Swedish jobless rate inches up in January

Note: This section contains information in English only.
Source: RTT News
Unemployment level in Sweden surprisingly advanced in January of this year, reaching 8.6%, up from 8.4% in January 2013. At the same time, analysts predicted the indicator to fall to 8.3%. Therefore, the total number of people without any work hit 436,000. Moreover, it is worth pointing out that among young people aged 15 to 24 years jobless rate stayed at 23.9% in January 2014.
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Thu, 13 Feb 2014 11:07:02 GMT

BNP Paribas profit drops amid legal charges

BNP Paribas SA, the biggest bank in France, posted a considerable decline in its quarterly profit, while it set aside more than $1.1 billion to cover legal charges. Net income for October-December reached 127 million euro versus 519 million euro a year ago. Analysts waited for a 1.02 billion euro profit. Today, BNP Paribas shares are losing 4.7% to 57.98

Thu, 13 Feb 2014 16:54:37 GMT

U.S. shares stable as S&P 500 rally ends

Wall Street shares remained flat on Wednesday trading session with the benchmark index Standard & Poor's 500 rising by 3.9% in the last four sessions after company Procter & Gamble revealed its earnings outlook. The Dow Jones industrial average shed 0.19% to 15,963.94, the S&P 500 Index lost 0.03% and the Nasdaq Composite Index added 0.24% to 4,201.29.

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