German economic performance stagnated in the final quarter of 2009, remaining identical to the figures from the previous three months. After posting a slight growth of 0.4 percent in the second quarter, and 0.7 percent in the third, Germany’s gradual economic recovery halted at the end of the year....

As the UN climate conference in Copenhagen enters its second week, environment ministers are set to hold a series of closed-door meetings in a bid to iron out a draft agreement to combat global warming. The first week of the climate conference in the Danish capital produced little tangible...

A new report examining the impact of the recession on young people in the UK, has found that the majority of 18-24 year olds are highly motivated with a strong work ethic. They are keen to work and have a flexible attitude to the type of jobs they are...

Nearly two-thirds of leading IT professionals believe their infrastructures are not flexible enough to meet the changing business priorities, according to research released today. Of the 200 top IT professionals surveyed in Fujitsus new report entitled Dynamic Infrastructures and the Future of IT, 61{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} feel that their IT infrastructure...

UK manufacturing output rose at its fastest rate in 18 months in July, helped by a sharp pick up in car production, official figures show. The Office for National Statistics (ONS) said factory output rose by 0.9{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} from June – three times what analysts had forecast. However manufacturing output...

Denting hopes that a surge in consumer spending would help Europe’s largest economy quickly climb out of recession. The provisional data published by the Federal Statistics Office on Monday fell far short of analysts’ expectations for the retail sector. Prior to the announcement, economists polled by Reuters news agency...

Peter Cullimore scooped a lifetime achievement award on Wednesday night at the Trade Association Forum awards. Anita Holbrow, Director of Marketing and Member Services said: “I would like to congratulate Peter on behalf of the REC on receiving this award. Peter Cullimore has been at the forefront of this...

Following Wednesday’s agreement within the G-8 on limiting the increase in the Earth’s temperatures to within two degrees of 18th-century levels, another eight countries sign on. Will it make a difference? Leaders of the world’s biggest polluting countries pledged on Thursday to step up their battle against climate change,...

Eager to dispel doubts about the difficulties of executing Pfizer Inc.’s $68 billion tie-up with Wyeth, Pfizer’s CEO said it will be done more like microsurgery than just stitching two huge corporations together. Jeffrey Kindler has spent two years transforming Pfizer into smaller, entrepreneurial research and marketing business units,...

US President Barack Obama has said he wants to avoid economic stimulus measures that would signal protectionism or spark a trade war. Mr Obama was responding to international criticism of a “Buy American” clause in the $800bn (£567bn) US economic recovery package. The clause seeks to ensure that only...

Despite the overall financial gloom, German engineering giant Siemens got off to a good start in the new year. The company reported an earnings increase Tuesday, Jan. 27, while expressing a bit of cautious optimism. Earnings for the first quarter climbed 7 percent from a year ago to 19.6...

John Thompson, outgoing chief executive of security company Symantec, is being considered for the post of secretary of the U.S. Department of Commerce, according to a news wire report on Tuesday. “He (Thompson) is the leading candidate,” Reuters quoted an unidentified senior Democratic source as saying. “He is still...

Chancellor Angela Merkel’s government agreed to implement a second economic stimulus package on Tuesday, Jan. 27. The program calls 50 billion euros ($66 billion) worth of investments, aid to businesses and tax breaks. The stimulus program, agreed to by Merkel’s Christian conservatives and Social Democratic Party earlier this month,...

Brand-new Chief Executive Carol Bartz deserves exactly zero blame or credit for the fourth-quarter financial results Yahoo will announce Tuesday afternoon, but the judgment of her abilities will begin in earnest when she bears the Internet pioneer’s tidings. That’s because Bartz so far has spent only 20 minutes on...

Some financial analysts believe that Europe might have reached its economic low point, with recovery on the way. But economists say they are waiting for some key statistics which will be released next week. The 16-member euro zone might still be in the grip of a severe economic slump,...