Archive for December 2012
-
China's annual consumer inflation rebounded from 33-month lows to 2 percent in November, dimming the chance for more monetary policy easing as its economy recovers. Sunday's data missed analysts' expectations for November inflation to quicken
Read More -
OPEC gathers in Vienna this week for a ministerial meeting to decide on the cartel's oil production ceiling, as a predicted drop in demand risks weighing on high crude prices despite Middle East unrest. The
Read More -
The average apartment price in Dubai rose by 13 percent this year and is expected to grow at the same rate next year as speculative buyers prop up demand, a study released on Sunday showed.
Read More -
Thousands of health workers, on strike since last month, marched on Sunday in Madrid to protest against budget cuts and plans from the Spanish capital's regional government to privatise the management of public hospitals and
Read More -
French Prime Minister Jean-Marc Ayrault in an interview on Sunday defended his decision not to nationalise a steelworks belonging to ArcelorMittal, despite trade union pressure on the state to rescue two threatened blast furnaces. "On
Read More -
Toyota Motor Corp is set to delay the launch of a new production line at its plant in Tianjin, northern China, because a decline in its Chinese sales is likely to continue for the foreseeable
Read More -
German top-of-the-range carmaker BMW is on track for record sales in 2012 after buoyant November sales, chief financial officer Friedrich Eichiner said on December 07. "We're on target," Eichiner said at a sneak preview of
Read More -
Italian private equity fund Investindustrial has signed a deal to buy 37.5 percent of Aston Martin Lagonda Ltd from its Kuwaiti owner Investment Dar. Investindustrial is investing 150 million pounds ($241 million) in Aston Martin
Read More -
Italian private equity fund Investindustrial has signed a deal to buy 37.5 percent of Aston Martin Lagonda Ltd from its Kuwaiti owner Investment Dar. Investindustrial is investing 150 million pounds ($241 million) in Aston Martin
Read More -
Sony is in talks with suitors including Taiwan's Hon Hai Precision over the sale of its battery business, a report said as the Japanese firm tries to repair its dented balance sheet. Sony, which in
Read More