Fri 21 Nov 2008 | 12:14 EST

Today on Reuters (1/5)

A traffic light is seen in front of a Citibank branch in Singapore November 21, 2008.

Citi spirals downward 11:33am ET

Citigroup shares plunged further as it mulled a variety of options including a possible merger or asset sales to restore investor confidence along with its balance sheet.  Full Article 

investing

File photo of a man holding a test tube in Rehovot near Tel Aviv August 5, 2007. REUTERS/Gil Cohen Magen
Is biotech really such a bargain?

Many biotechs, which may look like good buyout targets as the financial crisis has beaten down share prices, have already been examined and rejected, pharmaceutical executives say.  Full Article 

James Saft
Fighting deflation globally ain’t easy

With the U.S., Japan and Britain -- nearly 40 percent of the global economy -- facing the threat of deflation, it's going to be just too easy for one, two or all three of them to get the policy response horribly wrong, writes James Saft.  Commentary 

to
Commodity Last Pct Chg Trade Date/Time
Oil 48.78 +1.44% 21 Nov 2008 12:03 EST
Gold 796.8 +6.04% 21 Nov 2008 12:13 EST

Reuters Business Blogs

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Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

Bernd Debusmann
A million years of nuclear planning

Columnist Bernd Debusmann asks if the EPA is engaging in scientific fantasy by setting impossible hurdles over nuclear waste.  Commentary 

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Consumer Credit

The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look.  Full Coverage 

Mars revealed
11:15am EST 
NASA has detected large glaciers hidden under rocky debris that may be the vestiges of ice sheets.
Paulson on defense

Nov. 20 - Treasury Secretary Paulson defended his response to the financial crisis and said the government had all the necessary tools to prevent a collapse  Play Video

 
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