Posts Tagged ‘sector’

Eurozone private sector manufacturing and services shrank more in April

The eurozone saw it private sector contract sharply in April by one of its sharpest falls in nearly three years and its steepest decline since October, London-based Markit Economics said Friday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Eurozone service sector shrinks, raising recession fears

A new survey found that the eurozone’s service sector shrank in February raising fears of a looming recession in the 17-member nation region. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

China opposes EU’s emissions scheme

In what could lead to a trade war in the sector, China on Monday openly opposed the new European Union emissions plan, barring its airlines from imposing charges on carbon emissions. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Are All Penny Stocks Created Equal?

Are All Penny Stocks Created Equal? Article by Zach Soloman Amazingly enough, a number of American financial sector stocks were thrown into penny stock realm in the past two weeks. In the past few months, even bigger banks declared bankruptcy. The SEC defines penny stocks as “low-priced (below $ 5), speculative securities of very small [...]

Treasury ‘cash-grabs’ hurt energy sector, says Tim Yeo

A “catalogue of cash-grabs” by the Treasury has damaged vital investor confidence across the energy sector, Tim Yeo, chairman of the energy select committee, has argued. View full post on UK Business Stories

GCHQ expertise to help private sector

The UK’s intelligence listening post may sell specialist technology to help safeguard the private sector from online attacks View full post on UK Business Stories

China PMI falls unexpectedly in October

China’s manufacturing sector growth eased last month as the economy continued to show signs of slowing. View full post on UK Business Stories

U.S. equities give up early gains Friday following three days of gains

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The Dow Jones Industrial Average was off slightly in mid-afternoon trading on Friday following three days of triple-digit gains. Stocks initially rose in early trading following a better than expected jobs report. But downgrades by Fitch Ratings of Spain and Italy sent [...]

Crédit Agricole and SocGen downgraded

The downgrade in France’s two largest banks comes as the country’s financial sector struggles to convince the market it can manage any Greek default View full post on UK Business Stories

Alphabank and Eurobank merger to form the Greece’s largest bank

Diane Alter – AHN News Reporter Athens, Greece (AHN) – Greek stocks rose Monday on merger news that the nation’s second and third largest banks, Alphabank and Eurobank, agreed to combine in a deal that will create the nation’s largest bank. The announcement of the deal sent shares on the Athens Stock Exchange rising 10 [...]