Posts Tagged ‘quarter four’
Japanese economy expands 1.1% in Q4
The Japanese economy grew at a better than expected 1.1% in the last three months of 2009, meaning it retains its status as the world’s second largest economy.
Meanwhile, official figures show that GDP grew at an annualised pace of 4.6% in the fourth quarter of 2009, cementing a strong recovery from its worst recession in [...]
Euro zone economy grows just 0.1% in Q4
Official figures have revealed the euro zone economy grew just 0.1% in the final three months of 2009, suggesting the economic recovery is faltering.
The news came after poor GDP figures from the euro zone’s largest economies. Germany, which is the euro zone‘s largest economy, said GDP remained flat in the three month period, with growth [...]
Shell Q4 profits plunge 75%
Oil giant Royal Dutch Shell has today posted a 75% fall in profits for the fourth quarter to $1.2 billion (£755 million), compared with the $4.8 billion the company made a year ago.
The Anglo-Dutch company, which is Britain’s second largest oil company, has been hit by a slump in demand for oil from a weak [...]
BP posts 45% fall in annual profit
Oil giant BP has today posted a 45% fall to £8.75 billion in 2009-annual profit compared with the 2008 year.
Meanwhile profit for the fourth quarter of 2009 rose 33% to £2.16 billion ($3.45 billion) compared with the $2.59 billion posted a year earlier, as a result of the recovery in oil prices. However, the quarter [...]
UK manufacturing activity grows at fastest rate for 15 years
The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity rose at its fastest rate in 15 years in January.
The figures will boost hopes that the economic recovery is gathering pace after last week’s disappointing fourth quarter GDP figures.
The PMI grew to 56.7 in January, up from a revised 54.6 the previous [...]