World economy

Buyout may save Honda’s Formula One team

Buyout may save Honda’s Formula One team

28 Feb 2009

Honda's Formula One team, which dropped out of the F1 league in December last year, may be saved by a management buyout, according to a report in the London Times.

US adding 50,000 jobs as economy shrinks 6.2 per cent in Q4

27 Feb 2009

Alongside carbon, water footprint steps on the agenda for companies

Alongside carbon, water footprint steps on the agenda for companies

27 Feb 2009

With companies increasingly focused on reducing their carbon footprint a new movement is urging corporations to track their "water footprint" as well.

ASEAN signs free trade pact with Australia, New Zealand

27 Feb 2009

UK parliamentary committee warns over threat to defence industrial base

27 Feb 2009

White House institutes daily Intel brief on global economic crisis

27 Feb 2009

Obama unveils $1.75-trillion deficit budget

Obama unveils $1.75-trillion deficit budget

27 Feb 2009

Though the $3.55 trillion budget for 2010 increases taxes on the wealthy, it outlines huge investments in energy, education, defense, health care and ailing financial services

Years Of Heady Growth Usher In Corporate Casualties, Default Study Says

26 Feb 2009

TCS to freeze salaries, recruitment

26 Feb 2009

China boosts German economy with $10-billion trade deal

26 Feb 2009

UK economy contracts by 1.5 per cent in Q4

26 Feb 2009

Japan heading for worst recession since WW II: S&P

26 Feb 2009

Washington Post Q4 net down 77 per cent

Washington Post Q4 net down 77 per cent

26 Feb 2009

Hit by the migration of print advertising to online, against the stiffest global slowdown,  The Washington Post Co reported its ninth consecutive quarter of declining profits

US retailer Macy’s reports 59 per cent drop in Q4 profit

25 Feb 2009

Indians are largest migrant community in Great Britain

Indians are largest migrant community in Great Britain

25 Feb 2009

Interesting Office of National Statistics figures reveal that one in nine people living in Britain were born abroad, and that Indian-born people remain the largest number of foreign-born residents.

US, Japan plan a united front at G-20 meet in April

US, Japan plan a united front at G-20 meet in April

25 Feb 2009

US and Japan have agreed to work together to tide over the global economic crisis and at the upcoming G-20 summit in April.

Japan's January trade deficit at its worst since WW II

Japan's January trade deficit at its worst since WW II

25 Feb 2009

The Japanse economy has been severely affected by the slowdown in the US and Europe, as its exports have fallen by half.

US consumer confidence skids

25 Feb 2009

Wall Street hits a 12-year low as stocks nosedive

24 Feb 2009

AC Milan deny stake sale to Manchester City’s Arab owners

24 Feb 2009

Microsoft withdraws payback demand

24 Feb 2009

Top US home-improvement retailer Home Depot files $54-million quarterly loss

24 Feb 2009

Pawnbrokers expand business as recession deepens

24 Feb 2009

YSL dictates the price – art sale fetches $265 million

YSL dictates the price – art sale fetches $265 million

24 Feb 2009

The first day’s sale of legendary French couturier Yves Saint Laurent (YSL) art collection has belied all expectations of a slump in the art market given the state of the global economy.

BlueScope Steel reports 250 per cent rise in H1 net; sees losses in second half

23 Feb 2009

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