Tokyo stocks down on worries about domestic finances, strong yen
Tokyo - Stocks lost ground in Tuesday morning trading in Tokyo due to concerns about the state of government and private sector finances and the stronger yen. The benchmark Nikkei 225 Stock Average lost 50.32 points, or 0.53 per cent, to stand at 9,4...
[Posted on :
2009-11-24 ] Category : [
Business ]
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German business confidence set to rise
Berlin - German business confidence rose for the eighth consecutive month in November, analysts predict a key survey to be released Tuesday will say, as signs emerge that recovery is gaining ground in Europe's biggest economy. In a major test of the ...
[Posted on :
2009-11-24 ] Category : [
Business ]
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US stocks gain on surprise home sales recovery
New York - US stocks surged Monday after the release of some surprisingly buoyant data on home sales. Existing home sales surged to 6.1 million units in October, the highest annualized rate since February 2007 and up 10.1 per cent from September, acc...
[Posted on :
2009-11-23 ] Category : [
US (Business) ]
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Chief executive of German truckmaker MAN quits - Summary
Munich - Hakan Samuelsson, the Swedish-born chief executive of MAN, is unexpectedly stepping down from his post, the German bus- and truckmaking conglomerate said Monday in Munich. It said his immediate departure was at his own wish. Georg Pachta- Re...
[Posted on :
2009-11-23 ] Category : [
Business ]
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Frankfurt Stock Exchange quotations 23 November 2009
Frankfurt - Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: DAX5,801.48 (+138.33) MDAX 7,370.57 (+220.72) Adidas36.47 (+1.15) Allianz 85.20 (+2.04) BASF41....
[Posted on :
2009-11-23 ] Category : [
Business ]
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GMto present restructuring plan this week - Summary
Brussels - General Motors is to present a restructuring plan for its European subsidiary this week, officials said Monday after holding talks in Brussels aimed at averting a subsidies war between the five European Union countries which host Opel pl...
[Posted on :
2009-11-23 ] Category : [
Business ]
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