Wednesday, August 15, 2012

Mixed business benefits from London Olympics



Published on Aug 15, 2012 by
http://www.euronews.com/ There was some rare good news from the recession-hit UK economy as the number of Britons out of work fell to the lowest level in nearly a year in the period from April to June.

However temporary jobs due to the Olympics being held in London seems to have been a big factor as almost half of the new positions created were in the capital.

It seems the Games did not provide the business boost some had hoped for.
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US industrial output rises



Published on Aug 15, 2012 by
http://www.euronews.com/ US industrial production expanded last month at the fastest pace since April. It increased by 0.6 percent, which was better than June's 0.1 percent gain.

Manufacturing was up and there were solid gains in utilities production and mining.
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European markets at close: 14.08.12



Published on Aug 14, 2012 by