The Media Line Staff Cairo, Egypt (TML) – Egypt’s decision to reject loans from the International Monetary Fund (IMF) and World Bank may save the government unwelcome political controversy at home, but it risks undermining the country’s already severely strained economy, economists warned. The terms of the IMF financing as well as the government’s plan [...]
Posts Tagged ‘year’
Chrysler repays bail-out loans after strong sales, turnaround
Matthew Borghese – AHN News Contributor Detroit, MI, United States (AHN) – Chrysler Group LLC has repaid the American and Canadian loans it received after filing for Chapter 11 bankruptcy in April 2009. After being purchased by Italian carmaker Fiat and turning around lagging sales, on Tuesday Chrysler repaid $1.7 billion to Canada and $5.9 [...]
Take-Two (NSDQ: TTWO) Fiscal Q4 Loss Widens As Revenue Dips
Take-Two Interactive (NSDQ: TTWO) announced Tuesday a fiscal fourth quarter loss that widened from a year ago as revenue dipped 22 percent in the period. The videogame developer said it lost $22.4 million or 27 cents a share, compared to a loss of $9.7 million or 13 cents a share in the fourth quarter a [...]
China’s trade surplus up to $11.4bn
After the country reported a rare trade deficit for the start of this year, China has showed a strong rebound for April but it is likely to fuel US calls to revalue its currency China reported an unexpectedly large April trade surplus, in an announcement that is likely to fuel US pressure over currency controls [...]
U.S. job growth hits 11-month high
U.S. employers added the most jobs in nearly a year in April, a sign of economic strength, but unemployment rose as well to 9.0 percent. “U.S. job growth hits 11-month high” is categorized as “business”. This video was licensed from Grab Networks. The copyright notice of this video is “© 2011 Reuters Business.” For additional [...]
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