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Archive for 'economics'

Merkel faces more ballot woe in German state vote

May 11, 2012

A bad European week for Chancellor Angela Merkel looks likely to end with more electoral woes _ this time, the likely re-election of a center-left government in Germany’s most populous state, which Merkel has sought to portray as irresponsibly addicted to debt.
But despite the prospect of an embarrassing loss for her conservatives, Merkel still looks […]

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economics, technology - Comments closed

US employers posted 3.74 million March jobs

May 8, 2012

U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.
The Labor Department says employers advertised 3.74 million job openings in March. That’s up from a revised 3.57 million in February. The March figure was the highest […]

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business, economics - Comments closed

China Commercial Property Deals Fueled by Cash-Poor Developers - Bloomberg

May 2, 2012

Shanghai and Beijing, the two cities with Asia

economics, lenders - Comments closed

UN aims to triple Syria observer team next week

April 20, 2012

A spokesman for international Syria envoy Kofi Annan says the United Nations hopes to have 30 cease-fire monitors in the country next week.
Ahmad Fawzi says seven observers are already on the ground and another two will arrive on Monday.
Fawzi told reporters in Geneva on Friday that the preliminary agreement signed with the Syrian government this […]

economics, stocks - Comments closed

US stocks turn mixed, erasing early losses

April 6, 2012

Stocks were mixed in midday trading, closing out a tumultuous week in which the Dow Jones industrial average had its biggest plunge in a month.
The Dow was down 3 points at 13,071 at midday Thursday. The Standard & Poor’s 500 index was up less than a point at 1,399. The Nasdaq composite rose 10 points […]

economics, online - Comments closed

Sales of New Houses in U.S. Fall for Second Month: Economy - Bloomberg

March 23, 2012

Purchases of new homes in the U.S. unexpectedly fell in February for a second month, a sign the recovery in the housing market may be uneven.
Sales dropped 1.6 percent to a 313,000 annual pace, the slowest since October, from a 318,000 rate in January that was weaker than previously reported, figures from the Commerce […]

economics, online - Comments closed

U.K. Budget Deficit Doubles as Taxes Fall, Spending Jumps - Bloomberg

March 22, 2012

Britain

economics, technology - Comments closed

John McAlister named to head Center for Emerging Technologies development program

March 17, 2012

The Center for Emerging Technologies named John McAlister to lead its Bio Entrepreneur Development Program.
The program is designed for first-time bioscience entrepreneurs in the St. Louis area, and it provides participants with 10 weeks of training and individualized mentoring and professional business services.
McAlister is a former president and CEO of Tripos Inc. He has worked […]

economics, news - Comments closed

Sara Lee spinoff to distribute $4.6B in stock

March 2, 2012

Food company Sara Lee Corp. said Friday that its shareholders will get stock valued at up to $4.55 billion when it spins off its international coffee and tea business later this year.
The coffee and tea business, which includes brands such as Senseo and Pickwick Teas, will also move its headquarters from Utrecht to Amsterdam in […]

Australia, economics - Comments closed

Australian Home Permits Advance Less Than Forecast on Weakened Job Market - Bloomberg

March 1, 2012

Australian home-building approvals rose by less than economists forecast in January as weakness outside the resources industry hurts housing.
The number of permits granted to build or renovate houses and apartments gained 0.9 percent from December, when they dropped a revised 0.8 percent, the Bureau of Statistics said in Sydney today. The result compares with […]

economics, news - Comments closed