Thousands of migrants to be deported from Britain
Many highly skilled migrants working in the UK from non-European countries, including India, may be expelled and deported from Britain as the government of the country has strongly defended changes to its immigration and visa rules arguing it is aimed at meeting new challenges and requirements.

The UK government's Highly Skilled Migrant Programme (HSMP) visa rules programme would be first of the five-tier system being introduced and those coming under HSMP with two year visa would have to pass an International English Language Test, before getting extension of the Visa for two to five years and settle down.
The HSMP forum, which is spearheading the challenge against changes in the visa rules affecting 49,000 highly skilled immigrants, including 30,000 from India said, "immigrants who have come to UK on Highly Skilled Migrants programme now face deportation as per the new rules imposed by Home Office in November 2006. Skilled immigrants who have been living in UK since past 2 to 4 years with their families face expulsion."
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Coca-Cola quarterly net profit falls on impairment charge
Coca-Cola Co., reported lower fourth-quarter net profit, due to a $2.9 billion impairment charge at its largest bottler in the US. Net income fell to $678 million, or 29 cents per share, from $864 million, or 36 cents per share, a year earlier. Excluding items that included the charge from Coca-Cola Enterprises Inc., earnings were 52 cents per share.
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Chrysler to cut 13,000 jobs
Chrysler Group, an affiliate of the German automaker DaimlerChrysler AG, said it plans to reduce 16 percent of its workforce, cutting 13,000 jobs.

Chrysler said the elimination of employment positions is part of a massive restructuring plan to aimed at making it profitable again during 2008.

ChryslerDaimler said it is also looking at more strategic options for Chrysler, while the automaker trims production and changes its ability to manufacture more fuel efficient vehicles.
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