Treasury Secretary Timothy Geithner is all set to urge key officials of Europe to take decisive action next week at a make-or-break summit for preventing a debt crisis from turning into runaway contagion.
Treasury announced Geithner would be meeting French President Nicolas Sarkozy, new Italian Prime Minister Mario Monti, and Spanish Prime Minister-elect Mariano Rajoy on [...]
Archive for the ‘Blogging’ Category
Geithner To Urge Europe Leaders For Action
December 16th, 2011 
admin Gold heads for biggest weekly gain
October 16th, 2011 admin On Friday, gold headed for its biggest weekly gain in a month as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession.
Gold gained 1 percent to reach an intraday high of $1,665.99 an ounce and stood at $1,659.10 by 0648 GMT, up $9.75, bullion hit record [...]
Kingfisher Airlines Working To Reduce Interest Costs
October 12th, 2011 admin Kingfisher Airlines is working with a consortium of banks for further cutting down interest rates and raising working capital as the carrier looks to restructure its fleet by selling and leasing back some of its aircraft to lower debt, its chairman Vijay Mallya said.
In a speech at the airline’s annual shareholders’ meeting on Wednesday, Mallya [...]
Posted in Blogging 
Tags: aviation industry, forex loans, Kingfisher Airlines, working capital 
No Comments »India’s Growing Commercial Vehicle Market To Be Tapped By Nissan-Leyland JV
October 11th, 2011 admin India’s second largest commercial vehicle maker, Ashok Leyland, said it expects its joint venture with Nissan Motors of Japan to sell 55,000 light commercial vehicles in the first year of sale, following a launch recently.
The demand for LCVs (Light commercial vehicles) in India is on the rise.
From in.finance.yahoo.com:
Light commercial vehicle sales in India have grown [...]
Posted in Blogging Tags: Ashok Leyland, commercial vehicle, commercial vehicles, joint venture, Nissan Motors No Comments »World Stocks Mixed Ahead Of Fed Outcome
September 22nd, 2011 admin European shares slipped and most Asian stock markets posted gains on Wednesday as jittery investors fearful of a European debt implosion looked to the Federal Reserve to announce measures to jolt the U.S. economy.
The dollar rose against the euro and was stable against the yen, while benchmark oil hovered below $87 a barrel.
From news.yahoo.com:
European shares [...]
LG Display to slash next year’s capital spending
August 31st, 2011 admin LG Display, the flat-screen maker, will be slashing capital spending for the next quarter by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.
“LCD makers will keep 2012 investment plan conservative and LG is also likely to cut spending again as [...]
Facebook Users Alarmed Over Posting Confidential Numbers
August 18th, 2011 admin Facebook users have expressed deep concerns over the appearance of confidential phone numbers on the social networking site.
The users are now realizing the sensitive information they’re sharing even though Facebook argues the feature has existed for over a year.
From in.news.yahoo.com:
Facebook adamantly denied that the confidential phone numbers of friends and family are freely accessible online, [...]
Goodell and Smith sign new agreement
August 8th, 2011 admin Roger Goodell, commissioner of the National Football League (NFL), and DeMaurice Smith, the Players Association Executive Director, have finalized their new 10-year collective bargaining agreement on Friday.
The pair signed the ground-breaking deal in Canton, Ohio a day after players had ratified it.
From Reuters.com:
The agreement will provide owners with a larger share of the NFL’s $9 [...]
Posted in Blogging Tags: human growth hormone, National Football League, nfl, professional sports No Comments »Road Safety Quotations – Get Inspired and Knowledgeable
July 2nd, 2011 admin There just cannot be any second thoughts when it comes to creating and keeping up high standards of road safety, for your own life and that of others. With safety products such as traffic safety cones available affordably these days, you just cannot ignore vehicle safety while on the move.
Let us access some meaningful and [...]
Why To Buy Power Megaphones?
June 17th, 2011 admin If you are about to conduct a coaching, controlling crowd, or outdoor presentation, power megaphones can be useful to you in more than just a way. This is simply because these communication devices are great options to deliver a loud yet clear message to the crowd.
Commonly used by law enforcement, evacuation agencies, and firefighting departments, [...]
