Finance
House prices rise 1.9% - Halifax

The Press Association-House prices have recorded their strongest quarterly rise in three years in a further sign that efforts...
Starbucks tax offer 'too little, too late' for Britain

AFP-Despite pledging to pay millions of pounds in extra tax in Britain, Starbucks faces a battle to restore its reputation...
UBS 'manipulated Swiss franc rates since 2001'

AFP-Swiss banking giant UBS, which last week was slapped with $1.5 billion in fines for manipulating global interest rates,...
No clean bill of health for MoD

Auditors have refused to give the Ministry of Defence's accounts a clean bill of health for the sixth year running. The Press...
Britain storms out of recession but cautious on outlook
Virgin Media gets Olympics lift
Bank of England divided over QE
Germany's Schaeuble confident of go-ahead for eurozone pacts
Adnams gets boost from new beers
HSBC hid $16 bn in Iran transactions: US Senate report
German finance minister calls for stronger EU
Services sector growth welcomed
Payday lender Wonga plans flotation
UK recession deepens as official GDP shrinks
Marks & Spencer profits plunge 19%, slashes target
Travel
'Dither and delay' warning on HS2

The Press Associtaion-High speed rail between London and Birmingham might not be achieved in the 2020s because of...
Wife's plea over man's Greek arrest

The Press Association-An MP has voiced his concerns about the plight of a British national who was imprisoned while...
Louvre ditches audio guides for Nintendo consoles

AP - The Louvre Museum is used to dealing with antiquities: Nearly all of its thousands of works of art date to 1848...
French Concordia survivors get €2m payout

AFP- The owner of the Costa Concordia cruise liner that ran aground off northwest Italy in January has paid more...
Chicago hotel prices jump as summer begins

(Relaxnews) - Hotel prices in the Windy City soared by 23 percent this month, according to new research by Trivago. Chicago...
Sport
Vettel’s new partner? Raikkonen or Ricciardo

The decision to Sebastian Vettel’s new partner probably falls between Kimi Raikkonen and Daniel Ricciardo. Red Bull team boss Christian Horner...
Mercedes plans new assault on Vettel: Infrared trick and louvers
Barcelona lose first La Liga game of season

AFP-Barcelona suffered their first La Liga defeat of the season on Saturday when they slumped to a shock 3-2 loss at Real Sociedad. Barcelona...
Wiggins may target Tour defence after all

AFP-Bradley Wiggins says he is likely to defend his Tour de France title after all next year despite previously nominating the Giro d'Italia as...
Messi in light training after injury scare

AFP-Barcelona star Lionel Messi took part in light training on Thursday after being stretchered off with a knee injury during the 0-0 draw at home...
Benitez tiptoes onto Chelsea tightrope

AFP- Freshly appointed as Chelsea's latest interim coach, Rafael Benitez could be forgiven for wondering whether he has accepted a poisoned chalice. The...
McIlroy makes late charge at Singapore Open
Tower of Polish power knocks down Murray in Paris
Chelsea rage at referee's 'inappropriate language'
Suspended Olympic badminton players appeal
Culture
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Gigantic balloon creature splits opinion in AustraliaAFP - A gigantic whale-like balloon with pendulous udder-like appendages, designed to mark the centenary of Australia's...Read More...
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Digital download sales top £1bn
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The Press Association-Digital sales of music, games and films have broken the £1 billion barrier for the first time,... -
Picasso, Duchamp in first ever face-off in Stockholm
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AFP- Stockholm's Museum of Modern Art is pitting Pablo Picasso and Marcel Duchamp, two of the 20th century's... -
Italy experts find 100 drawings by young Caravaggio: report
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AFP- Italian art experts have discovered around 100 drawings and some paintings by the young Renaissance master Caravaggio... -
Musical 'Once' big winner at Tony awards
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AFP-The musical "Once," which tells the story of the love between a musician and an immigrant singer and pianist,... -
J.K. Rowling puts magic in PlayStation interactive bookAFP-Harry Potter author J.K. Rowling is putting the magic in a "Book of Spells" that uses augmented reality to make...Read More...
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British Library buys Europe's oldest book for £9m
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AFP-The St Cuthbert gospel, Europe's oldest intact book, will remain in Britain after a record-breaking fundraising... -
Yo-Yo Ma and Paul Simon win 2012 Polar Music Prize
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AFP-Acclaimed Chinese-American cellist Yo-Yo Ma and "world-class songwriter" Paul Simon, also of the United States,... -
Munch's ‘The Scream’ sells for $120mn at auction
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Reuters - Edvard Munch’s masterpiece “The Scream,” one of the world’s most recognizable works of art, sold... -
Rock analysis suggests France cave art is 'oldest'
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(AFP) Experts have long debated whether the sophisticated animal drawings in a famous French cave are indeed the...
Eurozone unemployment 'stable' at 11.7% in December |
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Friday, 01 February 2013 14:49 |
AFP-Chronic and rising unemployment across the eurozone appeared to stabilise in December, although EU data released on Friday still showed almost 19 million people without work in the 17-state single currency area. The Eurostat statistics agency put the unemployment rate at 11.7 percent, the same level as in November, after revising that month's figure down from 11.8 percent. Across the full, 27-state European Union, which includes countries such as Britain and Poland, the rate was 10.7 percent in December, or a little less than 26 million people on the dole (photo by theseoduke). Compared with a year earlier, the eurozone has nonetheless shed 1.796 million jobs. Divergences in terms of economic performance within the bloc remain pronounced, as the lowest unemployment rates were again recorded in the the wealthier north, with Austria on 4.3 percent, Germany and Luxembourg each on 5.3 percent and the Netherlands on 5.8 percent. Greece and Spain continue to log by far the highest rates, at 26.8 percent in October and 26.1 percent in December, respectively. |