Faced with tight financial conditions Airbus may need to cut production next year as the European plane maker anticipates two 'difficult' years ahead, Airbus chief executive Tom Enders said.
The big lesson to learn from the world's worst financial crisis is that nations and industry should see globalisation as a friend.
Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. "Acquisitions will definitely be very accessible in this market from a price point of view," Nilekani told the Wall Street Journal in an interview. "If it makes sense, we'll do it."
In an interview to The Wall Street Journal, Oracle chief executive Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems.
Three researchers from the Wuhan Institute of Virology sought hospital care in November 2019, weeks before Beijing disclosed the COVID-19 pandemic, a United States media report said, citing a previously undisclosed American intelligence document that could add weight to growing calls for a full scale probe of whether the coronavirus may have escaped from China's top bio lab.
The NSE Nifty added 40 points to end at 5119. The market breadth was positive. Out of 2966 stocks traded on the BSE, there were 1533 advancing stocks as against 1304 declines.
The developmental efforts undertaken by India to help rebuild a war-ravaged Afghanistan have stirred concerns in neighbouring Pakistan, a media report said on Wednesday.
American private equity firms, banks and hedge funds, once a substantial resource for Hollywood films, have seen their coffers dry up over the past two years.
According to The Wall Street Journal, Deutch joined Citi's board in 1996, after leading the Central Intelligence Agency.
The Wall Street Journal quotes General Stanley McChrystal, who is running America's ground war in Afghanistan, as predicting that US casualties will remain high for months to come, even as he plans to change strategy by increasing the number of troops in heavily populated areas like Kandahar, where the Taliban insurgency is at its strongest.
FBI is probing a computer-security breach targeting Citibank that resulted in a theft of tens of millions of dollars by hackers who appear linked to a Russian cyber gang, according to a media report.
The 50-share Nifty scaled a high of 10,207.90 intra-day but succumbed to profit-booking to finish at 10,184.15, up 53.50 points
Just a decade ago, a kind of muscular nationalism was the leitmotif for talent management within Indian corporations. Any suggestion of bringing in foreign talent had managers bristling with indignation.
The Nifty shut shop at 5270, up 17 points. The market breadth was marginally positive at close. Out of 2998 stocks traded on the BSE, there were 1680 advancing stocks as against 1217 declines.
Apple's iconic chief Steve Jobs is back at work and his return will fuel debate over the company's disclosure practices which have drawn the attention of the Securities and Exchange Commission, says a media report.
Microsoft has also approached other big online publishers to persuade them to remove their sites from Google's search engine
Goldman Sachs has bounced back spectacularly from the financial crisis and so far this year it has earmarked $16.71 billion as compensation.
In addition to his taxable income of $400,000, the US President also receives additional allowance of $50,000 which is not taxable and is used for official purposes only.
At a board meeting last week, Benmosche told fellow AIG directors that he was 'done' but agreed to think it over after other board members reacted with shock.
Banking stocks led by Yes Bank, ICICI Bank, Axis Bank and SBI came under heavy selling pressure
The affected executives include Michael Klein, who was co-head of the New York company's investment bank, and Kevin Kessinger, formerly in charge of operations and technology at Citi, the report published online said. Klein and Kessinger both got lucrative severance packages when they left last year, including periodic cash payments.
The US Department of Treasury plans to sell its 27 per cent stake in Citigroup Inc, says a media report. The stake selling is part of a programme of regularly scheduled sales.
An American newspaper columnist has proposed a $100 billion buyout of Pakistan's nuclear arsenals, saying these weapons had become "an inviting target" for Jehadists."
Indian info-tech companies that once specialized in basic work are now providing high-value tasks such as R&D and business transformation services.
Several billionaires have rehabbed their fortunes during the recent bear market rally.
At the heart of these predictable manifestations of business cycles usually were financial instruments which became so popular that they came to be more commonly referred to by their abbreviations or acronyms than their original names.
Trying to adapt to changing market requirements amid recessionary conditions, corporate giants including Microsoft, IBM and Yahoo Inc are not only cutting jobs but are at the same hiring people in other business units, a media report says.
United States President-elect Barack Obama on Monday officially unveiled the economic team that will assist him in tackling what he termed 'an economic crisis of historic proportions'.Obama has named New York Federal Reserve President Tim Geithner as US Treasury Secretary and former Treasury Secretary Larry Summers as chief of the National Economic Council.
When it comes to schools, there are no quick fixes, discovers Bill Gates.
Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."
US Defense Secretary Robert Gates has refuted the whining of Pakistan's Ambassador to the US, Husain Haqqani who had contended in a recent article in the Wall Street Journal that the main reason Pakistan's counter-insurgency efforts this far against the Taliban and other extremist groups was because it had not been provided with proper equipment --attack helicopters and night visions goggles -- by the United States as promised.
Under his financial policies, the Wall Street Journal reported, banks seeking government assistance would be forced to lend and to halt foreclosures. Automobile companies would be pushed to change their product lines to more advanced, fuel-efficient vehicles. Billions of federal dollars would promote solar, wind and biomass energy, while dirty coal power could be priced out of business.
Attributing to people familiar with the situation, The Wall Street Journal said, Twitter Inc is nearing a deal to garner as much as $100 million that would buy the fast-growing Internet-messaging company more time to chalk out its business model.
Learn how to weed out those who are just out to make a quick buck.
In their most lively but contentious face-to-face debate, Republican and Democratic presidential candidates John McCain and Barack Obama sparred over their respective economic, healthcare, energy and education policies, promoting their ideas to mostly undecided voters and slamming the other's as doomed to failure.
The overall freedom to start, operate, and close a business remains restricted by India's regulatory environment.
'Not only would it be good to prevent coronavirus disease, it probably would decrease instances of influenza dramatically in this country'
Citigroup chief economist Lewis Alexander is leaving the troubled financial services entity to join the US Treasury department, says a media report.
Both companies are also strong supporters of open-source Linux and Java software
The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.
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