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Saab is under reorganization

 
2/21/2009
 
Saab is under reorganization

Swedish car manufacturer Saab, a fully owned subsidiary of General Motors, announced Friday that it will 'file for reorganization ... to create a fully independent business entity.' Under the Swe..

 
   
 

Etisalat, the leading UAE telecom operator wins the 3rd mobile licence in Iran

 
2/15/2009
 
Etisalat, the leading UAE telecom operator wins the 3rd mobile licence in Iran

Emirates Telecommunications Corporation- Etisalat announced that it has officially won the third mobile network license in the Islamic Republic of Iran in consortium with Taameen Telecom, a company ow..

 
   
 

Research: Most American workers would choose different job

 
2/13/2009
 
Research: Most American workers would choose different job

A majority of U.S. workers would pick a different career if they could choose over again, according to research released on Wednesday. Fifty-six percent of the full-time or self-employed respondent..

 
   
 

Toyota announces 5 billion dollars loss

 
2/7/2009
 
Toyota announces 5 billion dollars loss

Japan's Toyota Motor Corp, the world's biggest car manufacturer, has said that it faces an operating loss of almost $5bn for the fiscal year to March. Announcing its latest quarterly results on F..

 
   
 

Recession Attack: Over Half-Million jobs lost in the US in January 2009

 
2/5/2009
 
Recession Attack: Over Half-Million jobs lost in the US in January 2009

The ADP jobs report estimates that 522,000 jobs were lost in the private sector in the first month of the year. The report, which is an important pre-cursor to Friday’s official non-farm payroll j..

 
   
 

Obama on a mission to save America

 
2/4/2009
 
Obama on a mission to save America

Responding to public outrage over the level of executive pay at financial firms that have benefited from federal bailout money, President Barack Obama on Feb. 4 announced a $500,000 limit on pay for t..

 
   
 

Unemployment rates in Russia reaches dangerous levels

 
2/4/2009
 
Unemployment rates in Russia reaches dangerous levels

The number of unemployed people in Russia has grown by 94,000 (6 per cent) in the past week. Official figures released on Tuesday show that 1,642,000 are currently out of a job and looking for work. ..

 
   
 

Time Warner posts a loss of $16.03 billion dollars

 
2/4/2009
 
Time Warner posts a loss of $16.03 billion dollars

Time Warner Inc. reported a fourth-quarter loss, hurt by a $24.2 billion writedown for its cable, publishing and AOL assets. The New York-based media and entertainment company posted a loss of $16...

 
   
 
More Economy and Financial News and Articles
Economy Rage: Panasonic to slash 15,000 jobs and to shut 27 plants worldwide  
Women are more Recession-Proof, study says!  
Due to the economic crisis.. Microsoft to fire 5000 employees  
 
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