Posts Tagged ‘sector’

Key Banking Regulators Head Back to Private Sector

National Journal: “As head of the Securities and Exchange Commission for the past four years, Mary Schapiro failed to win a major civil action against any Wall Street executive connected to what may be the worst financial fraud in history, the subprime-mortgage scam that led to the 2008 crash. As head of the Justice Department’s [...]

Greece faces bailout review, plays down public sector job losses

ATHENS (Reuters) – Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan as the government plays down the prospect of public sector job cuts. The heads of the "troika" mission from the EU, IMF and the European Central Bank will meet [...]

Gambia’s public sector to have 4-day working week

BANJUL (Reuters) – Gambian President Yahya Jammeh has decreed a four-day working week for public officials, making Friday a day of rest to allow residents in the small West African state more time for prayer and agriculture. Jammeh said in statement the decision was made in light of demand from the general public. The shorter [...]

Private sector job gains offer hope for labor market

WASHINGTON (Reuters) – Private-sector employers stepped up hiring in December, suggesting some momentum in the economy as the year ended, even as a budget crisis loomed. While other data on Thursday showed an increase in the number of Americans filing new claims for unemployment benefits, the trend remained consistent with steady job growth. "The underlying [...]

Greek public sector workers strike over reforms

ATHENS (Reuters) – Greek public sector workers walked off the job on Wednesday in protest at new austerity measures and layoffs demanded by foreign lenders, disrupting transport and shutting public schools and tax offices. The 24-hour strike is the latest in a series of protests since September against a package of wage cuts and tax [...]

Greek public sector workers strike over reforms

ATHENS (Reuters) – Greek public sector workers walked off the job on Wednesday in protest at new austerity measures and planned layoffs, disrupting local transport, grounding flights and shutting schools and tax offices. The 24-hour strike is the latest in a series of protests since September against a package of wage cuts and tax hikes [...]

Some foreign firms still active in Iran’s energy sector: U.S. report

WASHINGTON (Reuters) – At least seven companies from China, India, South Korea and South Africa continued to have investments in Iran’s oil and gas sectors in 2012 even as Tehran came under international scrutiny for its nuclear ambitions, a U.S. government watchdog said on Friday. A new U.S. law signed in August gave the Obama [...]

Asian factory sector struggles to shake off euro malaise

BEIJING/TOKYO (Reuters) – Asia's manufacturers are continuing to struggle in the face of tepid demand from the United States and Europe, according to business surveys and data releases on Monday that underlined the fragility of the global economy. More data later is expected to confirm that the euro zone is mired in recession while the [...]

Indonesia palm oil sector rattled by India tax

* Indonesia eyes similar tax changes in Malaysia * India move seen positive for CPO prices * Monsoon may pressure India’s hand on palm imports JAKARTA, July 20 (Reuters) – Indonesia, the world’s biggestpalm oil grower, is likely to see a drop in exports after topconsumer India effectively doubled import taxes on refinedproducts of the [...]