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UK construction industry hits new low

The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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UK construction industry hits new low

The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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Bourses fall but banks bounce

European investors took profits in pharmaceuticals stocks and continued to sell down the resources sectors as trade on equity markets was wound down for the Christmas break


Posted by shina on December 26th, 2008 :: Filed under Finance, Market, News
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Bourses fall but banks bounce

European investors took profits in pharmaceuticals stocks and continued to sell down the resources sectors as trade on equity markets was wound down for the Christmas break


Posted by shina on December 26th, 2008 :: Filed under Finance, Market, News
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US retail sales more resilient than expected

The core measure, which excludes petrol and the crisis-hit automobile and housing-related sectors, rose in November – a surprisingly strong result given the job market implosion


Posted by shina on December 14th, 2008 :: Filed under Business, Economic, Finance, News
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UAE steps up support for Dubai

The United Arab Emirates government stepped up support for Dubai’s real estate and banking sectors yesterday by merging a pair of mortgage companies into two banks


Posted by shina on November 24th, 2008 :: Filed under Business, Economic, Finance, News
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European stocks depressed by heavyweights

European stocks fell on Wednesday as heavily-weighted sectors like banking, energy and metals weakened on fears of a prolonged recession


Posted by shina on November 19th, 2008 :: Filed under Business, Market, News
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French banks help lift European shares

European shares rose for a third session as the French government’s decision to inject €10.5bn into its banking system lifted financials and offset volatility in other sectors


Posted by shina on October 21st, 2008 :: Filed under Finance, Market, News
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New EU members spared worst of crisis

Bankers and officials insist that economic fundamentals and banking sectors are secure enough to avoid systemic problems


Posted by shina on October 10th, 2008 :: Filed under Finance, News
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FTSE ends lower as energy stocks slide

London equities reversed in afternoon trading, having been higher for most of the session after broad gains across the banking and mining sectors


Posted by shina on October 9th, 2008 :: Filed under Business, Market, News
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Banks help FTSE recover

London equities rose, with broad gains in the banking and mining sectors putting the brake on the FTSE 100’s slide to four-year lows


Posted by shina on October 9th, 2008 :: Filed under Finance, Market, News
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Cerberus puts $1bn into CIBC

The move is the latest in a series of halting attempts by investment firms to hunt for bargains in bombed-out sectors of the credit markets


Posted by shina on October 5th, 2008 :: Filed under Finance, News
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