Young employees in US get hired again

Source: CNN Money
According to US Labour Department statistics, there has been hired 650,000 workers aged from 16 to 24 during last three months. That is the biggest surge in young people employment since 2007. Young workers were hit more severely by last recession. In 2010 unemployment level for college graduates aged 24 and younger reached all time record high. However, since August young employees have been joining labour force rapidly.
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Thu, 01 Dec 2011 13:43:56 GMT

Huge deposits of natural gas discovered in Mozambique

Anadarko Petroleum Corp. stated that the company has found large deposits of the natural gas in Mozambique. The reserves are estimated to be more than 30 trillion cubic feet of gas. About 20% of the project is owned by the Japanese company Mitsui, thus highly benefiting Japan as country's power generation operates mainly on the natural gas.

Thu, 01 Dec 2011 15:28:52 GMT

Disney dividend to reach 20-years high

Walt Disney Co. has announced of raising company's annual dividend  by 50%. The new dividend will be increased from 40 to 60 US cents and will be delivered on January 18, company said in its statement. Disney who is also an owner of ABC TV network is going to pay back cash also via stock repurchases. Yesterday Disney added 5.4%

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