October 29th, 2010
Unemployment in the eurozone edged up in September, defying hopes that rapid economic growth in the previous months would translate into a swift recovery for the labour market.
The jobless rate in the 16-member currency bloc reached 10.1 per cent, its highest level since the creation of the single currency in 1999, according to seasonally-adjusted data [...]
Filed under: Business, Europe by lrenz
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July 1st, 2007
The US and South Korea sign a free trade agreement, the biggest such deal the US has sealed in 15 years.
Filed under: Business by lrenz
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May 10th, 2007
The fierce rivalry between the chip makers Intel and Advanced Micro Devices is ratcheting up as both companies claim superiority in technology used for notebook computers.
On Wednesday, Intel introduced an upgrade to its popular Centrino chip set for notebook computers that it says is far more energy-efficient, uses a faster processor and features much improved [...]
Filed under: Business, Science, USA by lrenz
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January 22nd, 2007
Here comes a new Windows operating system from Microsoft.
It’s launch long delayed Microsoft plans an enormous marketing campaign to promote the software as a way to get more out of computers.
But detractors are rolling their eyes and saying the new Windows is nothing more than a weak imitator of other operating systems. And [...]
Filed under: Business, Science, USA by lrenz
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January 19th, 2007
Shares of IBM Corp. fell nearly five per cent Friday even though the computer services giant generated healthy fourth-quarter profits as the company rode cost cuts and software acquisitions to boost its bottom line.IBM’s earnings report, released after the market closed Thursday, showed an 11 per cent gain in net profit, to US$3.54 billion, or [...]
Filed under: Business by lrenz
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January 13th, 2007
For the second time in less than three months, OPEC is considering calling an emergency meeting to rescue plunging crude oil prices. It’s enough to give oil traders a sense of deja vu, harkening back to October when futures prices swirled amid a flurry of will-they or won’t-they headlines.
Prices swayed in a broad $1.45 range [...]
Filed under: Business by lrenz
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