Australia’s Gross Domestic Product Rises 1% in Q03 2011, Following a 1.4% Expansion in the Prior Quarter, Beating Economists’ Median Forecast for a 0.8% Gain Citigroup Inc Plans to Cut Approximately 4.5k Jobs in the Coming Quarters in Order to Offset Declining Revenue ING Groep NV Reports that it Must Take a Charge of up [...]
UK Economy Shrinks 0.5% in the Fourth Quarter, Versus 0.6% Previously Estimated as Services & Factory Output was Revised Higher Two Federal Reserve Presidents Voice Their Support for Completion of the USD 600B Treasury Securities-Purchase Program through June BP Plc Managers to Face US Manslaughter Charges Review for Decisions Made Before the Gulf of Mexico [...]
US Foreclosure Filings Fall 17% to 261,333 Properties in January from a Year Earlier, the Fourth Straight Month of Declines UK Manufacturing Unexpectedly Declines 0.1% in December from November When it Rose 0.6%, As Cold Weather Hampered Economic Activity Diageo Plc Posts a 17.5% Increase in 6M 2010/2011 Net Profit to GBP 1.9B, Missing Analysts’ [...]
Mercedes-Benz and Audi Plan to Double Their US Diesel Offerings as They Seeks to Attract More Luxury Class Consumers German Exports Rise 0.5% in November From the Prior Month When They Declined 1.3% as Demand From Emerging Markets Increased China Minsheng Banking Corp Plans to Sell as Much as 4.7B Stock Units as it Seeks [...]
A Federal Judge Rules that Oracle Corp be Paid Interest of Approximately USD 16.5mm on the USD 1.3B Copyright-Infringement Jury Verdict it Won Against SAP AG Last Month The European Central Bank Drains EUR 60.78B from Money Markets via Seven-Day Term Deposits, Almost EUR 13B Less Than it Intended to Absorb as Banks Stay Liquid [...]
Paris Charles de Gaulle Airport Plans to Cut Flights by 50% this Afternoon Due to a Shortage of Antifreeze and Forecasts for More Cold Weather France’s AAA Grade Affirmed by Standard & Poor’s Financial Services , Reflecting Confidence that the Country will Reign in its Budget Deficit US Online Sales Jump 15% this Holiday Season, [...]
Sasol Ltd, the World’s Biggest Producer of Motor Fuels from Coal, Will Acquire 50% of Talisman Energy Inc’s Farrell Creek Shale-Gas Assets in British Columbia for CAD 1.05B (USD 1.04B) The Confederation of British Industry Announces that the Bank of England Will Commence Increasing Interest Rates Within Six Months to Curb Inflation Pharmaceutical Giant, Novartis [...]
Sweden’s Central Bank Raises its Seven-Day Repo Rate to 1.25% as Policy Makers Try to Steer the European Union’s Fastest Recovery and Curb Household Borrowing Novartis AG is to Take Full Control of Alcon Inc After Agreeing to Pay USD 12.9B for Shares in the Company it Doesn’t Already Own, Ending an 11-Month Dispute With [...]
The Inflation Rate in the UK Unexpectedly Accelerates to a Six-Month HI of 3.3% in November From a Year Earlier, Adding to the Case for Policy Makers to Rein in Cost Pressures European Industrial Production Rises by 0.7% in October from September When it Fell by a Revised 0.7%, Led by Orders for Capital Goods [...]
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Tagged European Industrial Production, European Industrial Production Rises, German Investor Confidence, German Investor Confidence December 2010, Global Airlines Combined 2011 Profits, Overnight Market News, Overnight Markets, UK Housing-Market Gauge, UK Inflation Rate, Yahoo! Employee Cuts, Yahoo! Job Cuts
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China November Passenger Car Sales Rise 29% to Record as Customers Rushed to Take Advantage of Government Incentives Supporting Vehicle-Buying that May Expire at the End of 2010 Australian Unemployment Rate Unexpectedly Drops Back to 5.2% in November, Reversing some of October’s Surprise Increase to 5.4% as Firms Hired a Lot More Full-Time Workers South [...]