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Car insurance premiums `rising` Car insurance premiums are rising at a faster rate than at any time since the start of the decade, a survey says. BBCGet ready for lower Chinese growth If China was the biggest beneficiary of excess US consumption growth, it may also be the biggest victim of a rising US savings rate, writes Michael Pettis FTCSR climbs on revenue forecast Pre-tax losses rise but the microchip manufacturer benefits from restocking by consumer electronics makers and a contribution from its Sirf acquisition FTBrace for a decade of lower Chinese growth If China was the biggest beneficiary of excess US consumption growth, it may also be the biggest victim of a rising US savings rate, writes Michael Pettis FTDudley says credit to remain tight William Dudley, president and chief executive of the Federal Reserve Bank of New York, sought to dispel fears of rising inflation, while playing down prospects for a speedy economic recovery in the US FTCerner Q2 Profit Rises; Guides Q3; Backs FY09 EPS View - Update Healthcare information service provider Cerner Corp. (CERN ), Wednesday reported a rise in profit for the second quarter despite revenues being virtually flat with last year. Earnings for the quarter came in line with Street estimates, while revenues fell short. Cerner also provided its revised forecast for full year 2009, reaffirming earnings guidance and lowering its revenue outlook. The company also issued third quarter earnings forecast in line with the current Street estimates and revenues below analysts' expectations. RTT NewsCrude oil tumbles after big US stock rise US oil prices tumbled by more than $4 a barrel as a huge increase in crude stocks fuelled concerns about weak demand in America FTOverview: Risk aversion rises on China bank fears Reports China's two biggest state-owned commercial banks would cut lending sharply in the second half of the year raised fears about the recovery Financial TimesFemale grooming trend raises eyebrows The recession has brought much pain in the form of rising unemployment, tumbling house prices and bankruptcies. But in terms of human aesthetics, surely nothing is as tragic as the fashion trend for w... Big News NetworkHero Honda: An outstanding performance In whats supposed to be a challenging environment, Hero Honda has turned in a superb set of numbers for the June 2009 quarter. Its not just that volumes were up 25 per cent; realisations have been strong because revenues have risen 34 per cent year-on-year to Rs 3,811 crore. In the just preceding March 2009 quarter, revenues had increased by 22 per cent. Business Standard1 2 |
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