BBC News

Profit Warnings Multiply for US Firms Profit Warnings Multiply for US Firms- Over 30 US companies have issued profits warnings in the wake of the massive attacks on the World Trade Center and Pentagon. Airlines Call for State Aid Airlines Call for State Aid- British Airways and Virgin Atlantic lead calls for fair treatment from government, as the US rushed to the aid of its crisis-hit airline industry. Air Passengers Face Tighter Security Air Passengers Face Tighter Security- European air travellers will have to get used to much higher security levels following last week's terror attacks on the US, reports the BBC. Afghan Economy Fights for Survival Afghan Economy Fights for Survival- The Afghan economy exists at a subsistence level as its people cling to trade and agriculture to survive the ravages of war, reports the BBC. Economic Fallout Economic Fallout- The attacks on the World Trade Center and the Pentagon have reverberated throughout the economic, as well as the political and diplomatic fields. Japan Joins Economic Support Drive Japan Joins Economic Support Drive- Japan eases monetary policy, joining a global drive to see-off recession and calm markets following last week's terrorist attacks. US Promises Airline Bail-out US Promises Airline Bail-out- The Bush administration comes to the aid of America's stricken airlines, as carriers around the world make swinging cutbacks, reports the BBC. UK Rates Cut to 1960s Levels UK Rates Cut to 1960s Levels- The Bank of England cuts interest rates to their lowest level since 1964, despite a sharp and unexpected rise in inflation. Wall Street Stabilises Wall Street Stabilises- US stocks closed down slightly as the world's markets slowly regained stability amid new central bank efforts to support the economy. Stock Markets Brace for Testing Day Stock Markets Brace for Testing Day- Markets faced another challenging day after Wall Street plunged on its first day back after the terrorist attacks on the US. More Pain for US Airlines More Pain for US Airlines- America's airlines slashed staff and schedules as shares plummeted, prompting the US government to mull a financial rescue package. Q&A: The Wall Street Plunge Q&A: The Wall Street Plunge- The New York stock market has suffered one of its worst days' trading in history. BBC News Online asks whether the plunge is cause for concern. World Bank and IMF Cancel Talks World Bank and IMF Cancel Talks- Two of the world's most important financial bodies cancelled their annual meetings in the wake of the terror attacks on America. Solemn Traders Return to Wall Street Solemn Traders Return to Wall Street- Six days after the terrorist attacks on New York and Washington, Wall Street returned to work, shaken, but solemn and determined. Oil Reverses Post-attack Surge Oil Reverses Post-attack Surge- Fears of a hike in oil prices seem to have been exaggerated, as demand falls and the US government reportedly lobbies for increased output. Virgin Atlantic Cuts 1,200 Jobs Virgin Atlantic Cuts 1,200 Jobs- Virgin Atlantic is to cut 1,200 jobs in response to the aftermath of last week's terrorist attacks on America. What Now for Tourism? What Now for Tourism?- The terrorist attacks on the US will transform worldwide travel and our behaviour as tourists, experts say. Airline Reservations Slump Airline Reservations Slump- Demand for airline seats crumbled, just as carriers resumed normal services to the US after the terrorist attacks. US and ECB Cut Rates to Stem Panic US and ECB Cut Rates to Stem Panic- The European Central Bank and the US Fed cut interest rates by 0.5%, as central banks around the world moved to prevent financial panic. Turkey Rattled by Conflict Fears Turkey Rattled by Conflict Fears- Turkey's markets plummet as investor flee over fears it may be pulled into a prolonged conflict making it a target for terrorist reprisals. Financial Pain Spirals to New Sectors Financial Pain Spirals to New Sectors- The after-effects of the devastating terrorist attacks are expected to force firms from a host of sectors to warn on their profits, reports … Travelling: Concerned, Need Advice? Travelling: Concerned, Need Advice?- Practical advice, contact numbers, and details of new security arrangements following the attacks on America. New York Gets Back to Business New York Gets Back to Business- The New York Stock Exchange is reopening six days after the World Trade Center attack, amid fears of a world recession. Shares Plunge as Wall Street Re-opens Shares Plunge as Wall Street Re-opens- The Dow Jones index loses 7% of its value as Wall Street resumes trading, despite concerted intervention by international central banks. US Motor Industry Suffers Shortages US Motor Industry Suffers Shortages- Ford will shut three plants on Monday as the US auto industry faces a parts shortage following Tuesday's attacks, reports the BBC. Economy in the Balance Economy in the Balance- The US stock markets' reopening, and plans for military action, could determine if the global economy falls into recession, reports the BBC. UK Airlines 'Need Government Aid' UK Airlines 'Need Government Aid'- The UK's airline industry wants government money to safeguard jobs made vulnerable after the US terror attacks. Developing States Face Credit Fears Developing States Face Credit Fears- Developing nations may face difficulty borrowing in international markets as investors shun risk in the aftermath of the attack, warns Standar… Cantor Grieves for Lost Staff Cantor Grieves for Lost Staff- Cantor Fitzgerald is one of hundreds of firms that is mourning the loss of friends, colleagues and staff after the attacks on the World Trade Center. Oil Prices Soar on Supply Fears Oil Prices Soar on Supply Fears- Crude oil prices jumped over 5% as fears over the security of supply returned to haunt the market.