The worlds most effective translation service is now online

The LowCostTranslator the low cost high service initiative from the Swiss The Translator Group is now online in 5 countries including the US. Before end of year 35 local websites will be rolled our providing … continue…

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China official PMI shows factory sector barely growing

(Reuters) – China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July, suggesting the sector is barely growing, while a rival HSBC survey indicated the more market-sensitive private sector is … continue…

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Euro zone crisis heads for September crunch

(Reuters) – Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a “make-or-break” month as policymakers run … continue…

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Ryanair in serious incident in Spain

Ryanair is once again involved in a serious accident. A Ryanair Boeing 737 hits a US Air Boeing 767 with the wing on the taxiway before departure from Barcelona. In spite of the fact that … continue…

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PepsiCo keeps 2012 view as turnaround progresses

(Reuters) – PepsiCo Inc (PEP.N) reported a higher-than-expected quarterly profit on Wednesday, helped by price increases, and stood by its full-year outlook as the company makes progress on its turnaround. That the maker of Diet … continue…

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New home sales tumble, but upward trend intact

(Reuters) – New home sales recorded their biggest drop in more than a year in June and prices resumed their downward trend, dealing a setback for the budding housing market recovery. Single family home sales … continue…

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French jobless total close to 13-year high

(Reuters) – The number of jobseekers in France rose for the 14th month in a row in June to hit its highest level in nearly 13 years, adding pressure on the new Socialist government, which … continue…

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Spain to request EU bank aid on Saturday

(Reuters) – Spain is expected to request European aid for its ailing banks at the weekend to forestall worsening market turmoil, becoming the fourth and biggest country to seek assistance since the euro zone’s debt … continue…

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China rate cut sparks fears of grim May data

(Reuters) – Global cheers over China’s decision to cut interest rates faded on Friday as investors and economists worried that the move signaled the impending release of grim economic data. China’s surprise rate cut unveiled … continue…

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China makes surprise interest rate cut

(Reuters) – China delivered twin surprises on interest rates on Thursday, cutting borrowing costs to combat faltering growth while giving banks additional flexibility to set competitive lending and deposit rates in step along the path of liberalization. … continue…

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