LONDON: Gold prices on Wednesday hit record highs nearing 1,183 dollars as a weak greenback and inflationary fears fuelled demand for the precious metal, analysts said.
Author: Charles Michel
Bad news isn’t bad wine. It doesn’t improve with age. According to Bain & Co, 80% of CEOs think their brands offer a superior experience, but only 8% of their consumers agreed. AOL seemed to have gleaned that fact. AOL’s running man (logo) had already run off the cliff, revealing a brand that was desecrated, unoriginal, normalized and downtrodden.
Gold futures climbed to a new record above $1,183 an ounce Wednesday, getting a fresh head of steam after a report that India is open to buying more gold from the International Monetary Fund drew even more investors into the bullion market.
Up to 60 per cent of the job losses for Opel/Vauxhall, GM’s European arm, will be in Germany with the future of the Opel plant in Antwerp, Belgium, remaining uncertain.The announcement by the US car giant’s acting European head Nick Reilly is slightly fewer job losses than the 10,000 originally thought.
A new Novartis AG vaccine plant in North Carolina is supposed to boost the U.S.’s ability to fight pandemics like the current swine-flu virus. But despite a ribbon-cutting Tuesday, it won’t be pumping out flu shots for at least another two years.
Vicon, the Academy Award winning provider of motion capture systems for the Entertainment, Engineering and Life Science industries has announced its flagship camera, the T-Series, has won Best New Product Developed in the UK at the BCS & Computing Awards 2009.
Canada’s wealthiest people saw their riches increase this year, despite the global recession, according to Canadian Business magazine. The magazine released its 11th annual ranking of Canada’s 100 wealthiest people today.
Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these are the same people who insisted that the economy would continue growing last year, even while it was clear that we were already in the beginning stages of a recession.