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Small Business Owner Optimism Holds Steady

added: 18-05-2007

Small business owner optimism rose to levels near last year's record highs in the latest Wells Fargo/Gallup Small Business Index. The Index registered at 113 for Q2 2007, nearly matching the high-score of 114 in Q4 2006. The Index tracks six key measures for both current and future expectations: financial situation, cash flow, revenues, capital allocation, job hiring and credit availability.

World's Leading Companies Expect Top Business Risks to Persist, Intensify During Coming Years

added: 18-05-2007

Financial executives at the world's largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the "Managing Business Risk Through 2009 and Beyond" study commissioned by commercial and industrial property insurer FM Global.

Mobile Banking Will Be a Significant Financial Services Channel

added: 18-05-2007

The relevance of mobile banking and the likelihood of its success have been in question. But mobile banking is here to stay and will grow significantly faster than online banking, according to a new report from Celent, "US Mobile Banking: Beyond the Buzz." By 2010, 35% of online banking households will be using mobile banking, up from less than 1% today. New functionalities will make mobile banking distinct from online banking and attract users.

Businesses Investing in Energy Efficiency Measures to Combat Rising Energy Costs

added: 18-05-2007

Results from a first-time survey of North American business leaders indicate they expect energy prices to continue to rise, and plan to invest in energy efficiency measures to help fight rising costs. Despite the trend toward sustainability, executives cite a desire to decrease energy expenditures within their organizations as a greater motivator than environmental responsibility.

Economic Links between China and the U.S. are Growing

added: 18-05-2007

AeA, the high-tech trade association, released the 15th edition of its ongoing Competitiveness Series. The report analyzes the growing economic relation between the United States and China in terms of high-tech trade and foreign direct investment.

US: Mass Layoffs In the First Quarter of 2007

added: 18-05-2007

In the first quarter of 2007, there were 965 mass layoff events that resulted in the separation of 139,269 workers from their jobs for at least 31 days, according to preliminary figures released by the U.S. Department of Labor’s Bureau of Labor Statistics.

Bankrate: Mortgage Rates Stay Rangebound

added: 18-05-2007

Mortgage rates increased slightly this week, with the average 30-year fixed mortgage rate rising to 6.32 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.26 discount and origination points.

US: Business Employment Dynamics in Third Quarter 2006

added: 18-05-2007

From June 2006 to September 2006, the number of job gains from opening and expanding private sector establishments was 7.4 million, and the number of job losses from closing and contracting establishments was 7.3 million, according to data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

Commission proposes that Cyprus Adopts the euro in 2008

added: 17-05-2007

The European Commission concluded that Cyprus has achieved a high degree of sustainable economic convergence with the euro area Member States and that it fulfils the necessary conditions to adopt the euro. On the basis of this positive Convergence Report, the Commission proposes to the Council that Cyprus adopts the euro on the 1st of January 2008.

London Stock Exchange: Preliminary Results For The Year Ended 31 March 2007

added: 17-05-2007

Revenue before exceptional items up 20 per cent to £349.6 million. Operating profit before exceptional items up 55 per cent to £185.6 million. Adjusted basic earnings per share up 50 per cent to 56.2 pence.

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