Corporation News

Stock Quotes in the USA today’s session started with decreases after negative data on the labor market in the country, which showed that companies from non-agricultural sector have closed nearly 500 thousand jobs in November, but the level of unemployment noted consequential increase to 6 7 percent.

At present, Dow Jones Industrial Average falling by 1.9 percent to 8 215.51 points, while S & P 500 fell by 2.2 percent to 826.26 points. Technological Nasdaq Composite reported a decline of 2.3% to 1 412.75 points.

Securities of Boeing Corp. fell by 6.6 percent to 36.60 dollars after it became clear that corporation may slow deliveries of the new model “787 Dreamliner” at least another six months. Shares of General Motors become cheaper to 4.6 percent since the start of trade reaching 3.92 dollars after road of concern reported that a further reduction plan 2 000 employees in early 2009 because of deteriorating sales of cars U.S..

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Economic growth in Australia was delayed by up to 0.1 percent during the third financial quarter to the end of September as a slow its pace of eight years, shows official data published today, quoted by AP.
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Inflation in Europe, which is now officially in recession, is its lowest level for October of nine months since it appears from Eurostat data.

The increase of consumer prices was 3.2 percent for October on an annual basis (after 3.6 percent growth in September and 3.8 percent in August). This is the lowest level of January 2008
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Registrations of new cars in Europe in October fell by 14.5 percent on an annual basis after falls of 8.2 percent in September and 15.7 percent in August. It cited by AFP showed evidence of the European Association of Automobile Manufacturers.
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Direct losses in the global economy as a result of this financial crisis will reach 2.8 trillion dollars, says the “Stabilization report of the Bank af Ingland. The financial institution twice increased its estimate of the amount of losses compared to its assessment, made in May.
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The financial inaccessibility of housing is one of the main reasons for the violation of human right to adequate housing, the problem is exacerbated because of the global financial crisis, said on Thursday the UN Special Rapporteur on housing issues Rocket Rolnik quoted by RIA Novosti.
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Futures of light crude oil with delivery in November closed at a level of 64.15 dollars for a barrel today in New York Exchange registered a fall of 3.69 dollars or 5.4 percent.

For the week “black gold” lost 11.1 percent of its value.
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After U.S. shares opened higher, optimism left the market and currently the main U.S. indexes are in negative territory.

After opening with over 2 percent growth at a level of 8 692 points, Dow Jones index fell by over 250 points and when compared with 1.19 percent. Last benchmark was 8 418 points.
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World economy lost more money than the cancellation of the woods than this banking crisis shows study commissioned by the European Union. The costs of deforestation amounted to between 2 and 5 trillion dollars a year, establishes the study, cited by the BBC.
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81 percent of Russian companies see global financial crisis a threat to their businesses and 9.5 percent believe the crisis will affect them in part, shows a survey last week research company Cornerstone, published by the newspaper “Vedomosti”. Only 9.5 percent of Russian businesses do not think the financial crisis will affect them.
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