For January 2nd
2:17 a.m. China has seen an improvement in its production at the end of the year, which is set to continue into 2012.
8:00 a.m. The Reserve Bank of India has said it might reverse it’s monetary policy, of raising its key interest rate to combat rising consumer prices, in order to boost growth.
9:09 p.m. Commuters returning to work are faced with rises of up to 11% in their rail fares.
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| Due to frequent meetings Sarkozy and Merkel have been given the nickname "Merkozy" |
10:23 a.m. Hyundai and Kia are predicting their sales to rise just 6% slowing sharply form last year’s successful 15% increase.
0:18 p.m. UK CD album sales fell in 2011 13% whilst digital album sales rose a dramatic 24%.
3:21 p.m. Nigeria is furious as fuel prices double upon end of subsidy.
3:26 p.m. Merkel and Sarkozy have announced the first euro meeting of 2012, which is due to be held on 30 January.
4:37 p.m. Google is rolling out its biggest homepage reboot to date.
4:52 p.m. Activity fell in Eurozone manufacturing in December, despite showing improvements previously, says PMI survey.
10:22 p.m. Venezuela have said it will pay Exxon Mobil £164million in compensation for nationalised assets, under a third of what an arbitration panel awarded them.
11:55 p.m. The private sector pension have seen a “seismic collapse” as the gap between them and their public counterparts is widening with ACA saying that 9 out of 10 private defined benefit schemes are closed to new entrances.
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