World economy
Film piracy profits could fund terrorism: Rand Corp
05 Mar 2009
Organized crime is assuming a larger role in film piracy globally, says a Rand report, and profits from this business could increasingly fund terrorist activities in larger measures in the near future.
Smartphones to corner 25 per cent of the mobile phone market
04 Mar 2009
Smartphones will corner about 20 per cent of the mobile phone market by 2013 despite the economic downturn, say industry researchers.
Poor countries need $25 billion emergency aid to fight crisis: IMF
04 Mar 2009
The global financial crisis has shifted to the world's poorest nations, says Dominique Strauss-Kahn, MD, IMF
US stocks at 11-year low
04 Mar 2009
American bank offers to return bailout money
04 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.
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
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
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