The Philippine government introduced measures to prevent banks from speculating against the peso as it slumped to the fourth successive record low this week in response to a political corruption scandal.
Royal Bank of Scotland has defended plans to pay £588m in staff bonuses despite suffering an £8.24bn loss in 2013 as it slumped into the red for the sixth successive year.
Major stock market averages moved lower yesterday, dragged down by financial service and bank stocks and by a big decline in Microsoft, as it slumped on reports that it remained far from any agreement to settle the government's antitrust lawsuit.
Since last June a barrel of Brent crude has more than halved in value, dropping by more than $60 – that's a shot in the arm for global GDP of 1.2 percentage points, or $800bn£528bnbn) more economic activity in the world – as it slumped to below $50 this week, including a renewed tumble to less than $49 on Friday.
Keep your back as flat as possible instead of letting it slump and get rounded.
Fashion chain New Look said the snow put a £15m hole in its Christmas trade as it reported a slump in third-quarter sales.
ABB, a Swiss-Swedish builder of heavy machinery and electric power systems, is selling assets to pay off debt as it grapples with slumping demand for its products and mounting costs of asbestos-related suits.
The Zurich-based ABB, a Swiss-Swedish builder of heavy machinery and electric power systems, is selling assets to pay off debt as it grapples with slumping demand for its products and mounting costs of asbestos-related lawsuits.
Even the iffiest film tends to slump as it reaches its climax, rather than exhibit an upturn.
Esprit, which generates about 80 percent of its sales in Europe, has been trying to restructure its business under the watch of Mr. Körber and Mr. van der Vis as it confronts a slump in demand because of the euro zone debt crisis.
