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Kanika Datta: A clash of development

Published January 7, 2009, 7:36 pm, Business Standard India

If business and politics have one thing in common, it is the penchant for turning obstructive when any kind of socially beneficial measure seems to contradict their interests.

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Lenovo to cut 2,500 jobs amid global slowdown

Published January 7, 2009, 7:30 pm, AFP via Yahoo! UK & Ireland News

Chinese computer giant Lenovo announced Thursday it would cut about 2,500 jobs, roughly 11 percent of its worldwide workforce, after suffering losses due to the global economic crisis.

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Lawmakers Nearing Deficit Reduction Deal

Published January 7, 2009, 7:23 pm, WJXT Jacksonville

TALLAHASSEE, Fla. -- A deficit-reduction package that includes nearly $1 billion in spending cuts for schools, health care, social services and other state functions cleared a pair of House panels Wednesday.

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Hyundai, Kia May Delay Plants on Global Sales Slump (Update1)

Published January 7, 2009, 6:45 pm, Bloomberg

Jan. 8 (Bloomberg) -- Hyundai Motor Co. Chairman Chung Mong Koo ’s race to transform South Korea’s largest carmaker into a global manufacturer failed to anticipate the global recession.

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While UU makes cuts, other schools hold on

Published January 7, 2009, 6:39 pm, Springfield News-Sun

Urbana University's decision to reduce salaries and close old buildings addresses issues that began before the current economic crisis, the university's president said Wednesday, Jan. 7.

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As the credit crunch takes its toll, SPL experts offer a grave outlook

Published January 7, 2009, 6:34 pm, Daily Mail

The willingness of Rangers to sell their top goalscorer provides a chilling reminder of reality. In the icy blast of a global recession, no one is immune. Not even Scotland's richest club.

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Councils face ‘worst’ cash crisis

Published January 7, 2009, 6:11 pm, The Herald

Scotland's councils are hurtling towards an unprecedented financial crisis, with severe cutbacks forecast next year now being revised upwards again - by as much as 50%.

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People suffering bronchitis rose by 50% last week, putting more strain on hospitals and GPs

Published January 7, 2009, 5:52 pm, Daily Mail

The number of people suffering bronchitis increased by 50 per cent last week putting intense pressure on hospitals and GPs. Cases of flu infection also rose by a quarter, according to official figures from the Royal College of General Practitioners.

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Indian software boss quits, admits faking US$1b in profits

Published January 7, 2009, 5:33 pm, Asia News Network

India reeled in shock yesterday (January 7) as the head of one of its biggest software services company quit after admitting that its books had been cooked for the past several years to show larger profits.

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Indian software boss quits, admits faking US$1b in profits

Published January 7, 2009, 5:27 pm, Asia News Network

ndia reeled in shock yesterday (January 7) as the head of one of its biggest software services company quit after admitting that its books had been cooked for the past several years to show larger pro .....

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