LISBON: Portugal’s prime minister said Saturday he anticipated better-than-expected economic performance in 2011, but that the outlook for 2012 was gloomier than previously forecast, Dow Jones Newswires reported. View full post on Business Stories
Posts Tagged ‘growth’
British Chamber Of Commerce Forecasts 1.9 Percent Economic Expansion In 2011
December 6th, 2010
admin AHN News Staff London, England, United Kingdom (AHN) – The British Chamber of Commerce forecast over the weekend a 1.9 percent economic expansion for the country in 2011. It is actually a downgrade from the chamber’s September prediction of a 2.2 percent gross domestic product growth rate. The BCC explained the less rosy outlook to [...]
Britain’s Budget Office Forecasts Inflation To Outpace Income Growth
December 5th, 2010
admin AHN News Staff London, England, United Kingdom (AHN) – Britain’s Office for Budget Responsibility warned Monday that the country’s inflation rate would likely outpace income growth over the next two years. The OBR forecasts 2011 inflation rate at 2.8 percent, while average earnings will rise by only 2.2 percent. The higher Consumer Price Index outlook [...]
Car, Cigarette Sales Spur Surprise Economic Growth In Japan
November 17th, 2010
admin Lawrence Mijares – AHN News Contributor Tokyo, Japan (AHN) – Japan has posted a surprising 0.9 percent in its gross domestic product for the third quarter of July to September, up from the previous 0.4 percent in the second quarter. The surge, reported Monday, was mainly attributable to consumer spending on “green” cars before the [...]
British PM launches growth and jobs strategy
October 25th, 2010
admin LONDON: British Prime Minister David Cameron, fresh from unleashing the biggest public spending cuts in decades, vowed on Monday to help deliver private sector jobs and growth in a key speech to business chiefs. View full post on Business Stories
Nestle Reports Strong Nine-Month Sales
October 23rd, 2010
admin Kris Alingod – AHN News Contributor Vevey, Switzerland (AHN) – Nestle reported better-than-expected sales in the first nine months of the year on Friday and maintained its forecast for the full year. Sales from January through September grew to 82.8 billion Swiss francs ($85.2 billion), up 4.1 percent from 79.5 billion Swiss francs ($81.8 billion) [...]
Interest boosts Yes Bank profit by 58% to R176 cr
October 20th, 2010
admin Led by robust growth in interest income, Yes Bank today reported a 58 per cent rise in net profit at R176 crore during the second quarter ended September 2010, against Rs 112 crore in the year-ago period. View full post on Business Stories
U.S. Retail Sales Rise 0.6 Percent In September
October 18th, 2010
admin Linda Young – AHN News Writer Washington, DC, United States (AHN) – Retail sales rose 0.6 percent, to $367.7 billion, in September with motor vehicle sales accounting for much of the increase, according to the Commerce Department’s U.S. Census Bureau. In a statement released Friday, U.S. Commerce Secretary Gary Locke said that sales excluding motor [...]

Posted in
Tags: