IMF to Make
January 8, 2012
The International Monetary Fund will make a
Last business news
December 27, 2011
U.S. stocks surged Tuesday as concerns about the European debt crisis eased and investors welcomed signs of strength in the U.S. housing market.
The Dow Jones industrial average () rose 337 points, or 2.9%, to end at 12,103. The S&P 500 () jumped 36 points, or 3%, to 1,241. The Nasdaq () gained 80 […]
December 20, 2011
Despite continued worries about the economy, more Americans are expected to hit the highway this holiday season.
Travel group AAA said Wednesday it expects 91.9 million Americans — about 30% of the population — is expected to travel at least 50 miles from home during the 11-day year-end holiday season. That’s up 1.4% from a […]
technology, term - Comments closed
December 18, 2011
For the St. Louis economy, this year looked a lot like the previous 20 or 30, and it’s a rut we really need to get out of.
Job growth lagged the nation. Well-known local companies succumbed to takeovers, without enough new businesses to take their place. Officials argued about strategy while failing to address the region’s […]
money, technology - Comments closed
December 8, 2011
German authorities say a piece of mail sent to Deutsche Bank chief Josef Ackermann was a fully functional letter bomb capable of exploding.
German prosecutors and police in Hesse state said in a joint statement that a suspicious letter addressed personally to Ackermann and intercepted at the mail room of the bank’s Frankfurt headquarters on Wednesday […]
December 5, 2011
China’s attempts to deflate its property bubble come at a perilous time.
Fears that the euro might collapse, unleashing a tsunami of financial and economic disruptions around the globe, have added urgency to concerns that China’s campaign to cool overheated housing prices may go too far.
As economic growth wanes, Beijing has begun easing tight credit policies […]
November 22, 2011
The investigation into a bullet train crash in China last summer that killed 40 people has come and gone with scarcely any fresh information released about what led to the disaster.
The secrecy surrounding the investigator’s report, originally due in September and reportedly extended until late November, is typical of the sensitivities shown toward wider troubles […]
management, stocks - Comments closed
November 15, 2011
The European economy has stalled, and is likely to start shrinking soon, just when eurozone countries need help the most.
Growth slowed nearly to a stop this summer, and a recession afflicting small countries like Greece and Portugal threatens to spread to some of Europe’s stronger economies as financial market uncertainty erodes confidence among businesses and […]
management, marketing - Comments closed
November 4, 2011
Greek lawmakers geared up for a crucial confidence vote in the beleaguered Socialist government Friday, as both main parties floated plans to approve a massive European bailout and call new elections.
A week of political drama has horrified the indebted country’s European partners and overshadowed the Group of 20 summit in the French resort of Cannes. […]
October 30, 2011
Tens of thousands of stranded Qantas Airways passengers worldwide scrambled to reach their destinations Sunday after the airline abruptly grounded its global fleet over a dispute with striking workers. Australia’s government sought a court order to force the flagship carrier’s planes back in the air.
Australian officials expressed frustration over the sudden action by the world’s […]