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IMF warns France on budget deficit

The International Monetary Fund has warned that France will miss its target of cutting its budget deficit to 3 per cent of output by 2013 unless it carries out more spending cuts.

30 2011 | Viewed: 839 | Analytics | Read full
Foreign investment in Brazil market dives 70%

Fresh foreign investment in Brazilian stocks plunged 70 per cent in the first half of 2011, dragging down a market that had been one of the hottest last year.

28 2011 | Viewed: 809 | Analytics | Read full
Analysis: United States gets closer to losing its AAA rating

The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse in Washington reduced hopes of an agreement to meaningfully cut the nation's budget deficit.

28 2011 | Viewed: 760 | Analytics | Read full
Facebook ad prices soar more than 74%

The cost of placing ads on Facebook is rising rapidly as more big brands begin to move their television and print spending on advertising onto the world's largest social network, two recent reports have revealed.

21 2011 | Viewed: 750 | Analytics | Read full
Shelved IPOs create logjam in Europe

The logjam of initial public offerings is building in Europe, after almost $10bn of flotations were shelved in the first half of the year due to market volatility and investors' disillusionment with recent listings.

21 2011 | Viewed: 561 | Analytics | Read full
Cisco to cut workforce by 15 percent, sell factory to Hon Hai

Cisco Systems plans to cut 15 percent of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1 billion as the network equipment maker tries to revive its fortunes.

21 2011 | Viewed: 503 | Analytics | Read full
Analysis: Press barons lose information monopoly in Twitter era

Britain's celebrities might no longer have to worry about the News of the World hacking phones or rifling their bins, but the manner of the paper's demise shows controlling information is getting much more difficult.

19 2011 | Viewed: 444 | Analytics | Read full
Pigs at front line in China inflation battle

When Pan Yongjie started in the pig industry 25 years ago, his classmates felt sorry for him because the job was considered too lowly for a college graduate.

18 2011 | Viewed: 438 | Analytics | Read full
Fragility fears weigh on renminbi

As concerns over the outlook for the Chinese economy intensify, currency traders have scaled back their bets that the renminbi will continue to strengthen against the dollar.

18 2011 | Viewed: 487 | Analytics | Read full
Currency war fears reignite in Brazil

The Brazilian real has soared to a 12-year high against the dollar, reigniting Brazil's currency war fears and worsening the economic headache for President Dilma Rousseff.

18 2011 | Viewed: 561 | Analytics | Read full
BG doubles Brazil reserves estimate

BG Group, the UK energy company, has doubled its oil reserves and resources estimates of the assets it holds in Brazil.

18 2011 | Viewed: 445 | Analytics | Read full
Crisis Slowed Migration to Industrialized Nations

Migration to industrialized countries slowed after the 2008 financial crisis, as demand for labor shrank along with many economies, a study showed on Tuesday.

14 2011 | Viewed: 530 | Analytics | Read full
Dont blame Moodys for a messy euro crisis

You can always gauge the temperature of the eurozone crisis by the blame game.

12 2011 | Viewed: 569 | Analytics | Read full
China Local Debt Hit $1.65 Trillion in 2010

BEIJING-China's local governments had amassed 10.7 trillion yuan ($1.65 trillion) of debt by the end of last year, Liu Jiayi, auditor general of the country's National Audit Office, said Monday. That's equal to more than a quarter of China's 2010 gross domestic product of 39.7983 trillion yuan.

6 2011 | Viewed: 596 | Analytics | Read full
Trades reveal China shift from dollar

China began diversifying away from the US dollar in earnest in the first four months of this year, most likely by buying far more European government debt than US dollar assets, according to estimates from Standard Chartered Bank.

22 2011 | Viewed: 967 | Analytics | Read full
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