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Grupo Catalana Occidente SA, a Spanish insurer, said the profitability of its credit insurance business is threatened as an economic slowdown in Spain and elsewhere in Europe boosts claims. (more…)
#Atradius#Clear#insurance
Experian, the global information services company, has revealed that the number of automotive companies going bust rose by 30.9% during…
#insolvencies#recession#risk
In the last few months the volume of bad business debts that are more than 60 days overdue has doubled.…
#bank#economy#Nordea
The upward trend in business bankruptcies that began in 2007 has apparently continued through the first quarter of 2008. (more…)
#bankruptcy#insolvency#recession
#bankruptcy#economy#recession
The U.S. economy will shrink in the second quarter, but avoid a recession this year. (more…)
#Clear#Jobs#recession
The US economy slowed to a near grinding halt in the fourth quarter of 2007. (more…)
#economy#exports#GDP
The Federal Reserve on Tuesday moved to ease fears of a US recession by slashing interest rates by 75 basis…
#funding#interest rates#international
The ITEM Club s Winter forecast says that the UK is facing a substantial slowdown this year, with GDP growth…
#bank#exports#GDP
The dramatic change in the unemployment rate became the final factor to indicate that the economy is entering a recession.…
#economic recovery#interest rates#recession
Japan's Nikkei 225 Stock Average fell to the lowest in more than two years. (more…)
#bank#cloud#management
The Bank of England s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank…
#bank#Bank of England#management
The Bank of England's next interest rate decision is 10 January. (more…)
#bank#Bank of England#banks