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first_img KCS-content whatsapp whatsapp Italy raised its forecast for growth this year but trimmed its view for 2011, leaving its three-year deficit reduction programme on track. The Treasury now sees growth of 1.2 per cent of economic output this year, up from a previous estimate of one per cent, and of 1.3 per cent next year, down from 1.5 per cent previously. The government raised its debt forecast to 118.5 per cent of GDP this year and 119.2 per cent next year. Italy faces a period of sluggish growth after emerging from its worst post-war recession and the new forecasts underline the uncertainty facing country. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Italy ups its growth forecasts center_img Wednesday 29 September 2010 11:11 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼ Share Tags: NULLlast_img read more

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first_imgThursday 14 October 2010 9:09 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Private equity group HIG Capital will invest £62.5m in marketing firm Engine Group to help fund its expansion into the US, China and Brazil.The investment will consist of an initial £32.5m, followed by £30m over the next two years. HIG, which recently moved into new City offices, will eventually hold a stake of around 40 per cent in the Engine.The communications firm, which owns ad agency WCRS and PR group MHP, hopes the extra capital will help it grow exponentially as it moves into lucrative new markets.It is thought Engine, whose clients include News International and BSkyB, will drive its growth in these regions both organically and inorganically, with a string of acquisitions on the horizon.Engine decided to postpone a planned IPO earlier this year due to uncertain economic conditions.Engine chief executive Peter Scott said he hopes the new funding will help build his firm’s revenues from £59m to over £500m within five years. whatsapp Show Comments ▼ whatsapp Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULL KCS-content HIG invests £62m in Engine last_img read more

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first_img Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Royal Dutch Shell urged the US to adopt the tougher drilling rules applied in the North Sea, which it said could have helped prevent the mistakes that contributed to BP’s Gulf of Mexico oil spill.Shell chief financial officer Simon Henry said yesterday the US should forced everyone drilling a well to prepare a “safety case” – plans that examine all potential risks and defines who is responsible for all risk management tasks.“What we would like to see is that the regulations, as they evolve, match more clearly the European approach, which is always to identify all the hazards,” he told Reuters Insider TV in an interview.US lawmakers have criticised regulations on exploration in the Gulf of Mexico for not requiring oil companies to rigorously assess the risks of drilling. BP’s own investigation into the disaster said it was not clear whether BP staff or its drilling contractor were responsible for signing off on key safety tests for the rig, which exploded in April, causing the worst-ever oil spill in the US.Shell prepares safety cases for all its wells all over the world because it represents best practice, Henry said. Thursday 14 October 2010 9:21 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timescenter_img Shell urges US to adopt drilling rules KCS-content Show Comments ▼ whatsapp Tags: NULLlast_img read more

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first_img Show Comments ▼ whatsapp whatsapp THERE are always two sides to every story. In the main, as I have long been arguing, the global economy has bounced back. Friday’s strong job figures in the US – payrolls are up 400,000 in the past three months – severely embarrassed the bears and supporters of QE2, as did most of last week’s global economic indicators. Growth has returned, as increasingly are jobs, something we should all be cheering. But four major flash points are starting to worry me. The recovery would almost certainly be derailed were any of these to turn into full-blown crises. So they are worth watching closely. The first is that the latest leg of the US housing crisis is spiralling out of control and could inflict real damage to Wall Street, just when it seemed that the worst was over. Having one’s home repossessed is among the most awful things that can happen to anybody; but it is vital that the market be allowed to clear as speedily as possible and that those who cannot meet their contracted obligations be forced to move on. Lenders’ balance sheets need to be cleaned up speedily; losses must be taken and not drag on. Yet the opposite is now happening, with the robosigning scandal, caused by lenders’ sloppiness, triggering mass litigation and slowing things down.Bank of America is a worrying case in point: its share price is down by over a quarter in the past six months. The firm has been hit by lawsuits, with a group of bondholders demanding it repurchases $375bn in soured mortgages. This kind of punitive litigation is the last thing the financial system needs right now. It means that the US banking industry is facing renewed question marks, not least given that nobody really fully understands the new regulatory framework. The Republican seizure of the House of Representatives ought to suggest a welcome return towards free-market principles and a rupture with the big government interventionism of the Bush and Obama years. But what is now needed is a clear message from Congress about what would happen were another top financial institution to fail. Would it be bailed out – or would a proper, rational procedure be put into place to wipe out shareholders, hit bondholders and wind the firm down, as the Dodd-Frank financial reform bill is meant to ensure? The problem is that the bill is a giant muddle. Those who voted for it didn’t even read or understand most of it. It’s a nightmare of confusion and potential chaos. We need clarity on this – and fast. The second major risk is the possibility that one or several of the weaker Eurozone member states might fail. Yields on Club Med bonds have rocketed again; Germany and the European Central Bank are arguing over plans to create a resolution procedure for bust countries. Bailouts are no longer the answer; but global institutions would find it hard to cope with any proper haircut on their holdings. The legacy of moral hazard lives on.Then there is the prospect of a trade war and of increased capital controls all over the world, with the G20 summit in Seoul set to be marred by a row over QE2 and the weak greenback. Last but not least, flawed monetary policies are fuelling fresh bubbles in bonds, gold and commodities. At some point – perhaps in a few years’ time – these will burst. The economy is recovering strongly, but there are numerous ticking time bombs beneath all of us. Only a fool would ignore [email protected] Sunday 7 November 2010 9:23 pm Tags: NULLcenter_img Don’t ignore the ticking time bombs Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoDirect HealthyKate Silverton’s PartnerDirect HealthyUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org KCS-content last_img read more

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first_imgTuesday 23 November 2010 5:17 am Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times RETAILER Tesco plans to almost double selling space in central and eastern Europe over five years.On the third and final day of a trip with analysts to Asia, the world’s third-largest retailer said it aims to have 4.1 million square metres of selling space in its central and eastern European markets by 2014-15, up from around 2.2 million now.It also has high hopes for a hypermarket refurbishment programme, saying that average weekly sales at four recently refitted stores were up 19 per cent, with average weekly customer numbers up 14 per cent.Tesco and international rivals like Wal-Mart, Carrefour and Metro are expanding rapidly into emerging markets as they look to bolster sluggish growth in western Europe and the United States.Tesco yesterday said it aims to quadruple revenue in China to about £4bn over the next five years, by more than doubling its number of hypermarkets to over 200.The group runs about 850 stores in the Czech Republic, Hungary, Poland, Slovakia and Turkey.These generated sales of about £7.6bn, or around 12 per cent of the group total, in the year ended February 2010.Its expansion plans include opening more hypermarkets of over 5,000 square metres. But the largest proportion of the new openings will be compact hypermarkets of 2,000-4,000 square metres and smaller formats, such as its Express stores.“Our experience tells us that if we give customers the opportunity to shop in multiple formats, we will achieve higher market penetration, increased loyalty, greater brand reach,” Tesco said in presentation slides published on its website.The group said hypermarket refurbishments in central and eastern Europe included adding at least 5,000 new products, as well as services including phone shops, opticians, pharmacies and photoshops. Show Comments ▼ Sharecenter_img John Dunne whatsapp Tesco eyes Europe expansion whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Prooflast_img read more

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first_imgMonday 6 December 2010 8:37 pm New car sales fall for a fifth month as buyers still wary Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org KCS-content whatsappcenter_img whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com SALES of new cars in the UK fell again in November despite a looming VAT rise in January.Registrations were down 11.5 per cent to 139,875 compared with the same month last year, according to figures from the Society of Motor Manufacturers and Traders (SMMT). That represented the fifth consecutive monthly fall after the end of the scrappage scheme – which helped to inflate figures – in May.The VAT rise, which is due to come into place in January, has so far failed to trigger a rush of buyers to take advantage of the lower rate. However, stripping out previous car sales linked to the scrappage scheme, the SMMT claimed underlying sales were up 14 per cent.Diesel car sales continue to overtake those of petrol cars, accounting for 53 per cent of the market in November.SMMT chief executive Paul Everitt said: “Registrations are expected to fall next month, but demand may benefit from motorists looking to avoid the January VAT rise.“Next year will continue to be challenging as consumer spending tightens and the government’s austerity measures take effect.” Sales for the first 11 months of 2010 now stand at 1,907,029 – a 3.4 per cent rise on the January to November 2009 period.The SMMT expects car sales to be up two per cent overall next year, to be boosted by a strong December.However, it is forecasting a five per cent drop next year. The SMMT said there had been an upturn in the sale of fleet vehicles. Tags: NULLlast_img read more

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first_img BRITISH manufacturing has boosted the economy by growing for nine straight months, official data showed yesterday.The sector expanded by 0.6 per cent from September to October and was 5.8 per cent up on the same period last year, the Office for National Statistics (ONS) said.The rate of growth was the fastest since March and twice as high as anticipated by economists.The sector accounts for 12.8 per cent of GDP, according to Howard Archer of IHS Global Insight.“The more forward looking elements of the surveys offer hope that the manufacturing sector will start off 2011 well,” he said.Overall industrial production for October was down by 0.2 per cent on the previous month, yet this was affected by extremely volatile industries such as mining, said analysts.Industrial production was up by 3.3 per cent against October 2009.Employment in the sector rose for eight straight months, according to the Purchasing Managers Index (PMI) released by Markit last week.And on Monday EEF data showed manufacturing output “remaining at record levels for the third quarter in succession”. “Manufacturers are ending the year on a high,” said EEF’s Lee Hopley. Share KCS-content UK factory sector continues to drive recovery forwards More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: NULL whatsappcenter_img whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo Tuesday 7 December 2010 8:58 pm last_img read more

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first_img KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKansas coach fired for using N-word toward Black playerthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Estonia swaps kroon for euro The eurozone has gained another member even as economists issue dire warnings of further sovereign debt crises to come. Estonia is now in a transition period, with euro becoming legal tender on 1 January. Its national currency, the kroon, will cease to be accepted on 15 January, with banknotes being exchanged at all banks with cash services during the changeover period. The entry exchange rate is 15.65 kroon to €1. Since July last year, businesses have been displaying prices in both kroon and euros. whatsapp Show Comments ▼ whatsapp Share Monday 3 January 2011 10:22 pm Tags: NULLlast_img read more

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first_img KCS-content whatsapp whatsapp SURPRISINGLY strong manufacturing growth across the Eurozone saw stock markets start the year on the up.The opening hours of yesterday’s trading saw rises in the Euro Stoxx 50 (1.9 per cent), Germany’s DAX (1.5 per cent) and France’s CAC-40 (2.2 per cent), after it was revealed that manufacturing activity hit its highest level since last April’s 46-month peak.The sector has now been growing for 15 straight months, according to the Purchasing Managers’ Index (PMI) compiled by Markit.The Euro’s core economies continue to drive the recovery forwards, with Germany’s sector exceeding 60 points in the index and French PMI being revised up to 57.2 from an earlier estimate of 56.3.All ratings above 50 signal an increase in business activity.In 2009, Eurozone manufacturing averaged 43.3, reflecting a contraction in the industry. Yet now even troubled peripheral states such as Ireland and Spain are showing positive signs of growth.In Ireland the index reached its highest level since last May, with new orders and employment both increasing. And finished goods inventories were very low (45.5), suggesting that much of the activity will spill into the early months of this year.The positive outlook is reflected across the Eurozone, according to Howard Archer of IHS Global Insight.“Robust orders and rising backlogs of work bode well for manufacturing activity early in 2011,” he said.However, Greek factories are still reflecting the economic slump, with a negative PMI rating of 43.1 – down from 43.9 in November. And inflationary pressures throughout the euro area in yesterday’s figures offer a further downside. Average selling prices rose at their fastest rate since August 2008, as companies passed on sharply increasing input prices. Show Comments ▼ Manufacturing rise sends euro stocks upward Sharecenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Monday 3 January 2011 11:23 pm Tags: NULLlast_img read more

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first_img Chi-X Europe launches new exchange for CFDs Tags: NULL Share EUROPE’S second-largest equities market, Chi-X Europe, has begun trading centrally cleared contracts-for-difference (CFDs) for institutional investors.The new service, which will operate as a joint initiative with European clearing house LCH.Clearnet, could serve to keep the exchange ahead of regulatory moves to make the over-the-counter derivatives market more transparent.It aims to standardise the market for CFDs, which are often traded privately between brokers, making transactions invisible to the wider market. European regulators hope to force CFDs through exchanges and clearing houses under new legislation planned for this year, which will bring in pan-European controls for over-the-counter derivatives from 2012.The CFDs market was thought to be worth £1 trillion last year in the UK, according to the latest estimates by US research Tabb Group. Chi-X post trade services manager Nathan Renyard said: “With any new market that we launch it’s always a soft launch and you have to bring in clients slowly. This is a world first, so there’s some sense of educating people and bringing clients on board.“CFDs are an important market and we’re providing a service which we know the market needs.” Monday 10 January 2011 7:22 pm Show Comments ▼center_img whatsapp whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more

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