World economy
Data storage giant EMC to slash 2,400 jobs even as fourth-quarter results meet expectations
08 Jan 2009
What will make a perfect 2009?
07 Jan 2009
Six atypical yet interesting wishes that could change the world in 2009. By Shivshankar Verma
Grim data from Europe sends ripples worldwide; Toyota announces production cuts on falling demand
06 Jan 2009
Obama seen favouring $775 billion stimulus plan: Reports
06 Jan 2009
President-elect Barack Obama is in favour of an economic stimulus package in the range of around $775 billion.
WPP plans to lay off staff at global agencies
06 Jan 2009
Now, US steel industry asks for government bailout
02 Jan 2009
US steelmakers want the government to spend $1 trillion over two years to hike demand for steel, along with a ‘buy America’ clause.
Hundreds of UK retailers to go bust in 2009
02 Jan 2009
Chinese manufacturing sector close to recession
02 Jan 2009
The global economic slowdown and recession in the US, UK, Japan and many EU countries takes its toll on Chinese manufacturing units and exports
GCC to have common currency by end 2009
31 Dec 2008
The final draft of an accord on a monetary union in the Gulf region has been agreed upon by leaders of the region.
"End of the US in 2010" predicts Russian diplomat Igor Panarin
30 Dec 2008
Former KGB analyst Igor Panarin, dean of the Russian foreign ministry's academy for future diplomats, predicts that the US will break into six parts because of the nation's financial crisis in 2010.
Gloomy 2009 outlook for Asian airlines
29 Dec 2008
2008 all but cleaned out passenger and cargo traffic for airlines. Now, the industry is bracing for the grey weather forecast for 2009.
GCC conference to focus on economic issues
29 Dec 2008
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