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The Conference Board Consumer Confidence Index Declines
added: 25-04-2007

The Conference Board Consumer Confidence Index, which had decreased in March, retreated further in April. The Index now stands at 104.0 (1985=100), down from 108.2 in March. The Present Situation Index decreased to 131.3 from 138.5 in March. The Expectations Index declined to 85.8 from 87.9.

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Small Businesses Uneasy About Economy
added: 25-04-2007

America's small businesses are facing challenging times. Increasing costs are forcing small-business owners to drop health care coverage and embrace sweeping health care reform, while difficulty accessing adequate capital is slowing business growth.
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LUKOIL Net Income Rose by 16.2% in 2006
added: 25-04-2007

LUKOIL net income was $7,484 million in 2006, which is an increase of 16.2% y-o-y. EBITDA was $12,299 million, which is 18.2% higher y-o-y. Revenue from sales rose by 21.4%, to $67,684 million.
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Millionaires Now Exceed 9 Million Households in US
added: 25-04-2007

In The Affluent Market Tracking Study, the latest report in a series of twice-yearly surveys by The American Affluence Research Center (AARC) 80% of the affluent respondents in the sample reported a net worth of $1 million or more and 37% reported investable assets of $1 million or more.

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Beer Industry Contributes Billions Annually to U.S. Economy
added: 25-04-2007

America's beer industry, made up of brewers, beer importers, beer distributors, brewer suppliers, and retailers, directly and indirectly contributes nearly $190 billion annually to the U.S. economy according to a new economic impact study.
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EP: Cheaper Cross-Border Payments on the Way
added: 24-04-2007

MEPs have adopted a legal framework designed to make cashless payments – such as card transactions, bank transfers and direct debits – simpler and cheaper, paving the way for the creation a single Euro payments area. A deal with the Council means the legislation will enter force at this first reading stage, giving the banking industry the time it needs to meet its 2010 target.
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Industrial new orders down by 0.7% in euro area in February
added: 24-04-2007

The euro area (EA13) industrial new orders index decreased by 0.7% in February 2007 compared with January 2007. The index fell by 0.1% in January and grew by 1.5% in December 2006. EU27 new orders remained stable in February 2007, after a decrease of 1.4% in January and an increase of 2.5% in December 2006. Excluding ships, railway and aerospace equipment industrial new orders grew by 0.5% in the euro area and by 1.8% in the EU27 in February 2007.

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Total VC Investment of USD2.181 Billion in Chinese Market in 2006
added: 24-04-2007

ChinaVenture recently issued the '2006 Venture Capital Report for the Chinese Market'. Statistics show that the total VC investment in the Chinese market was USD2.181 billion in 2006, with 63.3% for the TMT industry. Among the 99 VC/PE-backed exit deals, the exit type for 33% of the deals was overseas IPO. There were 41 newly raised funds in the Chinese VC market with a total financing of USD4.443 billion.
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China Surpasses France in Global Cosmetics and Toiletries Sales Rankings
added: 24-04-2007

Moving up two places in the global rankings and surpassing both France and Germany, China is now the third-largest market for cosmetics and toiletries. Sales in China grew by more than 13% from 2005 to 2006, according to data just released from Kline & Company.
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Usage and Payment Preferences of the U.S. Consumer Wallet
added: 24-04-2007

TransUnion and Edgar, Dunn & Company announced initial findings from the PaymentDynamics 2007 Preferred Payments Study on consumer payment preferences, attitudes and behavior. The 2007 study is the first such study to combine consumer credit risk characteristics with consumers' choices of all payment options, including cash, check, credit cards, debit cards, electronic payments and new online payment technologies.
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