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Business Briefing | Economy: Britain’s Services Sector Contracted in June Britain’s services sector contracted last month by the most since October 2001 and banks said they would curb lending further in the third quarter. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Asia: Japan: Economy Contracted in Second Quarter Japan’s economy contracted 0.6 percent in the second quarter, reinforcing views that its economy had slipped into recession after its longest postwar expansion. Home > Rss Directory > Business > NY Time |
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Economy extends job loss streak WASHINGTON (Reuters) - U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and the country's vast service sector unexpectedly contracted, underscoring the economy's frailty. Home > Rss Directory > General > Reuters |
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Economy extends job loss streak
(Reuters) Reuters - U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and the country's vast service sector unexpectedly contracted, underscoring the economy's frailty. Home > Rss Directory > General > Yahoo News |
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World Business Briefing | Americas: Canada: Trade Surplus Grew in June A surge in oil exports to the United States raised Canada’s trade surplus in June, boding well for an economy that is narrowly skirting a recession. Home > Rss Directory > Business > NY Time |
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Economy in Europe Contracted Last Quarter The economy of the 15-nation euro area contracted 0.2 percent in the three months ended June 30, according to data. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Inflation Eclipses Central Bank’s Target British inflation shot up in July to more than twice the central bank’s target, dousing expectations of interest rate cuts anytime soon. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Cadbury Sets Terms of Spinoff Cadbury Schweppes, the candy maker, has set the terms of its soda unit’s planned spinoff. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Restaurant Supplier Bid Illinois Tool Works, the conglomerate based in Glenview, Ill., agreed to buy a British restaurant equipment supplier, Enodis, for $2 billion, the companies said. Illinois Tool’s bid was 8.5 percent higher than an offer that Enodis agreed to last month from the Manitowoc Company of Manitowoc, Home > Rss Directory > Business > NY Time |
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Business Briefing | Deals: Europe Approves H.P.’s Deal for E.D.S. Antitrust regulators for the European Union have approved Hewlett-Packard’s proposed $13.2 billion purchase of the technology services provider Electronic Data Systems. Home > Rss Directory > Technology > NY Time |
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Windows XP deadline matters little to business customers The countdown is nearly over: Monday marks the long-awaited date after which PCs preloaded with Windows XP will no longer be available.But now that the date is imminent, does anybody care? The segment of Windows Home > Rss Directory > Technology > InfoWorld |
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World Business Briefing | Europe: Britain: Best Buy in Venture The Best Buy Company, the electronics retailer, will open its first stores in Europe by investing £1.1 billion ($2.16 billion) in a joint venture with the Carphone Warehouse Group. Best Buy, based in Richfield, Minn., will open stores under its brand name across Europe beginning next year in Br Home > Rss Directory > Business > NY Time |
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Microsoft feeds cash to Online Services Business With the possibility of a Yahoo acquisition still uncertain, Microsoft is pouring hundreds of millions of additional investment dollars into its Online Services Business (OSB) in an aggressive effort to compete with Google in online advertising. Home > Rss Directory > Technology > InfoWorld |
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World Business Briefing | Europe: Britain: Jobless Rate Rises The jobless rate in Britain rose by 0.2 percentage point to 5.5 percent in the three months ending in July as the number of unemployed people jumped by 81,000, the government said. Home > Rss Directory > Business > NY Time |
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World Business Briefing: Australia: Rise in First Quarter G.D.P. Australia’s economy grew more than expected in the first quarter, re-igniting concerns about inflation and increasing speculation about interest rate increases. Home > Rss Directory > Business > NY Time |
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World Business Briefing: Brazil: Economic Growth Slows Brazil’s economy grew 5.8 percent in the first quarter, powered by higher consumer spending that is stoking inflation and forcing the central bank to raise interest rates. Home > Rss Directory > Business > NY Time |
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Midwest Business Activity Remained Weak in June Business activity in the Midwest contracted for a fifth consecutive month but at a less severe rate, as production and new orders both slipped, a report showed Monday. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: The Netherlands: ABN Amro Units Sold The Belgian-Dutch financial services group Fortis will sell about 10 percent of ABN Amro’s Dutch operations to Deutsche Bank for 709 million euros ($1.12 billion). Home > Rss Directory > Business > NY Time |
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Business Briefing | Economy: BHP Billiton Wins Big Price Increase for Iron Ore Chinese steel mills have reached an iron ore agreement with the mining company BHP Billiton in line with the near-doubling of prices won by BHP’s rival Rio Tinto. Home > Rss Directory > Business > NY Time |
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Business Briefing | Technology: AOL to Close Three Internet Data Sites AOL is shutting three data-storage services, including one of the Internet’s earliest photo-sharing sites, as it seeks to cut costs and focus resources on its advertising opportunities. Home > Rss Directory > Technology > NY Time |