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British retail sales decreases 0.3 pct in Sept.

 Economy
Oct 242014
 

Britain’s retail sales volume declined by 0.3 percent compared with August 2014, though it increased by 2.7 percent in September 2014 compared with September 2013, the Office for National Statistics (ONS) said on Thursday.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

Lloyds Banking Group said to cut 9,000 jobs in next three years

 Economy
Oct 232014
 

Lloyds Banking Group, one of the largest high street banks in Britain, Wednesday is reported to cut about 9,000 jobs, or 11 percent of its workforce, in the next three years.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/photo/2014-10/23/c_133735725.htm’ target=’_blank’>U.S. Fed Board Governors hold open meeting in Washington D.C.</a>

 Economy
Oct 232014
 

U.S. Fed Board Governors held an open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

Crude prices fall as U.S. supplies rise

 Economy
Oct 232014
 

Crude prices went down Wednesday as U.S. crude supplies of last week increased more than expected.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

U.S. consumer prices up 0.1 pct in September

 Economy
Oct 232014
 

U.S. consumer prices rose slightly in September, better than market expectation, the Labor Department said on Wednesday.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

U.S. stocks pull back from big rally

 Economy
Oct 232014
 

U.S. stocks retreated Wednesday, as investors looked for excuses to sell stocks after the S&P 500 posted its best day of the year in the previous session.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

BoE policy makers opinions’ split on rate raise for 3rd month

 Economy
Oct 232014
 

Two out of the nine-member Monetary Policy Committee (MPC) of Bank of England (BoE) voted to raise benchmark interest rate, according the central bank’s meeting minutes published on Wednesday.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

Vietnam pledges to narrow economic gap with other countries: president

 Economy
Oct 232014
 

Vietnam will maximize its efforts to narrow economic gap with other countries, Vietnamese President Truong Tan Sang said on Wednesday.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

Energy drilling in Cypiot offshore plot going smoothly: ministry

 Economy
Oct 232014
 

Drilling by an Italian-South Korean energy consortium for natural gas in a section of Cyprus’ exclusive economic zone is going on normally despite harassment by Turkish navy vessels, the Cypriot Energy Ministry said in a statement on Wednesday.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

Austrians highest money savers in CEE: Erste Group

 Economy
Oct 232014
 

Austrians are the highest money savers in Central and Eastern Europe (CEE), saving on average 238 U.S. dollars a month, Erste Group reported in its Savings Barometer Wednesday.

 Posted by XINHUANEWS at 8:00 pm  No Responses »
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