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Govt okays Rs 420 cr cluster development schemes

Published November 20, 2008, 7:25 am, Business Standard India

The government today approved the comprehensive powerloom, handloom and handicraft cluster development schemes worth Rs 420 crore in five states-Maharashtra, Tamil Nadu, Uttar Pradesh, Assam and Andhra Pradesh.

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Kazakhstan: disturbing situation on the market of vegetable oils

Published November 20, 2008, 7:13 am, AgriMarket

Kazakh companies dealing with vegetable oils will be able to refuse all future purchases of the product, declared Pavel Selivanov, the general director of "Maslodel".

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Best Small Business to Start: Manager, Online Farmers' Market

Published November 20, 2008, 7:12 am, US News & World Report

The key is to maintain a product base while introducing new discoveries to keep customers coming back.

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Himfr.com Predicts China Phosphate Fertilizer Export to Resume

Published November 20, 2008, 7:09 am, PR Newswire via Yahoo! Finance

Himfr.com , one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that recently, with the overall reduction in tariff, the Chinese fertilizer market has improved over the second half of the year.

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U.S. Stocks Retreat on Jump in Jobless Claims; Exxon Slumps

Published November 20, 2008, 7:02 am, Bloomberg

Nov. 20 (Bloomberg) -- U.S. stocks dropped, sending the Standard & Poor's 500 Index below its lowest close in six years, after first-time jobless claims climbed to the highest level since 1992 and falling commodities dragged down raw-material producers.

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IT Industry Leaders Identify Tech Opportunities in U.S. Economic Cloud

Published November 20, 2008, 7:00 am, Business Wire via Yahoo! Finance

LAS VEGAS----CDW Partner Summit – CDW Corporation, a leading provider of technology products and services to business, government and education, today announced the results of its annual IT Industry Straw Poll.

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Emerging-Market Corporate Profits May Drop in 2009, UBS Says

Published November 20, 2008, 6:50 am, Bloomberg

Nov. 20 (Bloomberg) -- Emerging market corporate profits will probably decline in 2009 as the global economy slips into recession and lower commodities prices hurt earnings in the region, UBS AG said, citing a survey of UBS analysts' forecasts.

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Pricing in an inflationary downturn

Published November 20, 2008, 6:48 am, Business Standard India

In the current environment, costs are rising as price sensitivity increases. Six tactics can help companies get pricing right. Getting pricing right is always a challenge in an economic downturn, as decreasing demand, excess capacity, and greater price sensitivity all conspire to drive down prices.

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Celanese a Near-Term Hold

Published November 20, 2008, 6:38 am, Zacks.com via Yahoo! Finance

Celanese is likely to face slackening demand in 2008-2009 due to a global economic slowdown, combined with exceptionally high raw material and energy costs.

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Chilean Stocks Fall as Commodity Slump Signals Lower Earnings

Published November 20, 2008, 6:37 am, Bloomberg

Nov. 20 (Bloomberg) -- Chilean stocks fell for a fourth day, dragged down by raw-material producers Sociedad Quimica y Minera de Chile SA and Cap SA , as declining commodity prices dimmed earnings prospects.

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