Economy

India-EU Tug of War Continues

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

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

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

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

Sony-Ericson

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

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

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

Olympus-Corp

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

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

U.S. Postal Service

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.

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