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US Mass Layoffs in October 2007

added: 23-11-2007

In October, employers took 1,320 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

EU: Call for Greater Flexibility on Lower Rates of VAT

added: 22-11-2007

While supporting the extension of some temporary measures allowing specific Member States to impose lower than standard rates of VAT on certain goods and services, the Economics Committee argues that all Member States should be able to use lower rates, if they wish, for locally supplied services and for basic goods and services where there is a clear social, economic or environmental benefit from doing so.

Industrial New Orders Down by 1.6% in Euro Area in September 2007

added: 22-11-2007

The euro area (EA13) industrial new orders index fell by 1.6% in September 2007 compared with August 2007. The index rose by 0.8% in August. EU27 new orders decreased by 2.1% in September 2007, after an increase of 1.0% in August. Excluding ships, railway & aerospace equipment4 industrial new orders dropped by 1.9% in the euro area and by 1.4% in the EU27 in September 2007.

European Online Christmas Shopping Activity for November

added: 22-11-2007

comScore, a leader in measuring the digital world, released the first in a series of studies into the online shopping activity of U.K., French and German consumers over the Christmas shopping period. The study tracked cyber shopping activity, defined as visits to secure Web pages of online retail sites.

Median Home Prices Rise in Most Metros

added: 22-11-2007

The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains compared with a year earlier, despite a broad decline in existing-home sales, according to the latest quarterly survey by the National Association of Realtors.

The Conference Board U.S. Leading Index Decreased 0.5 Percent

added: 22-11-2007

The Conference Board announced that the U.S. leading index decreased 0.5 percent, the coincident index remained unchanged and the lagging index increased 0.3 percent in October.

U.S. E-Commerce Holiday Spending Surges by Mid-November After Slow Start to Season

added: 22-11-2007

comScore, Inc. released the first in a series of twice weekly holiday season e-commerce updates, revealing that the first 18 days of the holiday season saw more than $7 billion in online retail spending, a 17-percent gain versus the corresponding days last year.

China or the U.S. Expected to be the Dominant World Power in the Year 2020

added: 22-11-2007

Looking ahead into the future, and the year 2020, most people in five European countries and the U.S. believe that the dominant world power will either be the United States or China. But, there is some disagreement over which one of these will actually be the most dominant country. Pluralities in France (47%), Spain (45%) and Italy (38%) believe that China will be the dominant world power. A plurality of adults in the United States (40%) as well as one-third of British adults (32%) and 30 percent of Germans all say the U.S. will be the dominant world power in 2020.

Poland Emerges as the European R&D Hub Despite Favorable Conditions in Asia Pacific

added: 22-11-2007

Despite the low labor costs, unsaturated markets, and steady economic recovery that have made the Asia Pacific region attractive for semiconductors manufacturers, Poland has emerged as the research and development (R&D) centre of Central and Eastern Europe (CEE). In setting up R&D in Poland, companies seek to lower costs, increase efficiency, improve quality, and diversify from their basic activities.

Nanotechnology Moves from Discovery to Commercialization

added: 22-11-2007

For two decades, the term “nanotechnology” has been primarily associated with an R&D race spanning the public and private sectors. But nanotech is now shifting from discovery to commercialization, with $50 billion in nano-enabled products sold worldwide last year from pharmaceuticals to power tools – creating sustained competitive advantage for companies as diverse as Abbott Labs and Black & Decker.

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