Archive : Biz & Economy Buzz

According to the recent news, Nissan is planning to open 400 new dealerships in Europe over the next three years, in addition to 600 opened during the last five years. Combined with a slew of new models, the company hopes this will help it overtake Japanese rival Toyota. During the last two years, Nissan...

According to the report, two Chinese state controlled banks have lent more to developing countries than the World Bank. The China Development Bank and the China Export Import Bank offered loans of at least $110 bn to governments and firms in developing countries in 2009 and 2010. The research was undertaken...

According to the recent headlines, Apple boss Steve Jobs has announced that he is to take “medical leave” from the company. In an e-mail to employees he said he was taking the break to focus on his health. He said he would continue as chief executive of Apple and be involved in any major...

According to the world news, price of oil has risen by more than a dollar a barrel after surveys suggested strong manufacturing growth in both the US and the eurozone. The Institute of Supply Management (ISM) said US manufacturing grew in December at its fastest pace since May. US light crude rose by...

According to the recent news, China reported much stronger than expected export growth in November, adding to inflation fears. Exports were up 34.9% versus a year earlier, compared with an expected 25%. In October the increase was only 22.9%. Imports also rose rapidly, up 37.7%, but not enough to stop...

According to the recent business market news, the euro was steady against the dollar as markets opened a day after European ministers agreed a bail-out for the Irish Republic. Ministers have reached an agreement over a bail-out worth about 85bn euros ($113bn; £72bn). The deal will see 35bn euros go...