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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.
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.
The company plans to halt chip production at two plants for nine days, in its first output break in seven years
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.
There was a celebration with dancers, drummers and apologetic tourist officials as Thailand's main international airport reopened today -- about halfway anyway.
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.
US Defence Secretary seeks to place ‘irregular warfare’ at centre of American military institution.
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.
BANGKOK, Thailand - Dancers, drummers and apologetic tourism officials greeted travelers Friday at the official reopening of Thailand's main international airport, which...
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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