According to our latest research report “Brazil Automobile Forecast to 2013”, Brazil is one of the fastest growing automobile manufacturing markets in the world and sixth largest in terms of automobile production. On the back of strong domestic demand and government initiatives, the country’s hybrid vehicle sale has been witnessing positive growth rates for the [...]
Jun 4 2011 | Posted in
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Victoria, London ( Seerpress ) May 25, 2011 – To get the best results from the Cover 4 Fleet Insurance H.A.D. safety program, one of the final ingredients is to continually review and enhance the H.A.D. (Heightened Awareness Driving) fleet policy. As your organisation makes the program its own, ongoing value and lessons can be [...]
May 29 2011 | Posted in
Finance |
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Search engine giant Google will sell bonds for the first time, in order to increase its domestic cash reserves by $3bn, at a time when a drop in US Treasury yields have caused corporate borrowing costs to fall to record lows. Google will sell three, five, and ten year bonds. There are several reasons for [...]
May 17 2011 | Posted in
Finance |
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U.S, inflation increased by 3.2 percent for the 12 months ending on April 30th, 2011, the fastest annual increase in 2 ½ years, according to a Labor Department report released on Friday. The government attributed more than 50 percent of the increase to surging energy prices, with gas prices increasing more than 33.1 percent [...]
May 13 2011 | Posted in
Finance |
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China raised bank reserves again for the fifth time this year by half a point to increase levels for country’s largest lenders to a record 21 percent. The half point increase is effective on May 18th. Deutsche Bank AG and Goldman Sachs Group Inc. yesterday said borrowing costs have already been pushed up four times [...]
May 12 2011 | Posted in
Finance |
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China’s trade surplus increased to $11.4 billion in April after posting an unusual trade deficit for the first quarter of 2011, which is likely to give U.S. officials more leverage as they try to pressure the world’s second largest economy to allow its currency to appreciate at a faster pace. Officials from the United States [...]
May 10 2011 | Posted in
Finance |
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Wells Fargo Bank appointed former Cantor Fitzgerald executive John Jinishian to head its West Coast technology mergers and acquisitions division to forge new deals with Silicon Valley companies. Also hired by Wells Fargo is Peter Stabler who will head the unit that will handle digital media and advertising as well as the bank’s Internet business. [...]
May 4 2011 | Posted in
Finance |
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News of Osama Bin Laden’s death helped revive a sagging U.S. dollar, from 73.02 on the U.S. dollar index, nearly a three year low, to 73.27 in currency trading in Asia on Monday. The U.S. dollar was trading at 73.17 at 3:30 Hong Kong time on Monday. The U.S. dollar index measures the strength of [...]
May 4 2011 | Posted in
Finance |
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High tax refunds are the cause of India’s current cash crunch, so the Indian government will provide for its funding needs by issuing cash management bills until June, according to a senior finance ministry official on Friday. Cash management bills are a non-standard short term borrowing instrument that lasts less than 91 days that [...]
Apr 29 2011 | Posted in
Finance |
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The Yuan strengthened for the seventh week in a row, breaking through the 6.5 per dollar level for the first time since 1993, prompting speculation that the central bank will let it appreciate in order to ease inflation which is now growing at its fastest rate in two years. China’s currency policy was expected to [...]
Apr 29 2011 | Posted in
Finance |
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