Late-2000s recession in Europe http://www.globalpost.com/taxonomy/term/23590/all en GLOBAL MARKETS-Shares, oil dip, but growth prospects limit falls http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-shares-oil-dip-growth-prospects-limit-falls <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* World stocks ease 0.15 pct as new year rally fades</p> <p>* Bank stocks outperform on milder liquidity rules</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>* Brent crude dips below $111 a barrel</p> <p>By Richard Hubbard</p> <p>LONDON, Jan 7 (Reuters) - World stocks and oil prices eased<br /> on Monday ending a new year rally as some investors chose to<br /> book profits, but signs of a brightening global economic growth<br /> outlook limited the falls.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-shares-oil-dip-growth-prospects-limit-falls" target="_blank">read more</a></p> Business Central banks Company Location Deflation Economics Economy of the European Union Entertainment Euro Gold as an investment Inflation Investment Labor Late-2000s recession in Europe Law Macroeconomics oil Person Career Person Location Quantitative easing Quotation STOXX Thomson Reuters Mon, 07 Jan 2013 14:09:40 +0000 5731344 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks fall from 5-year high; euro rises http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Wall Street shares dial back from 5-year high</p> <p>* Euro rises on bets ECB might leave rates alone</p> <p>* Oil prices slip with stocks, growth view caps losses</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 7 (Reuters) - Wall Street stock prices<br /> retreated from five-year highs on Monday, while the euro rose<br /> against the dollar on bets the European Central Bank might<br /> refrain from signaling more interest rate cuts on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'état Economic history Economics Economy of the European Union Euro European Union Foreign exchange market Futures contract Labor Late-2000s financial crisis Late-2000s recession in Europe Law Person Career Person Location Quotation Stock market Thomson Reuters Tue, 08 Jan 2013 14:03:50 +0000 5731559 at http://www.globalpost.com British firms' confidence increased in fourth quarter - survey http://www.globalpost.com/dispatch/news/thomson-reuters/130108/british-firms-confidence-increased-fourth-quarter-survey <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>By Dasha Afanasieva</p> <p>LONDON, Jan 8 (Reuters) - British firms grew more confident<br /> in the last three months of 2012, suggesting the economy avoided<br /> contraction and is set for modest growth in the early part of<br /> this year, Britain's largest business survey showed on Tuesday.</p> <p>The survey of more than 7,000 firms by the British Chambers<br /> of Commerce contrasts sharply with the downbeat message last<br /> week from a set of closely watched polls of purchasing managers.<br /> They suggested Britain is slipping back into<br /> recession.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/british-firms-confidence-increased-fourth-quarter-survey" target="_blank">read more</a></p> Economics Economy of Paraguay Economy of the United Kingdom Entertainment Late-2000s recession in Europe Macroeconomics Person Career Quotation Recessions Thomson Reuters Tue, 08 Jan 2013 14:04:36 +0000 5731564 at http://www.globalpost.com European equities drop amid barrage of company results http://www.globalpost.com/dispatch/news/afp/130131/european-equities-drop-amid-barrage-company-results <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>European stock markets fell Thursday as dealers fretted over the shrinking US economy and a flood of company earnings news, with Madrid hit hard by poor results from eurozone banking giant Santander.</p> <p>London's FTSE 100 index of top companies slid 0.44 percent to 6,295.50 points in afternoon trading, as investors also digested earnings from a host of British companies including energy major Royal Dutch Shell and brewer Diageo.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/european-equities-drop-amid-barrage-company-results" target="_blank">read more</a></p> Entertainment Late-2000s recession in Europe Recessions Stock market AFP Thu, 31 Jan 2013 15:31:23 +0000 5741798 at http://www.globalpost.com US stocks open mixed on middling earnings http://www.globalpost.com/dispatch/news/afp/130131/us-stocks-open-mixed-middling-earnings <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US stocks opened mixed Thursday as the market sought direction from earnings reports.</p> <p>Facebook fell nearly more than three percent after its disappointing earnings, while Reseach in Motion, the Blackberry maker, lost 7.9 percent after introducing its new operating system and handsets.</p> <p>About an hour into trade, the Dow Jones Industrial Average was up 11.80 (0.08 percent) to 13,922.22.</p> <p>The broad-based S&amp;P 500 dropped 0.38 points (0.03 percent) to 1,501.58.</p> <p>The tech-heavy Nasdaq Composite rose 8.52 (0.27 percent) to 3,150.83.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/us-stocks-open-mixed-middling-earnings" target="_blank">read more</a></p> Dow Chemical Company Late-2000s recession in Europe Midland, Michigan AFP Thu, 31 Jan 2013 16:30:50 +0000 5741851 at http://www.globalpost.com European equities drop amid barrage of company results http://www.globalpost.com/dispatch/news/afp/130131/european-equities-drop-amid-barrage-company-results-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>European stock markets fell Thursday as dealers fretted over the shrinking US economy and a flood of company earnings news, with Madrid hit hard by poor results from eurozone banking giant Santander.</p> <p>London's FTSE 100 index of leading companies closed down 0.73 percent to 6,276.88 points as investors also digested earnings from a host of British companies including energy major Royal Dutch Shell and brewer Diageo.</p> <p>Frankfurt's DAX 30 gave up 0.45 percent to 7,776.05 points, and in Paris the CAC 40 fell 0.87 percent to 3,732.60 points.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/european-equities-drop-amid-barrage-company-results-0" target="_blank">read more</a></p> Entertainment Late-2000s recession in Europe Recessions Stock market AFP Thu, 31 Jan 2013 18:15:33 +0000 5742053 at http://www.globalpost.com Spain banks say ready to turn corner after bleak year http://www.globalpost.com/dispatch/news/afp/130205/spain-banks-say-ready-turn-corner-after-bleak-year <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spanish banks are poised for a return to normal activity in 2013 after setting aside billions of euros last year in provisions against potential losses on real-estate loans which holed their bottom line.</p> <p>Combined net profit at the country's six biggest banks plunged in 2012 by 82 percent to 1.86 billion owing mostly to the rise in their provisions.</p> <p>Banco Popular, which unlike its larger rivals has focused largely on the domestic market, paid the heaviest price, recording its first annual loss in its history.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/spain-banks-say-ready-turn-corner-after-bleak-year" target="_blank">read more</a></p> Business Economy of Spain Late-2000s recession in Europe Subprime mortgage crisis AFP Tue, 05 Feb 2013 12:31:02 +0000 5746314 at http://www.globalpost.com Spanish banks say ready to rally after bleak year http://www.globalpost.com/dispatch/news/afp/130205/spanish-banks-say-ready-rally-after-bleak-year <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spanish banks are poised for a return to normal activity in 2013 after setting aside billions of euros last year in provisions against potential losses on real-estate loans which holed their bottom line.</p> <p>Combined net profit at the country's six biggest banks plunged in 2012 by 82 percent to 1.86 billion owing mostly to the rise in their provisions.</p> <p>Banco Popular, which unlike its larger rivals has focused largely on the domestic market, paid the heaviest price, recording its first annual loss in its history.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/spanish-banks-say-ready-rally-after-bleak-year" target="_blank">read more</a></p> Business Economy of Spain Late-2000s recession in Europe Subprime mortgage crisis AFP Tue, 05 Feb 2013 12:31:06 +0000 5746315 at http://www.globalpost.com US trade gap plunges in December http://www.globalpost.com/dispatch/news/afp/130208/us-trade-gap-plunges-december <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The US trade deficit shrank sharply in December, official data showed Friday, raising speculation that fourth-quarter economic growth was better than estimated.</p> <p>The Commerce Department reported the trade gap narrowed 21 percent to $38.5 billion, its lowest level since January 2010, from a revised $48.6 billion in November.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130208/us-trade-gap-plunges-december" target="_blank">read more</a></p> Economy of Côte d'Ivoire Economy of the Arab League Late-2000s recession in Europe Politics USD AFP Fri, 08 Feb 2013 17:15:55 +0000 5750341 at http://www.globalpost.com WRAPUP 4-U.S. retail sales growth slows as higher taxes kick in http://www.globalpost.com/dispatch/news/thomson-reuters/130213/wrapup-2-us-retail-sales-growth-slows-higher-taxes-kick <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Retail sales edge up 0.1 percent in January * Core retail sales also gain 0.1 percent * Report suggests slowdown in pace of consumer spending By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. retail sales barely rose in January as tax increases and higher gasoline prices restrained spending, setting up the economy for only modest growth in the first quarter. The Commerce Department said on Wednesday retail sales edged up 0.1 percent after a 0.5 percent rise in December.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/wrapup-2-us-retail-sales-growth-slows-higher-taxes-kick" target="_blank">read more</a></p> Business Economics Economy of the United States Europe Gross domestic product Inflation Labor Late-2000s recession in Europe Thomson Reuters Wed, 13 Feb 2013 15:46:39 +0000 5754625 at http://www.globalpost.com U.S. retail sales growth pauses as higher taxes kick in http://www.globalpost.com/dispatch/news/thomson-reuters/130213/us-retail-sales-growth-pauses-higher-taxes-kick <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Feb 13 (Reuters) - U.S. retail sales barely rose in January as tax increases and higher gasoline prices restrained spending, suggesting a slowdown in the pace of consumer spending early in the first quarter.</p> <p>The Commerce Department said on Wednesday retail sales edged up 0.1 percent after an unrevised 0.5 percent rise in December.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/us-retail-sales-growth-pauses-higher-taxes-kick" target="_blank">read more</a></p> Business Economy of the United States Late-2000s recession in Europe Sales taxes in the United States Thomson Reuters Wed, 13 Feb 2013 23:15:18 +0000 5755126 at http://www.globalpost.com US consumers boost spending in January http://www.globalpost.com/dispatch/news/afp/130301/us-consumers-boost-spending-january <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US consumers increased spending in January despite a sharp drop in income linked to 2013 tax changes, government data released Friday showed.</p> <p>Personal spending, which accounts for about 70 percent of US economic activity, rose 0.2 percent in January, double the increase in December, the Commerce Department reported.</p> <p>Personal income dropped 3.6 percent after rising 2.6 percent in December.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130301/us-consumers-boost-spending-january" target="_blank">read more</a></p> Business Labor Late-2000s recession in Europe Law Personal consumption expenditures price index Price indices AFP Fri, 01 Mar 2013 14:46:29 +0000 5770948 at http://www.globalpost.com Portuguese economy contracts 3.2% in 2012 http://www.globalpost.com/dispatch/news/afp/130311/portuguese-economy-contracts-32-2012 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Portuguese economy contracted by 1.8 percent in the final three months of 2012, and by 3.2 percent for the year as a whole, final data released on Monday showed, as exports declined and households curbed their spending.</p> <p>The figures, which confirmed an initial estimate last month by the national statistics institute Ine, underscored that the struggling eurozone member remained in recession following an annualised drop of 1.6 percent in gross domestic product (GDP) in 2011.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130311/portuguese-economy-contracts-32-2012" target="_blank">read more</a></p> Business Economy of Grenada Economy of Portugal Labor Late-2000s recession in Europe AFP Mon, 11 Mar 2013 13:01:12 +0000 5779633 at http://www.globalpost.com British manufacturing output slumps in January http://www.globalpost.com/dispatch/news/afp/130312/british-manufacturing-output-slumps-january-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Britain's manufacturing output slumped by 1.5 percent in January compared with December, official data showed on Tuesday, dealing a fresh blow to the country's hopes of avoiding a fresh recession.</p> <p>The wider measure of industrial production -- which includes mining and quarrying, electricity, gas and water supply -- dropped by 1.2 percent in January from December, the Office for National Statistics added in a statement. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130312/british-manufacturing-output-slumps-january-0" target="_blank">read more</a></p> Economy of the United Kingdom Late-2000s recession in Europe Recessions AFP Tue, 12 Mar 2013 13:31:05 +0000 5780617 at http://www.globalpost.com Dollar falls against the yen; bond yields decline http://www.globalpost.com/dispatch/news/thomson-reuters/130313/global-shares-slip-after-seven-day-run-yen-gains-us-dollar <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Leah Schnurr</p> <p>NEW YORK (Reuters) - The U.S. dollar tumbled against the yen on Friday after the Bank of Japan left its monetary policy unchanged, while benchmark U.S. bond yields fell to near 4-1/2-month lows after the U.S. economy grew less than expected in the first quarter.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130313/global-shares-slip-after-seven-day-run-yen-gains-us-dollar" target="_blank">read more</a></p> Asia Bond Business Central bank Commodities market Currency Deflation Divided regions Dow Jones & Company Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'état Economic history Economic indicators Economics Economy of Asia Economy of Europe Economy of Japan Economy of the European Union Economy of the People's Republic of China Economy of the United States Environment Euro Europe European Central Bank European Union Finance Financial economics Financial regulation Foreign exchange market Futures contract Government debt Health Human Interest Inflation International trade Investment Japan Japanese yen Labor Late-2000s financial crisis Late-2000s recession in Europe Law Macroeconomics Matter Mizuho Securities Money Nicosia Nikkei 225 Numismatics Petroleum Political geography Politics Pound sterling Price of petroleum Procurement Recessions Short Social Issues Soft matter Stock market Stock market crashes Technology Terminology War Thomson Reuters Wed, 13 Mar 2013 15:45:36 +0000 5782309 at http://www.globalpost.com