Archive for January 2010
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India's central bank surprised markets by raising banks' cash reserve requirements by more than expected on Friday and warned of mounting inflation, setting the stage for increasing interest rates in the coming months. The Reserve
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Microsoft Corp posted a bigger-than-expected 60 percent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year. The world's biggest software maker said
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Microsoft Corp posted a bigger-than-expected 60 percent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year. The world's biggest software maker said
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Unemployment in the 16-member eurozone hit 10 per cent in December for the first time since the single currency was launched more than a decade ago, data released Friday showed. Unemployment in the 16-member eurozone
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Chevron Corp, the second-largest US oil company, posted a 37 percent drop in quarterly profit, missing Wall Street forecasts, as steep losses at its refineries offset gains from higher oil prices and production. Global refining
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Chevron Corp, the second-largest US oil company, posted a 37 percent drop in quarterly profit, missing Wall Street forecasts, as steep losses at its refineries offset gains from higher oil prices and production. Global refining
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About 30,000 people marched through Brussels on Friday demanding an end to job cuts, as new figures showed that European Union unemployment had reached a 10-year high. The peaceful protest was organised by Belgium's three
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The US economy grew at a faster-than-expected 5.7 percent pace in the fourth quarter, the quickest in more than six years, as businesses made less-aggressive cuts to inventories and stepped up spending. The robust performance
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South Korean industrial output in December rose nearly three times as fast as expected but an outlook indicator suggested the pace would moderate, adding to concerns about the fallout from monetary tightening in China. The
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Power plants, oil refineries and water supplies increasingly dependent on the Internet are under relentless attack by cyber spies and thugs, according to a McAfee report released Thursday. The "Critical Infrastructure in the Age of
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