Tag Archives: Downturn

IDB Warns Of Severe Latin American Recession In 2009 (Nasdaq)

CARACAS (AFP)–The Inter-American Development Bank predicted on Sunday a sharp downturn for Latin America in 2009, with lower revenues and rising unemployment, and said it would redirect six billion dollars to finance production. Continue reading

SWITZ: Nestlé bucks downturn with strong earnings growth (Just Food)

Nestlé, the world’s largest food group, has shrugged off surging energy and commodity costs to post strong sales and earnings growth in the first half. Continue reading