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Slowdown in developed markets to impact exporters

Published December 5, 2008, 4:59 am, Business Standard India

The slowdown in developed markets is having an adverse impact on export oriented and transnational companies. There is no doubt that the world economic outlook has turned unfavourable.

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Ashok Leyland: Little respite

Published December 5, 2008, 4:56 am, Business Standard India

Ashok Leyland’s plans to take up the capacity at its Chennai and Pantnagar plants have been put on hold. The Chennai-based truck and bus manufacturer would rather conserve cash for the moment.

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Toshiba to halt chip output due to weak demand

Published December 5, 2008, 4:47 am, ZDNet UK

The company plans to halt chip production at two plants for nine days, in its first output break in seven years

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Microsoft Names Ex-Yahoo Executive as Internet Unit Chief

Published December 5, 2008, 4:44 am, The Tuscaloosa News

Microsoft named Qi Lu to run its struggling Internet unit on Thursday, filling an important position that had been vacant since the departure of Kevin Johnson in July.

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Airport shut by protesters reopens

Published December 5, 2008, 4:28 am, WSYR 9 Syracuse

There was a celebration with dancers, drummers and apologetic tourist officials as Thailand's main international airport reopened today -- about halfway anyway.

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Consumer groups seeking investigations into flight cancellations

Published December 5, 2008, 4:25 am, BizJournals

Consumer advocacy groups want federal regulators and Congress to investigate whether U.S. airlines are canceling or rerouting flights at the last minute when they have not sold enough seats to make them profitable.

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Gates pushes US to embrace 'irregular warfare'

Published December 5, 2008, 4:25 am, Middle East Online

US Defence Secretary seeks to place ‘irregular warfare’ at centre of American military institution.

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Zimbabwe: Botswana's Macho Politics on Country

Published December 5, 2008, 4:24 am, AllAfrica.com

BOTSWANA'S call for the complete closure of borders with Zimbabwe by its neighbours to effect the downfall of President Robert Mugabe and his government amounts to a declaration of war through other means against its northern neighbour.

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Thailand reopens main international airport

Published December 5, 2008, 4:18 am, Boston Herald

BANGKOK, Thailand - Dancers, drummers and apologetic tourism officials greeted travelers Friday at the official reopening of Thailand's main international airport, which...

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TAQA and Gazprom export sign MoU to Partner on Dutch Bergermeer Gas Storage

Published December 5, 2008, 4:09 am, Zawya

05 December 2008 Abu Dhabi, UAE, The Hague, the Netherlands, 5 December 2008 - The Abu Dhabi National Energy Company PJSC ("TAQA") Abu Dhabi National Energy Company PJSC ("TAQA") and Gazprom export ("Gazprom export") today announce signing a Memorandum of Understanding to partner in Europe's largest new gas storage project in the Netherlands: the Bergermeer Gas Storage.

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