lundi 7 mai 2012

Business briefs

Facebook IPO

Facebook’s premium “social” advertisements continue to rise in price, according to two recent studies – a positive indicator that could offset concerns ahead of its IPO, according to a Financial Times report.

Barclays bank

Barclays is launching an online savings bank, the British lender’s first foray into the US business, according to a wsj.com report.

Deficit daze

The US trade deficit probably widened in March as imports rebounded from the biggest setback in three years, economists said in a survey before a report Thursday. The gap is estimated to grow to $50 billion from $46 billion in February.

Savers first

Britain will publish detailed proposals on reform of its banking sector next month, the UK Treasury said, and will press ahead with plans to ensure that savers get their money back ahead of other investors if banks fail.

Cheaper gas

The average price for regular gasoline fell 6.75 cents to $3.8452 a gallon, according to a national survey. The price is 15.49 cents lower than last year.

Reuters

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Facebook, US trade deficit, ebook download

Nypost.com

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