Thursday, 17 February 2011
Monday, 14 February 2011
China becomes world's second-biggest economy
China has overtaken Japan to become the world's second-biggest economy.
At the end of 2010, Japan's economy was worth $5.474 trillion while China edged towards $5.8 trillion during the same period.
Analysts believe that based on current growth rates, China will replace the US as the world's biggest economy in about a decade. During 2010, Japan was hit by falling exports and consumer demand while China enjoyed a manufacturing boom.
Full details
At the end of 2010, Japan's economy was worth $5.474 trillion while China edged towards $5.8 trillion during the same period.
Analysts believe that based on current growth rates, China will replace the US as the world's biggest economy in about a decade. During 2010, Japan was hit by falling exports and consumer demand while China enjoyed a manufacturing boom.
Full details
Easyjet to trial "revolutionary" paint to cut costs
Easyjet are to experiment with a special type of paint which to date has only been used on US military aircraft. The paint is said to reduce drag when planes are flying and thus cut down on fuel consumption and therefore costs.
Full Story
Full Story
Thursday, 10 February 2011
New measures to help exports announced
With new figures showing a widening gap in the UK's trade deficit in goods and services, the Business Secretary Vince Cable has announced new measures to encourage smaller companies to export more.
Mr Cable said the UK had "consumed too much and exported too little" and the four new schemes would be created to help firms get access to credit and insure against risk.
Full story
Mr Cable said the UK had "consumed too much and exported too little" and the four new schemes would be created to help firms get access to credit and insure against risk.
Full story
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