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WSP Group FY Earnings Preview as Jefferies Gives it 'Buy' Rating

Ahead of WSP Group preliminary 2011 results, the UK top brokers Jefferies has recommended 'Buy' rating on the stock, while Espirito Santo has assigned 'Outperform' rating with a target price of 300 pence per share. The consultancy company is scheduled to report its preliminary 2011 results on February 27, 2012.

US: Export Growth May Boost Recovery

Despite the economic slowdown, exports of goods and services over the last twelve months have reached $2.089 trillion; an increase of 32.64 percent when compared for the same period in 2009.

Unemployment is Almost Certain to Rise Further, But it is Not All Bad News

On 15 September 2011 the Office for National Statistics reported that the level of unemployment had remained unchanged at 7.9 per cent but only because the estimated number of people employed in the economy, had fallen by 69,0000 in the three months to July, to total 29.17 million, of whom 23.13 million are in the private sector 23.13 million and 6.04 million in the public.

Sino-Russian Gas Deal: Lengthy Negotiations Show Distrust Still Prevails

Russia said on Tuesday it is close to finalising a huge gas supply deal with China, in what would be a landmark trade agreement, but while officials insist cooperation between the two wary neighbours is only set to improve, lengthy negotiations prove the distrust is still hampering the Sino-Russian relationship.

Post-Fukushima: Japan Faces Power Shortages

Japan is planning to conduct "stress tests" on all of its nuclear power plants to address safety fears and avoid possible power shortages when demand reaches peak levels later this summer.After the11 March accident at Fukushima Daiichi power plant, reactors had to be shut down and delays in restarting others already undergoing regular maintenance checks mean that only 19 of Japan's 54 reactors are currently operating, hindering the county's effort to recover after the tsunami and...

Not all plain sailing for the UK's renewable energy sector

2010 may well be regarded as one of mixed fortunes for Britain's renewable energy industries; a year opening with triumphs and ending with a few tribulations. Here's a brief resumé of some of the progress made to date in the task of reducing the UK's dependence on fossil fuels and an indication that there is still a long way to go.
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