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Post Online Media
Post Online Media Magazine

Business: Page 1341

Sever weather destroyed builder confidence
New single family homeFebruary 19, 2014 ET
Unusually severe weather conditions across much of the nation along with continued concerns over the cost and availability of labor and lots caused builder confidence to drop.
Economic crime rising globally, all sectors suffer
Economic crimeFebruary 19, 2014 ET
Economic crime against businesses and other organisations continues to rise around the world. Some 37% of respondents, a 3% rise since 2011, say they have been victims of economic crime, according to PwC's 2014 Global Economic Crime Survey.
Demand for gold at unprecedented levels, China largest market
GoldFebruary 19, 2014 ET
Consumers around the world bought gold in record amounts in 2013, led by demand in China and India, with China becoming the world's biggest gold market, according to the latest World Gold Council Gold Demand Trends report.
Foreign exchange reserves in Russia decreased to $490.2 billion
Russia rubleFebruary 19, 2014 ET
Russia's foreign exchange reserves, including monetary gold, special drawing rights, reserve position at the International Monetary Fund (IMF) and forex declined to $490.2 billion as of February 7, 2014.
Norway had record surplus in January
NorwayFebruary 19, 2014 ET
Surplus in Norway's merchandise trade rose to a record in January, Statistics Norway said. The trade surplus climbed to NOK 48.79 billion from NOK 34.40 billion in the same month last year.
Restaurant sales in U.S. cooled in January
RestaurantFebruary 19, 2014 ET
The National Restaurant Association's chief economist Bruce Grindy announced that restaurant sales fell for the second consecutive month in January after hitting a record high in November.
U.K. inflation below BOE's target
LondonFebruary 19, 2014 ET
U.K. inflation cooled in January, slowing to below the Bank of England's 2 percent target. Consumer prices rose an annual 1.9 percent, down from 2 percent in December, the Office for National Statistics said.
A thousand cities back 2030 energy target
Vaxjo Sweden greenFebruary 19, 2014 ET
An alliance representing more than a thousand European cities wrote to Herman Van Rompuy, the president of the European Council, calling for binding 2030 targets of 40% for energy efficiency, and 30% for renewable energy, in line with a European Parliament proposal.
Empire State business conditions improved marginally
New YorkFebruary 18, 2014 ET
The February 2014 Empire State Manufacturing Survey indicates that business conditions improved marginally for New York manufacturers.
Credibility of Chinese companies at low level
Chinese companyFebruary 18, 2014 ET
The credibility of Chinese companies has yet to improve. Worldwide research by public relations firm Edelman showed only 36% of interviewees trust companies headquartered in China, just a little higher than for companies in India
Peruvian grape export skyrocketed
Peruvian grapeFebruary 18, 2014 ET
The first three months of the table grape's export season (from October to December 2013) amounted to $314.5 million, 21.4% more than in the same period of the previous campaign (2012/2013), according to Adex.
ADX: UAE bourses should unify back offices
UAE stock marketsFebruary 18, 2014 ET
Stock markets in the United Arab Emirates should unify their back office operations and processes for settlement and regulation, according to Emirates 24/7.