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Business - Page 1165

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Europe Factors-Shares seen up; G20 keeps stimulus plans

European equities were poised to rise on Monday, adding to the previous session's rally and mirroring gains on Wall Street and in Asia, as investors applauded the G20's pledge to maintain their

7th September 2009
Business

Jobs data keeps stocks higher, dollar steady

Better-than-expected U.S. jobs data helped buoy European stocks and put Wall Street on track for a positive open on Friday, while the dollar gained. The U.S. Labor Department said employers cut a

4th September 2009
Business

Wall Street headed for flat open after payrolls data

Stock index futures pointed to a flat open on Friday following data that showed U.S. employers cut fewer-than-expected jobs in August even as the unemployment rate hit a 26-year high. Wall Street

4th September 2009
Business

U.S. jobless rate hits 26-year high in August

The pace of U.S. job losses hit a one-year low last month but the unemployment rate jumped to a 26-year high of 9.7 percent, the government said on Friday in a report

4th September 2009
Business

UK real estate insolvencies doubled since Q3 2007

Real estate and construction firms have been the worst hit in Britain by the global downturn, with the number going bust more than doubling since the credit crunch started two years ago,

4th September 2009
Business

US Stock futures signal gains; eyes on jobs data

U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of eagerly-awaited monthly U.S. jobs data and unemployment rate. At 5:29 a.m. EDT, futures for the S&P

4th September 2009
Business

Apple iPod updates expected, Jobs show uncertain

Apple Inc's media extravaganza next week is being greeted with unusual calm, as it is uncertain if charismatic CEO Steve Jobs will appear and investors have nothing much to bet on apart

4th September 2009
Business

IMF chief warns against unwinding stimulus too soon

The global economy is emerging from a deep downturn but the recovery will be sluggish and unwinding stimulus measures too soon could derail an upswing, IMF Managing Director Dominique Strauss-Kahn said on

4th September 2009
Business

UK car sales rise in Aug, scrappage scheme helps

New car sales in Britain rose for a second month running in August as the government's "cash for bangers" scheme lured cost-conscious buyers on to forecourts. The Society of Motor Manufacturers and

4th September 2009
Business

G20 to pledge stimulus until economic recovery certain

The G20 will promise this weekend to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when

4th September 2009
Business
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The euro-dollar currency pair trades slightly higher to near 1.1200

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