English news - Business 1954

2007-10-03 03:56:00

BERLIN (AFP) - Exactly 17 years after German reunification, the exodus of people from the former East Germany continues and politicians are grappling for ways to stem the tide. A survey released this week showed that a third of young women in the former c

2007-10-03 03:52:00

LONDON (AFP) - The Bank of England is widely forecast to hold interest rates at 5.75 percent Thursday after recent financial markets turmoil forced the central bank to rescue troubled lender Northern Rock. The BoE froze rates in early September, arguing t

2007-10-03 02:20:00

LONDON (Reuters) - JC Flowers, the private equity group that has expressed interest in troubled UK mortgage bank Northern Rock, has secured about 15 billion pounds ($30.64 billion) of funding which could be used for a takeover, the Financial Times rep

2007-10-03 02:02:00

CHICAGO (AFP) - US auto sales continued to slip in September amid an industry slowdown sparked by economic uncertainty and massive production cuts at struggling US automakers. The Big Three US automakers took a hit from planned reductions in low-margin sa

2007-10-03 01:07:00

LONDON (Reuters) - Consumer morale picked up last month before the funding crisis at mortgage lender Northern Rock became front-page news, a survey showed on Wednesday. Improved confidence in the job market and a greater willingness to spend lifted the Na

2007-10-03 01:06:00

LONDON (Reuters) - Wages growth for permanent staff in Britain fell to its slowest in more than a year in September but demand for workers steadied, a survey showed on Wednesday. The KPMG/REC report on jobs showed the index gauging salaries for permanent

2007-10-03 00:47:49

By Orla Ryan Ghana Giant trucks thunder out of Ghana's tropical forests, loaded high with huge logs. Raw logs cannot be exported under Ghanaian law Chopped, sawn and milled, these logs bring in valuable foreign exchange revenue for the West African count

2007-10-03 00:39:43

By Orla Ryan Ghana Giant trucks thunder out of Ghana\'s tropical forests, loaded high with huge logs. Raw logs cannot be exported under Ghanaian law Chopped, sawn and milled, these logs bring in valuable foreign exchange revenue for the West African count

2007-10-03 00:37:00

MOSCOW (AFP) - Russian gas monopoly Gazprom warned Tuesday it would cut gas supplies to Ukraine, which transports 80 percent of Russian gas supplies to western Europe, if Kiev did not pay over a billion dollars in debt this month. The warning revived a lo

2007-10-02 22:43:00

NEW YORK (Reuters) - The numbers of millionaire households globally grew by 14 percent in 2006 from 2005 and now control a third of the estimated $100 trillion (49 trillion pounds) in wealth, a new study by Boston Consulting Group released on Tuesday