Chinese airlines suffer losses in 2012
July 21st, 2012 - 11:52 am ICT by IANS
Beijing, July 21 (IANS) Three major airlines in China have all reported more than a 50 percent drop in profit in the first six months this year, but earnings are ... Read more...
Posted in Business |
Kenya’s central bank cuts benchmark rate
July 6th, 2012 - 2:14 pm ICT by IANS
Nairobi, July 6 (IANS) Kenya's Central Bank (CBK) has reduced its interest benchmark rate (CB Rate) to 16.5 percent from 18 percent to bring inflation towards the medium-term target and ... Read more...
Posted in Business |
US gold and copper prices ease
March 13th, 2012 - 12:29 am ICT by Aishwarya Bhatt
New York, Mar 12 (THAINDIAN NEWS) In some good news for gold lovers, the price of the priced commodity has dropped. And along with gold, price of copper has eased as well. ... Read more...
Posted in Business |
Android taking over the smartphone market
March 8th, 2012 - 12:48 am ICT by Aishwarya Bhatt
Washington, Mar 7 (THAINDIAN NEWS) Google’s Android OS is fast crowding the smartphone market. Market analysts ComScore Inc. reports that three in every four smartphones in the United States currently runs on ... Read more...
Posted in Technology Industry News |
Sensex closes flat in special session
March 3rd, 2012 - 6:26 pm ICT by IANS
Mumbai, March 3 (IANS) Indian equities markets which opened Saturday for a special 90- minute trading session closed on a flat note. State-run firms were among the major gainers, ... Read more...
Posted in Business |
India raises base import price of gold, silver
February 1st, 2012 - 4:52 pm ICT by IANS
New Delhi, Feb 1 (IANS) India has raised the base import price of gold by 5.7 percent to $556 per 10 grams and that of silver by 12 percent to ... Read more...
Posted in Uncategorized |
Gas prices decline & stand at $3.29 per gallon
December 5th, 2011 - 7:50 pm ICT by Aishwarya Bhatt
Los Angeles, Dec 5 (THAINDIAN NEWS) The price of gas continues to go on the downside despite the fact that the commodity is still costly on the international market. The price of ... Read more...
Posted in Business |
LinkedIn sinks, Silicon Valley fears doom
August 9th, 2011 - 11:33 am ICT by IANS
New York, Aug 9 (IANS) LinkedIn, the world's largest professional networking site, bore the brunt of the Monday mayhem on Wall Street, sinking more than 17 percent.The market drubbing ... Read more...
Posted in Business |
India has resumed tax treaty talks with Mauritius: Pranab
June 21st, 2011 - 7:26 pm ICT by IANS
New Delhi, June 21 (IANS) India has resumed talks with Mauritius to revise the existing tax treaty and have a double taxation avoidance agreement that will help track black ... Read more...
Posted in Business |
Probe into whether BlackBerry misguided shareholders
May 25th, 2011 - 12:04 pm ICT by IANS
Toronto, May 25 (IANS) A US law firm is probing whether BlackBerry maker Research In Motion (RIM) deliberately kept its shareholders in the dark about its problems in releasing new ... Read more...
Posted in Business |
Indian equities markets end lower as inflation reigns high (Weekly market review)
May 22nd, 2011 - 3:00 pm ICT by IANS
Mumbai, May 22 (IANS) Indian equities markets closed the week in the red with benchmark indices losing over one percent and broader indices slipping more, as bearish sentiments strengthened ... Read more...
Posted in Business |
PlayBook recall pushes BlackBerry stock to a new low
May 17th, 2011 - 9:36 am ICT by IANS
Toronto, May 17 (IANS) The stock of BlackBerry maker Research In Motion (RIM) closed at a new low of $ 41.72 on the Toronto Stock Exchange Monday after the ... Read more...
Posted in Sci-Tech |
China to have 900 mn mobile phone users this year
April 27th, 2011 - 3:48 pm ICT by IANS
Beijing, April 27 (IANS) China will soon become the first country to have over 900 million mobile phone subscribers, a media report said Wednesday.People's Daily cited government statistics to say ... Read more...
Posted in World |
GM may replace production-hit Toyota as No 1 automaker
April 23rd, 2011 - 4:33 pm ICT by IANS
New York, April 23 (IANS) Toyota Motor Corp. said Friday that it may take it till December to restore normal production of all its models because of parts shortage caused ... Read more...
Posted in Business |
Japanese investment in India will be affected: Rangarajan
March 15th, 2011 - 6:39 pm ICT by ANI
Mumbai, Mar 15 (ANI): The Chairman of the Prime Minister's Economic Advisory Council, C Rangarajan, on Tuesday said the ongoing crisis in Japan would have an impact on investment route and ... Read more...
Posted in National |
Apple’s new iPad today to kick off tablet war
March 2nd, 2011 - 3:30 pm ICT by IANS
Toronto/New York, March 2 (IANS) With 2011 touted as the year of the tablet, the tablet war begins this week with Apple unveiling its new iPad Wednesday and BlackBerry-maker Research ... Read more...
Posted in Sci-Tech |
Nashik onion farmers demand lifting of export ban
February 10th, 2011 - 12:59 am ICT by IANS
Nashik (Maharashtra), Feb 9 (IANS) Hundreds of farmers took to the streets here Wednesday and blocked the busy Mumbai-Agra highway to protest against the fall in onion prices caused by the ban ... Read more...
Posted in Business |
Subprime credit card offers on the rise
January 13th, 2011 - 9:14 pm ICT by Aishwarya Bhatt
New York, Jan 13 (THAINDIAN NEWS) Market analysts believe that banks are beginning to lend again and most importantly they are lending to credit card holders.The credit card savvy website, CardHub.com has ... Read more...
Posted in Business |
Airbus Attains Record Order From IndiGo Worth Nearly $16 Billion
January 12th, 2011 - 8:59 pm ICT by Pen Men At Work
January 12, 2011 (Pen Men at Work): The Indian budget carrier, IndiGo, has consented to acquire 180 Airbus aircrafts led by the primary order for the advanced ‘A320neo.’ This order, as per ... Read more...
Posted in Business |
BlackBerry tablet will be a winner: Market analysts
January 11th, 2011 - 1:15 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 11 (IANS) With its monopoly in the business handset market under onslaught from Google's Android devices and Apple's iPhone, BlackBerry maker Research In Motion (RIM) is now shifted ... Read more...
Posted in Sci-Tech |
‘Over Rs.23,000 crore raised in private equity deals in 2010′
December 12th, 2010 - 12:40 am ICT by IANS
Kolkata, Dec 11 (IANS) Private equity deals raised between Rs.23,000 crore to Rs.24,000 crore in India this year compared to Rs.14,000 crore in 2009 (calendar year), market analysts said here Saturday."This calendar ... Read more...
Posted in Business |
Rihanna falls from a tree during her gig at the AMA
November 23rd, 2010 - 1:14 am ICT by Aishwarya Bhatt
Los Angeles, Nov 22 (THAINDIAN NEWS) According to reports, singer Rihanna fell from a tree when she was performing at the American Music Awards. She was performing to her hit ... Read more...
Posted in Entertainment |
Is Google going to takeover Groupon?
November 22nd, 2010 - 11:20 pm ICT by Aishwarya Bhatt
Mountain View, Nov 22 (THAINDIAN NEWS) There is a buzz in the air that Google is planning to takeover the online discount service Groupon. According to reports by Bloomberg, Groupon has ... Read more...
Posted in Technology Industry News |
Black Friday Frenzy Affecting Shoppers Early In 2010
November 19th, 2010 - 8:05 pm ICT by GD
By Ranjan Bhaduri
Nov 19, (THAINDIAN NEWS) This year the shopping season has set in early and the market analysts are of the opinion that more people will hit the retail outlets for ... Read more...
Posted in Business |
HCL Infosystem to acquire companies in emerging markets
October 21st, 2010 - 5:10 pm ICT by IANS
New Delhi, Oct 21 (IANS) India's HCL Infosystem Thursday said it is planning to acquire companies worth $50 to $100 million in emerging markets, including Africa, to expand its business.The company ... Read more...
Posted in Business |
Google, RIM are now no match for Apple: Analysts
October 21st, 2010 - 4:11 pm ICT by IANS
By Gurmukh Singh
Toronto, Oct 21 (IANS) Agreeing with Apple boss Steve Jobs' claim Monday that "we've now passed RIM (Research in Motion) and I don't see them catching up with us in ... Read more...
Posted in Sci-Tech |
Blackberry Playbook Unveiled With Better Spec Than iPad
September 28th, 2010 - 7:48 pm ICT by GD
By Ranjan Bhaduri
Sep 28, (THAINDIAN NEWS) Mike Lazardis the CEO and President of RIM which makes the famous Smartphone BlackBerry unveiled the much awaited Blackberry tablet named the playbook. The device has ... Read more...
Posted in Technology Industry News |
High definition TV big turn-off for millions of women
September 15th, 2010 - 5:14 pm ICT by IANS
London, Sep 15 (IANS) High definition (HD) television is a big turn-off in millions of British homes, thanks to women who are showing the latest in broadcast technology a thumbs down.
Experts ascribed ... Read more...
Posted in Sci-Tech |
Cheryl Cole’s endorsement sends hairspray sales soaring
August 9th, 2010 - 4:42 pm ICT by ANI
London, Aug 09 (ANI): Girls Aloud singer Cheryl Cole has boosted the sales of the hairspray she advertises.Cole, as the face of L'Oreal's Elnett, has boosted the product's sales in the UK ... Read more...
Posted in Entertainment |
HP’s Interim CEO Trying To Counter The Effect Of Mark Hurd’s Resignation
August 7th, 2010 - 7:18 pm ICT by GD
By Ranjan Bhaduri
Palo Alto, Aug 7, (THAINDIAN NEWS) The news of Mark Hurd's resignation from IT giant Hewlett Packard has sent shock waves in the IT industry and the market analysts are ... Read more...
Posted in Business, Technology Industry News |
In Excess Of 40 pct. Of American Homemakers Leave the Mortgage Aid Program
July 21st, 2010 - 8:28 pm ICT by Pen Men At Work
July 21, 2010 (Pen Men at Work): There has been a massive amount of American homeowners, who have desired assistance from the Obama administration’s flagship endeavor to salvage those in jeopardy of ... Read more...
Posted in Business |
More Than 40 Percent Drops Obama Mortgage-Aid Program
July 21st, 2010 - 7:26 pm ICT by GD
By Ranjan Bhaduri
Washington, July 21, (THAINDIAN NEWS) A total of 40 percent house owners at the verge of facing a foreclosure have turned their back on "Obama Mortgage Aid Program" and are ... Read more...
Posted in Business |
American Eagle And Parent Airlines Offering New Services
July 20th, 2010 - 7:29 pm ICT by GD
By Ranjan Bhaduri
July 20, (THAINDIAN NEWS) The affiliate of well known US based carrier American Airlines, American Eagle Airlines has started a nonstop jet service between Fort Worth and Columbus. The ... Read more...
Posted in Business |
Latest ‘James Bond’ Movie Canceled Due To Financial Troubles At MGM
July 10th, 2010 - 7:11 pm ICT by Pen Men At Work
July 10, 2010 (Pen Men at Work): Millions of admirers of the ‘James Bond’ sequence of movies exist across the world. However, the news given below will prove to be ... Read more...
Posted in Entertainment |
HCL Infosystems picks up 60 percent stake in Dubai firm
July 8th, 2010 - 8:03 pm ICT by IANS
New Delhi, July 8 (IANS) HCL Infosystems Thursday said it has acquired a 60 percent stake in NTS Group, a leading Dubai-based IT services and solutions company.
Though the company did not ... Read more...
Posted in Business |