Building permits fell for the fourth straight month in January according to the Statistical. The number of building permits authorised by the municipal authorities and the district administration offices during January 2010 fell by 20.5% to 619 compared with 694 in January 2009. The total value of these permits fell by 23.7% to EUR 198.1
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The industrial turnover Index for December 2009 reached 127.6 (base 2005=100), recording a decrease of 9.6% compared with December 2008. For manufacturing, the turnover index for December 2009 reached 123.2, recording a decrease of 12.4% compared to December 2008. For the period January-December 2009, the index recorded a decrease of 11.0% compared with the same
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Retail trade fell in January according to provisional figures from the Statistical Service. The turnover volume index of retail trade (excluding automotive fuel) in January fell by 4.6% compared with January 2009. Compared with the previous month, the volume index fell by 30.4% for seasonal reasons. According to revised figures for 2009, retail trade volume
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Asian stock markets rose on Tuesday as the weak U.S. dollar spurred overnight gains in commodities, boosting commodity-linked stocks in the region. European stock markets were expected to open slightly firmer on Asian and U.S. gains, with energy shares supported by rising oil prices. Crude oil futures held above $82 a barrel on Tuesday after
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British house prices rose 0.7 percent in March, largely reversing the previous month's fall, the Nationwide Building Society said on Tuesday, in a sign the housing market recovery is not completely dead yet. February's decline, which ended a run of nine straight monthly rises, was revised to show prices falling by 0.8 percent instead of
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Apple Inc appears to be working on a new iPhone model for No. 1 U.S. mobile carrier Verizon Wireless, the Wall Street Journal reported on Monday. Verizon Communications Inc shares surged on the news, rising 3.4 percent in after-hours trading, while the shares of AT&T Inc, the current exclusive carrier of the iPhone in the
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Japan's Nikkei average rose 1.0 percent to an 18-month closing high on Tuesday, with commodity-linked shares such as Mitsubishi Corp climbing following a rise in commodity prices. The Nikkei is on track to rise 5.2 percent this quarter, and is up nearly 37 percent in Japan's 2009/10 financial year that ends on Wednesday. While there
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British house prices rose 0.7 percent in March, largely reversing the previous month's fall, the Nationwide Building Society said on Tuesday, in a sign the housing market recovery is not completely dead yet. February's decline, which ended a run of nine straight monthly rises, was revised to show prices falling by 0.8 percent instead of
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European efforts to ease Greece's debt crisis and a Greek bond sale lifted the euro on Monday, clearing a path for energy and mining stocks that benefit from a weaker dollar. Expectations a Friday report will show U.S. businesses hired for the first month since November also buoyed stocks. [ID:nN29205959]. Strength in world equities followed
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— Government pricing policy “a disaster” — Exports of the pharmaceuticals giant Remedica are expected to rise by 12% from last year to EUR 45 mln in 2010, as new drugs become available in the European market where older patents expire and pave the way for new entrants. Emilios Savvides, Managing Director of the company
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