World economy

UK unveils £500 million job rescue plan amid losses

13 Jan 2009

China to speed up technology spending to stimulate economy

12 Jan 2009

Russia, EU reach deal on resuming gas supplies to Europe

10 Jan 2009

Russia and the EU have reached an agreement on monitoring gas supplies through Ukraine, setting stage for resumption of supplies to Europe.

Boeing sheds 4,500 jobs at Commercial Airplanes division

10 Jan 2009

Beleaguered British retailer Woolworths finally finds a buyer

10 Jan 2009

Bush’s $700-billion bailout criticised by Congressional panel

10 Jan 2009

The spending by the US government’s Troubled Asset Relief Program (TARP) faces trenchant criticism from a Congressional oversight panel

Illinois lawmakers vote overwhelmingly to impeach tainted governor

10 Jan 2009

Lawmakers from the US state of Illinois yesterday voted 114-1 to impeach disgraced governor Rod Blagojevich on corruption charges.

Sports entertainer WWE to cut 10 per cent of its workforce

10 Jan 2009

Oilfield services companies Schlumberger and Halliburton lay off thousands

10 Jan 2009

Massive layoffs rumoured at IBM

10 Jan 2009

IBM is reported to have informed the Securities Exchange Commission that it's workforce by 16,000 - the largest in its century-plus history

S African manufacturing sector shrinks for second month in November

09 Jan 2009

Dell cuts jobs in Ireland, moves manufacturing to Poland to cut costs

08 Jan 2009

Data storage giant EMC to slash 2,400 jobs even as fourth-quarter results meet expectations

08 Jan 2009

Japan electronics major TDK looking at first loss in seven years, will cut 8,000 jobs

08 Jan 2009

Britain's largest music and entertainment chain Zavvi Group shuts 22 stores

08 Jan 2009

Britain's largest music and entertainment chain Zavvi Group shuts 22 stores

08 Jan 2009

What will make a perfect 2009?

07 Jan 2009

Six atypical yet interesting wishes that could change the world in 2009. By Shivshankar Verma

US budget deficit could cross $1 trillion in 2009

07 Jan 2009

Japan may inject cash into regional banks to boost liquidity: report

07 Jan 2009

Grim data from Europe sends ripples worldwide; Toyota announces production cuts on falling demand

06 Jan 2009

Obama seen favouring $775 billion stimulus plan: Reports

06 Jan 2009

President-elect Barack Obama is in favour of an economic stimulus package in the range of around $775 billion.

WPP plans to lay off staff at global agencies

06 Jan 2009

Obama proposes massive tax cuts as part of stimulus plan

05 Jan 2009

No layoffs at Microsoft despite major cost-cutting in 2009

05 Jan 2009

Suzuki freezes big car project, shelves overseas expansion plans

05 Jan 2009