Search Results for 'Economy'

Efforts to repair economy and banks cited as reasons for inv...

TWO INVESTORS in the group taking a 34.9 per cent stake in Bank of Ireland have said that they invested in the bank on the basis of the Government’s efforts to repair the economy and the banks. Prem Watsa, founder of Canadian ins [...]

Posted On : Jul, 28 2011 | Comments : 0

Banks asked to help develop economy

The Pakistan Economy Watch (PEW) on Sunday said banks should play role in development of economy while government should limit borrowings to pave way for affordable private sector credit. Pakistan was not formed for banks rather ba [...]

Posted On : Nov, 22 2010 | Comments : 0

NZ airline offers economy-class bed seats

Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a catch -- passengers need to buy three seats to enjoy lie-down travel. The airline's "Skycouch& [...]

Posted On : Jan, 26 2010 | Comments : 0

Brazil Oil Review Slows With Economy, Gabrielli Says

Petroleo Brasileiro SA Chief Executive Officer Jose Sergio Gabrielli said a review of Brazilian oil laws isn’t yet finished and there is no timeline for delivery to the President. The global credit crunch and economic slowdown h [...]

Posted On : Mar, 26 2009 | Comments : 0

How will Obama tax plans work in this economy?

On the campaign trail, Barack Obama proposed more than a dozen tax changes that would affect individuals. The net effect would be to raise taxes on higher-income people and reduce them for low- and middle-income ones. Most of the ideas wer [...]

Posted On : Nov, 07 2008 | Comments : 0

China's Economy Grows 9%, Slowest Pace in Five Years

China's economy, the biggest contributor to global growth, expanded at the slowest pace in five years as the financial crisis cut demand for exports. Gross domestic product rose 9 percent in the third quarter from a year earlier, the stat [...]

Posted On : Oct, 20 2008 | Comments : 0

Economy weak but not enough for recession: report

The U.S. economy will shrink in the second quarter, but avoid a recession this year as housing's drag will ease in the second half, helping normal growth return next year, according to a UCLA Anderson Forecast report released on Tuesday. & [...]

Posted On : Mar, 11 2008 | Comments : 0

Sharp Drop in Jobs Adds to Grim Picture of U.S. Economy

The worst fears of consumers, investors and Washington officials were confirmed on Friday, as deepening paralysis on Wall Street collided with stark new evidence of falling employment and a likely recession. In a report that was far wors [...]

Posted On : Mar, 08 2008 | Comments : 0

Do Wal-Marts help the economy, or hurt it? The debate contin...

Wal-Mart's low prices may come with a hidden cost, according to a study in Social Science Quarterly. Looking across the 1990's, Penn State University economist Stephan Goetz and his colleagues compared poverty rates in US counties with new [...]

Posted On : Aug, 20 2007 | Comments : 0

Japan's Economy Grows at Fastest Pace in Three Years

Japan's economy expanded at the fastest pace in three years, exceeding the government's initial estimate, as surging exports prompted companies to increase spending on factories and machinery. The world's second-largest economy grew at an [...]