Banks may need to raise fresh capital in '09: Whitney Reuters (USA) - 14 ore fa Since the summer of 2007, Wall Street has been hammered by a sharp pullback in debt markets, which began with mortgage woes and escalated into a credit crisis, slowing economic activity around the world. The U.S. Treasury's $700 billion Troubled Asset Relief Program (TARP) was established in ... |
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Air France-KLM close to Alitalia investment deal Reuters (UK) - 16 ore fa However talks continue and "nothing has been signed," one of the sources said, asking not to be identified. A second source with knowledge of the talks said a deal with Air France-KLM was "almost closed" and that both sides would hold Friday board meetings to sign off on the deal. Air France and ... |
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Dow Chemical prepared to delay Rohm & Haas deal: report Reuters (USA) - 19 ore fa The largest U.S. chemical maker said on Tuesday that it will take legal action against Petrochemical Industries Co of Kuwait for backing out of a joint venture. Dow had planned to use proceeds from the joint venture to repay a large part of the debt financing for the Rohm & Haas acquisition. Dow ... |
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The Satyam Scandal: India's Reaction BusinessWeek (USA) - 9 ore fa A look at responses to the huge accounting fraud disclosed at the Indian IT firm . Following is a sampling of reaction to the fraud from a variety of publications. Mohammed Hadi, in The Wall Street Journal , writes: "The whole affair—already being dubbed India's Enron—throws India's corporate ... M&S boss: 'I won't take pay rise'- BBC (UK) Satyam Casts Grim Cloud on India Inc.- BusinessWeek (USA) |
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Small Caps slip 0.1 percent early Reuters (UK) - 18 ore fa LONDON (Reuters) - Following is a round-up of key small cap movers on the London stock market on January 7, 2009. ... |
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China's newly frugal youths BBC (UK) - 15 ore fa But when last month his company cut salaries by half, Wang said he was forced to cut back on luxuries and swap restaurant meals for homemade packed lunches. My monthly income has been cut by 50%. I have had to reduce my living costs, though I'm still able to eat well." Blogs and popular internet ... |
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Double-double, toil and trouble: Don't target Tim's, lobby group tells St. John's CBCNews (CA) - 15 ore fa Council decided Monday night to put a hold on new applications for drive-thrus, until the city is satisfied a planned development will not interfere with local traffic. Councillors pointed to safety and other hazards around several Tim Hortons drive-thrus, where cars waiting to enter the lot have ... |
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The financial cost of redundancies BBC (UK) - 22 ore fa But it can be very challenging to reduce the number of employees, particularly in a unionised workforce. Furthermore, a redundancy programme can lead to problems when the upturn eventually arrives. Past lessons In the last recession some employers learned to their cost that stripping out headcount ... |
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Logitech to slash jobs, withdraws targets Reuters (USA) - 6-1-2009 In October, the company already cut its growth forecast for sales and operating income in its fiscal year ending March 31, 2009 from 15 percent each to 6-8 percent and 3-5 percent, respectively. Logitech, which also makes speakers, webcams and keyboards, did not provide revised targets for sales ... Euro-zone inflation rate slid in December- International Herald Tribune (UK) Retailers' comments lift European stocks- International Herald Tribune (UK) BBC (UK) - e altri 37 articoli simili |
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Further cuts in Russian gas supplies International Herald Tribune (UK) - 6-1-2009 The ministry told industrial users to switch to alternative fuels such as oil and urged households to start using other means for heating rather than central heating that runs on gas. Prime Minister Sergei Stanishev called an emergency meeting later on Tuesday to discuss the situation. Related ... |
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