World Business Report

by BBC · · · · 160 subscribers

The latest business and finance news from around the world from the BBC

Greece is said to be close to a deal to cut its debt mountain by a hundred billion euros. Wall Street continues to be hopeful about the US economy, but how long will this positive sentiment last? And a sigh of relief for two of Australia's largest car manufacturers, which …
Developing stories regarding Europe and Iran proved the focus for share trading on Wall Street. There was some pessimism that Greece would be able to strike a deal with its creditors. And the prospect of more economic sanctions on Iran pushed the oil price higher.
Strong corporate earnings and the lowest unemployment claims in nearly four years gave strength to shares on Wall Street. Microsoft and IBM both released solid figures after the bell, but Google's latest numbers disappointed the market and its shares fell by 10%. Meanwhile, shares in Eastman Kodak stopped trading after …
The US economy grew at its fastest pace in a year and a half - but it still managed to disappoint. Also: can Davos inspire? We assess the annual gathering of the great and good at the World Economic Forum. And: the backlash against Twitter as the social networking site …