Car sales in France continue to decline

Note: This section contains information in English only.
Source: Reuters
New car sales in the second economy of Europe continued to be in the downtrend in August with the new car registrations slumping 11% to 85.5 thousand units. Volkswagen had the biggest decrease among the leading car producers, whose sales fell 24%. Peugeot and Ford sold 17% and 19% less cars this August, comparing with the same month in 2012. At the same time, General Motors sales surged 16%.  
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Tue, 03 Sep 2013 06:41:37 GMT

Rupiah falls to 4-year low amid record current account gap

The Indonesian Rupiah fell to the lowest level since April 2009, wakening beyond 11,000 per U.S. Dollar amid record current account gap. Indonesia's trade shortfall reached $2.3 billion in July, against economists' expectations for $393 million, as imports advanced 6.5% on year, whereas exports fell for a 16th straight month. The nation's currency lost 0.5% to 11,035 per greenback at

Mon, 02 Sep 2013 13:02:03 GMT

Bank of America plans to cut 1000 jobs by the end of October

One of the largest U.S. banking corporations is on the way to cut around 1000 jobs in the United States. The biggest of number of layoffs will take place in the Bank of America's branch in Beachwood, Ohio, where more than 950 will be cut. Moreover, almost 150 people will lose their workplaces in other Ohio cities. The bank

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