BGN Entrepreneur

The pace of economic growth in the U.S. increased in the last three months of 2011, according to official figures. The economy grew at an annual rate of 2.8%, the Commerce Department said.
This was supported by the annual rate of 1.8% the previous quarter, although it was predicted slightly lower than the 3% rate of [...]

Samsung Electronics has said it’s about a big jump in profits for the last three months of last year report, primarily due to smartphone sales record. The South Korean company said it expects an operating profit for the period up to 5.2tn won ($ 4.5 billion, £ 2.9) are 73% higher than a year.
Samsung overtakes [...]

Hong Kong Airlines (TCA) has placed an order for 10 Airbus A380 aircraft worth about $ 3.8 billion (€ 2.5 billion) at list prices. The contract will be a relief for the European plane maker, because the order risked his derailed by a dispute between the European Union and China.
Beijing rejects an EU plan to [...]

The U.S. economy created 200,000 jobs in December for the sixth consecutive month of gains, official figures show. The rise was much more than expected. Analysts had forecast a rise of about 150,000 jobs.
The unemployment rate fell to 8.5%, its lowest level in almost three years, from a revised 8.7% in November, said the [...]

Mario Monti, the Italian prime minister has called for a “common response” to the debt crisis of the Euro zone, because he plans to Italy announced out of the recession. He added that despite the two recent successful Italian bond auctions, he did not believe that the period had ended the financial market turbulence.
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Euro zone banks have rushed to take favorable three-year loan, offered by the European Central Bank, borrowing € 489bn ($ 643bn, £ 375bn). The central bank had originally hoped, loans up to € 450bn to stop another credit crunch crippling the banking system.
More than 500 banks went to borrow from the scheme, which [...]

The markets seem unsure how to take the latest developments. The FTSE 100 opened 35 points lower, but recovered slightly to 5461.77, falling 22 points.
Lloyds Banking Group, Barclays and Royal Bank of Scotland all lost around 2% initially but recovered some ground since. But they are likely to continue after yesterday showed stress tests, volatile [...]