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Global Recession, Not Mistletoe, Hangs Overhead This Holiday Season

added: 15-12-2008

Holiday sales are expected to fall 3.3 percent this season, according to IBISWorld. With stockings full of economic uncertainty, Americans are curbing spending on big ticket items.

Fitch's 2009 European Oil and Gas Credit Outlook Sees Healthy Credit Metrics

added: 15-12-2008

Fitch Ratings says that its 2009 credit outlook report for the European integrated oil and gas sector shows that European oil and gas companies should be able to maintain healthy credit metrics despite the agency forecasting a slowdown in global economic growth next year. Fitch believes European integrated oil and gas companies will be able to sustain robust credit metrics in the face of hurdles an economic downturn could raise, such as a reduction in demand for crude oil and greater volatility in crude oil prices than in recent years.

More Consumers Plan to Resell Holiday Gifts Online This Year Than Ever Before

added: 15-12-2008

With financial concerns weighing on Americans’ minds this holiday season, consumers are becoming more resourceful than ever. To cope, they are learning how to manage unwanted gifts. Over half (54%) of U.S. adults who have resold gifts online plan to do so this year, a 10 percent increase from last year (45%) according to new research released by eBay conducted on its behalf by Harris Interactive®.

Week After Cyber Monday Brings Slight Lull in E-Commerce Sales Growth

added: 15-12-2008

comScore reported its tracking of holiday season retail e-commerce spending for the first 42 days of the November - December 2008 holiday season. For the holiday season through December 12, $19.44 billion has been spent online, essentially the same level compared to the corresponding days last year. For the twelve days beginning with December 1 (Cyber Monday), the kick-off to the heaviest part of the online shopping season, sales totaled $8.26 billion, up 3 percent versus year ago.

Half A Billion Inhabitants In The EU27 On 1 January 2009

added: 15-12-2008

According to first demographic estimates published by Eurostat, the Statistical Office of the European Communities, the EU27 will have a population of 499.7 million on 1 January 2009. The population of the new euro area, including Slovakia, will be 328.6 million on 1 January 2009.

Investments in Russia: Frost & Sullivan Focuses on Growth Opportunities

added: 15-12-2008

Over the past nine years the Russian economy has demonstrated strong growth, spurring investors to seriously consider the economic benefits of Russian investments. Currently, Russia is the world's second biggest producer of oil, it is not dependent on foreign capital flows, is relatively stable politically, boasts reasonable market valuations as well as having access to the biggest growth story of our time, Asia.

CEO Confidence in Main Street Businesses and U.S. Economy Slides to All-Time Low

added: 15-12-2008

In Q4 2008, CEO confidence in the U.S. economy fell to an unprecedented low of 48.7 points, down 23.7 points from the third quarter, the largest quarterly drop in the Vistage CEO Confidence Index’s five-year history. Notably, of the 2,497 Main Street CEOs who responded, more chief executives than ever expressed reduced confidence in their own businesses.

U.S. Producer Price Index in November 2008

added: 15-12-2008

The Producer Price Index for Finished Goods fell 2.2 percent in November, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Buyers Take a New Look at Vendor Financing to Get Deals Done

added: 15-12-2008

With the collapse and freezing of world credit markets, even the largest corporations are having difficulty getting credit, maintaining existing lines of credit and finding alternative ways of financing new projects.

Total Retail Sales of Consumer Goods Kept Growing in November

added: 15-12-2008

The total retail sales of consumer goods in November reached 979.08 billion yuan, a year-on-year increase of 20.8 percent.

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