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U.S. downturn sends world stocks slumping
World stock markets fell sharply on Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth. The Dow Jones continued to fall after the U.S. government disappointed investors with news that the economy shed jobs for an eighth straight month. full story
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As Australia eyes pollution caps, it looks to Europe's emissions trading system for a few lessons
Markets

ASIA EUROPE U.S. updated 1950 GMT
Nikkei 225 12212-345.43 (-2.75%)
Hang Seng 19933-456.20 (-2.24%)
All Ordinaries 4950-101.40 (-2.01%)
all markets »
FTSE 100 5241-121.40 (-2.26%)
CAC 40 4197-107.35 (-2.49%)
DAX 30 6127-152.60 (-2.43%)
all markets »
Dow 11229+41.20 (+0.37%)
Nasdaq 2261+2.39 (+0.11%)
S&P 1243+6.32 (+0.51%)
all markets »
Commodities

ENERGY METALS  
Light Crude (NYM) 106.23 (-1.66)
Natural Gas (NYM) 7.45 (+0.13)
Gold (CMX) 803.50 (+0.30)
Silver (CMX) 1,232.50 (-61.50)
Currencies

    € EURO
¥ YEN
$ U.S.
£ UK
1 152.61 1.4235 0.8072
0.0066 1 0.0093 0.0053
0.7025 107.21 1 0.5671
1.2388 189.05 1.7634 1
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Anchored simultaneously from three locations, CNN's new World Business Today is a technological triumph  full story
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