Business and Economy

Europeans and British Leave Rates Unchanged (NYTimes.com via Yahoo! Finance)

9 May 2008

The European Central Bank left its benchmark interest rate unchanged at 4 percent on Thursday, saying that the region’s economy remained resilient despite financial turmoil.

ALPS and Cohen & Steers Launch Global Real Estate ETF   (InfoBolsa)

9 May 2008

09/05/2008 16:12:00 Business Wire US5357EP1086 ALPS Holdings, Inc. and Cohen & Steers today announced the launch of a global real estate exchange-traded fund (ETF) that offers investors an opportunity to participate in the income streams and diversification benefits of global real estate securities.

SMBs Remain Bullish Despite Weak Economy (NewsFactor via Yahoo! News)

9 May 2008

Small businesses are confident that bleak economic conditions will pass without their being adversely affected by the economic downturn, according to a new study of 250 small-business owners. Or, at the very least, they're keeping a stiff upper lip about the downturn and the prospects for a speedy recovery.