Monthly Archives:  August 2011

  • Unilever Reports Highest Price Growth Since 2009

    Full Story | 8th August 2011
    Unilever reported the highest price growth in more than two years as it introduced products such as Magnum ice cream and Knorr jelly bouillon in new markets and passed on surging input costs. So-called underlying .
  • Stocks after the downgrade

    Full Story | 8th August 2011
    Standard & Poor’ decision late Friday to downgrade the United States’ credit rating sparked fear and many questions: Would stocks tank, first in Asia Sunday night and then in New York Monday morning? Would interest .
  • Biggest Foreign Buyers Set to Stick With Treasuries

    Full Story | 8th August 2011
    Biggest Foreign Buyers Set to Stick With Treasuries After U.S. Downgrade Asian states are likely to retain their U.S. Treasury holdings for now and European governments have expressed confidence in the world’s largest economy after .
  • Market News

    Full Story | 7th August 2011
    European Markets European Markets are called to open positive this morning. Asian Markets Asian Markets are trading higher in the current session. US Markets U.S. stocks ended in negative territory on Tuesday. Events this week .
  • RBS Swings to Loss on Greek Writedowns

    Full Story | 5th August 2011
    Royal Bank of Scotland Group Plc (RBS), Britain’s biggest government-controlled bank, swung into loss in the first half after writing down the value of its Greek debt and setting aside funds to compensate insurance customers. .
  • Market News

    Full Story | 5th August 2011
    European Markets European markets are called to open negative this morning. Asian Markets Asian stocks fell the most since March, extending a global rout, and the region’s bonds gained, while commodities dropped for an eighth .
  • Prudential H111 profit up 25%

    Full Story | 5th August 2011
    Prudential Plc , Britain’ biggest insurer, reported a bigger-than-expected 25 percent rise in half-year profit, helped by strong growth in highly profitable Southeast Asian markets. Prudential made an operating profit of 1.06 billion pounds in .
  • US -Initial jobless claims fall to 400,000

    Full Story | 4th August 2011
    Initial claims for unemployment insurance payments in the U.S. fell last week to a level that shows limited improvement in the labor market. Applications for jobless benefits decreased 1,000 in the week ended July 30 .
  • Axa First-Half Net Income Quadruples

    Full Story | 4th August 2011
    Axa SA (CS), Europe’s second-largest insurer, said first-half profit more than quadrupled on gains from asset disposals in China, Australia and New Zealand. Net income rose to 4 billion euros ($5.7 billion) from 944 million .