List
of articles tagged as Europe
India’s exports fell for the first time in seven years by 12 per cent in October on sagging demand f
Tuesday, December 02, 2008 www.mumbaimirror.com
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Business
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New Delhi: India’s exports fell for the first time in seven years by 12 per cent in October on sagging demand from the world’s two biggest consumer markets – the US and Europe, widening the trade deficit further.
Exports in October 2008-09 declined 12.1 per cent to $12.8 billion from $14.58 billion a year ago, causing job losses in the sector, while merchandise imports grew by 10.6 per cent to $2
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New-Delhi
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Europe
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Comments | Submitted by : corporate
This Christmas, garment exports may miss Santa
Monday, December 01, 2008 www.hindustantimes.com
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Stock market
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The global meltdown has dampened spirits in the domestic garment industry ahead of the most bullish period of the year — the Christmas. Traditionally there is a 25 per cent jump in orders from Europe and United States during August-November when orders are placed but this year they have been hard to come by.
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Europe
United-States
Christmas
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Comments | Submitted by : raajkaran
ArcelorMittal, the world's largest steelmaker, unveiled plans to slash up to 9,000 more jobs.
Friday, November 28, 2008 ibnlive.in.com
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Business
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Brussels: ArcelorMittal, the world's largest steelmaker, unveiled plans on Thursday to slash up to 9,000 more jobs, saving $1 billion a year in response to a deepening global economic downturn.
The company said it would launch a voluntary redundancy scheme for largely white collar staff to make the cuts, which which could affect about 3 per cent of its workforce.
Up to 6,000 of the job losses w
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Brussels
ArcelorMittal
billion
Europe
Luxembourg
Paris
US
global
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Comments | Submitted by : corporate
Engineers are working on futuristic robots, such as the Nao, which are capable of growing emotionall
Friday, November 28, 2008 www.mumbaimirror.com
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Technology
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If researchers in Europe are successful, we will soon be seeing robots capable of developing and displaying emotions as they interact with humans.
Dr Lola Canamero, of the University of Hertfordshire’s School of Computer Science in the UK, is co-ordinating a project to develop robots that are capable of growing emotionally, responding to humans and of expressing their own emotional states as they
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researchers
Europe
Dr-Lola-Canamero
Hertfordshire
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Comments | Submitted by : nasa
"Professional networking is a 'must do' during unstable economic times."
Wednesday, November 26, 2008 justsamachar.com
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Technology
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Helsinki: Janel Landon, who runs a small PR consultancy in Chicago, has long been aware of the potential of online networks: now in her mid-50s and facing a global recession, she's decided to sign up.
"Given the state of the economy, I recently decided to jump on board," Landon told Reuters. "Professional networking is a 'must do' during unstable economic times."
The economic crisis slamming
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Helsinki
Janel-Landon
Chicago
global
Xing
LinkedIn
Europe
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Comments | Submitted by : technik
Shipping companies are avoiding the Suez Canal route, as it requires passing through the Gulf of Ade
Wednesday, November 26, 2008 www.ndtv.com
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Foreign Affairs
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Egypt earned $5 billion in the Suez Canal fees this fiscal year, but it may not be the same next year. Shipping companies are avoiding the Suez Canal route, as it requires passing through the Gulf of Aden, scene of most pirate attacks.
For over 100 years, the Suez Canal has cut down travel time for ships going from Asia to Europe or America. But ships taking this route have to cross through the G
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Egypt
billion
Suez-Canal
Aden
America
Europe
Asia
Mohamed-Rachid
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Comments | Submitted by : tango
Airlines have decided to withdraw the transaction cost levied on air-ticket booking.
Wednesday, November 26, 2008 www.hindustantimes.com
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Business
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Airlines have decided to withdraw the transaction cost levied on air-ticket booking, a move that would bring down airfare ranging from Rs 350 to Rs 10,000 per ticket.
The country’s three largest air carriers — Jet Airways, Kingfisher Airlines and state-run Air India — on Tuesday announced their plans to withdraw the transaction fee. The other carriers are expected to follow suit.
“We have decide
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Jet-Airways
Kingfisher
US
Europe
Jitendra-Bhargava
India
centres
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Comments | Submitted by : corporate
Jet Airways is set to lay off over 100 of its staff abroad to tide over the current financial crisis
Tuesday, November 25, 2008 www.mid-day.com
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Local
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Mumbai: After proposing a five to 25 per cent pay cut to its employees, Jet Airways is set to lay off over 100 of its staff abroad to tide over the current financial crisis. And unlike the protests that greeted layoffs in October, Jet does not foresee any trouble, as lay offs are an accepted norm abroad.
"Lays offs are easier to initiate abroad, as they are considered routine in the US or Europe,
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Mumbai
Jet-Airways
US
Europe
MiD-DAY
Bengaluru-Brussels
Amritsar-London
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Comments | Submitted by : editor
Oil prices fell below $54 a barrel in Asia after surging overnight.
Tuesday, November 25, 2008 profit.ndtv.com
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Stock market
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Oil prices fell below $54 a barrel on Tuesday in Asia after surging overnight as investors mulled whether a U.S. government bailout of Citigroup Inc. restores enough confidence to staunch crude's 64 percent slide since July.
Light, sweet crude for January delivery was down 61 cents to $53.89 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.
The contract
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Asia
U.S.-government
Citigroup
New-York
stock-markets
Europe
David-Moore
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Comments | Submitted by : sharekhan
Hiring may slow down in mature businesses but will continue in new projects, says Oberoi.
Wednesday, November 19, 2008 ibnlive.in.com
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Business
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With recession hitting US and a large part of Europe, Indians are becoming a worried lot. Though there have not been any lay-offs in the country as yet, the financial tsunami has already claimed some victims. Naukri.com COO, Hitesh Oberoi answered queries of IBNLive readers on the job scenario in India and whether this is a good time to change jobs or to stay put in one place and let the recession
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US
Europe
Indians
Hitesh-Oberoi
Pintu
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Comments | Submitted by : corporate
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