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LONDON (Reuters) - International bank lending dropped by over $300 billion or 1.1 percent in the second quarter as the financial crisis continued to restrain credit, according to Bank for International Settlements data. Lending to the non-bank sector between April and June did expand for the first time since the third quarter of 2008, however, increasing by $48 billion, or 0.5 percent. That was more than offset by a contraction in interbank lending of $375 billion, or 2 percent, at constant exchange rates. The pace of overall decline slowed from an $800 billion contraction in the first quarter, or 2.6 percent. The statistics -- the only ones to chart... [read full story]
NewswireToday (newswire) - 11/24/2009 Aarhus N, Aarhus Denmark - The European Space Agency (ESA) has just contracted Danish smart textile specialist Ohmatex to develop and test an ‘intelligent sock’ to map the electrical and...
LONDON, November 25 /PRNewswire-FirstCall/ -- In a video interview released today on http://www.cantos.com Britvic CEO Paul Moody said the company had delivered "outstanding" top-line and bottom-line growth. "Crucially, we've...
A new brewing visitor centre and museum in Burton-upon-Trent, Staffordshire, is to open at the site of the Coors Visitor Centre and Museum of Brewing - formerly the Bass Museum - which closed in June last year.
Asian Stocks Post Muted Gains Amid Concern About US Recovery After Growth Downgrade; Europe Up (AP) BEIJING (AP) - Asian stock markets rose modestly Wednesday in a session damped by evidence that recovery in the world's biggest...
