global recession

Spain auction sees lower borrowing costs for benchmark bond


September 21st, 2012 - 12:05 pm ICT by IANS
Madrid, Sep 21 (IANS/EFE) Spain's Treasury sold 4.8 billion euros ($6.2 billion) worth of debt Thursday in an auction that attracted strong demand, paying a sharply lower interest rate on ... Read more...

Posted in Business |

Spanish economy shrinks


August 29th, 2012 - 11:23 am ICT by IANS
Madrid, Aug 29 (IANS/EFE) The Spanish economy shrank 0.4 percent in the second quarter after a contraction of 0.3 percent in the first three months of the year, the National ... Read more...

Posted in Business |

Downward revision of Spain’s GDP data


August 28th, 2012 - 12:23 pm ICT by IANS
Madrid, Aug 28 (IANS/EFE) The Spanish economy grew by 0.4 percent last year, less than the initial estimate of 0.7 percent, the National Statistics Institute, or INE, said.The INE also ... Read more...

Posted in Business |

15 arrested in anti-austerity protests in Spain


July 21st, 2012 - 11:10 am ICT by IANS
Madrid, July 21 (IANS/EFE) Fifteen people were arrested and 16 sent to hospitals with minor injuries as a result of clashes that followed an anti-austerity protest in the Spanish capital.Similar ... Read more...

Posted in Business |

Spain’s risk premium hits euro-era record


July 20th, 2012 - 12:20 pm ICT by IANS
Madrid, July 20 (IANS/EFE) Pressure on Spain's debt markets briefly sent the yield on the country's benchmark 10-year bond above 7 percent Thursday and caused the Iberian nation's risk premium ... Read more...

Posted in Business |

Spanish royals cut their own pay


July 18th, 2012 - 11:51 am ICT by IANS
Madrid, July 18 (IANS/EFE) Spain's King Juan Carlos decided to cut his salary and that of Crown Prince Felipe by 7.1 percent in line with government-mandated reductions in pay for ... Read more...

Posted in Business |

Pay cut spurs more protests by Spanish public employees


July 17th, 2012 - 12:33 pm ICT by IANS
Madrid, July 17 (IANS/EFE) Protests by public employees against the Spanish government's decision to cut their pay as part of a new austerity package continued here Monday.Prime Minister Mariano Rajoy's ... Read more...

Posted in Business |

Selling fashion the pop-up way (With Images)


June 12th, 2012 - 3:34 pm ICT by IANS
New Delhi, June 12 (IANS) They pop up, and then vanish! Pop-up shops, a concept popular abroad, has caught the fancy of the country's fashion designers and retail houses ... Read more...

Posted in Life Style |

India improves world ranking in trade logisitics (Lead)


May 16th, 2012 - 6:58 pm ICT by IANS
India with a Logistics Performance Indicators (LPI) score of 3.08 was ranked 46th in the bank's latest survey of international freight forwarders and express carriers. Singapore with a score of 4.12 listed ... Read more...

Posted in Business |

India improves ranking in trade logistics performance (Lead)


May 16th, 2012 - 11:31 am ICT by IANS
Washington, May 16 (IANS) Global trade logistics performance slowed down over the last two years amid the global recession but India - ranked 46th among 155 countries - and ... Read more...

Posted in Business |

India ranked 46th in trade logistics performance


May 16th, 2012 - 10:06 am ICT by IANS
Washington, May 16 (IANS) Global trade logistics performance slowed down over the last two years amid the global recession, but India and others that pursued aggressive reforms continued to ... Read more...

Posted in Business |

Recession pushed Parineeti into acting


May 7th, 2012 - 3:02 pm ICT by IANS
Mumbai, May 7 (IANS) Actress Parineeti Chopra, whose first solo film "Ishaqzaade" hits theatres Friday, holds three degrees in finance and always dreamt of becoming an investment banker. But ... Read more...

Posted in Entertainment |

Wall Street fall on European concerns (Lead)


April 24th, 2012 - 9:55 am ICT by IANS
New York, April 24 (IANS) US stocks slipped Monday as investors were concerned about new developments in Europe's debt crisis and political turmoil.The European PMI data declined to 47.4 in ... Read more...

Posted in Business |

Pakistan moving towards MFN status for India: Gilani


April 3rd, 2012 - 1:07 pm ICT by IANS
Islamabad, April 3 (IANS) Prime Minister Yousuf Raza Gilani has urged Asian countries to establish regional harmony and sustainable development through increased trade and economic growth. He said Pakistan ... Read more...

Posted in World |

Service sector has insulated India from global slowdown: Survey


March 15th, 2012 - 2:14 pm ICT by IANS
New Delhi, March 15 (IANS) The global recession only partially succeeded in slowing the Indian economy thanks to the robust growth in services at nearly 10 percent in 2010-11 ... Read more...

Posted in Business |

Bangladesh mulls urbanisation policy


March 3rd, 2012 - 10:50 pm ICT by IANS
Dhaka, March 3 (IANS) The Bangladeshi government will formulate a National Urbanisation Policy to tackle the influx of rural people into cities for work, a minister has said."Most of the ... Read more...

Posted in World |

Spain unveils new rules to shore up banking sector


February 3rd, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 3 (IANS/EFE) The government has outlined a programme aimed at shoring up Spain's ailing financial sector.The goal of the overhaul is to achieve in short order a healthier ... Read more...

Posted in Business |

BRICS summit to focus on fixing global recession: India


January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...

Posted in Uncategorized |

`Davos meet an opportunity to project Pakistan’s economy’


January 24th, 2012 - 2:38 pm ICT by IANS
Islamabad, Jan 24 (IANS) The World Economic Forum to be held in Davos offers a good opportunity to project Pakistan's economy which has registered a comeback, said Prime Minister ... Read more...

Posted in South Asia |

Canada over-estimates foreign trade: Think tank


January 20th, 2012 - 4:59 pm ICT by IANS
Ottawa, Jan 20 (IANS) Canadians over-estimate the value of their country's trade with the US, a major think tank says in a report.The Conference Board of Canada report, released Thursday, ... Read more...

Posted in Business |

India, EU firm up agenda for summit, discuss free trade


January 16th, 2012 - 9:17 pm ICT by IANS
Bangalore, Jan 16 (IANS) India and the European Union Monday held wide-ranging talks on trade and security issues to firm up the agenda for their summit next month.Catherine Ashton, the ... Read more...

Posted in Uncategorized |

Mexico set auto production record in 2011


January 12th, 2012 - 12:40 pm ICT by IANS
Mexico City, Jan 12 (IANS/EFE) Mexico set a new auto production record of 2.55 million cars and light trucks in 2011, a 13.1 percent increase compared to the previous year, ... Read more...

Posted in Business |

India 2012 will be a story of enterprising Indians, mediocre leaders (Comment)


December 29th, 2011 - 2:05 pm ICT by IANS
2012 could be another atrophied year for India due to mediocre leaders without a cogent vision for the country. A country of 1.2 billion people, with boundless resources and energy, ... Read more...

Posted in Politics |

Latin American economy to grow 3.7 percent in 2012: UN panel


December 22nd, 2011 - 12:10 pm ICT by IANS
Santiago, Dec 22 (IANS/EFE) Latin American and Caribbean nations will enjoy growth of 3.7 percent in 2012 after expanding 4.3 percent this year, the UN Economic Commission for Latin America ... Read more...

Posted in Uncategorized |

Probability of global recession low: RBI


December 9th, 2011 - 2:28 pm ICT by IANS
Kolkata, Dec 9 (IANS) On the back of widespread fears that Europe's sovereign debt crisis is pushing a global economic downturn, the Reserve Bank of India (RBI) Friday said the ... Read more...

Posted in Business |

‘India, China to drive global construction equipment industry growth’


November 24th, 2011 - 5:48 pm ICT by IANS
Bangalore, Nov 24 (IANS) The multi-billion dollar global construction equipment industry is betting on India and China to rev up the sales growth hit by the slowdown in the ... Read more...

Posted in Business |

Stable China border will help growth: India


November 21st, 2011 - 10:06 pm ICT by IANS
New Delhi, Nov 21 (IANS) Readying to set up a mechanism to settle the border dispute with China, India Monday said it needed a stable arrangement on the issue that ... Read more...

Posted in Business |

Spain cuts 2011 growth forecast


November 17th, 2011 - 12:14 pm ICT by IANS
Madrid, Nov 17 (IANS/EFE) Spain's economy is likely to grow by 0.8 percent in 2011, the government said Wednesday, revising downward its earlier forecast of a 1.3 percent expansion in ... Read more...

Posted in Business |

Recession affecting pets in Britain


November 13th, 2011 - 11:04 am ICT by IANS
London, Nov 13 (IANS) It seems global recession is taking a heavy toll on pets' lives in Britain. Animal welfare charities here have warned of pets rapidly becoming the forgotten ... Read more...

Posted in Health Science |

No comfort for Spain in latest employment data


November 4th, 2011 - 11:46 am ICT by IANS
Madrid, Nov 4 (IANS/EFE) Last month's "bad" unemployment numbers represent a step backward for a Spanish economy struggling to emerge from recession, the country's labour minister said.Valeriano Gomez spoke Thursday ... Read more...

Posted in Business |

Spanish economy stalls


November 1st, 2011 - 11:04 am ICT by IANS
Madrid, Nov 1 (IANS/EFE) The Spanish economy did not grow at all in the third quarter compared with the previous three months and expanded only 0.7 percent in the 12 ... Read more...

Posted in Business |

Mexican central bank warns of risks arising from Europe, US


October 27th, 2011 - 12:27 pm ICT by IANS
Mexico City, Oct 27 (IANS/EFE) Mexico's central bank said the greatest risks to the country's economy and financial system stem from the debt crisis in Europe and its possible contagion ... Read more...

Posted in Business |

Parliamentarians meet in Bern, focus on global crises


October 17th, 2011 - 10:37 pm ICT by IANS
New Delhi, Oct 17 (IANS) Indian parliamentarians led by Lok Sabha Speaker Meira Kumar will be interacting with MPs from across the world at the 125th Assembly of the ... Read more...

Posted in Uncategorized |

Weak rupee benefits Infosys despite uncertainty


October 12th, 2011 - 7:34 pm ICT by IANS
Bangalore, Oct 12 (IANS) A 10 percent rupee depreciation against US dollar during the second quarter (July-Sep) has benefitted Indian IT bellwether Infosys, helping it in revising its revenue guidance ... Read more...

Posted in Uncategorized |

Finland owes innovative bent to research spending


October 2nd, 2011 - 3:11 pm ICT by IANS
Helsinki, Oct 2 (IANS) If Finland stands out on the global innovation map, it is thanks to the money spent on research and development, which stands at nearly $7 billion ... Read more...

Posted in Uncategorized |

« Previous Entries

Subscribe