News tagged with “global economy”. Found:
195 tagged news reports.
Your Search Returned 195 tagged news reports
Caterpillar reports first quarterly loss since 1992
Chicago :: IL :: USA | 7 months ago
Credibility
Caterpillar Inc. posted its first quarterly net loss since 1992 on Tuesday mainly due to lower sales caused by the economic crisis and a huge amount of layoff costs. In its first quarter financial report of 2009, the manufacturing giant saw a loss...
Tags: quarterly loss, Caterpillar Inc., billion dollars, global economy
World Bank: Growth in developing world slowing
Washington :: DC :: USA | 8 months ago
Credibility The deepening recession means growth in the developing world will slow to 2 percent this year, according to the World Bank , which predicts that economic activity will remain depressed for the next two years...Rapidly deteriorating financial and economic...
Tags: World Bank, global economy
Public 'backs economic reforms'
London :: United Kingdom | 8 months ago
Credibility The findings suggest that the public will be prepared to back plans if agreed at the London summit for global economic co-ordination. Russia, Japan, Mexico and India - which are all in the G20, there is not majority support for major changes to the international...
Tags: BBC World Service, major change, global economy, international economic, London
IMF Tweaks Loan Program
Washington :: DC :: USA | 8 months ago
Credibility The International Monetary Fund plans to sweeten a $100 billion lending program announced in October that didn't attract a single borrower. The new program of less-restrictive loans is designed to boost the Fund's standing as an authority in containing...
Tags: IMF, global economy, monetary funding, US Treasury, economic growth, treasury secretary, International Monetary Fund, Japan
Heavyweights drag market down
Hong Kong :: China | 8 months ago
Credibility News that Chinalco's bid for Rio Tinto would undergo further regulatory scrutiny, along with internal changes and falling commodity prices, sent shares plummeting yesterday. Meanwhile, although the world is not in a depression, according to a visiting...
Oil rises on potential OPEC cuts
Vienna :: Austria | 8 months ago
Credibility U.S. crude for April delivery was up $1.54 to $47.06 a barrel at 1:39 p.m...Earlier, crude rose as high as $48.83, the highest price since Jan. 7, when oil hit an intraday price of $49.09 a barrel. At an energy conference in Qatar, Abdullah al-Badri,...
Tags: OPEC, New York Mercantile Exchange, output cut, Qatar, Abdullah al-Badri, global economy, exporting countries, million barrels, cut output, oil rises
World Bank warns on developing countries
Washington :: DC :: USA | 8 months ago
Credibility Global recession could blow a $700bn hole in developing countries’ abilities to pay for imports and meet debt obligations, the World Bank is warning. With economic activity set to contract worldwide for the first time since World War II, trade forecast...
Tags: The World Bank, THE World Bank, global economy, World Bank Sunday, developing countries, world war, war ii, countries face
PC sales to suffer biggest drop
San Francisco :: CA :: USA | 9 months ago
Credibility Sales of PCs will total 257 million units this year, a fall of 11.9% compared with 2008, said information technology research company Gartner. The steepest decline to date was in 2001, when sales fell by 3.2%. The fall will be the result of slowing demand...
Tags: Gartner Inc., pcs shipments, global economy, million united, pcs industry, economy continues, extraordinary conditions, pcs lifetimes, research firm, firm gartner
Oil rises above $40
Seoul :: South Korea | 9 months ago
Credibility Oil rose above $40 a barrel on Monday, recovering from earlier losses, after sentiment was lifted by a report the U.S. government was in talks on increasing its stake in Citigroup. Further evidence the Organization of the Petroleum Exporting Countries...
Stocks fluctuate as investors worry about economy
New York City :: NY :: USA | 9 months ago
Credibility Investors took scant comfort Wednesday from the government's plans to revive the economy and the housing market. Wall Street showed little conviction after a steep sell-off Tuesday on worries about the global economy and banks in Eastern Europe. Several...
Tags: S&P, housing market, relief plans, stock fluctuated, Barack Obama, global economy, month lows, steep sell, scant comfort
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