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Unemployment rises in 30 states California, at 12.5 percent
Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country. The data is somewhat better than December, when 43 states reported higher unemployment rates, but worse than November,... (Continue reading)
Euro moved up over 1.36 dollars
The euro staged a modest turnaround against the dollar Wednesday in featureless trading as dealers looked for signals on prospects for the world economy and a proposed European monetary fund. The single European currency moved up over 1.36 dollars late in... (Continue reading)
Audi aims to sell more than one million autos
German luxury car maker Audi, which is owned by Volkswagen, said Tuesday it aimed to sell more than one million autos this year and reach a pre-crisis record set in 2008. Audi sales fell last year by 12.7 percent to 29.8... (Continue reading)
The relationship between dollar and stocks is over.
NEW YORK – The relationship between the dollar and stocks that helped define last year’s stock market rally is over. Last summer and fall, stocks generally rose on days when the dollar fell, and vice versa. The dollar had been pushed lower... (Continue reading)
FTSE 100 boosted by US job news
The FTSE 100 made solid gains Friday as better-than-anticipated data from the US showed that unemployment levels had stabilised at 9.7 percent. London’s main FTSE 100 index was up 1.31 percent to 5,599.76 points. Lloyds Banking Group (LBG) was the most traded... (Continue reading)
Unemployment rate unchanged as 36K jobs lost
WASHINGTON – The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur. The Labor Department wouldn’t quantify... (Continue reading)
Oil prices above $82
LONDON (AFP) – Oil prices rebounded above 82 dollars on Friday as the market got a boost from better-than-expected US jobs data, traders said. New York’s main contract, light sweet crude for delivery in April, jumped to a high of 82.07... (Continue reading)
Lawmaker is working to improve loan modifications
WASHINGTON – A key lawmaker says he is working with banks, regulators and the Obama administration on ways to boost the government’s struggling foreclosure prevention effort. Rep. Barney Frank, D.-Mass, said he is in talks with several major lenders in an... (Continue reading)
Bulgarians have 200 million euros in Swiss banks
SOFIA (AFP) – A stolen disk of Swiss banking data bought by Germany last week revealed that Bulgarian tax evaders held about 200 million euros in Swiss banks, Bulgaria’s revenue agency chief said Friday. “We had information that Bulgarian citizens held... (Continue reading)
Adidas falls to $26Million
Written on 3 Mar, 2010 at 4:10 in Business | viewed 23 views times | 0 Comments
FRANKFURT – German sportswear company Adidas AG said Wednesday its fourth quarter net income declined 64 percent to euro19 million ($26 million) on rising purchasing costs, currency effects and a drop in demand during the downturn. The Herzogenaurach-based company earned euro54... (Continue reading)
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(5.00 out of 5) - The New York Times will not sell another newspaper (5.00 out of 5)
- Sales of video games in November fell by 8 percent (5.00 out of 5)
- Over the holidays the Americans lowered the $ 16 billion online (5.00 out of 5)
- Google may buy Aardvark for $ 30 million (5.00 out of 5)
- Microsoft and Yahoo! agreed on a deal (5.00 out of 5)
- The index of consumer optimism has risen in early December (5.00 out of 5)
- McDonald’s will promote the “Avatar” (5.00 out of 5)
- Increased retail sales raises hopes for recovery (5.00 out of 5)
- George Soros offers a solution in the fight against global warming (5.00 out of 5)
- Major Benefits From New Credit Card Law - 2 votes
- The New York Times will not sell another newspaper - 1 votes
- Sales of video games in November fell by 8 percent - 1 votes
- Over the holidays the Americans lowered the $ 16 billion online - 1 votes
- Google may buy Aardvark for $ 30 million - 1 votes
- Microsoft and Yahoo! agreed on a deal - 1 votes
- The index of consumer optimism has risen in early December - 1 votes
- McDonald’s will promote the “Avatar” - 1 votes
- Increased retail sales raises hopes for recovery - 1 votes
- George Soros offers a solution in the fight against global warming - 1 votes
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