.

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