 |
Global stocks plummet over turmoilRenewed worries about Europe's ability to resolve its debt crisis punished the euro and world stock markets yesterday. Wall Street tumbled more than two per cent. The euro hit six-and-half-month lows against the US dollar on nervousnes More… |
 |
Sabic Q2 profit plummets 76pcSaudi Basic Industries Corporation (Sabic), one of the world's top chemical firms by market value, posted a 76 per cent drop in second-quarter net profit and blamed the drop on lower petrochemicals and metals prices. Sabic made a net p More… |
 |
Global cargo traffic plunges 22.6pcInternational cargo traffic plummeted by 22.6 per cent last month compared to a year earlier, an 'unprecedented and shocking' free fall that signals a broader slump in world trade, according to new industry data. The International More… |
 |
Retailers' holiday sales plummetRetailers' sales fell as much as 4 percent during the holiday season, as the weak economy and bad weather created one of the worst holiday shopping climates in modern times, according to data released by SpendingPulse. The figures, from th More… |
