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Business - Page 503

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ECB holds rates, sees no economy bounce until 2013

The euro zone economy shows little sign of recovering before the year-end despite an easing of financial market conditions, European Central Bank Mario Draghi said on Thursday after interest rates were left

8th November 2012
Business

ENERGY: Egypt awards first oil licences since revolution

Royal Dutch Shell , RWE and TransGlobe Energy have won concessions in Egypt's first licensing round since the 2011 revolution in a sign that international oil firms are undeterred by a payment

8th November 2012
Business

FTSE: UK shares fall sharply as growth concerns resurface

UK shares fell sharply from two week highs on Wednesday after concerns over growth in Europe and the U.S. swamped initial relief that the U.S. presidential election had been settled quickly. The

7th November 2012
Business

GREECE: Telecoms giant OTE set to report Q3 profit drop

OTE, Greece's biggest telecoms group, is expected to announce a drop in third quarter profit, weighed by recession in its markets and cuts in regulated prices for cell phone calls. Analysts polled

7th November 2012
Business

Euro zone to flatline in 2013, pick up in 2014

The euro zone economy will barely grow next year but pick up in 2014, the European Commission said on Wednesday, forecasting slower growth than governments in all the bloc's biggest economies expect.

7th November 2012
Business

Obama needs a dealmaker for his new Treasury chief

President Barack Obama's re-election victory gives him a second chance to put the U.S. economy on a sound footing but to do so he will need a Treasury chief with sharp deal-cutting

7th November 2012
Business

Dollar slips, Treasuries gain as Obama re-elected

U.S. stock futures slipped and the dollar fell on Wednesday while benchmark Treasuries rose after President Barack Obama was re-elected for a second term, signalling no dramatic shift in U.S. economic policy.

7th November 2012
Business

Wall St jumps as energy gains hint at Romney victory

U.S. stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares. Gains were

6th November 2012
Business

China row drags on Nissan, cuts FY forecasts

Counting the cost of anti-Japanese protests in a territorial dispute with China, Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, and said it had lost

6th November 2012
Business

UAE, UK plan defence partnership around Typhoon order

The United Arab Emirates and Britain plan to establish a defence and industrial partnership involving close cooperation around the BAE Systems-built Typhoon fighter jet, the countries said in a joint communique on

6th November 2012
Business
Previous 1 … 501 502 503 504 505 … 2,266 Next

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Retail, construction boost econ sentiment in June

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