India-EU Tug of War Continues
In a recent report, it has been revealed that the pharmacy ties that have been developing in the recent times in different parts of the world might be under a slight shadow. There have been fresh pressures cast on the European Union, after they are being forced to not to go ahead with the enforcement norm they proposed in the Free Trade Agreement with India.
Greece Grapples With Financial Crisis
It has been reported that, the government bonds experienced a jump today while the Euro and Stocks stumbled. The stock market of Europe has been tumbling because of the Greek debt crisis which has not yet been solved.
US Government Inks Deal With Mortgage Lenders
On Thursday, a deal of $25 billion has been approved by the government of America. The deal has been signed between the mortgage lenders. The deal was approved with the pursuit of providing relief to victims of foreclosure abuses.
Rise in Employment Rates
It has been recently revealed in a report that the hiring rates have seemingly become higher since the month of January, and that the jobless rate has seen a fall of 8.3%. This is good news since many years, because the rates of unemployment were at a whopping high lately.
Sony Ericson Runs In Loss
It has been recently revealed that Sony Ericson has suffered a huge loss of $318m in the 4th quarter earnings. They have revealed that this was as a result of cut-throat competition currently prevailing in the market together with a very unfavorable economic structure of the nation.
Economic Uncertainty Taking Toll Over Employees’ Health
There is no doubt that the economic downturn has affected one and all in some or the other way and this is what is being felt even by the workforce. There are nearly 30% employees who overlook their body's call to grill themselves in office. This is revealed in a study involving 1,600 people aged between 16 and 24.
Inflation under Control in US
Flat consumer prices in US, during the month of November, are an evidence of inflation cooling down. It has been informed that with a drop in the energy costs, the prices of food, clothes and medical services have stabilized.
Panel Reveals New Facts about Japan's Olympus Corp’s Scandal
Legal action has been asked over Japan's Olympus Corp’s scandal in which executives were alleged of covering investment losses up to $1.7 billion. The scandalous activity of the executives forced Michael Woodford to resign from the post of President from the organization.
Slowdown Makes EC to Lose Confidence in Euro-Region Economy
The European Union’s statistics office revealed that growth in exports helped euro-region economy to reach at stable position. Growth in exports covered up the slouch that came in construction business.
U.S. Postal Service to Slow Down
The U. S. Postal Service has made it clear that if they witnessed any further bankruptcy, then they have full plans to close as much as 250 postal centers across the country. They are already facing $3 billion debt and further more is not in their plan list.
German Unemployment Rate Falls
While the European countries are battling a tough time, it has been told that unemployment rate in Germany has gone down in November as compared to what was being predicted by experts. This means that employment sector can certainly take a breather as of now.
UK Government Criticizes Public Sector Strike
While if the economic woes of the UK were not enough, here is another shocker as Teachers, hospital staff and border guards have gone in strike today. There is rising disagreement over reforms, according to which people would have to work more before they can retire and further, would have to shell out extra for their pension.
Where are Metro Home Prices Going?
The new figures are once again suggesting fall in US home prices in major cities.
Though the sector made small gains over the summer and spring, a crucial time is again here for the sector. Worst came when the reports highlighted that the troubled housing market is very weak and chances to recover in anytime soon are not much.
Stocks, US Futures Back Off on Bank Cuts
Decrease in Standard & Poor’s credit ratings for lenders from Bank of America Corp. to Goldman Sachs Group Inc. Copper and oil has made global equities fall (for the first time in three days). Also, the action resulted US stock futures to slide down.
Another Recession to Hit Britain in 2012
The Organization for Economic Development and Cooperation has warned Britain Government that there is likelihood that their economy could witness recession next year.
Alexander Asks Unions to Agree With Offered Public Sector Pension Plan
If the offered deal is not accepted by unions in regard to public sector pensions, then 5,500 non-urgent operations cancellation, airport extended delays and shut down of complete Northern Ireland’s public transport system is confirmed.
Andor Set to Create Jobs
It has been revealed recently that Andor Technology, a camera-making firm has announced that they are going to create 166 new job opportunities for the people of the vicinity. It is a company from west Belfast and its putting in an investment of £18m for the same.
The Saga of Euro Zone Debt Crisis
It has been revealed in a recent report that the borrowing costs in Italy have climbed up to their highest since the time Rome joined in the league with Euro. The new Government of Mario Monti is feeling much pressure of need for quick action. The euro zone crisis is simply moving around in circles with no getting away since a long time now.
Fluctuations in Gold Prices, Current Purchases Riding High
It has been revealed recently that the total purchases made by the central bank in terms of gold, as far as the third quarter is concerned, was double of what had been incurred in the last quarter. It was further added this was seven times higher than what had been incurred at the same time last year.
Crude Oil Moves Up and Down, Shadow of Eurozone Crisis
It has been revealed in a recent report that the U. S oil price has extended the rally of 3.2%. Crude oil standing for Asia comes with mixed views for now. This has come after the report that came about the reversal of the Seaway Pipeline. This was inspite of the crisis in the Eurozone having kept a few major buyers at bay.
Latest News
|
|
|
|
|
|
|
|
|
|
|
|