Posted by Reuters: Business News on February 6, 2012
NEW YORK (Reuters) – Stocks closed slightly lower on Monday as lingering questions about Europe’s debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks closed slightly lower on Monday as lingering questions about Europe’s debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
Posted by Reuters: Business News on
BEIJING (Reuters) – China’s annual economic growth could be cut nearly in half this year if Europe’s debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil “significant” fiscal stimulus, the International Monetary Fund said.
Posted by Reuters: Business News on January 30, 2012
BRUSSELS (Reuters) – European leaders agreed on a permanent rescue fund for the euro zone on Monday and 25 out of 27 EU states backed a German-inspired pact for stricter budget discipline, but they struggled to reconcile fiscal austerity with economic growth.
Posted by Reuters: Business News on January 20, 2012
(Reuters) – Schlumberger Ltd , the world’s largest oilfield services company, reported a 36 percent rise in quarterly earnings, beating Wall Street forecasts, but it warned that Europe’s debt crisis could hurt economic growth and trim oil demand.
Posted by Reuters: Business News on January 19, 2012
WASHINGTON (Reuters) – Housing starts fell in December as groundbreaking on rental property posted a big decline, splashing some cold water on hopes the still-weak housing sector could boost economic growth this year.
Posted by Reuters: Business News on January 13, 2012
WASHINGTON (Reuters) – The trade deficit widened in November to its largest in five months, suggesting imports weighed on economic growth more heavily than expected during the fourth quarter.
Posted by Reuters: Business News on January 10, 2012
BEIJING (Reuters) – China’s exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand ebbed, data released on Tuesday showed, bolstering the case for Beijing to further relax monetary policy to foster economic growth.
Posted by Reuters: Business News on December 27, 2011
WASHINGTON (Reuters) – Consumer confidence rose to an eight month high in December as households grew more upbeat about job prospects, but other data showed the housing market likely remains a drag on economic growth with house prices falling 3.4 percent in the October year.
Posted by Reuters: Business News on December 15, 2011
BEIJING (Reuters) – China’s economic growth could be slowing further as data on Thursday showed the first year-on-year drop in foreign direct investment in 28 months and a fresh fall in new orders signaled a further contraction in factory activity.
