Germany sees higher jobless total
BBC (UK) - 14 ore fa
Germany saw its unemployment levels rise for the first time in nearly three years in December, according to government figures. . The rise comes as slowing foreign demand for its goods hits the economy. Germany, Europe's largest economy, fell into recession in the second half of 2008, federal ... |
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Decline in U.S. retail sales slowed a bit in December
International Herald Tribune (UK) - 16 ore fa
While that may not sound like good news, retail sales had been dropping in recent months and must stabilize before they can improve, McNamara said. Sales declines continued in some categories. Sales of luxury goods, for example, fell 27.6 percent in December compared with the same month of 2007 ...
German jobless rate rises for first time in 3 years- International Herald Tribune (UK)
M&S reports weak sales and announces job cuts- International Herald Tribune (UK)
BBC (UK) - e altri 13 articoli simili |
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Alcoa says cuts to affect 18 percent of Russia workforce
Reuters (USA) - 16 ore fa
Alcoa, which employs 7,900 people in Russia, said it aimed to align production at its two aluminum fabrication plants with demand and to reduce costs. The measures will be executed throughout 2009. "We will have to make a number of very tough decisions, but such is the requirement of the current ... |
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Blacks Leisure in profits alert
BBC (UK) - 18 ore fa
Check Blacks Leisure shares Blacks Leisure has warned that its profits will be below market expectations after reporting weak Christmas trading. . The outdoor business only fell by 0.5% but the group was dragged down by a 19.2% sales fall in boardwear. Blacks is trying to reduce the amount of ... |
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India IT boss quits over scandal
BBC (UK) - 18 ore fa
The boss of Satyam, India's fourth-biggest software firm, has resigned after revealing financial irregularities in the firm's accounts. . India's benchmark index fell nearly 4% on the news, as Satyam stock shed 60%. In a letter to the board of directors, Mr Raju said that neither he nor the ...
TIMELINE: Satyam chief quits, shares plunge- Reuters (USA) |
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FACTBOX - Alcoa actions to counter economic downturn
Reuters (UK) - 22 ore fa
Following are the actions announced by Alcoa Inc ( AA.N ) on Tuesday to address the economic downturn: * Primary aluminium smelting cuts to reduce output by more than 750,000 tonnes per year, or 18 percent of annualized output. * Alumina production to be cut to a total of 1.5 ... |
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Rates roulette for savers and borrowers
BBC (UK) - 20 ore fa
But others have watched with delight as their mortgage repayments dipped ahead of Christmas. A customer on an average two-year tracker deal on a 150,000 mortgage has to pay an estimated 2,622 a year less following the last three Bank rate falls, according to price comparison website Uswitch. Now ... |
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Gambling on Netbooks in Vegas
BusinessWeek (USA) - 20 ore fa
At this year's Consumer Electronics Show, Intel, Freescale, Lenovo, and others are unveiling a host of souped-up, touchscreen netbooks . But soon this emerging class of machines won't be so easy to ID—electronics manufacturers are about to bust the computer category wide open. At the Consumer ... |
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Aer Lingus rejects Ryanair bid again
Reuters (UK) - 10 ore fa
There was also minimal acceptance from Aer Lingus investors until an initial January 5 deadline, which Ryanair on Tuesday extended to February 13. Ryanair said separately it had taken advantage of recent falls in fuel prices to cover half of its needs for the first three quarters of its 2009/10 ... |
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Darling tells G20 to get tough on bankers
Reuters (UK) - 10 ore fa
Our first objective should be therefore to return trust and confidence to financial markets. Leaders from the world's main developed and developing economies convene in London at the start of April to follow up on November's financial crisis summit in Washington. With the global downturn gathering ... |
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