US shares end week down

Note: This section contains information in English only.
Source: Marketwatch

US equities closed slightly lower on Friday as increasing euro area bond yields fuelled investors' concerns regarding extending crisis in the region. Standard & Poor's 500 Index lost 0.27% or 3.12 points and closed at 1,158.67. Nasdaq traded down 0.8% or 18.57 points reaching 2,441.51 while Dow Jones Industrial Average dropped 0.2% or 25.77 points to 11.231.78.

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Mon, 28 Nov 2011 11:45:01 GMT

Online sales jump 24% on Black Friday

Online sales surged 24.3% during Black Friday and 39.3% on Thanksgiving Day compared to same days previous year. Mobile gadgets including smart phones and tablets made up 14.3% of all web retail sales on Black Friday. Online sales for beauty category were up 34.2%, home goods saw 48.8% increase and apparel sales climbed 47.2%. However, average value per purchase remained almost flat compared to last

Mon, 28 Nov 2011 11:43:52 GMT

London bankers' bonuses to decline

London bankers expect their bonuses to contract by about 20% compared to last year as Europe keeps struggling with debt crisis. The average employee of Canary Wharf and Square Mile expects to get a bonus worth approximately ВЈ19,920 or 24% of base salary. This measure is down compared to 35% of base pay last year. The approximation is based on average wage of ВЈ 83,000.

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