US Fed ramps up talk of intervention to salvage recovery
US Fed ramps up talk of intervention to salvage recovery
Federal Reserve chairman Ben Bernanke on Friday gave his strongest indication to date that the US central bank will step in to help the fledgling recovery in the world’s largest economy.
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GE posts sales slump, rattles recovery hopes
GE posts sales slump, rattles recovery hopesGE posts sales slump, rattles recovery hopes
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IATA: Air travel recovery slowing
GENEVA: The strong recovery in air travel is slowing as the force of the economic upswing moderates, with growth in business travel continuing to outpace that in economy class, the the International Air Transport Association (IATA) said yesterday. Besides pointing to the health of the airline industry the premium figures are a leading indicator of business activity. Slower year-on-year growth in …
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