International Business News - Features http://ibtimes.co.uk/subsection/commentaries/features.htm All articles are copyrighted by IBTimes.com 400 100 http://ibtimes.co.uk/ http://ibtimes.co.uk/images/top_logo_ibt2_3.gif Retail sales fell less than expected in June as a strong showing from grocers offset weakness in clothing and household goods stores, a survey showed on Wednesday. http://ibtimes.co.uk/data/articleimgs/3634-oxford-circus.jpg http://ibtimes.co.uk/articles/20160626/june-retail-sales.htm http://ibtimes.co.uk/articles/20160626/june-retail-sales.htm Sun, 26 Jun 2016 06:52:34 EDT The world's economic powers came under pressure to act boldly to halt financial distress as panic selling clenched Asian markets on Friday and anxiety spread over an expected global economic recession. http://ibtimes.co.uk/data/articleimgs/4626-trader.jpg http://ibtimes.co.uk/articles/20081010/financial-crisis-asia-stocks.htm http://ibtimes.co.uk/articles/20081010/financial-crisis-asia-stocks.htm Fri, 10 Oct 2008 08:14:56 EDT Chancellor Alistair Darling appealed on Friday for new ideas to tackle the global financial crisis, urging speedier international coordination and a shift in focus for the International Monetary Fund. http://ibtimes.co.uk/data/articleimgs/4625-alistair-darling.jpg http://ibtimes.co.uk/articles/20081010/alistair-darling-financial-crisis-ideas.htm http://ibtimes.co.uk/articles/20081010/alistair-darling-financial-crisis-ideas.htm Fri, 10 Oct 2008 08:12:21 EDT For nearly three weeks, investors who bet on falling stock prices have been prohibited from short selling more than 950 companies under an experiment by securities regulators to restore equilibrium to a fragile financial system. http://ibtimes.co.uk/data/articleimgs/4624-investors.jpg http://ibtimes.co.uk/articles/20081010/markets-short-sellers-stock.htm http://ibtimes.co.uk/articles/20081010/markets-short-sellers-stock.htm Fri, 10 Oct 2008 08:08:38 EDT Don't expect the G7 to get in the way of the U.S. dollar's rally even if global finance leaders can agree to boost liquidity and ease the global credit crunch that has fuelled demand for the greenback. http://ibtimes.co.uk/data/articleimgs/4623-g-7.jpg http://ibtimes.co.uk/articles/20081010/dollar-rally-meeting.htm http://ibtimes.co.uk/articles/20081010/dollar-rally-meeting.htm Fri, 10 Oct 2008 08:04:16 EDT Interest rate cuts alone won't be enough to fix the problems at the core of the global financial system due to a lack of confidence in the health of financial institutions. http://ibtimes.co.uk/data/articleimgs/4610-pound-sterling.jpg http://ibtimes.co.uk/articles/20081009/interest-rate-cuts-financial-crisis.htm http://ibtimes.co.uk/articles/20081009/interest-rate-cuts-financial-crisis.htm Thu, 09 Oct 2008 08:01:17 EDT Pledges made by European leaders to tackle the global financial crisis at their Paris summit on Saturday are insufficient to stop the rot banks are fighting hour by hour, analysts say. http://ibtimes.co.uk/data/articleimgs/4593-president-nicolas-sarkozy.jpg http://ibtimes.co.uk/articles/20081006/european-summit-bank-crisis.htm http://ibtimes.co.uk/articles/20081006/european-summit-bank-crisis.htm Mon, 06 Oct 2008 10:55:00 EDT Wall Street's mood will likely remain dark this week as fallout from the credit crisis continues to corrode the U.S. economy and questions linger about the likely effectiveness of the newly passed bailout plan in shoring up the financial system. http://ibtimes.co.uk/data/articleimgs/4592-wall-street.jpg http://ibtimes.co.uk/articles/20081006/wall-street-rescue-plan.htm http://ibtimes.co.uk/articles/20081006/wall-street-rescue-plan.htm Mon, 06 Oct 2008 10:46:21 EDT Archaeologists probing the secrets of Stonehenge, Britain's most famous prehistoric monument, said on Monday it may have been an ancient pilgrimage site for the sick who believed its stones had healing qualities. http://ibtimes.co.uk/articles/20080923/stonehenge-pilgrimage-site.htm Tue, 23 Sep 2008 07:00:19 EDT Britain will get through the financial crisis and the government has to stop bickering about who should run the country, Chancellor Alistair Darling said on Monday. http://ibtimes.co.uk/articles/20080922/alistair-darling-economy-action.htm Mon, 22 Sep 2008 11:18:51 EDT The Bank of England's Monetary Policy Committee voted 8-1 to keep interest rates at 5 percent this month with David Blanchflower calling for a half-point reduction in borrowing costs. http://ibtimes.co.uk/articles/20080917/bank-england-interest-rates.htm Wed, 17 Sep 2008 09:42:06 EDT The number of Britons claiming unemployment benefit rose for a seventh consecutive month in August and by its biggest amount since December 1992, official data showed on Wednesday. http://ibtimes.co.uk/data/articleimgs/4564-worker.jpg http://ibtimes.co.uk/articles/20080917/unemployment-august-jobless-unemployed.htm http://ibtimes.co.uk/articles/20080917/unemployment-august-jobless-unemployed.htm Wed, 17 Sep 2008 09:38:39 EDT In one $85 billion (47.8 billion pounds) fell swoop, the U.S. Federal Reserve may have wiped out what credibility it won resisting Lehman Brothers' rescue plea and opened its door to countless other companies to come calling for cash. http://ibtimes.co.uk/data/articleimgs/4563-federal-reserve.jpg http://ibtimes.co.uk/articles/20080917/federal-reserve.htm http://ibtimes.co.uk/articles/20080917/federal-reserve.htm Wed, 17 Sep 2008 09:36:02 EDT Rising utility bills are likely to push inflation to a new series high in August, requiring Bank of England Governor Mervyn King to write another explanatory letter to the government. http://ibtimes.co.uk/data/articleimgs/4552-mervyn-king.jpg http://ibtimes.co.uk/articles/20080916/inflation-bank-england-rising.htm http://ibtimes.co.uk/articles/20080916/inflation-bank-england-rising.htm Tue, 16 Sep 2008 09:09:42 EDT It's getting lonely on Wall Street. Bear Stearns melted down in March and has disappeared inside JPMorgan, Merrill Lynch absorbed more than $40 billion (20 billion pounds) in write-downs and rushed into the arms of Bank of America, and Lehman Brothers is being sold for scrap after it declared bankruptcy on Monday. http://ibtimes.co.uk/data/articleimgs/4550-morgan-stanley.jpg http://ibtimes.co.uk/articles/20080916/goldman-sachs-morgan-stanley-tests.htm http://ibtimes.co.uk/articles/20080916/goldman-sachs-morgan-stanley-tests.htm Tue, 16 Sep 2008 09:04:20 EDT A treatment for varicose veins helped cut the appetites of healthy, growing pigs and might offer a less radical alternative to weight-loss surgery for obese people, U.S. researchers reported on Tuesday. http://ibtimes.co.uk/data/articleimgs/4549-pigs.jpg http://ibtimes.co.uk/articles/20080916/varicose-vein-treatment-hunger-pigs-obesity-treatment.htm http://ibtimes.co.uk/articles/20080916/varicose-vein-treatment-hunger-pigs-obesity-treatment.htm Tue, 16 Sep 2008 09:00:39 EDT The Bank of England is monitoring conditions in sterling money markets following Lehman Brothers' filing for bankruptcy and will act to stabilise them if necessary, it said on Monday. http://ibtimes.co.uk/data/articleimgs/4540-pound-sterling.jpg http://ibtimes.co.uk/articles/20080915/bank-england-pound.htm http://ibtimes.co.uk/articles/20080915/bank-england-pound.htm Mon, 15 Sep 2008 09:41:17 EDT Letting Lehman Brothers fail is the lesser of two evils facing U.S. financial regulators trying to stop a textbook trading ploy dead in its tracks - a private sector raid on the public purse. http://ibtimes.co.uk/data/articleimgs/4538-lehman-brothers.jpg http://ibtimes.co.uk/articles/20080915/lehman-brothers.htm http://ibtimes.co.uk/articles/20080915/lehman-brothers.htm Mon, 15 Sep 2008 09:33:32 EDT Prime Minister Vladimir Putin was just one of several top officials putting a positive spin on investing in Russia this week, but investors remain cautious despite a sharp sell-off. http://ibtimes.co.uk/data/articleimgs/4537-prime-minister-vladimir-putin.jpg http://ibtimes.co.uk/articles/20080915/russia-investment-investors-russian.htm http://ibtimes.co.uk/articles/20080915/russia-investment-investors-russian.htm Mon, 15 Sep 2008 09:27:41 EDT Britain is heading for a shallow recession in the second half of this year and next year's economic growth will be the weakest since 1992, the Confederation of British Industry said on Monday. http://ibtimes.co.uk/data/articleimgs/4531-sales.jpg http://ibtimes.co.uk/articles/20080915/recession-second-half-economy.htm http://ibtimes.co.uk/articles/20080915/recession-second-half-economy.htm Mon, 15 Sep 2008 08:48:35 EDT