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Japan’s factory output rose at the slowest pace in four months in July and retail sales fell, underscoring the challenge for the incoming government to sustain an economic recovery.
Production climbed 1.9 percent from June, when it rose 2.3 percent, the Trade Ministry said today in Tokyo. Economists surveyed by Bloomberg expected a 1.4 […]
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The roughly 370,000 employees of Volkswagen and Porsche are striving initially to acquire a stake of up to 5 percent in the automotive group, VW’s labor chief told a German newspaper.
“I don’t know how much we will end up with. It certainly won’t be 10 percent overnight, but between one and five percent to […]
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The U.S. economy took a first step toward recovering from the worst recession since the 1930s in the second quarter as companies reduced inventories, spending started to climb and profits grew.
Gross domestic product shrank at a 1 percent annual rate from April to June, less than the 1.5 percent decline projected by […]
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The worst U.S. housing market since the Great Depression may be on the mend after prices rose in 18 of 20 U.S. cities in June, existing home sales hit a two-year high, and new home sales gained for a fourth consecutive month.
“The sense that something is changing is definitely in the air,” said […]
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Sales of new houses and orders for long-lasting goods in the U.S. probably increased in July as the rebound from the worst recession since the 1930s broadened, economists said before reports today.
New-home purchases rose 1.6 percent to a 390,000 annual pace, the highest level in eight months, according to the median forecast of […]
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Remember about five or six years ago when the open source software movement was going to beat the stuffing out of software giants like Microsoft, Oracle and Sun? That hasn’t exactly happened.
Only one company, Red Hat took the open source approach: Hundreds (if not thousands) of volunteers work on a piece of software — […]
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Sales of existing U.S. homes jumped more than forecast in July to the highest level in almost two years, signaling the housing crisis that crippled the world’s largest economy is easing.
Purchases climbed 7.2 percent to a 5.24 million annual rate, the most since August 2007, the National Association of Realtors said today in […]
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Taiwan’s economy probably shrank at a slower pace in the second quarter as exports to China improved, indicating the island may be recovering from its first recession since 2001.
Gross domestic product contracted 7.8 percent in the three months through June, according to the median estimate in a Bloomberg News survey of 17 economists, […]
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Foreigners renewed purchases of American financial assets in June, as investors sought safe haven in Treasuries amid concerns about the timing of a recovery in financial markets and economies worldwide.
Total net purchases of long-term equities, notes and bonds were a net $90.7 billion, more than forecast and compared with net sales of $19.4 […]
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Spain’s economy contracted more than forecast in the second quarter, suggesting a recovery in Germany and France has yet to reach a country that was once an engine of growth for the euro region.
Gross domestic product declined 1 percent from the previous quarter, when it shrank 1.9 percent, the Madrid-based National Statistics Institute […]
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