BRITAIN`S ailing Northern Rock bank will cut more than 2000 jobs, or about a third of its workforce, by the year 2011, the lender said today, one month after it was taken into public ownership
COMMONWEALTH Bank of Australia chief executive Ralph Norris has warned interest rates are likely to remain high this year and that the major banks may have to continue to pass on higher fund costs to their customers
Avalanche ... eight climbers missing on Mont Blanc had still not been found today and rescuers said there was no hope of finding any of them alive / AFP
