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Archive for  January 2010

  • Business confidence in the French manufacturing sector rose in January to its highest level since September 2008 on the back of improved recent production and firmer orders, according to data on Friday. National statistics office

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on French government seeks to end row over EdF chief’s pay

    The French government sought on Friday to end a damaging row over the head of state electricity group EdF but faced more questions over his pension and role as non-executive chairman of environmental services group

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Bank of Canada chief more confident in recovery

    Canada's economy is on track to recover this year and the outlook has improved since October, the Bank of Canada said on Thursday, while giving few hints on how soon it will start raising record-low

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Russia’s RUSAL raises $2.2 billion in Hong Kong IPO

    Russia's UC RUSAL, the world's largest aluminium producer, raised $2.2 billion through its initial public offering and brought the debt-burdened company a step closer to being the first non-Asian firm to have a primary listing

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Russia’s RUSAL raises $2.2 billion in Hong Kong IPO

    Russia's UC RUSAL, the world's largest aluminium producer, raised $2.2 billion through its initial public offering and brought the debt-burdened company a step closer to being the first non-Asian firm to have a primary listing

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Belgian business sentiment slightly up in January

    Belgian business sentiment, a bellwether for the euro zone, rose slightly in January for a 10th consecutive month due to improved morale in manufacturing and business-related services. The business confidence index, often referred to as

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Swiss companies to invest more in 2010

    Swiss companies plan to boost investment in 2010 compared with the previous year although spending on equipment will stay below 2008 levels, Switzerland's leading economic research institute said on Friday. The KOF institute, which publishes

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on EBRD sees brighter outlook for former Soviet economies

    The European Bank for Reconstruction and Development on Friday raised its 2010 growth forecast for the economy of the ex-Soviet bloc - a region badly ravaged by the global economic crisis. "The EBRD has revised

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Toyota broadens massive US safety recall

    Toyota Motor Corp said on Thursday it will recall millions more vehicles in the United States, its second massive recall in four months, this time to fix potentially faulty accelerator pedals. The newest recall, affecting

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    • News Desk
    • Jan 23rd, 2010
    • Comments Off on Sony Ericsson fourth quarter in line, cautious on market

    Sony Ericsson warned on Friday cellphone market recovery could be slower than analysts expect as the venture reported its seventh straight quarterly loss. Handset makers and chip firms globally had a grim time through 2009

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