economic weakness

Mexico says it does not expect food crisis


September 14th, 2012 - 1:17 pm ICT by IANS
Mexico City, Sep 14 (IANS/EFE) Mexico will not face a food crisis in the short term, but there are risks in the world environment of price rises, droughts and economic ... Read more...

Posted in Business |

China’s largest gold miner posts gloomy results


August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:07 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:06 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Lack of leadership in government, says BJP


January 9th, 2012 - 7:54 pm ICT by IANS
New Delhi, Jan 9 (IANS) The Bharatiya Janata Party (BJP) Monday said that lack of leadership in the United Progressive Alliance (UPA) government was affecting the economic environment of ... Read more...

Posted in Uncategorized |

UOR Hotel to set up Indian restaurants in US and Mideast


December 23rd, 2011 - 5:35 pm ICT by IANS
New Delhi, Dec 23 (IANS) Under One Roof (UOR) Hotel Consultants Friday said it is setting up more than three restaurants in the Middle East and another two in the ... Read more...

Posted in Business |

Amid tough times, Citibank to cut 4500 jobs


December 7th, 2011 - 11:03 am ICT by IANS
Washington, Dec 7 (IANS) US banking giant Citigroup, led by Indian-American Chief Executive Vikram Pandit, is set to lay off about 4,500 employees over the next few months to ... Read more...

Posted in Business |

ADB upgrades forecast for Asia, predicts India growth at 7 percent


December 15th, 2009 - 1:10 pm ICT by IANS
Manila, Dec 15 (DPA) The Asian Development Bank (ADB) said Tuesday it has upgraded its economic growth forecast for developing countries in Asia due to the better-than-expected performance of many economies in ... Read more...

Posted in Business |

India’s economy to grow by 6 percent in 2009: ADB (Lead)


September 22nd, 2009 - 2:54 pm ICT by IANS
Manila, Sep 22 (Xinhua) The Indian economy is expected to grow by 6 percent in 2009 as capital inflows, industrial production and business confidence soar, the Asian Development Bank (ADB) said Tuesday. In ... Read more...

Posted in Business |

European industrial production plunges as inflation drops


April 16th, 2009 - 5:09 pm ICT by IANS
Berlin, April 16 (DPA) European industrial production plunged by an annual 18.4 percent in February, according to data released Thursday, amid dwindling inflationary pressures and signs that the global recession has tightened ... Read more...

Posted in Business |

World suffers worst downturn in post-war period: IMF


January 28th, 2009 - 11:54 pm ICT by IANS
Washington, Jan 28 (DPA) The world economy will grow by only 0.5 percent in 2009, the worst rate since end of World War II, as industrial nations battle a severe recession that ... Read more...

Posted in World |

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