Sep 4

The U.S. economy is destroying jobs for the third straight month in August but significantly less than expected and job creation in the private sector were pleasantly surprised, easing the pressure on the Federal Reserve for new measures support.
Last month, 54,000 non-agricultural jobs have been eliminated, said Friday the Labor Department, the number [...]

Aug 25

The Chinese company Geely Automobile Holdings Wednesday reported a 35% rise in interim profits, higher than expected, but is facing a slowdown in sales due to increased competition in the biggest car market world.
The automaker, whose parent company Zhejiang Geely bought Volvo to Ford, posted a net profit of 804.85 million yuan (94 [...]

Jul 15

Global growth will slow in the coming months, in the wake of China and the United States, because of austerity plans implemented in various countries, according to a Reuters poll.
However, several Asian countries, like India and South Korea, should yield better performance this year that envisioned a few months ago.
Ultimately, the [...]

Jun 29

U.S. consumer confidence plunged in June after three consecutive months of increases, due to concerns related to the job market, according to the index of employers' organization the Conference Board released Tuesday.
This index thus amounted to 52.9 in June against 62.7 (revised from 63.3) in May
Analysts polled by Reuters expected at [...]

Jun 28

The G20 countries agreed Sunday to implement different solutions to find the path of sustainable growth and regulate their financial systems, and taking note of the uneven and fragile economic recovery in several of them.
Meeting in Toronto, the major industrial nations and big emerging economies have attempted to balance competing priorities with a [...]

Jun 24

Major European stock markets closed in negative territory for the second straight session, driven down by falling record sales recorded by the new homes in the U.S. in May, which has increased investors' fears about a slowdown the world economic recovery.
Do not arriving during the session to surpass 3,700 points, the Paris Stock [...]

Jun 17

Developing countries and emerging countries should represent nearly 60% of world GDP in 2030, thanks to a tilting movement of wealth that the crisis has accelerated, says the OECD in a report released Wednesday.
The rapid growth of large developing countries has helped reduce poverty but also increased inequality, says the Organisation for [...]