TFN economic and business calendar to Friday Nov 2

OUTLOOK Reuters Q3 sales buoyed by FX volumes, 'core plus' programme

Metals - Copper gives back earlier gains as US equities fall

End-of-day Market Roundup

UK small caps close lower in late sell-off; William Ransom falls on H1 warning

Friday's market reports:

Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money

The Dow Jones plunged almost 370 points in a perfect storm of surging oil costs, a sliding dollar, and fresh fears of paralysis in the credit markets.

Wall St caught in a perfect storm

Americas housing slump caused a $1.3 billion (639 million) writedown at Wachovia, the fourth-largest bank in the US, triggering its first profit decline in six years.

US bank slump goes on as Wachovia reveals $1.3bn writedown

Barclays and Royal Bank of Scotland have lined up emergency funds of up to $30bn (15bn) from the US Federal Reserve to bail out American clients caught up in the global credit crunch.

Barclays and RBS line up Fed for 15bn

BRADFORD & BINGLEY has become one of the most unpopular companies on the stock market, with traders staking nearly 240m on the chance that its share price will fall. Alliance & Leicester is also unpopular, with 14%, or 437m, of its 3.12 billion market value on loan. Both banks now have more of their stock on loan than Northern Rock.

Traders bet against B&B

Investors are bracing themselves for a sharp fall in share prices in London tomorrow amid rising concerns of a repeat of Black Monday after Friday afternoon's falls in the US.

City braced for repeat of Black Monday

Finance ministers from the G7 nations issued a blunt warning this weekend that rising energy costs and the American housing crisis will put the brakes on the global economy over the next 12 months, as oil prices surged towards $100 a barrel.

Policymakers are becoming increasingly alarmed about Opec's refusal to act. Julian Lee of the Centre for Global Energy Studies in London, said it was playing 'an extremely dangerous game'.

Fear of global slowdown as oil price soars