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Feds say 'no' to auto giants

Washington :: DC :: USA | 10 days ago

Any chance that Canada would muscle in to play a central role in the U.S. arm-wrestling over an auto bailout vanished faster than cash from the Detroit 3 bank accounts yesterday. "We've had two very high level meetings with senior executives in Detroit...

Neptune Orient prepares for a long downturn

Singapore :: Singapore | 12 days ago

Neptune Orient Lines, one of the world's largest container carriers, said Wednesday that it would lay off 9 percent of its work force and warned the outlook was grim as the shipping sector faced up to a prolonged global economic downturn. Shares of the...

Construction Firm Axing 2,000 Jobs

London :: United Kingdom | 13 days ago

15am UK, Tuesday November 18, 2008 Building supplies firm Wolseley is to axe 2,000 jobs in the UK and Ireland and close more than 200 branches, it has announced. Empty building site in Ireland The Reading-based firm, which trades as Plumb Center and...

'Quantum of Solace' gets mixed reviews

Antananarivo :: Madagascar | 15 days ago

L ast Friday was the world premiere of the highly anticipated Quantum of Solace , the 22nd film in the James Bond series. Patrons who saw the action-packed movie at the Carib cinema in Cross Roads gave it mixed reviews as they still seem to be warming...

MarketWatch: BioMimetic Therapeutics Ranked 181st Fastest Growing Company in North America on Deloitte's 2008 Technology Fast 500

Mountain View :: CA :: USA | 18 days ago

Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003--2007....

Indianapolis debt collection firm to expand

Indianapolis :: IN :: USA | 19 days ago

An Indianapolis company that collects unpaid debts plans to double its 250-person work force. State officials say Premiere Credit of North America plans a more than $4 million expansion of its headquarters on Indianapolis east side and will open a second...

Holiday shopping forecast bleak

Chicago :: IL :: USA | 19 days ago

An Orlando-based consumer analyst today issued a bleak forecast for the Christmas shopping season, predicting that sales will fall for the first time in more than two decades. Britt Beemer, chief executive officer of America's Research Group, forecast...

Volvo Group to cut 900 jobs

Stockholm :: Sweden | 20 days ago

The redundancies will affect 580 workers in Skövde, 110 in Gothenburg and 210 in Köping, according to a statement from the local manager for Volvo Powertrain in Skövde. Volvo's engine factory in Skövde will be hardest hit by the cutbacks, with 580 of...

Harper, premiers agree on infrastructure, pensions

Ottawa :: Canada | 21 days ago

Canada's top politicians abandoned the usual bickering and emerged from Monday's first minister's meeting with a united call for faster infrastructure spending and relaxed pension rules to ease the economic crisis...But he made it clear that there were...

Orders for big-ticket items rise

Detroit :: MI :: USA | about 1 month ago

New orders for manufactured big-ticket items rose in September, the government said Wednesday, surprising economists and indicating some resilience in the manufacturing sector...Census Bureau said new orders for durable goods rose 0.8% to $207.8 billion.

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