Taking a long, hard look at our times…
Economy News- Dollar firms against euro November 12, 2009LONDON (AFP) - The dollar edged up against the euro on Thursday, ahead of key US data and after US Treasury Secretary Timothy Geithner said a strong US currency was "very important" to the United States.
- BA says holding deal talks with Iberia November 12, 2009LONDON (AFP) - British Airways said it will hold talks later on Thursday with Spanish carrier Iberia about a "potential transaction", following recent reports that the pair could announce a merger deal this week.
- Moeller-Maersk profits drop on crisis-hit transport November 12, 2009COPENHAGEN (AFP) - Danish shipping and oil giant A.P. Moeller-Maersk reported on Thursday a net loss of 3.86 billion kroner (518 million euros, 776 million dollars) for the first nine months of 2009 owing to a fall in global oil and transport prices.
- Gold hits record high above $1,123 November 12, 2009LONDON (AFP) - The price of gold surged to an all-time high point above 1,123 dollars per ounce here on Thursday, as trade was driven by buoyant stock markets and the weak US currency, analysts said.
- Geithner backs strong US dollar, praises China November 12, 2009SINGAPORE (AFP) - US Treasury Secretary Timothy Geithner on Thursday said a strong dollar was "very important" to the United States and praised China's role in the global economic recovery.
- Gold breaches record, eyes dollar November 12, 2009LONDON (Reuters) - Gold prices hit record highs on Thursday on investors buying the metal as an alternative to the weakening dollar, but edged off the peak as the U.S. currency bounced back from lows in European trade.
- World's top solar cell maker posts gloomy results November 12, 2009BERLIN (AFP) - The world's top solar cell maker, Germany's Q-Cells, posted a hefty loss in the first nine months of the year, it said on Thursday, amid tough competition from Asian manufacturers.
- Oil demand strong, price rise a threat: IEA November 12, 2009PARIS (AFP) - Global oil demand is heading higher than expected as economic recovery gathers pace notably in China, but rising prices could derail expansion, the IEA said on Thursday.
- Dollar firms against euro November 12, 2009
