Arcive of financial news
Thailand’s exports in November contracted the most in at least 17 years as a global recession cooled demand and the closure of the country’s main international airports last month disrupted shipments.
Shipments fell 18.6 percent from a year earlier to $11.87 billion, Permanent Secretary for Commerce Siripol Yodmuangcharoen said in Bangkok today. It’s the […]
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German business confidence dropped to the lowest in more than a quarter century in December as the credit crisis pushes Europe’s largest economy deeper into a recession.
The Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, fell to 82.6 from 85.8 in the previous month. That’s […]
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Turkish Prime Minister Recep Tayyip Erdogan says his $700 billion economy doesn't need more help from the International Monetary Fund to fight the credit crisis. Yes it does, business leaders say.
The leaders, who have mostly backed Erdogan's policies as he presided over a record 26 quarters of economic growth, say Turkey needs the […]
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Europe's economy contracted in the second quarter as company investment and consumer spending declined, putting the region on the brink of a recession. Gross domestic product fell 0.2 percent from the previous quarter, the European Union statistics office in Luxembourg said today, confirming a Sept. 3 estimate. Corporate investment dropped 1 percent and household […]
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Bellatore Financial Inc. Monday said it has agreed to acquire San Francisco-based Advisor Partners LLC as a wholly-owned subsidiary and completed a financial agreement to acquire Colorado-based Capital Allocation & Management.
Advisor Partners offers portfolio solutions, including customized core equity portfolios with the added benefit of tax management. It reports $350 million in assets under management […]
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Democrats seized on U.S. job losses to assail Republican presidential candidate John McCain and presented Barack Obama as the best steward of an economy seized by the worst financial crisis since the Great Depression.
“John McCain doesn't seem to understand that this crisis isn't two weeks old,'' Ohio Governor Ted Strickland said today in […]
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The Business Committee for the Arts Inc. has named H&R Block Inc. as one of its 10 Best Companies Supporting the Arts in America for 2008.
Kansas City-based Block (NYSE: HRB) and the H&R Block Foundation have contributed more than $12 million to the arts in the past 10 years, the BCA said in a release.
H&R […]
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Canadian Prime Minister Stephen Harper, vying for re-election on Oct. 14, signaled his government can do little to help resolve the financial crisis that he and his Group of Seven colleagues say was caused by U.S. policies.
Poor oversight, cheap credit and a tax structure that may encourage housing bubbles are among the reasons […]
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The U.S. trade deficit widened more than forecast in July as oil imports soared to a record, overshadowing gains in exports.
The gap grew 5.7 percent to $62.2 billion, the largest in 16 months, from a revised $58.8 billion in June that was bigger than previously estimated, the Commerce Department said today in Washington. […]
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Mediware Information Systems Inc. reported lower fourth-quarter and fiscal 2008 earnings and revenue compared with the prior year.
In a release before the market opened on Wednesday, the Lenexa-based company (Nasdaq: MEDW) reported earnings of $728,000, or 9 cents a share, for the year that ended June 30. This is a 69 percent decrease from $2.3 […]
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