Business and Finance news

A fire caused by explosions in one of the world’s largest petrochemical industrial estates have killed 12 and injured more than 100 people in eastern Thailand.
The Saturday blaze forced an evacuation of workers and more than 1,000 residents near the Map Ta Phut industrial estate, Thailand’s largest industrial park, in Rayong province, 180 kilometers (110 […]

Apply online today, its fast, easy and 100% secure. We are the trusted brand for online cash loans.

Spanish Prime Minister Mariano Rajoy may be enjoying the European Central Bank

German factory orders unexpectedly declined in January as foreign demand for investment goods such as machinery slumped.
Orders (GRIORTMM), adjusted for seasonal swings and inflation, fell 2.7 percent from December, when they gained 1.6 percent, the Economy Ministry in Berlin said today. Economists forecast a 0.6 percent increase, according to the median of 37 estimates […]

Chinese Finance Minister Xie Xuren said the nation may expand property-tax trials, as the government prolongs efforts to cool the real-estate market, make housing affordable and limit asset bubbles.
Taxes can guide housing demand, Xie said at a press briefing in Beijing today during the annual meeting of the National People

The official who supervised the U.K. police’s much-criticized initial inquiry into Britain’s phone hacking scandal says a crush of terrorism cases meant he had no choice but to curtail media investigation.
Former Scotland Yard counterterrorism chief Peter Clarke says his force was so stretched by the threat of al-Qaida attacks in 2005 it had to enlist […]

Employment will improve more this year than economists previously estimated, helping the world

The Asian Development Bank said it is in talks with donor countries to fund at least $12 billion required for loans and grants to projects in poor countries from 2013 to 2016.
The Asian Development Fund will need an estimated $12 billion to $13 billion for the period, and negotiations with donors to restock the […]

Federal Reserve Bank of Chicago President Charles Evans said the central bank needs a clear low- rate commitment or a third round of purchases of Treasuries and mortgage bonds to further stimulate a still struggling economy.
People outside the Fed have

American Airlines’ parent is meeting with its unions this week to lay out cost cuts it wants to implement as part of its bankruptcy reorganization — moves that could cost many of the company’s 81,000 workers their jobs and a portion of their pension benefits.
AMR Corp. said at the time of its Nov. 29 […]

Restrained spending by consumers held growth in the U.S. economy to a 2.8% annual pace in the fourth quarter, slower than economists forecast while still the fastest pace in more than a year.
Gross domestic product, the value of all goods and services produced, climbed at a 2.8 percent annual pace following a 1.8 percent […]