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January 21, 2009 Wednesday
Updated

LONDON - BRITAIN'S economy is weakening fast, official data showed on Wednesday, with more figures due this week expected to confirm the country has sunk into recession for the first time since 1991.

 
Wall Street moves higher

NEW YORK - WALL Street rebounded in early trading on Wednesday after investors found some reassurance from IBM's better-than-expected forecast for 2009.

Toyota top global automaker

CHICAGO - GENERAL Motors fell behind Toyota as the world's largest automaker, selling 8.35 million vehicles globally last year compared to the Japanese giant's 8.97 million, sales figures showed on Wednesday.

College starts Islamic finance degree

STRASBOURG (France) - A FRENCH business school launched a degree in Islamic finance on Wednesday, as more European Muslims seek careers in a fast-growing sector run under the precepts of Sharia law.

   
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