Archive for April 25th, 2008
Friday, April 25th, 2008
European businesses remained cautiously optimistic about the economic future amid increasing uncertainties, according to a survey released on Thursday.
"Despite the numerous headwinds, BusinessEurope so far remains cautiously optimi ...
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Friday, April 25th, 2008
The German government on Thursday lowered its forecast for economic growth next year from 1.7 to 1.2percent, which would be the lowest level since 2005.
According to statement released by the German Economy Ministry, the government ...
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Friday, April 25th, 2008
The dollar rose against most major currencies on Thursday as a new jobless report and results of Ford Motor helped reinject optimism about the U.S. economy into the market.
The number of U.S. workers filing initial claims for unempl ...
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Friday, April 25th, 2008
Wall Street advanced Thursday on positive job data and Ford's earnings.
The U.S. Labor Department said first-time claims for state unemployment benefits fell to its lowest level in two months in the latest week.
Ford Motor C ...
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Friday, April 25th, 2008
Crude prices retreated Thursday as the U.S. dollar rebounded against euro.
The dollar rose against the 15-nation single currency Thursday giving investors a chance to lock in profits from oil's recent record run.
The dollar ...
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Friday, April 25th, 2008
New nanotechnology consumer products are coming on the U.S. market at the rate of 3-4 per week, according to the latest update to the nanotechnology consumer product inventory maintained by the Project on Emerging Nanotechnologies (PEN).
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Friday, April 25th, 2008
The price of gas will surge to 1.40 Canadian dollars (1.40 U.S. dollars) this summer and over 2.25 by 2012 as oil supplies continue to decrease, a Canadian economist projected Thursday.
Jeff Rubin, chief strategist and chief economi ...
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Friday, April 25th, 2008
Canada's economy will further slowdown to a near halt in the second quarter of this year, dragged by the U.S. slowdown and the global credit crunch, the Bank of Canada said Thursday.
The central bank said in its monetary policy repo ...
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