EU assesses antitrust concessions by transatlantic airline all..
03-11-2010
- The European Commission on Wednesday invited comments from interested parties on concessions proposed by British Airways, American Airlines and Spanish carrier Iberia to address antitrust concerns.
The commission, the a..
Italy's GDP falls 5.1% in 2009, but positive signs appear in J..
03-11-2010
- Italy's gross domestic product (GDP) fell 5.1 percent in 2009, but some positive hints appeared in the first month of 2010, an Italian statistics agency said on Wednesday.
Istat,the Italian national statistical institut..
European parliament proposes to collect financial transaction ..
03-11-2010
- The European Parliament Wednesday proposed to collect financial transaction tax to curb excessive risk-taking of financial institutions and ensure the financial industry bears the damage of the financial crisis.
The par..
Australia's jobless rate reaches 5.3% in February
03-11-2010
- Australia's unemployment rate was 5.3 percent in February after a revised 5.2 percent in January, new data released Thursday showed.
The Australian Bureau of Statistics (ABS) announced on Thursday that the seasonally ad..
Unemployment up in California
03-11-2010
- California's jobless rate was 12.5 percent in January, up from 12.3 percent in December, the California Economic Development Department (EDD) announced on Wednesday.
The 12.5 percent unemployment rate was above the Janu..
China's banking regulator introduces performance guideline for..
03-11-2010
- China's banking regulator issued a guideline Wednesday requiring the country's commercial bank executives and employees' pay to be based on performance assessment in a move to align the pay system in the sector.
Under t..
China's housing prices hit new high in February
03-11-2010
- China's property market grew at the fastest pace in 20 months in February, with housing prices rising at a double digit rate, despite the government's cooling-down moves, according to data released Wednesday by the Natio..
China expected to stimulate world travel economy in 2010
03-11-2010
- Although the financial crisis of 2009 greatly affected all sectors of the travel industry, the World Travel Trends report released on Wednesday in Berlin predicted a slight recovery from some regions, including a strong ..
China moves to boost energy saving to meet 5-year goal
03-11-2010
- The Chinese government will adopt stricter measures to boost energy conservation this year to meet the goal set by an important five-year plan, Xie Zhenhua, vice minister of the National Development and Reform Commission..
Official: China never approves GM seed imports for commercial ..
03-10-2010
- China's Vice Agriculture Minister Wei Chao'an said here Wednesday that his ministry had never approved the import of any genetically modified seeds for commercial plantation in the country.
"There are no GM grain plants..
Authorities in California wooing China BYD automaker
03-10-2010
- A China automaker has made headlines in California as it is considering locating its U.S. office and assembly line in the state, local media reported on Tuesday.
The office and assembly line are expected to create high-..
Global recovery to boost 2010's FDI inflow in Philippines
03-10-2010
- The inflow of foreign direct investments to the Philippines is expected to be higher this year as the global recovery boosts investor confidence.
"There should be an upward drift in FDIs this year relative to 2009," Phi..