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Detroit bailout plans make their way to Congress
Published December 2, 2008, 12:57 pm, The Globe and Mail
DETROIT/WASHINGTON (Reuters) - Distressed U.S. automakers began submitting plans to Congress on Tuesday as they tried to show that they have a viable future and deserve federal aid, while new reports showed that vehicle sales continued their freefall in November.
Editorial: New BoP phase
Published December 2, 2008, 12:54 pm, Business Standard India
The sharp drop of 12.1 per cent in exports during October (when counted in dollars), reflects the drop in global demand, which has adversely affected every country's export performance, including China's.
A K Bhattacharya: Elite media for elite India
Published December 2, 2008, 12:54 pm, Business Standard India
The government will respond to the threat to the very idea of India. That is what Home Minister Palaniappan Chidambaram said soon after taking charge of his new ministry on Monday. These were reassuring thoughts coming as they did in the wake of the terror attacks on Mumbai last week.
The global crisis and India's growth rate
Published December 2, 2008, 12:54 pm, Business Standard India
The XIth Plan targets should be recalibrated if the plan is to remain credible. India had a dream run of five years during 2003-08 as the GDP growth averaged nearly 9 per cent annually for five years, the best ever run over five years! The economy began to slow down from the middle of 2007-08.
Embraer Sells Six More Embraer 195 Jets to Be Operated by Air Europa
Published December 2, 2008, 12:45 pm, PR Newswire via Yahoo! Finance
Embraer signed a firm order with Globalia, owned by Juan Jose Hidalgo, President of JJH Capital and Air Europa, for an additional six EMBRAER 195 jets, to be operated by Air Europa, a subsidiary of Globalia.
NEW: Alton Square owner shuffles management
Published December 2, 2008, 12:43 pm, The Telegraph
ALTON - The CEO of the company that owns Alton Square has bought out the former president's interest, but plans remain intact to continue renovating the 30-year-old mall, a spokeswoman said.
JP Morgan - Financial Forecast
Published December 2, 2008, 12:37 pm, Scoop.co.nz
Previously, we had forecast that the RBNZ would cut the official cash rate (OCR) at least 100bp on Thursday.
Capital Health cuts surgeries to deal with deficit
Published December 2, 2008, 12:31 pm, CBC
Administrators with Nova Scotia's Capital Health say they've come up with a plan to deal with a projected $7-million deficit.
Viewpoint: Small Business Owners Shouldn't Fret Over Stocks
Published December 2, 2008, 12:23 pm, BusinessWeek
Ford Motor Asks Congress for $9 Billion Credit Line (Update5)
Published December 2, 2008, 12:21 pm, Bloomberg
Dec. 2 (Bloomberg) -- Ford Motor Co. asked Congress for a credit line of as much as $9 billion, saying it expects to break even or be profitable before taxes in 2011.
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