Wednesday, December 10, 2008

FINANCIAL EXPRESS NEWS

SKF to cut 2,500 jobs, Europe, US on casualty list- The Financial Express
Swedish bearings maker SKF AB on Thursday said that it is slashing nearly 6 per cent of its work force, or 2,500 jobs, worldwide to adapt to lower demand from the auto sector due to the global financial crisis.
The Goteborg-based company said it had already initiated the process which...
Inflation set to touch record low- The Financial Express
India's annual inflation rate is expected to have fallen to its lowest in eight months in late November, following a decline in prices of manufactured products and lower fuel prices, a Reuters poll showed on Wednesday.
The median forecast of 11 economists was for an 8.0 per cent rise...
Micro Technologies reduces prices by 30%- The Financial Express
Global security, safety and life-support solutions provider Micro Technologies on Wednesday said it has cut its prices by up to 30 per cent across a varied range of security products to capitalise on the enhanced demand for security devices.
"Analysing the current market scenario and...
White House in tentative auto bailout deal- The Financial Express
The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15 billion proposal for bailing out US automakers and forcing them to restructure or fail, officials said.
A Bush administration official and a Democratic leadership aide said the...
More mobile phone makers back Google's Android- The Financial Express
Fourteen of the world's largest mobile phone and chip makers, including Sony Ericsson, Vodafone Group Plc and ARM Holdings Plc, joined the Open Handset Alliance on Tuesday to support the Android mobile device platform developed by Google Inc.
The new members' pledge to back the...
Rupee 48 paise stronger against dollar- The Financial Express
Auto industry posts biggest fall in sales- The Financial Express
Sensex gathers 200 points in early trade- The Financial Express
Airlines face worst crisis for 50 years: IATA- The Financial Express
World Bank forecasts a grim 2009- The Financial Express
IRDA mulls insurance products in vernaculars- The Financial Express
'Slowdown could act as 'growth stimulant' to SMEs'- The Financial Express
Hiring plans to slow globally: Manpower- The Financial Express
Vodafone to buy Swedish firm for $30 mn- The Financial Express
Gold consolidates further on firm cues

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