Archive for June, 2011

Workplace death toll rises in North West

THE North West saw a rise in the number of people killed at work last year, new figures reveal. (17 mins ago)

Online Sales Tax Legislation Would Deter Online Sellers and Buyers

Half of the online sellers surveyed by AuctionBytes would stop selling online if required to collect sales tax for every jurisdiction in the U.S. , while 47% would continue to sell online. (15 mins ago)

Growing Economies, Rising Problems

Global groups struggle with fast rise of poor nations, putting conflict on the horizon (29 mins ago)

That latest sign of an economic recovery: Shoplifting is back

An increase in shoplifting is believed to be an indicator of tough economic times. But a recent study by the National Retail Federation, which found that retail theft by employees is on the rise, says the recent spike in stealing could very well mean the economy is on the upswing. (41 mins ago)

European Stocks Slide for Eighth Week in Longest Losing Streak Since 1998

European stocks fell for an eighth week, the longest stretch of losses since 1998, as concern grew that Greece will default and the Federal Reserve cut its growth forecast for the world’s largest economy. (58 mins ago)

Around the capitol

State Sen. Hoon-Yung Hopgood said he was pleased that the Senate Economic Development Committee has begun hearings on the New International Trade Crossing proposal and the authorizing legislation, Senate Bills 410 and 411, which would allow the state to enter into a public-private agreement to build the project. (24 mins ago)

Sensex rises most in 3 weeks; gains seen temporary

MUMBAI – The BSE Sensex gained the most in three weeks on Thursday as investors looked for bargains in battered down stocks, with energy giant Reliance Industries leading the gains after a disappointing performance in the year so far. (46 mins ago)

Consumer price index for May up at 4.6%

The increase in SA’s consumer price index was 4.6% year on year in May from 4.2% year on year in April, Statistics SA has said. (31 mins ago)

BSE Sensex snaps 3-day fall; not seen holding gains

MUMBAI – The BSE Sensex nudged higher for the first time in four sessions on Tuesday, largely helped by gains in beaten-down energy giant Reliance Industries and export-driven software firms following firmer world markets. (20 mins ago)

THE RUPEE: all-round fall | Business Recorder

Year-end payments pushed the rupee lower against dollar during the week ended on June 19, 2011, although it struggled to minimise its losses in the face of higher demand by importers to clear the bills for oil and other foreign goods. In the interbank, the rupee shed 11 paisa in relation to dollar for buying and selling at 85.85 and 85.88. (2 hours ago)