economy

With the insipid economic recovery and the persistently high unemployment rate chief among voters’ concerns, the US president sought to use Detroit as an example of how his government had saved jobs
2010 07 30

The question is whether the rebound is the start of something bigger, or simply another false dawn
2010 07 30

US growth slowed to an annualised rate of 2.4 per cent in the second quarter but robust business demand suggested that the economy would avoid a feared “double dip” that could drag the world back into recession
2010 07 30

Reliance Big Entertainment and Universal Studios are close to signing an agreement to build a $1.5bn film-themed resort with a Bollywood twist
2010 07 30

Europe’s top politicians are united in seeking to send out a message of moderation this summer, as they stay close to home for the holidays
2010 07 30

A senior Beijing official’s reference to China as the ‘world’s second-largest economy’ has sparked excited speculation that Asia’s new powerhouse may have already reached a long-looming milestone by surpassing Japan
2010 07 30

Nigeria’s parliament is poised to adopt legislation aimed at transforming the country’s troubled oil and gas industry and will delay a parliamentary recess in August to see it through, the country’s oil minister told the Financial Times
2010 07 30

Rise partly reflects VAT increases in southern European countries hit by the crisis over public finances, with price pressures expected to remain moderate in the months ahead
2010 07 30

The data promise to bolster the government’s economic message ahead of the September 19 election, with recent polls showing the four-party Alliance edging ahead of the Red-Green opposition
2010 07 30

Latest household employment survey reveals that 32,800 additional people had joined the dole queue in the three months to the end of June, taking the total to 4.65m, or 20.09 per cent of the active population
2010 07 30