Monday, August 24, 2009

Hollingsworth Daily Post



  • World stocks, oil jump on housing data, Bernanke.

  • Oil rises above $74, nears 10-mth high on recovery hopes.Russia's Putin backs gas tax breaks in Arctic.

  • U.S. gas prices barely budge as retailers keep profits.

Reuters 24th August 2009.



  • Asian shares have risen sharply, boosted by comments made by Federal Reserve chief Ben Bernanke that the US economy is approaching recovery.

  • Confidence among business professionals has seen the biggest rise for two years, suggesting the UK recession is at an end, a survey has said.

  • Telecoms giant BT has closed its graduate recruitment programme as it continues to cut costs in the downturn.

  • Toyota, the world's biggest carmaker, is recalling almost 690,000 cars made in China because of faulty electrical window switches.

BBC Business News 24th August 2009.



  • England win back the Ashes after a sensational match at the Oval, Team GB win 6 medals including 2 golds at the World Athletics Championships, USA retain the Solheim Cup in golf.

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