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Economic: Strong Swiss Franc Punches Holes in Cheese Exports
AP

AFFOLTERN IM EMMENTAL, Switzerland - The Emmental Show Dairy has cranked out tons of cheese for years. But now it's in trouble — production is down by a third and the company fears it may be forced to cut back to just a few wheels a day, enough to show tourists.

Posted by admin on Saturday, August 27 @ 03:27:59 UTC (1496 reads)
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Economic: Authorities Urge Filipinos to Stop Hoarding Coins
AP


MANILA, Philippines - The Philippine central bank is appealing to the public to stop hoarding coins, saying the habit is forcing it to mint more money at a high cost.

Posted by admin on Saturday, August 27 @ 03:27:03 UTC (1453 reads)
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Economic: Britain Orders 14 Boeing Chinooks in £1 Billion Deal
AFP



LONDON - Britain announced Monday it has ordered 14 new Chinook helicopters from US aerospace and defence giant Boeing at a cost of £1.0 billion ($1.65 billion, 1.1 billion euros).

Posted by admin on Saturday, August 27 @ 03:26:24 UTC (193 reads)
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Economic: Australia's Fairfax Media Posts $408 Million Loss
AP

SYDNEY - Fairfax Media Ltd., publisher of hundreds of newspapers in Australia and New Zealand, Friday reported a $408 million annual loss after writing down the value of its publications amid a challenging environment for media companies.

Posted by admin on Saturday, August 27 @ 03:25:44 UTC (214 reads)
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Economic: China Faces Obstacles in Bid to Rebalance Its Economy
Bloomberg News

CHENGDU, China — A casual glance out the window is all it takes to witness the blistering growth that has become the signature feature of this provincial capital and of other cities in the vast Chinese interior. A phalanx of half-finished office and apartment towers flanked by yellow cranes rises above the brown waters of the Jinjiang River.

Posted by admin on Saturday, August 27 @ 03:25:05 UTC (208 reads)
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