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Outsourcing Sees Strong Growth in 2008, Exceeding 2007 Values

added: 21-01-2009

TPI, a unit of Information Services Group Inc. revealed 2008 was a strong year for the outsourcing industry with both total contract and annualized contract values exceeding overall values for 2007. The TPI Index, which measures commercial contracts greater than $25 million, also showed that India-based providers made steady and significant increases in market share this year. However, it also indicates that the global financial crisis is impacting the form of outsourcing contracts as corporations focus on near-term concerns related to their day-to-day business.

Prime London Property Market Begins to Stabilise

added: 21-01-2009

House prices in prime London areas rose by 0.55% (GBP7,001) in December 2009, the second successive month of rising values, and are now 3.8% higher than in December 2007, according to Primelocation.com's latest House Price Index.

Private Company Statute: an Easier Way to Start up a Business in the EU

added: 21-01-2009

A proposed European Private Company Statute - an easier and less costly way to start up a business in the EU and take advantage of its single market - was backed by the Legal Affairs Committee on Tuesday. Members amended the text to prevent misuse and ensure respect for workers' rights. A legislative initiative to facilitate the transfer of companies within the EU was also approved by the committee.

Wind Energy Jobs to Double by 2020

added: 21-01-2009

The European wind energy sector has created 33 new jobs every day for the past five years, journalists attending the launch of a new report from the European Wind Energy Association (EWEA) heard. According to the report, entitled, "Wind at Work - wind energy and job creation in the EU", jobs in wind energy will more than double from 154,000 to 325,000 by 2020.

Senior Managers Lack Confidence in Corporate Leadership’s Plans to Counter Economic Crisis

added: 21-01-2009

A new survey conducted in December 2008 by Booz & Company of 828 senior managers across the globe finds that companies - whether financially weak or strong - are struggling to make the right moves in the current economic environment, with many wavering in their confidence of leadership’s ability to navigate the crisis.

New U.S. Consumer Survey Shows High Distrust of Financial Services Companies

added: 21-01-2009

As Congress calls for additional oversight of federal bailouts for financial services firms, a new study of American consumers shows the public shares congressional distrust of these companies.

Fitch: Cash Flow Key to Assessing European Pension Deficit Impact

added: 21-01-2009

Fitch Ratings says debt investors concerned about the impact of rising pension deficits on the credit quality of European corporates should look beyond headline deficits or surpluses, and concentrate on the implications for cash funding, as this is ultimately key to a company's ability to service its debt.

Mortgage Rates Shift Up Slightly Last Week, but Remain Below 5.00%

added: 21-01-2009

The weekly average rate borrowers were quoted on Zillow for thirty-year mortgages rose slightly last week to 4.96 percent, up from 4.92 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R).

Poor Economy Strains Family Relationships

added: 20-01-2009

The struggling economy is straining more than just the family pocketbook these days, according to a new survey by COUNTRY Financial. Three in four Americans admit the economic downturn is heaping more stress on their family and one-third say it has sparked more arguments with their spouse or children.

Euro area Balance of Payments and International Investment Position at the End of the Third Quarter of 2008

added: 20-01-2009

The current account of the euro area balance of payments recorded a deficit of EUR 12.7 billion in the third quarter of 2008 (non-seasonally adjusted data). The largest bilateral current account deficits were observed with the group of "other countries" (i.e. non-G10 countries outside the European Union), the EU institutions and Japan. The largest surpluses were recorded with the United Kingdom and with the countries that joined the EU in 2004 and 2007.

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