Overall, domestic demand is unlikely to support GDP growth in 2012, as the process of deleveraging continues across the sectors of the economy. -- European Economic Forecast (Spring 2012) ... Read Full Story »
There are signs of economic trouble in two pillars of the developing world as a there are signal that the global slowdown has caught up to what were among the ... Read Full Story »
FedEx Corp. (NYSE: FDX) announced this morning that it has signed an agreement to acquire French express transportation company TATEX. The acquisition is subject to regulatory approvals and no details ... Read Full Story »
In the May version of OPEC’s monthly Oil Market Report, the cartel keeps its previously forecast global demand total for 2012 at just under 89 million barrels/day. Demand is growing ... Read Full Story »
Angela Merkel continues to dig in her heels as Greece insist it may reject the austerity measure which have allowed it to get loan support from its eurozone neighbors and ... Read Full Story »
Some Eurozone officials are reported to be considering delaying tomorrow’s scheduled €5.2 billion payment to Greece that is part of the €130 billion bailout package sealed by the EU, the ... Read Full Story »
So, just two weeks ago it looked as though "Sell in May and go away!" was not going to be as strong of a theme in 2012 compared to 2011 ... Read Full Story »
Credit Suisse Group (NYSE: CS) is sort of taking the "Sell in May and go away!" approach. At least that is how it sounds, even if the overall call is ... Read Full Story »
Westinghouse Solar, Inc. (NASDAQ: WEST) may have some good news for the entire solar sector. The company has announced a merger agreement between it and CBD Energy Ltd. (ASX: CBD). ... Read Full Story »
The yield on 10-year Spanish bonds rose above 6% this morning in reaction to the turmoil in Greece and fears that it would spread to Spain. The differential between Spanish ... Read Full Story »
Greece already has left the eurozone. The formality of the paperwork is only a few months away, at most. The notion it can remain in the alliance is based on the fantasies that ... Read Full Story »
Despite the fact that much of Europe is crumbling around it, Germany posted recent highs for both imports and exports in March. Demand from the US and developing markets must ... Read Full Story »
Shares of First Solar Inc. (NASDAQ: FSLR) just can’t seem to find a bottom. The only thing to say about this is that maybe today’s the day. Yet the company’s ... Read Full Story »
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are ... Read Full Story »
One way that Iran has found to combat the tightening international sanctions on its crude oil sales is to accept payment in something other than US dollars. The Iranians have ... Read Full Story »