United States Represents Nearly 30 Percent of Worldwide Projects
The Netherlands, one of the world’s largest foreign direct investment (FDI) recipients in 2009, posted strong results for a year marked by slow recovery from a global economic recession. The Netherlands Foreign Investment Agency (NFIA) supported the attraction of 155 foreign investment projects, representing 3,887 jobs and [...]
Manulife Forms Financing Syndicate; Provides $88.5 Million To Support Project Developed By Boralex Inc.
Project Expected To Be Fully Operational Later This Year
Manulife Financial announced the completion of a $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt (“MW”) wind farms in south-western Ontario.
Manulife formed [...]
Monthly retail sales figures released by the Department of Commerce show strong gains despite foul weather conditions that plagued much of the east coast in February, noted the Retail Industry Leaders Association (RILA).
Retail sales outside auto dealers increased by a healthy 0.8 percent in February following a solid 0.5-percent gain in January; non-auto retail sales [...]
New study reveals local consumers access an increasing number of online media sources before buying; use of online coupons and appointment scheduling on the rise
Nearly all consumers (97 percent) now use online media when researching products or services in their local area, according to BIA/Kelsey’s User View Wave VII, an ongoing consumer tracking study conducted [...]
More Than 500,000 Other Modifications Have Been Completed Since January 2008
Bank of America has completed nearly 21,000 mortgage modifications under the federal government’s Home Affordable Modification Program (HAMP), according to the bank’s latest monthly progress report to the Department of Treasury.
“We are in a position to show strong results in completion of permanent HAMP modifications [...]
Property and casualty insurance industry net income nearly tripled in 2009, to $35 billion, according to the Highline Data Performance Monitor.
The Performance Monitor, which aggregates key statutory financial data reported by individual insurance companies every quarter, also found that the life insurance industry saw net gain from operations more than triple to a five-year high [...]
Slow job creation continues to drag on the economy, according to the Consumer Reports Index for March. This month’s findings show that, although the tide of job losses has been stemmed, the level of job creation needed to fuel a consumer recovery has not developed.
Consumer Reports Employment Index stands at 48.7 for March, reflective of [...]
Crude Oil Production Rose 60,000 Barrels Per Day From January
The Organization of Petroleum Exporting Countries’ (OPEC) crude oil production rose to 29.31 million barrels per day (b/d) in February, an increase of 60,000 (b/d) from an estimated January level of 29.25 million b/d, according to a just-released Platts survey of OPEC and oil industry officials [...]
Sixth Consecutive Increase; Index is Growing at the Fastest Rate Since 1994
The Conference Board Employment Trends Index(TM) (ETI) rose in February for the sixth consecutive month. The index now stands at 93.5, up from January’s 93.2. During the past six months, the index increased by 13.4 percent (annual rate), the highest six-month growth rate since [...]
Largest State Workers’ Compensation System to Mandate Medical Billing EDI, Electronic / Paper Workflows, PHI Protections and Uniform Bill Data
Jopari Solutions is expanding its offering of eBill processing services in California to assist Payers’ compliance under the state’s new proposed Business Rules for Paper and Electronic Billing, published March 4, 2010. The proposed California rules [...]