Saturday, 7 January 2012

24 hours of economics in 240 words! An economic snapshot number 16!

For January 6th
0:12 a.m. Toyota unveils new safety technology with the hopes of bringing back customers.
2:59 a.m. Samsung are expecting profits 73% higher than the previous year.
5:15 a.m. Japan airlines has plans to relist its shares on the Tokyo stock exchange, with predicted share sales of 1trillion Yen.
7:16 a.m. Business leaders and economists have backed plans to link Birmingham to London with a new high speed railway.
7:56 a.m. HTC's fourth quarter are down 28%
8:10 a.m. Former Olympus head, Michael Woodford, has abandoned his bid to take over the firm, after failing to win over shareholders.
9:31 a.m. According to Halifax, house prices fell 1.3% in 2011.
10:51 a.m Unemployment has stayed at record highs in Eurozone countries with the jobless rate at 10.3%.
Today Blacks announced it would be going into administration
before then confirming a takeover by JD sports.
11:09 a.m. Houser registrations fell 4.4% in 2011, to 1.94million.
1:50 a.m. After the rail fair price hike, it is suspected that the UK has the highest rail fairs in Europe, if not the world!
2:56 a.m. 1.4million customers of doorstep lenders have had their details lost!
4:29 p.m. Blacks leisure has announced that it will go into administration, albeit briefly during a takeover procedure.
9:31 p.m. JD sports is set to to purchase Blacks leisure, who employs over 3,000 employees, the company recently went into administration.

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