News tagged with “cut”. Found:
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German economy contracts for third quarter
Kuala Lumpur :: Malaysia | 9 months ago
Credibility
Gross domestic product dropped a seasonally adjusted 2.1 per cent from the third quarter, when it fell 0.5 per cent, the Federal Statistics Office in Wiesbaden said today...German companies are scaling back output and cutting jobs as global growth slows...
Washington, D.C. - Eliminated from stimulus plan
Several huge money items were cut entirely from the stimulus plan in the Senate. While cutting funds from the plan was paramount in helping to get a deal reached, what was cut shows how much sway the Republicans had in the deal. Funding for Neighborhood...
Tags: stimulus bill, cut, Neighborhood Stabilization, state fiscal stablization
SeekingAlpha: Sharp: First Loss in More Than 50 Years
Hitachi :: Japan | 9 months ago
Credibility will post its first loss in more than 50 years for its March 2009 fiscal year and plans to cut 1,500 temporary jobs because of falling demand for LCD televisions. As Bloomberg notes , Sharp now expects a loss for the year of about 100 billion yen, or...
Opec plans more supply cuts
London :: United Kingdom | 9 months ago
Credibility September, to revive prices battered by the first demand drop in more than 20 years. A cut of around one million barrels per day (bpd) could be discussed by the organisation’s ministers at their March 15 meeting in Vienna, an Opec source said. That would...
Tags: oil, cut, production
UAE to produce 2.23 million bpd
Dubai :: United Arab Emirates | 10 months ago
Credibility January 2009 in a bid to lift tanking oil prices that have slumped to below $50 levels from an all-time high of $147.27 a barrel seen on July 11 last year. A global financial crisis which took the world into its grip in the second half of 2008, wiped...
Tags: oil, cut, production, oil price, opec
Oil cartel keeps cuts on track
Riyadh :: Saudi Arabia | 10 months ago
Credibility Showing an unusual degree of discipline, members of the Organization of the Petroleum Exporting Countries have slashed their output by more than three million barrels a day in recent months as they sought to put a floor under oil prices, which have fallen...
Tags: oil, production, cut
KDDI profits soar, keeping growth on track
Tōkyō :: Japan | 10 months ago
Credibility Corporation, Japan's second-biggest wireless carrier, posted a 19 per cent rise in quarterly profit on lower handset subsidies as cellphone sales slowed, and kept its annual growth forecast despite a recession...Tadashi Onodera warned that weak handset...
Tags: japan, recession, carpet, cut, Toyota Japan, Tokyo Shimbun, Tokyo Stock Exchange, largest, U.S, Iran
Financial Crisis - 0001 GMT
Chatham :: NY :: USA | 10 months ago
Credibility US stocks slide on Microsoft job cuts, disappointing earnings and poor economic data...Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. "Sony has not significantly altered reform initiatives from the December plan and will...
Tags: financial crisis, us stocks, job, cut
OHSU plans to cut nearly 1,000 jobs by end of 2009
Portland :: OR :: USA | 10 months ago
Credibility Economic downturn forces $30 million to $35 million in reductions The Portland Tribune, Jan 22, 2009 , Updated 10 minutes ago Oregon Health and Science University officials said Thursday that the school would cut between 500 and 1,000 jobs by the end...
American Greetings to cut 200 jobs, shut 60 retail stores
Bardstown :: KY :: USA | 10 months ago
Credibility including seven in Northeast Ohio -- and cutting at least 200 more jobs as it continues to pare expenses during what has traditionally been its strongest quarter. The company cut 15 employees in its Carlton Retail Division Thursday and is reducing its...
Tags: manufacturing, job, cut
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