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Tag Archives: Second Quarter

US Economy grew Faster than thought

The US economy grew at a faster pace than initially thought, figures show. The economy grew at an annualised rate of 2.5% in the July-to-September period, up from an earlier estimate of 2%, the Commerce Department said. Earlier this month, the US Federal Reserve said it would pump $600bn (£373bn) into the economy to try to boost the economic recovery. ... Read More »

Sony Ericsson to dump Symbian OS ?

Sony seems to have dumped Symbian products as it has no new plans for products with Symbian OS in it. Sony is not the only vendor to join the dump Symbian bandwagon. “We have no plans for the time being to develop any new products to the Symbian Foundation standard or operating system,” Aldo Liguori, a spokesman for the London-based ... Read More »

Irish economy shrinks by 1.2%

It has come as a surprise to many. The Irish economy has actually shrunk by 1.2% while everyone was expecting it grow. The Irish Republic’s economy shrank in the second quarter from the previous three months. Gross domestic product (GDP) fell 1.2%, the Central Statistics Office said. It also revised down its measure of growth in the first quarter to ... Read More »