More info needed on house sales September 20, 2011 Energy efficiency ratings are studied by housebuyers, and sustainability information should be treated in the same way according to the Royal Institute of Chartered Surveyors (RICS). Environmental factors including energy, waste, water and flooding should be considered, the group said. Similarly, social issues like accessibility, health and wellbeing impact on housebuyers’ requirements but are not [...]
Canadian wholesale trade grows September 20, 2011 Wholesale trade grew by 0.8 per cent in July from June, helped by strong business investment in machinery and equipment, Statistics Canada announced yesterday. After removing the effects of the currency’s appreciation against the US dollar, which lowered prices for imported goods sold by wholesalers, sales rose by 1.5 per cent. However, the agency revised [...]
Productivity weak in UK as US holds lead September 20, 2011 PRODUCTIVITY in the UK is weak and economic freedom is in decline, according to figures released yesterday by the Office for National Statistics (ONS) and the Fraser Institute respectively. Of the G7 rich democracies, only Japan’s workers produced less each than the UK’s in 2010. On an hourly basis British workers perform slightly better, beating [...]
German PPI down last month September 20, 2011 Falling prices have hit Germany’s producers for the first time since December 2009, the Federal Statistics Office announced yesterday. The Producer Price Index (PPI) fell by 0.3 per cent, month-on-month, in August. That compares with a 0.7 per cent increase in the month before. Prices are up on an annual basis, rising by 5.5 per [...]
Brazilian inflation up again September 20, 2011 Consumer prices rose more than expected in Brazil in the month to mid-September. The benchmark price index rose 0.53 per cent, the national statistics agency said yesterday, led by rising food prices. That was faster than the 0.27 per cent rise in August. Analysts warned that the uptick in prices underscored the riskiness of the [...]
Asian demand boosts Oz output September 20, 2011 Australia lifted its projections for iron ore output and exports yesterday, defying concerns over the global economy as Asian demand roars along. Exports are expected to hit 449m tonnes next financial year. That is an increase of three per cent on earlier predictions, according to a report from the Bureau of Resources and Energy.
BEST OF THE BROKERS September 20, 2011 ANGLO AMERICAN Citi rates the mining group as “buy/medium risk” with a target price of £35, saying that pressure put on its shares by global economic concerns have left it attracitvely priced. The broker says near-term production growth should drive cash flow over the next two years. However, it has also reduced its earnings forecasts by [...]
FTSE makes gains on lower volumes September 20, 2011 THE FTSE 100 index rose two per cent yesterday as traders said dividend hunters tapped into beaten-down defensives and there was some short-covering ahead of a Federal Reserve meeting on US monetary policy options. Oil stocks including BP, pharmaceuticals including GlaxoSmithKline and telecoms including Vodafone were among those adding most points to the index. But [...]
Wall St awaits Fed decision as Greece stalls September 20, 2011 US stocks ended little changed yesterday as investors waited to see if the US Federal Reserve would offer more economic stimulus and if Greece made progress in talks to avoid a default. In the lowest volume session since late August, the market gave up earlier gains of about one per cent as investors were wary [...]
Replicate innovators’ disruptive DNA September 20, 2011 “SO what makes innovators different from the rest of us? Most of us believe this question has been answered. It’s a genetic endowment. Some people are right brained, which allows them to be more intuitive and divergent thinkers. Either you have it or you don’t. But does research really support this idea? Our research confirms [...]
