Tuesday, 10 January 2012

24 hours of economics in 240 words! An economic snapshot number 19


For January 10th
Kodak's shares rose dramatically after it announced
plans to become a major digital player after having
been criticised for continue to support old fashioned
photography
0:00 a.m.  Google revealed it’s profiting from adverts for illegal products, like Fake IDs and drugs.
1:04 a.m.  The BCC’s survey revealed a UK recession isn’t inevitable.
6:28 a.m.  Housing market is not due to pick up in the coming months according to the RICS!
8:58 a.m.  Figures have revealed that 13 Scottish councils have areas where over a third of children live in poverty.
11:55 a.m. Swatch is predicting sales growth of up to 10% in 2012, last year it rose 21.7%!
0:36 p.m.  M&S has reported a small rise in UK sales over Christmas with strong food sales offsetting weaker trading.
2:35 p.m.  The Migration Advisory Committee has claimed that for every 100 immigrants there were only 23 UK jobs.
3:14 p.m.  Fitch revealed it’s likely to downgrade Italy by the end of January.
3:25 p.m.  A new Ferry service, from Dover to Calais, staffed by 300, has been announced.
3:58 p.m.  Former Olympus chief executive has called for a board clear-out.
4:02 p.m.  Shares in Flybe have slumped by 20% after the airline warned that weak UK sales would lead to it not meeting its revenue targets.
5:54 p.m.  Unison and GMB are going to continue negotiations regarding public sector pension schemes.
8:14 p.m.  Kodak’s stocks have reportedly risen 45% following their new business plan designed to evolve the company into a digital player!
10:21 p.m. Plans for a £33billion high-speed rail network have seen mixed reactions with businesses welcoming it and residents condemning it.

No comments:

Post a Comment