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US: Corporate Contributions Holding Steady

added: 18-12-2008

Total corporate contributions in the U.S. and abroad (among 197 major corporations and corporate foundations) amounted to $10.97 billion in 2007, up slightly from $10.2 billion in 2006, The Conference Board reports in its annual survey of corporate giving to worthy causes.

Free Shipping an Important Stimulus of E-Commerce Spending Again This Holiday Season

added: 18-12-2008

comScore reported its tracking of holiday season retail e-commerce spending for the first 44 days of the November - December 2008 holiday season. For the holiday season through December 14, $20.17 billion has been spent online, essentially the same level compared to the corresponding days last year.

Credit Crunch: Coming to a Wallet Near You

added: 18-12-2008

Casey Research announced alarming new findings in the tightening of individual credit standards, which will impact Americans' Christmas shopping - and the ability to make payments in 2009.

The Global Crisis has Caused Hundreds of Thousands Investors to Move Their Money Into Foreign Currency Trading

added: 18-12-2008

Experts from Etoro, which specializes in foreign currency trading, conducted a survey, the conclusion of which determines that from October to December 2008, investors from all over the world have abandoned Wall Street for foreign currency trading.

The Leading Index for France Declined 1.9 Percent in October 2008

added: 18-12-2008

The Conference Board reports that the leading index for France declined 1.9 percent and the coincident index decreased 0.1 percent in October.

Even in Current Economy, Employee Retention Top Concern

added: 18-12-2008

A recent survey suggests today's employers are most worried about hanging on to good employees and bringing in new ones, even in the current economy. When asked about their greatest staffing concern, nearly four out of 10 (39 percent) senior executives interviewed cited employee retention, while 22 percent said recruitment. Productivity and employee morale were each named by 17 percent of respondents.

Working Time Directive: No Exceptions to the 48-hours Maximum Working Wek and Opt-out Scrapped after Three Years

added: 18-12-2008

MEPs say that there must be no exceptions to the 48 hours-maximum working time calculated over a reference period of 12 months and say the opt-out must end three years after the adoption of the directive. It also says that any period of on-call time should count as working time. A conciliation committee with the Council is now likely. MEPs adopted the amendment on the abolition of the opt-out 36 months after the entry into force of directive with 421 votes for 273 against and 11 abstentions.

Fitch: European Local and Regional Government Credit Quality to Worsen in 2009

added: 18-12-2008

Fitch Ratings says in a special report that the credit quality of European Local and Regional Governments (LRGs) will likely deteriorate in 2009, leading to pressure on ratings next year.

Total Investment in Fixed Assets in Urban Areas Kept Going up From January to November 2008

added: 18-12-2008

Total investment in fixed assets in urban areas stood at 12,761.4 billion yuan from January to November, a year-on-year rise of 26.8 percent. Of which, state-owned and state-holding enterprises invested 5,336.5 billion yuan, surging 21.6 percent; real estate development valued at 2,654.6 billion yuan, went up 22.7 percent.

Fitch: Italian Utility Sector Under Pressure in 2009

added: 18-12-2008

Fitch Ratings says in its 2009 credit outlook report on the Italian utility sector, that the combination of the anticipated domestic recessionary environment, the trend of oil price volatility and the effects of the global financial crisis on the domestic banking and capital market will put pressure on credit metrics of Italian utilities.

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