World economy

Global mobile phone sales grew 6 per cent in 2008, despite 5 per cent decline in Q4

03 Mar 2009

Toyota looking for state aid of $2 billion

03 Mar 2009

Forecasting its first loss in 59 years Toyota Motor Corp is reported to be seeking up to $2 billion in loans from the Japanese government

Half the world’s population carries a cell phone

03 Mar 2009

According to the International Telecommunications Union (ITU), by the end of last year there were an estimated 4.1 billion cell phone subscriptions globally.

American consumer spending reverses six-month trend to register 0.6 per cent increase

02 Mar 2009

Infosys plans to add 18,000 employees by July

02 Mar 2009

ASEAN unites to face economic heat

02 Mar 2009

EU rejects East Europe’s bailout plea

02 Mar 2009

US downturn proves worse than expected

02 Mar 2009

The US economy suffered its deepest contraction in over a quarter century, in the fourth quarter, with DDP shrinking at 6.2 per cent annual rate

East European banks to get 24 billion euro rescue package

28 Feb 2009

First dividend cut from GE since Great Depression

28 Feb 2009

No 3 US law firm fires 8 per cent of its lawyers

28 Feb 2009

F1 gets a major boost - American team to join the grid next year

28 Feb 2009

With established teams still figuring out ways to survive on the F1 circuit, an all-American team has announced its intention to enter Formula One in 2010.

Wells Fargo suspends bonuses for top executives

28 Feb 2009

Buyout may save Honda’s Formula One team

28 Feb 2009

Honda's Formula One team, which dropped out of the F1 league in December last year, may be saved by a management buyout, according to a report in the London Times.

US adding 50,000 jobs as economy shrinks 6.2 per cent in Q4

27 Feb 2009

Alongside carbon, water footprint steps on the agenda for companies

27 Feb 2009

With companies increasingly focused on reducing their carbon footprint a new movement is urging corporations to track their "water footprint" as well.

ASEAN signs free trade pact with Australia, New Zealand

27 Feb 2009

UK parliamentary committee warns over threat to defence industrial base

27 Feb 2009

White House institutes daily Intel brief on global economic crisis

27 Feb 2009

Obama unveils $1.75-trillion deficit budget

27 Feb 2009

Though the $3.55 trillion budget for 2010 increases taxes on the wealthy, it outlines huge investments in energy, education, defense, health care and ailing financial services