Xorte. World news: USA, European, Asian news. Stock market, currency, commodity market news.

Home › All articles

Global Investment in Renewable Energy Reaches $100 Billion

added: 05-05-2008

High oil prices and an array of government incentives are leading to soaring rates of investment in renewable energy, according to the United Nations' annual "Global Trends in Sustainable Energy Investment" report.

Governments and Industry Should Invest More in Financial Education, warns OECD

added: 30-04-2008

Many people have a poor understanding of the financial issues that affect their lives, according to OECD analysis. To help them, OECD countries have agreed new good practices on financial education relating to private pensions and insurance that call on governments and business to work together to improve financial literacy in order to give people the tools they need to secure their future.

Annual Inflation in the OECD Area at 3.5% in March 2008

added: 30-04-2008

Consumer prices in the OECD area rose by 3.5% in the year to March 2008 compared with 3.4% in the year to February 2008. On a monthly basis, the price level rose by 0.7% in March, compared with 0.3% in February.

Global Economy Is Losing Momentum

added: 28-04-2008

While new home sales hit another record low, new orders for durable goods recovered a little in March. The picture painted by the latest batch of data is one that looks like a slow economy but one not necessarily falling deeper into the hole. Meanwhile, the fact that some of the numbers aren't worse suggests that the worst is past and robust growth is just around the corner.

Mobile Payments to Grow

added: 26-04-2008

Gartner forecasts that the number of mobile payment users will reach 103.9 million globally in 2011, up from 32.9 million in 2008.

Motorola, Sony Ericsson and Apple Lose Global Handset Market share in Q1 2008

added: 25-04-2008

According to the latest research from Strategy Analytics, global mobile handset shipments grew a healthy 14 percent year-over-year, to reach 282 million units in Q1 2008. Motorola, Sony Ericsson and Apple all lost marketshare.

Japan and the EU Account for Nearly 40% of Global GDP

added: 25-04-2008

EUROCHAMBRES, the Association of European Chambers of Commerce and Industry, and the European Business Council (EBC), the trade policy arm of the 18 European national chambers of commerce and business associations in Japan, jointly call for Japanese and EU leaders to take the opportunity of the EU-Japan summit this week to move ahead in bringing the EU and Japan closer together.

Worldwide Mobile Phone Market Grows 14.3%

added: 25-04-2008

The worldwide mobile phone market experienced an expected sequential downturn in shipments following a busy holiday quarter. According to IDC’s Worldwide Quarterly Mobile Phone Tracker, vendors shipped a total of 291.6 million units during the first quarter of 2008 (1Q08), down 11.6% from the 330.8 million units shipped during the previous quarter (4Q07) and up 14.3% from the 255.0 million units shipped during 1Q07.

Fitch: Pressure on Global Bank Ratings Intensifies in Q108

added: 24-04-2008

Fitch Ratings says the ongoing illiquid and volatile conditions in global financial markets are continuing to put pressure on bank ratings. In Q108, the negative shift in the ratio of Positive to Negative Outlooks continued, while the number of negative rating actions taken during the quarter remained at a comparatively high level.

Bank Bailouts Continue

added: 23-04-2008

The list of banks rescuing and recapitalising themselves shows no sign of stopping. Last week we saw $US7 billion deals for US banks like Washington Mutual, Wachovia Corp and JP Morgan. This week we saw Ohio bank, National City flog up to $US7 billion (perhaps a bit more) of new shares (and severely dilute existing shareholders). Citigroup sold $US6 billion in so-called hybrid stock that qualify as debt and equity.

Sites : [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] next »

Menu

Home › All articles