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AP - Shares in DSG International PLC rose 21 percent Friday from a 20-year low after Credit Suisse raised its rating of the stock to "outperform" on the basis that market concern over the economic slowdown had left the stock too cheap.
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AFP - London shares were in the backfoot again Friday after a dire manufacturing report compounded fears that a deep and prolonged recession is ever more likely.
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Reuters - General Motors Corp said on Friday it plans additional temporary plant shutdowns in the next two months in response to deteriorating market demand.
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AFP - Wal-Mart, the retail sector leader that has weathered the economic crisis better than most of its peers, announced Friday that Mike Duke will take over as chief executive to replace retiring Lee Scott.
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