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TOKYO, Dec 2 (Reuters) - Japan's Nikkei average slid 5 percent on Tuesday, dragged down by exporters such as Honda Motor Co on a stronger yen as fears deepened about the global economy in the wake of dismal data worldwide. Mitsubishi Corp and other trading houses took a beating after oil prices fell to around a 3-½ year low amid the grim global economy and after producer group OPEC decided to ...
Getting ready for Week 9 includes a look at players who have disappointed us through the season's first two months.
TOKYO, Dec 2 (Reuters) - Japan's Nikkei average slid 5 percent on Tuesday, dragged down by exporters such as Honda Motor Co on a stronger yen as fears deepened about the global economy in the wake of dismal data worldwide.
(Corrects name of firm to Daiwa SB Investments in paragraph 4) (Updates to midafternoon)
AC News Service
The luxury car manufacturer Aston Martin announced on Monday that it is to lay off around 300 of its permanent staff and a similar number of temporary workers. The credit squeeze has pushed the volume of UK sales down by a quarter in the year to October.
Squeeze in the purchasing power in the US and Europe in the aftermath of downturn in their economy, has come as a boon to black pepper consumers in India.
By Elaine Lies
DETROIT/WASHINGTON (Reuters) - U.S. automakers led by General Motors Corp on Monday rushed to finish restructuring plans demanded by Congress before lawmakers reopen the debate this week on the $25 billion in emergency funding the industry says it needs to survive.
Profitability of Chinese banks are likely to come under pressure next year after the steep reduction in lending rates, according to bankers and economists. The central bank while announcing the measures last week had also cut the reserve money requirements for banks and removed curbs on lending. These moves will squeeze interest spread of banks, but at the same time boost the total lending ...
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