Strong Yen Helps to Fuel Germany's Export Boom The New York Times | FRANKFURT — There was a touch of schadenfreude in the most recent earnings report issued by Kuka, a company based in the Bavarian city of Augsburg whose orange industrial robots are a common site on auto assembly lines around the world. | Kuka said last month that its sales had bounced back ...
Toyota Feels Exchange-Rate Pinch as Rivals Gain The New York Times | TOKYO — For all the turmoil over Toyota’s wave of recalls, the company, the world’s largest automaker, may face a bigger problem: the surging yen. | With the yen at 15-year highs against the dollar, a 9-year peak versus the euro and still near recent heights against the won, Toyo...
Toyota Feels Exchange-Rate Pinch as Rivals Gain The New York Times | TOKYO — For all the turmoil over Toyota’s wave of recalls, the company, the world’s largest automaker, may face a bigger problem: the surging yen. | With the yen at 15-year highs against the dollar, a 9-year peak versus the euro a...
Key to limitless energy Gulf News | It is one of mankind's most daring experiments — a quest to produce virtually limitless clean energy that, if successful, would revolutionise life on Earth by harnessing the explosive power of the Sun. Such is the appeal of the idea that the ...
Asian automakers post robust sales for August Gulf News | Seoul/Beijing: Asian auto sales rose strongly in August, benefiting from government moves to encourage purchases of new and cleaner vehicles, though an uncertain US economy and slowing growth in China look set to curb demand. | In China, the w...
Oil hits $72 after China growth Gulf News | London: Oil rose to $72 per barrel Wednesday after news Chinese manufacturing growth accelerated last month, easing concerns over the pace of economic recovery. | Benchmark US crude oil futures for October rose for the first day this week, gai...
Indian economy reflects new order Gulf News | India is forecasting that its economy will expand 8.5 per cent over the year, in part on the back of exceptionally strong growth this quarter. | This is good news for the Gulf region and the international economy. For the Gulf, the obvious benefit ...
Wall Street Surges After Upbeat Economic Reports The New York Times | Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in August and earlier indicators showed strong growth in China and Australia. ...
AP / Rajanish Kakade
Indian economy reflects new order Gulf News | India is forecasting that its economy will expand 8.5 per cent over the year, in part on the back of exceptionally strong growth this quarter. | This is good news for the Gulf re...
Wall Street Surges After Upbeat Economic Reports The New York Times | Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in Augus...
Jobs deficit lays bare failure of Obamanomics Asia Times | Sep 2, 2010 Jobs deficit lays bare failure of Obamanomics | By Peter Morici | With thousands of young college graduates moving in with parents and return...
India growth rate goes for a gallop Gulf News | Abu Dhabi: India's economy expanded 8.8 per cent in the fiscal first quarter, its fastest growth rate in nearly three years on the back of strong manufacturing growth and better farm output. | At a time when global economic recovery is showing sign...
Indian Economy Accelerating The New York Times | MUMBAI — While many developed economies worry increasingly about slowing growth and continued high unemployment, India said Tuesday that its economy was accelerating. | Sharp increases in manufacturing, mining and services helped India grow a...
Taiwan to Block Sale of A.I.G. Unit The New York Times | PARIS — The Taiwan financial regulator said Tuesday that it would block the $2.15 billion sale of Nan Shan — American International Group’s life insurance unit on the island — to a group of buyers tied to China, citing laws ...
Amartya Sen’s vision of learning Deccan Herald By Anil Sinha Friday, September 03, 2010 --> | It is a different world of learning; totally different from what we are acquainted with. We have almost accepted the kind of schools existing next door. We have been hearing for a long time now about reducing weight of school bags, etc. | Everyone talks about real development of a child who is responsi...
HSBC in talks for 70 percent of South Africa's Nedbank in $6.8 billion deal Daily Star Lebanon | Purchase would give Europe’s biggest lender entry into growing market | Tuesday, August 24, 2010 | - Powered by | --> | David Dolan and Kelvin Soh | Reuters | JOHANNESBURG/HONG KONG: HSBC is in talks to buy up to 70 percent of South Africa’s Nedbank, in a potential $6.8 billion deal that would give Europe’s biggest lender a broader ...