London :: United Kingdom
| 1 day ago
Sir Philip Green’s clothing empire has no representative among Britain’s ten biggest clothing retailers by volume, according to industry figures seen by The Times . Through his Arcadia Group, which includes the likes of Topshop, Miss Selfridge and Burtons,...
Tags: retail, recession, Sir Philip Green, sales
Orlando :: FL :: USA
| 2 days ago
Florida's unemployment rate rose in October to 7 percent, exceeding the national rate of 6.5 percent. The good news is that Florida's unemployed are likely to qualify for extended benefits under the Senate bill signed by President Bush Friday morning.
Tags: unemployment, recession, job, Florida, unemployment rate
Washington :: WA :: USA
| 2 days ago
The U.S. recession has begun to squeeze credit markets, threatening to erase gains made by the government's massive bailout plan, data show. Perhaps a simpler concern than a month ago, banks are now concerned companies will not be able to repay loans...
Tags: recession, loans, banks, economy, bailout, credit crunch
Paris :: IL :: USA
| 2 days ago
French consumer spending, the main driver of growth in the euro zone's second-largest economy, fell abruptly in October, suggesting France may yet follow its neighbors Germany and Britain into recession. French households' spending on manufactured goods...
Tags: recession, german, economy, worst, euro, Germany, consumer spending
Atlanta :: GA :: USA
| 2 days ago
The Dow Jones Industrial average and the S&P 500 continued their perpetual slides Thursday, fueling fears of a recession as investors pulled out of stocks to flock to treasuries. The Dow Jones dropped 444.99 points—5.56 percent—to 7,522.29 and the S&P...
Tags: dow jones industrial average, recession, stocks, dow, stocks fall, 500, economy, Dow Jones
Singapore :: Singapore
| 2 days ago
United States and Europe. Growth of the key exports this year is expected to be between -7.0 to -5.0 percent, down 3 percentage points from the earlier projection of -4.0 to -2.0 percent, while that for next year is expected to between -1.0 to 1.0...
Tags: economy, recession, exports, growth, global economy, global, Singapore, gdp
Singapore :: Singapore
| 2 days ago
Singapore growth set to contract next year By Jack Burton in Singapore Published: November 21 2008 04:58 Last updated: November 21 2008 04:58 Singapore, which has one of the world’s most open economies, said on Friday that gross domestic product will...
Tags: Singapore, economy, recession, global, based slowdown, Trade and Industry Ministry
Victoria :: Canada
| 2 days ago
Finance Minister Colin Hanson maintains that the province will not post a deficit budget. (CBC) B.C. will duck the looming global recession without running a deficit, and taxpayers will have an extra $70 in their wallets thanks to an economic relief...
Tags: recession, economy, global, finance minister, B.C
London :: United Kingdom
| 2 days ago
Fears of a severe recession gripped financial markets on Thursday as dire US unemployment figures helped drive long-term interest rates to record lows. Economic news across the world was almost uniformly bad as slumping Japanese exports threatened to...
Tags: recession, dow jones, economy, global, japan, 000, unemployment
Houston :: TX :: USA
| 3 days ago
OIL prices closed lower for a fourth straight session in New York, depleted by fresh evidence of weak demand and growing stockpiles. Light, sweet crude for December delivery dropped US77c, or 1.4 per cent, to settle at $US53.62 a barrel on the New York...
Tags: oil price, oil, recession, energy, gas, oil drops below $50, New York Mercantile Exchange, sweet crude, market, citigroup, steep sell, stock showed, Citigroup Inc.
