|
|
|
Economics News and Commentary |
| |
News: BBC News: Economy
US retail sales in surprise rise
US retail sales showed a surprise rise in February as consumers braved extreme bad weather to get to the shops
New mortgages 'halved in January'
The number of mortgages agreed with house buyers fell 49% in January from the month before, mortgage lenders say.
China oil demand is 'astonishing'
Oil demand in China rose by an "astonishing" 28% in January compared with a year ago, the International Energy Agency says.
Eurozone industry grows strongly
Factory output in the eurozone rose 1.7% between December and January, the biggest monthly rise since records began.
China hits back at Obama on yuan
China has hit back at comments by US President Barack Obama that Beijing should change its currency strategy.
New York banking gains on London
New York and London have been ranked as the joint-top global financial centres according to new research.
'No giveaway Budget' says Darling
Chancellor Alistair Darling warns people not to expect a "giveaway" when he unveils his Budget later this month.
World airline sector 'recovering'
The global airline industry will recover strongly this year, as passenger and freight numbers improve, its trade body says.
US trade deficit in surprise fall
The US trade deficit narrowed unexpectedly in January as fewer foreign cars and less crude oil were imported.
Japan's economic growth rate cut
Japan's economy grew by less than first estimated in the final quarter of 2009, revised government figures show.
China inflation at 16-month high
Chinese inflation hit a 16-month high in February, leading to calls for the government to take measures to cool the economy.
High-speed rail plans announced
Plans for a new high-speed rail line between London and Birmingham are announced by Transport Secretary Lord Adonis.
Greeks stage fresh general strike
Greek public and transport services grind to a halt and clashes break out during a third strike over austerity measures.
US reports record budget deficit
The US government records a budget deficit of $221bn (£147.6bn) in February - the largest monthly deficit in its history.
UK economy 'still growing weakly'
The UK economy grew by 0.3% in the December to February period, says the National Institute of Economic and Social Research.
UK industrial output falls back
Industrial production in the UK fell unexpectedly in January, dropping by 0.4% form December, official data has shown.
German exports fall unexpectedly
German exports fell unexpectedly in January, with analysts saying that the cold weather that month was to blame.
Economic storm not over, says PM
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
China's exports see big increase
China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.
Top public servants' pay frozen
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.
Insurers 'face $7bn Chile bill'
The earthquake in Chile may cost the global insurance industry as much as $7bn (£4.7bn), Swiss Re estimates.
Feathers fly: Bank of America sorry for confiscating parrot
Bank of America has apologised to a woman in Pennsylvania after one of its contractors entered her house and confiscated her parrot.
Fighting poverty
How Malawi hopes social enterprise will help
Robert Peston
Man Utd: The takeover maths in detail
Booting up Brazil
Brazil exploits potential as web use spreads
Tough task
Economic challenge for new president in quake-hit Chile .
Dotcom Crash
10 years on from the burst Nasdaq bubble
Stephanomics
Activist PM is no fan of 'letting things take their course'
|
|
|
|
|
