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Wednesday 26 January 2011
THE Bank of Japan revised up its inflation forecast yesterday, a move that reflects the impact of recent rises in commodity prices. Consumer price index (CPI) inflation will reach 0.3 per cent in the next financial year, it said.
Wednesday 26 January 2011
INDIA’S reserve bank raised the repo rate at which it lends to banks by 0.25 per cent to 6.5 per cent yesterday, in a bid to clamp down on resurgent inflation.
Wednesday 26 January 2011
Germany’s relentless recovery received another boost yesterday, as consumer confidence figures showed yet a further increase. The household confidence index is expected to rise to 5.7 next month.
Wednesday 26 January 2011
French consumption of manufactured goods rose 0.6 per cent in December compared to November, boosted by the final weeks of a government subsidisation scheme for car purchases. The rise was nonetheless above forecasts.
Wednesday 26 January 2011
GLOBAL unemployment will be at the top of the agenda at Davos this year, with one official of the World Economic Forum warning that the biggest danger for 2011 is the possibility of a “jobless recovery”.
Wednesday 26 January 2011
A BREAKDOWN in cyber security is now one of the five major risks facing the global economy, according to World Econmic Forum founder Klaus Schwab.
Wednesday 26 January 2011
COMPANY bosses are in a positive mood about economic growth over the next year, with confidence levels amongst chief executives almost back to the levels seen in 2008.
Wednesday 26 January 2011
GROUP CHIEF EXECUTIVE, AVIVA
Wednesday 26 January 2011
EUROPE needs to strengthen its financial rescue fund to reduce the risk of renewed global instability, the International Monetary Fund (IMF) said yesterday.
Wednesday 26 January 2011
US ECONOMY US PRESIDENT Barak Obama yesterday endorsed a five-year freeze on discretionary government spending to help bridge the yawning US budget deficit.
Wednesday 26 January 2011
THE US pilot who safely landed a plane carrying 155 passengers on the Hudson River yesterday urged political and business leaders in Davos to look beyond short-term results to deliver long-term benefits.
Wednesday 26 January 2011
DAVOS: WEDNESDAY 26 JAN The World Economic Forum Annual Meeting 2011 runs until Sunday 30 January. Davos is one hour ahead. All times are given here in UK time.
Wednesday 26 January 2011
IMAGINE if the top Premiership team, instead of honing its football skills, became obsessed by the performance of another, lower-ranking but fast-improving side.
Wednesday 26 January 2011
SIEMENS, Europe’s biggest engineering conglomerate and a German bellwether, beat profit forecasts due to robust demand in emerging economies and said signs for future sales were strong.
Wednesday 26 January 2011
CHINA’S Huawei Technologies has filed a lawsuit to block Motorola from selling one of its business units to Nokia Siemens Networks, demanding that the $1.2bn (£760m) deal be altered to avoid infringing on intellectual property rights.
Wednesday 26 January 2011
RSM Tenon
Wednesday 26 January 2011
ABERDEEN ASSET MANAGEMENT
Wednesday 26 January 2011
Amgen has agreed to buy BioVex, a closely held maker of experimental cancer drugs, for up to $1bn (£633m). An initial payment of $425m will be made, and as much as $575m in milestone payments.
Wednesday 26 January 2011
International Ferro Metals said sales of ferrochrome more than doubled in its second quarter on strong Asian demand for the stainless steel ingredient.
Wednesday 26 January 2011
BABCOCK International, the defence services group, delivered an upbeat third-quarter trading statement yesterday saying that its strong order book made it “confident” of meeting its full-year targets.
Wednesday 26 January 2011
DUBAI’S DP World, the world’s third-largest container operator, saw sales rise 14 per cent higher in 2010 compared to the previous year, in a sign that at least parts of the world economy are gathering momentum.
Wednesday 26 January 2011
PAUL JONES | PANMURE GORDON
Wednesday 26 January 2011
Severn Trent said yesterday it has experienced higher levels of leakages so far this winter because of last month’s snow.
Tuesday 25 January 2011
US single-family home prices fell for a fifth straight month in November and could plumb new lows soon, a closely watched survey has shown.
Tuesday 25 January 2011
BlackRock Inc, the world's largest asset manager, reported a big jump in fourth-quarter profit and revenue, topping analysts' estimates, aided by the global stock market rally.
Tuesday 25 January 2011
The financial services regulator might ban some products, warn investors away from others and set price caps in a radical overhaul of its policies as part of a global crackdown on mis-selling to consumers.
Tuesday 25 January 2011
UK public borrowing increased by a lower-than-expected £16.8bn last month. The figure was below the £21bn borrowed a year earlier, according to the Office for National Statistics.
Tuesday 25 January 2011
The UK's economy suffered a shock contraction in the last three months of 2010, official figures have shown. The economy shrank by 0.5 per cent in the last quarter, the Office for National Statistics (ONS) said.
Tuesday 25 January 2011
Defence group Babcock said third-quarter trade had been strong and that the outlook for 2011 and beyond was positive despite defence budget cuts. Babcock said its order book was stable at about £12bn and the year ahead was positive.
Tuesday 25 January 2011
The International Monetary Fund expects global economic growth in 2011 to be just slightly slower than last year's rate of 4.75 per cent, its deputy managing director said on Monday.
Tuesday 25 January 2011
Siemens, Europe's biggest engineering conglomerate, beat forecasts for its first-quarter profit helped by robust demand in fast-growing emerging economies.
Tuesday 25 January 2011
The government said it was thinking about referring News Corp's proposed £7.5bn buyout of BSkyB for a prolonged investigation.
Tuesday 25 January 2011
Software firm Misys said it would return the remaining proceeds of its Allscripts disposal, equal to 38 pence a share, to shareholders, and said the recent closing of deals kept its core business on track.
Tuesday 25 January 2011
SIR RICHARD Lambert, the outgoing head of employers’ organisation the CBI, launched a scathing attack on the government yesterday, accusing it of pursuing policies that may harm economic growth.
Tuesday 25 January 2011
HSBC’S new chief executive Stuart Gulliver is set to remain a UK resident for tax purposes – making London his main residence.
Tuesday 25 January 2011
LONDON contributes far more to the Exchequer than it receives in public spending, a report will say today.
Tuesday 25 January 2011
GOOD on Sir Richard Lambert, the usually mild-mannered outgoing boss of the CBI, for taking the government to task over its abject lack of pro-growth policies.
Tuesday 25 January 2011
FINANCIAL TIMES
Tuesday 25 January 2011
THE IRISH government will bring forward its general election to late next month if the country’s crucial Finance Bill can be passed this week, with 25 February touted as a likely date.
Tuesday 25 January 2011
Alexander Jackson, co-founder of UK hedge fund Polygon Investment Partners, has been ousted from the board of a listed credit vehicle he helped set up six years ago.
Tuesday 25 January 2011
Spain's savings banks have seven months to raise capital through private investors or the state will partially take them over, economy minister Elena Salgado said yesterday.
Tuesday 25 January 2011
THE RACE to succeed Vodafone chairman Sir John Bond looks set to be won by Philips’ chief executive Gerard Kleisterlee.
Tuesday 25 January 2011
TO FURTHER its ongoing financial education initiative, the Institute of Chartered Accountants is launching a national business game in schools across the country.
Tuesday 25 January 2011
THE FINANCIAL Services Authority (FSA) has frozen pay for its 3,300 staff members for a second year running, chief executive Hector Sants told staff in an email yesterday.
Tuesday 25 January 2011
THE number of high-value <a href="http://www.fentons.co.uk/personal-injury-services/" target="_new">personal injury claims</a> has soared 72 per
Tuesday 25 January 2011
TWO BRITONS ARE said to be among the dead after a suspected suicide bomb attack at Moscow’s largest airport yesterday killed at least 35 people and injured more than 100.
Tuesday 25 January 2011
US CREDIT card lender American Express reported fourth-quarter profits of $1.1bn (£687.8m), up 48 per cent from $716m a year ago.
Tuesday 25 January 2011
McDONALD’S has reported a nine per cent rise in global profits for 2010 with net profits of $4.95bn (£3.1bn) across its business, despite a slowdown in both fourth-quarter profits and sales.
Tuesday 25 January 2011
OILFIELD service company Halliburton yesterday posted higher-than-expected profits, boosted by oil projects in North America, and forecast steady growth elsewhere even if pricing competition is tough.
Tuesday 25 January 2011
MICROCHIP producer Texas Instruments earnings increased by 44 per cent in the fourth quarter due to strong demand for its products.

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