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The global crisis and India's growth rate
Published December 2, 2008, 9:39 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.
Energy projects planned at schools
Published December 2, 2008, 9:05 pm, The Daily Item
Mifflinburg school officials are investing up to $3 million to make two of the district's older schools more energy efficient with a series of major upgrades, a move they hope will save $90,000 each year on energy and maintenance costs.
Grant Thornton launches a business guide for the recession period
Published December 2, 2008, 7:23 pm, Thaipr.net
Year 2008 has been a rough ride for the economy and the financial sector. The “credit crunch” issues in the US and Europe have led to slowing growth, weakening demand and declining lending by financia
Citibank M’sia strong enough to beat crisis
Published December 2, 2008, 3:44 pm, The Star
KUALA LUMPUR: Citibank Bhd (Citibank Malaysia), the locally incorporated subsidiary of New York-based Citigroup Inc, says it is financially sound and is prepared to weather the ongoing global economic and financial crisis.
Great perils of the Great Lakes
Published December 2, 2008, 2:03 pm, The Christian Science Monitor
Invasive species, sinking water levels, and pollution are worrisome trends. But there's also grandeur to be seen aboard a bulk freighter.
CIOs Explore IT Sourcing Options
Published December 2, 2008, 2:01 pm, PC World
Research carried out by Macehiter Ward-Dutton in association with CIO.co.uk reveals changing attitudes to sourcing and SaaS.
Manulife to Post Fourth-Quarter Loss, Sell Stock (Update5)
Published December 2, 2008, 1:42 pm, Bloomberg
Dec. 2 (Bloomberg) -- Manulife Financial Corp ., Canada’s largest insurer, expects to report its first quarterly loss since going public in 1999 and will sell as much as C$2.13 billion ($1.7 billion) in new stock to shore up capital.
Paul Clitheroe: Attending to your best interests
Published December 2, 2008, 12:48 pm, Leader Community Newspapers
FALLING interest rates are like manna from heaven for those on a variable rate home loan.
Manulife Financial raising $2.125B with new shares; faces first quarterly loss
Published December 2, 2008, 11:27 am, MSN Money Canada
TORONTO - Manulife Financial Corp. (TSX:MFC) expects to report a $1.5-billion loss for the fourth quarter, the first time it has ever failed to book a profit since going public, and plans to issue new common shares to bolster its capital position.
Manulife to issue $2.125 billion in common equity
Published December 2, 2008, 10:18 am, Investment Executive
Manulife Financial Corp. will further strengthen its financial and capital position by issuing $2.125 billion in common equity, the company announced Tuesday.
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