Jan 29

UK consumer confidence falters in face of 2010 uncertainty

By Angela Monaghan, Economics ReporterPublished: 6:15AM GMT 06 Jan 2010
The building society’s monthly index fell to 69 from 74 in November – the sharpest drop since November 2008 – as consumers faced a year of economic uncertainty.
“The five point fall in confidence in December suggests that an element of caution may have begun to creep [...]

Jan 6

‘Avatar’ makes $4.8m on opening day in China

APPublished: 7:06AM GMT 06 Jan 2010

Avatar has become the fastest film to make $1 billion in ticket sales
Avatar raked in 33m Chinese yuan on Monday, in a 3-D, 2-D and IMAX joint release, Weng Li, spokesman for state-run film importer China Film Group told The Associated Press in a phone interview on Wednesday.
Mr Weng called [...]

Jan 6

Reed Elsevier leaked memo shows US business on blocks

By Helia Ebrahimi, Senior City CorrespondentPublished: 4:53PM GMT 06 Jan 2010
Reed Elsevier
The moves, expected in the next six months, were revealed in a leaked internal memo from John Poulin, chief executive of Reed Business Information (RBI) in the US.
Reed Elsevier tried to sell its global business information division, which includes magazines Estates Gazette and Variety, [...]