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Archive for November 24th, 2007Strikes, recession fears cast shadow over US holiday seasonPosted by UK Economy News
In UK financial news
24Nov 07 Strikes by entertainment workers, fears of a looming recession and warnings about toxic toys lining store shelves are all threatening to put a damper on the holiday season in the United States.
Read full story US shoppers defy economic blues at Thanksgiving holiday salesPosted by UK Economy News
In UK financial news
24Nov 07 Shoppers in the United States brushed off some gloomy economic forecasts and rushed into stores during the Thanksgiving Day weekend, kicking off one of the busiest US shopping periods of the year.
Read full story Comments Off Airbus wants support for A350 jetsPosted by UK Economy News
In UK financial news
24Nov 07 European planemaker Airbus believes that German and French governments must help the company which stands to lose billions of euros due to the weak dollar, the newspaper Euro am Sonntag said.
Read full story Comments Off EADS says weak dollar “existential threat” for AirbusPosted by UK Economy News
In UK financial news
24Nov 07 The rapid decline of the dollar poses an "existential" long-term threat to European planemaker Airbus, which will need to move production to the United States and rein in development plans, the head of Airbus parent EADS said.
Read full story Comments Off Iran oil minister not ruling out hike in outputPosted by UK Economy News
In UK financial news
24Nov 07 Iran's oil minister said Saturday that OPEC's number two exporter has not ruled out an increase in output in the face of soaring prices.
Read full story Comments Off Sarkozy links “fair” yuan to balanced global tiesPosted by UK Economy News
In UK financial news
24Nov 07 A fair exchange rate for the Chinese yuan is a critical component of balanced global ties, French President Nicolas Sarkozy told Xinhua news agency.
Read full story Comments Off Brown hopes for world trade deal soonPosted by UK Economy News
In UK financial news
24Nov 07 Prime Minister Gordon Brown said on Saturday he hoped for agreement on a new world trade deal within weeks.
Read full story Comments Off Sarkozy links “fair” yuan to balanced global tiesPosted by UK Economy News
In UK financial news
24Nov 07 A fair exchange rate for the yuan is a critical component of balanced global ties, French President Nicolas Sarkozy told Xinhua news agency.
Read full story Comments Off Work begins on Ivory Coast oil pipelinePosted by UK Economy News
In UK financial news
24Nov 07 Ivory Coast President Laurent Gbagbo has inaugurated construction of an oil pipeline linking the economic capital Abidjan with the country's interior, the presidency said Friday.
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