downturn

U.S. homes could decrease $1.7 trillion in value, report says


December 9th, 2010 - 8:53 pm ICT by BNO News
SEATTLE, WASHINGTON (BNO NEW) -- U.S. homes are forecast to decrease more than $1.7 trillion in value during the current year, which is 63 percent more than the $1 trillion lost in ... Read more...

Posted in Business |

Charlie Sheen’s pals fear he would die


October 27th, 2010 - 5:39 pm ICT by ANI
Washington, Oct 27 (ANI): Charlie Sheen's friends fear the actor would die soon.They say that the star has been hanging out with some 'bad people' over the last few months.Sheen has been ... Read more...

Posted in Entertainment |

America’s Got Talent contestant Joe Finley arrested


October 27th, 2010 - 3:38 am ICT by Aishwarya Bhatt
Los Angeles, Oct 26 (THAINDIAN NEWS) Joe Finley, an “America’s Got Talent” contestant has been busted by the police on drug related charges.Finley confirmed to TMZ.com later that he had taken some ... Read more...

Posted in Entertainment |

Education reforms must to build talent faster: Murthy


October 27th, 2010 - 12:09 am ICT by IANS
Bangalore, Oct 26 (IANS) India needs drastic reforms in the education sector to build a vast talent pool for driving the IT industry growth faster, Infosys Technologies Ltd chairman N.R. Narayana Murthy ... Read more...

Posted in Business |

Double-digit growth turning point for IT industry: Infosys


October 15th, 2010 - 7:32 pm ICT by IANS
Bangalore, Oct 15 (IANS) India's IT bellwether Infosys Technologies Friday termed its return to double-digit growth in the second quarter (July-Sept) of this fiscal (2010-11) as a turning point for the resilient ... Read more...

Posted in Business |

India to see highest employee churn: Ma Foi


October 12th, 2010 - 9:17 pm ICT by IANS
Chennai, Oct 12 (IANS) Confident of getting another job, Indian employees are more prone to switch employers compared to others in the world, says a global work monitor survey. Amongst the 25 ... Read more...

Posted in Business |

DK Books to focus now on e-books, travel


October 8th, 2010 - 5:55 pm ICT by IANS
New Delhi, Oct 8 (IANS) Dorling-Kindersley-India (DK-India), a publishing subsidiary of Penguin Books, is expanding its footprint in the Indian market with new digital and travel titles in 2010-11. It has cut ... Read more...

Posted in Uncategorized |

Hospitality sector doing brisk business in Bangalore


September 17th, 2010 - 6:55 pm ICT by ANI
By SwetaBangalore, Sep 17 (ANI): After being hit by the global recession, the hospitality business has now seen a 15 percent increase in Bangalore city.Many hotels groups are coming forward to start ... Read more...

Posted in Business |

Developing countries should focus on domestic demand: Unctad


September 15th, 2010 - 12:02 am ICT by IANS
New Delhi, Sep 14 (IANS) With rich nations facing a severe downturn, developing countries like India must focus on creating domestic demand, with job-generation and wage hikes, since export-led growth seems an ... Read more...

Posted in Business |

Wives turn breadwinners following lay-offs


September 14th, 2010 - 5:26 pm ICT by IANS
Washington, Sep 14 (IANS) During the recent recession in the US, many industries suffered significant layoffs, compelling wives to turn breadwinners. Lead Carsey Institute researchers Marybeth Mattingly and Kristin Smith explain: "With ... Read more...

Posted in Business |

India is now seventh largest vehicle producing country


September 13th, 2010 - 8:44 pm ICT by IANS
New Delhi, Sep 13 (IANS) India now has become the seventh largest vehicle producing country in the world, a top government official said Monday. "India was projected to become the seventh largest vehicle ... Read more...

Posted in Business |

Now China is 5th largest global investor


September 6th, 2010 - 10:13 pm ICT by IANS
Beijing, Sep 6 (IANS) China has surged in both outbound and inward investments and now ranks fifth largest investing nation worldwide with outbound direct investment (ODI) totalling $56.5 billion, a media report ... Read more...

Posted in Business |

Plunging US home sales spark fears of slower recovery


August 25th, 2010 - 1:07 pm ICT by IANS
By Arun Kumar Washington, Aug 25 (IANS) US home sales plunged to their lowest level in 15 years, leading economists to warn that a likely double-dip in housing prices could further slow America's ... Read more...

Posted in Business |

Radcliff delighted to star in Hammer flick


August 1st, 2010 - 5:04 pm ICT by ANI
London, Aug 1 (ANI): Daniel Radcliffe is more than happy after bagging a role in an upcoming movie version of The Woman In Black - because the flick will be one of ... Read more...

Posted in Entertainment |

Maywood City Services Improve As It Begins To Outsource Everything


July 21st, 2010 - 7:59 pm ICT by Pen Men At Work
July 21, 2010 (Pen Men at Work): Maywood City is a densely populated city located in the state of California. That is nothing unique! But what comes across as surprising is ... Read more...

Posted in World News |

Slight improvement in Spanish tourism sector


July 21st, 2010 - 12:19 pm ICT by IANS
Madrid, July 21 (IANS/EFE) Prospects are brightening marginally for Spain's tourism sector, now expected to suffer a downturn of 0.6 percent this year compared with the earlier forecast of 0.9 percent, said ... Read more...

Posted in Business |

Maximum job growth in education sector in June: Monster


July 13th, 2010 - 5:53 pm ICT by IANS
New Delhi, July 13 (IANS) Job opportunities in India continued to expand for the seventh month in June, Monster India said Tuesday. The education sector saw the strongest demand with a nine ... Read more...

Posted in Business |

Rihanna’s butt-baring routine leaves little to the imagination


July 12th, 2010 - 6:38 pm ICT by ANI
London, July 12 (ANI): Barbadian singer Rihanna has been snapped with her butt hanging out of her clothes.The 22-year-old singer had on a rubber outfit that only partially covered her behind, ... Read more...

Posted in Entertainment |

New bonus rules for British banks, more in store


July 8th, 2010 - 3:56 pm ICT by IANS
By Venkata Vemuri London, July 8 (IANS) It is payback time for British banks whose heavy risk-taking caused the country's worst financial downturn two years ago. New rules, led by cash caps on ... Read more...

Posted in World |

Recession being dubbed ‘Mancession’ as it hits men more than women


July 7th, 2010 - 12:57 pm ICT by ANI
New York, July 7 (ANI): The global recession has hit men harder than women, so much so that some have even dubbed it the 'Mancession', according to statistics.Figures have revealed that women ... Read more...

Posted in Life Style |

The American Congress Articulates Its Support For Home Tax Credit Extension


July 1st, 2010 - 7:59 pm ICT by Pen Men At Work
July 1, 2010 (Pen Men at Work): The American Congress on Wednesday expressed its endorsement for a bill that seeks to lengthen the final cut-off date for homebuyers endeavoring to get the ... Read more...

Posted in Business |

India’s democracy makes growth strategy predictable: Economist


June 30th, 2010 - 4:07 pm ICT by IANS
By Madhusree Chatterjee New Delhi, June 30 (IANS) India may soon catch up with China's pace of growth as the world economy shows signs of recovery after a year of downturn with ... Read more...

Posted in Business |

Jessica Sanders, New Girlfriend Of Chris Brown?


June 10th, 2010 - 3:44 pm ICT by GD
By Meena Kar If rumors are to be believed then it seems that Chris Brown has once again fallen in love.The web world is all a buzz with the rumors that ... Read more...

Posted in Entertainment |

Buffett defends rating agencies’ role in crisis


June 3rd, 2010 - 1:02 am ICT by IANS
New York, June 2 (IANS) Billionaire investor Warren Buffett Wednesday defended the role of credit rating agencies during the global financial crisis, saying they got it wrong while rating the US mortgage ... Read more...

Posted in Business |

Tishman Speyer looking to expand operations in India (Lead)


June 1st, 2010 - 8:36 pm ICT by IANS
Hyderabad, June 1 (IANS) Tishman Speyer, one of the world's leading real estate developers, unveiled its first property in Asia here Tuesday and said it is looking to expand its operations to ... Read more...

Posted in Business |

World’s mining sector is back to booming


May 26th, 2010 - 1:33 pm ICT by IANS
Toronto, May 26 (IANS) The world's mining sector is back to booming, according to a report by PricewaterhouseCoopers (PwC) here Tuesday. The annual report, Mine: Back to the Boom, on the ... Read more...

Posted in Business |

Dubai hotel industry to boom in 2010: Experts


May 19th, 2010 - 10:36 pm ICT by IANS
Dubai, May 19 (IANS/WAM) With increasing number of hotels, Dubai's hospitality sector is witnessing a rapid surge after facing the impact of global recession last year, say industry experts. When most of the ... Read more...

Posted in World |

Lufthansa plans to increase flight frequency


May 19th, 2010 - 9:52 pm ICT by IANS
Mumbai, May 19 (IANS) German air carrier Lufthansa plans to increase its frequency to all major locations across India, and official said here Wednesday. "We are planning to increase the frequency of ... Read more...

Posted in Business |

Fed Executes Enormous Profit From Bailout


April 23rd, 2010 - 9:29 pm ICT by Pen Men At Work
April 23, 2010 (Pen Men at Work): Slicing the profits from the Wall Street bailouts, the Federal Reserve banks relocated a heavy payload last year to the treasury of United States. The ... Read more...

Posted in Business |

Premji bets on large deals from US, Europe and India


April 23rd, 2010 - 7:37 pm ICT by IANS
By Fakir Balaji Bangalore, April 23 (IANS) With tech spend reviving on signs of global economic recovery, Indian IT bellwethers like Wipro see large deals coming back to the table for aggressive business ... Read more...

Posted in Sci-Tech |

7-Eleven’s own beer


April 21st, 2010 - 9:30 pm ICT by Pen Men At Work
April 21, 2010 (Pen Men at Work): After the triumph of the Yosemite road proprietary wine last year, retail giant 7- Eleven is all to set roll out its own private ... Read more...

Posted in Business |

British MPs blame lack of women in City boardrooms for recession


April 4th, 2010 - 4:53 pm ICT by ANI
London, Apr. 4 (ANI): A new report by British parliamentarians has blamed lack of women on the boards of city firms for the global financial crisis.The Treasury Select Committee said that lack ... Read more...

Posted in World |

Unemployment Rate In New York City Dips Further


March 29th, 2010 - 7:42 pm ICT by GD
By Madhuri Dey New York City, Mar 29, (THAINDIAN NEWS) The United States finally seems to be getting a bit closer to beating the recession blues, and getting back on its feet bit ... Read more...

Posted in Business |

Bono named worst investor


March 27th, 2010 - 2:35 pm ICT by IANS
London, March 27 (IANS) Irish rocker Bono has been named the worst investor in the US for putting money in troubled smart telephone maker Palm Inc. The U2 frontman and bosses at his ... Read more...

Posted in Business |

Car pool your way through Europe, suggests travel writer (IANS Books/Travel) (With Image)


March 22nd, 2010 - 9:56 am ICT by IANS
By Madhusree Chatterjee New Delhi, March 22 (IANS) Europe, for the first-time traveller, can be a teaser: the distances are vast, the stops too tempting and the costs mind-blowing. So how does one ... Read more...

Posted in Life Style |

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