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Business: Page 1344

UK consumer spending growth slows in January
UK consumerFebruary 11, 2014 ET
Consumer spending grew only marginally in the United Kingdom in January as consumers remained unsure about the economic conditions ahead, according to Barclaycard, which processes nearly 50% of all the UK's debit and credit card transactions.
Economic Advisers: More to be done for new jobs
EmploymentFebruary 11, 2014 ET
Businesses have added 8.5 million jobs over the last 47 months and the unemployment rate ticked down to its lowest level in more than five years. But the economy is still healing and steps are still needed to expand economic opportunity, said the Council of Economic Advisers.
Canada created 29,000 jobs in January
Canada workerFebruary 11, 2014 ET
According to Statistics Canada, the Canadian economy created 29,000 jobs in January 2014 (seasonally adjusted data). With this increase, employment in the past 12 months grew by a total of 146,000 jobs, up by 0.8 per cent.
Emerging markets growth weakest in four months
China street shopFebruary 11, 2014 ET
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI surveys, fell for the second month running in January to 51.4, from 51.6 in December.
All English regions, Wales started well in 2014
England factoryFebruary 11, 2014 ET
All nine English regions and Wales made a positive start to 2014 according to the latest Lloyds Bank Commercial Banking Regional Purchasing Managers' Index (PMI), with both private sector output and employment rising strongly.
North Dakota to help citizens, businesses with propane
North Dakota propaneFebruary 11, 2014 ET
Governor Jack Dalrymple said the state is taking several steps to assist North Dakota residents and businesses that rely on propane for heat.
Tunisia's trade deficit climbs to $540 million
Tunisia portFebruary 10, 2014 ET
The Tunisian trade deficit has increased in January, to 863.2 million dinars ($540 million), as against 769.6 million dinars ($480.4 million) in January 2013, according to the National Institute of Statistics (INS).
Asia-Pacific airlines needs nearly 13,000 new planes
BoeingFebruary 10, 2014 ET
Asia-Pacific airlines will need almost 13,000 new planes worth $1.9 trillion over the next two decades as rising wealth in the region fuels demand for air travel, according to Boeing.
Chinese dairy firms looking at M&As
Feihe DairyFebruary 10, 2014 ET
The heat of merger and acquisition activity in the domestic dairy industry is expected to reach its peak in May, with time ticking for smaller and medium-sized enterprises to find buyers, an industry insider has observed.
Italy exports kidswear worth 864 million euros
Italy kidswearFebruary 10, 2014 ET
Italy exported kidswear, including knitwear and woven apparel for boys and girls, worth 864 million euros in 2013, according to Sistema Moda Italia (SMI).
Russia says using Bitcoin as currency is illegal
BitcoinFebruary 10, 2014 ET
Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal.
Saudi Arabia and Sudan trade reached $4 billion
Saudi Arabia portFebruary 10, 2014 ET
The volume of trade exchange between Saudi Arabia and Sudan reached more than $4 billion, and poised to hit $8 billion (SR30 billion), Abdulhafeez Mohammed Ibrahim, ambassador of Sudan to Saudi Arabia, told local media.

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