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Business, consumer optimism slips in Europe
Business and consumer optimism in the 17 countries that use the euro fell in August, reinforcing fears that the region’s economy will slow in the months ahead as political leaders struggle to contain a crisis over government debt. The European Union’s economic sentiment index issued Tuesday fell … read full news Published: Tue, 30 Aug… »
Summer Gives No Sunshine To BA – US-FOREX.US
British Airways should have been raking back business in the last quarter as travelers took the skies for the early summer months. Instead, the airline posted its first loss in decades for the busy May-to-June period. The airline posted a loss of 106 million pounds in the three months to June. Sales tumbled by 12%… »
Reducing GDP Negatives – US-FOREX.US
The U.S. economy is in transition, and the reduction of negatives expected in the second quarter, gross domestic product, will be an important guide to the rest of the year.”The consumer is still weak, making this a business-led recovery, which isn’t perfect, but we’re moving in the right direction,” said Joe LaVorgna, chief U.S. economist… »
Something Rotten In U.K. Businesses – US-FOREX.US
Nobody likes to admit to being duped-especially businesses when they fall victim to fraud. But according to a report published on Thursday, it’s happening more than ever before in the United Kingdom. In the first six months of 2009, reported cases of business fraud cost British companies 1.5 billion. And with 2008′s total reported business… »