Economy

Irish Debt may Fall Further

John Corrigan the Chief Executive of NTMA (the National Treasury Management Agency) said that cost of funding in Ireland could fall further following the declining government debts of the country and increasing prospects of the economic growth.

He mentioned that there is a distinct schedule planned and that it will not be diverted from, until things improved significantly.

General: 
People: 

Sir David Jones faces Trial for Taking Loan from Rivals

Yesterday a jury heard that Sir David Jones, who is the ex- executive chairman of now defunct JJB Sports chain, may have taken a loan of £3m from two well-known figures in the retail business when he faced heavy debts, most probably for gambling. The business of JJB Sports failed in 2012.

Companies: 
General: 
People: 

China’s economic growth slips to lowest since Sep. 2012

The pace of China's economic growth in the first quarter of this year slipped to its lowest level since September of 2012, suggesting persistent weakness in the world's second-largest economy.

General: 
Region: 

Debenhams stock jumps despite drastic fall in profits

Department store group Debenhams reported a steep decline in profits, but the poor performance could not shake investors' trust in the group.

Debenhams announced that its pre-tax profits slipped 25 per cent year-on-year to £85.2 million in the 26 weeks through 1 March, 2014. The decline was in line with the warning that it had issued in late December.

Companies: 
General: 

Nigeria’s CPI rises marginally in March

Consumer Price Index (CPI) in Nigeria increased marginally in the month of March, mainly due to higher prices of food products, the National Bureau of Statistics (NBS) said in its latest report.

The just released NBS report said CPI, which measures rate of inflation, jumped from 7.7 per cent in February to 7.8 per cent in March this year.

General: 
Region: 

Pages

Subscribe to RSS - Economy