According to Reuters, markets in Asia and Europe ross about 2% Reuters reports that the downturn in the Chinese economy deepened. Reuters reports that BHP Billiton (BHP) was gloomy about its prospects and defended it bid for Rio Tinto (RTP) Reuters reports that Panasonic slashed its earnings forecast. Reuters writes that GM (GM) may fold its Pontiac division as part of a restructuring. Reuters reports that Chrysler may not be viable without loans. The Wall Street Journal reports that the
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