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News about economic crisis
  • Weakest spending since GFC

    By AAP | 20 July, 2010 15:45

    More people have jobs and job security is stronger, but consumer spending is the weakest since the height of the global downturn, according to a report.

  • Europe's outlook 'pretty bleak': Swan

    By AAP | 08 July, 2010 16:18

    Europe's economic outlook is "pretty bleak" and it faces a long, slow grind towards recovery, Treasurer Wayne Swan says.

  • Economic losses mount in Bahrain

    By AAP | 28 June, 2010 12:13

    Bahrain's government investment company says losses more than doubled last year as the economic slump hurt key businesses.

  • Euro markets wobble over Greece crisis

    By AAP | 19 March, 2010 11:17

    Sentiment was hit after a senior Greek official said Athens may seek financial help from the International Monetary Fund as it holds out little hope for aid next week from the European Union.

  • Economy still contracting but improving: Westpac

    By Dylan Bushell-Embling | 16 September, 2009 19:00

    Australia’s economic activity is still contracting, but at a much lower rate than it was mere months ago, according to Westpac.

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  • EMC Guarantees 20% Capacity Advantage for its Unified Storage Systems

    Guarantees are often used by emerging vendors because they have to; when market leaders do so, it’s invariably because they want to. EMC now says that its customers will need 20% less raw unified storage capacity in NAS and/or SAN configurations than they’ll need from the competition. Read on.

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