Earnings and recession batter world stocks (Reuters)

Investors are reflected in an electronic board showing stock information at a brokerage house in Shenyang, Liaoning province, October 28, 2008. (Stringer/Reuters)Reuters – The spread of economic gloom to company performance pulled equities sharply lower on Friday, driving European equities below last year’s lows, while Britain’s formal arrival in recession hit the pound again.

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