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Improved Tax Cooperation a Boost to Restoring Financial Confidence

added: 16-03-2009

Risk of Non-Payment in Online Retail Lower for Women Than for Men

added: 16-03-2009

In European online retailing, risks of non-payment are lower for women than for men. This is indicated by a lower chargeback ratio, which describes the share of credit card transactions which had to be charged back after the cardholder's rejection. At roughly 0.10%, female consumers' non-payment ratio for online purchases paid for by credit card is only half that of male customers. One year before the opposite was true.

2008 Global Upstream Oil & Gas Transaction Value Fell 32%

added: 16-03-2009

Global mergers and acquisition (M&A) upstream transaction value plunged to $104 billion in 2008 from an annual average of nearly $160 billion in 2005-2007, according to the 2009 Global Upstream M&A Review prepared by IHS Herold Inc., an IHS company, and Harrison Lovegrove & Co., Ltd., a Standard Chartered group company.

IDC Predicts Worldwide Mobile Phone Shipments To Fall 8.3% in 2009

added: 13-03-2009

The worldwide mobile phone market felt the full effects of the economic crisis in the fourth quarter of 2008 as shipments fell 11.6% year over year, marking the first time the holiday quarter has not recorded double digit growth in seven years. This closed out a year that was dismal at best, yet overall 2008 managed to grow 4.3% over 2007. This has set the stage for what IDC predicts to be a very rough 2009, with the most recent market forecast anticipating growth of -8.3% for the year.

Manpower Employment Outlook Survey Reveals Continuation of Global Hiring Slowdown Through the Second Quarter of 2009

added: 11-03-2009

The Manpower Employment Outlook Survey of global hiring trends reveals that employers worldwide say they will continue to cut back on hiring in the second quarter of 2009 compared to one year ago, with U.S. employers reporting the gloomiest outlook since the 1982 recession. In the Asia Pacific region, labor market conditions are expected to deteriorate at a surprisingly rapid rate.

OECD unemployment rate continues to rise at 6.9% in January 2009

added: 10-03-2009

The unemployment rate for the OECD area was 6.9% in January 2009, 0.1 percentage point higher than the previous month and 1.3 percentage points higher than a year earlier.

Fitch: African Telecoms Growth is Expected to Continue

added: 10-03-2009

Fitch Ratings says in a special report that Africa's telecommunications sector is set to continue to grow and eventually undergo a consolidation phase.

Global Financial Market Losses Reach $50 Trillion

added: 09-03-2009

The global financial crisis slashed the value of financial assets worldwide by a massive $50 trillion last year, with developing Asia suffering more than other emerging market regions.

Crisis Reveals Growing Finance Gaps for Developing Countries: Poorer Countries Are Short Of $270- $700 billion for 2009

added: 09-03-2009

Developing countries face a financing shortfall of $270-700 billion this year, as private sector creditors shun emerging markets, and only one quarter of the most vulnerable countries have the resources to prevent a rise in poverty, the World Bank said.

148 Million Mobile Data Roaming Subscribers This Year

added: 09-03-2009

Travelers have long been familiar with the roaming services available for cellular voice calls. Now that 3G networks are widely deployed, similar roaming functions are being made available for data services including MMS and mobile Internet access.. Explored in a new ABI Research Brief, these arrangements are already generating revenues in the billions of dollars.

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