Business

October 14, 2011

G20 ministers meeting to discuss eurozone debt crisis

Finance ministers from the G20 group of nations are meeting in Paris to continue efforts to find a…

October 14, 2011

S&P downgrades Spain on weak growth outlook

Standard & Poor's (S&P) has cut Spain's long-term credit rating by one notch, from AA to AA-, because of weak growth and high levels of private sector debt. The ratings agency added that the country's high unemployment would remain a drag on the…

October 13, 2011

Google profits and revenue surge in the third quarter

Internet giant Google has reported a large rise in profits in the three months to…

October 13, 2011

JP Morgan profits fall due to eurozone crisis

Profits at JP Morgan Chase have fallen 4% as the continuing debt crisis in the eurozone hit its investment banking arm. The US bank made a net profit of $4.3bn (£2.7bn) in the three months to the end of September, compared with $4.4bn a year…

October 13, 2011

US trade deficit narrows to smallest in four months

The US trade deficit with the rest of the world narrowed in August to the smallest gap in four months, official figures have shown. The trade gap narrowed to $45.61bn (£29.1bn), from a revised $45.63bn in July, the Commerce Department said.…

October 13, 2011

Blackberry says services ‘fully restored’

Blackberry's founder Mike Lazaridis has said services are "fully restored" following a three-day global blackout. Millions of customers worldwide had their messaging and email service disrupted with many turning to Twitter to express their anger.…

October 13, 2011

US Congress votes through South Korea trade deal

US lawmakers have approved a long-delayed free trade agreement with South Korea, calling it the…

October 13, 2011

China’s trade growth decelerates amid global slowdown

China's trade growth slowed in September, raising fresh concerns about the impact of a global slowdown on its economy. Exports rose 17.1% in September, from a year earlier, but fell from a 24.5% growth in the previous month. Meanwhile, imports rose…

October 13, 2011

Slovak rivals reach deal to back EU bailout fund

Political rivals in Slovakia have agreed to support a crucial bill ratifying changes to the EU bailout fund in exchange for early elections. The bill was defeated in a first vote on Tuesday, after a coalition party and the main opposition…

October 12, 2011

Blackberry problems spread to the TCI, US & World

Problems with the Blackberry smartphone system appear have to spread…