Archive for November, 2009

Black Friday online retail sales reached $5.6 million in just one minute at 12:59

The busiest minute for online retail sales saw a 131% like-for-like increase on last year Between 12:00 and 13:00 retail sales peaked at $183 million, an increase of 61% Black Friday, the busiest shopping day of the year, ended on a high at $3B, up 52% Retail Decisions (ReD), a world leader in card fraud [...]

U.S. crude oil production in 2009 poised to show biggest jump in almost 40 years

United States crude oil production for 2009 is on target to have its biggest one-year jump since 1970, according to a Platts analysis of industry data. With U.S. oil production averaging 5.268 million barrels per day (b/d) through October, the gain in U.S. output will be the most since the country produced 9.637-million b/d in [...]

Cyber Monday Alert: Stay safe while shopping online this Holiday Season

Verizon Offers Tips to Protect Personal Data While Making Online Purchases “Cyber Monday” – the Monday after Thanksgiving that kick-starts the holiday online shopping season – is near. And more people than ever will be using this convenient form of shopping. According to a recent study from MarketLive, 55 percent of surveyed shoppers plan to [...]

Banks Still Not Lending, Centric Commercial Finance survey reveals

65% of corporate financial advisers have stated that the ‘the banks are not lending’, according to an independent survey commissioned by Centric Commercial Finance. 72% said that cash flow was proving to be their clients’ biggest challenge. Disappointingly, 56% of respondents claim that banks have removed or are restricting clients’ facilities. Tim Hawkins comments: “The [...]