US jobless data worse than feared

US loses 62,000 jobs during June
US firms cut jobs for a sixth month in June, stoking fears the world's largest economy is heading for a recession.

Report warns of UK recession risk
There is a one in three chance of the UK going into a recession over the next two years, a report says.

Drop in US durable goods orders
US durable goods orders fell 1.7% in February, the latest sign that the economy faces the risk of recession.

Job fears as brewery set to close
The UK's largest brewer announces it is closing its operation in Berkshire putting 362 jobs there at risk.

Singapore officially in recession
Singapore downgrades its economic growth figure, which confirms it was Asia's first country in recession in the current financial crisis.