German Unemployment Falls Unexpectedly
German unemployment unexpectedly fell for the first time in nine months in July, aided by government measures ahead of September’s federal election.
Adjusted for seasonal swings, unemployment fell in July by 6,000 month-on-month, giving a jobless rate of 8.3 percent, Federal Labour Office data showed on Thursday. More
Japan factory output rises again
Japan’s factory output rose for the fourth straight month in June, up 2.4% from May, as the manufacturing sector continued to recover. More
Poland Lures Putnam as Zloty Leads Emerging Markets
Five months after investors fled Poland on concern eastern Europe was headed for a banking crisis, money is flooding back to one of the few countries to escape the global recession. More
Stock index futures point to higher open
Stock index futures pointed to a higher open for U.S. shares on Thursday, ahead of the latest batch of corporate earnings as the current reporting season reaches its peak.
At 5.24 a.m. ET, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.6 and 0.7 percent. More
Shell unveils 70% drop in profits
The Anglo-Dutch company’s profit for the second quarter of 2009 totalled $2.3bn (£1.4bn).
Its results come two days after rival BP saw its profits for the same period fall 53%, again due to oil price falls. More
Senate probes Goldman, Deutsche: report
Goldman Sachs Group Inc and Deutsche Bank AG were issued subpoenas by a U.S. Senate panel looking for evidence of fraud in the 2008 mortgage-market meltdown, the Wall Street Journal said, citing people familiar with the matter. More
