Posts Tagged ‘recession’

Geithner To Urge Europe Leaders For Action

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 [...]

Gold heads for biggest weekly gain

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 [...]

Rupee slips on weak euro and shares

Dragged by losses in the euro, most Asian currencies, and local shares, the Indian Rupee (INR) weakened on Monday. This was after renewed fears of recession in the United States and sustained worries about the euro zone debt crisis prompted investors to sell riskier assets. The partially convertible rupee was at 45.92/93 to a dollar, [...]

Business confidence of India inc. Hits two-year low

According to the latest business confidence survey by the Federation of Indian Chambers of Commerce and Industry (FICCI), business confidence of India Inc. has hit a two-year low on rising cost of capital. This was primarily because of aggressive monetary tightening by the Reserve Bank of India (RBI) and weak domestic demand amid fears of [...]

Barack Obama warns of possible recession ahead

President Barack Obama recently warned that the US risked plunging back into recession if a standoff over the US debt ceiling lingers. This comment came in response to a statement by a top Republican that he was ready to cut a deal. From news.yahoo.com: “If investors around the world thought that the full faith and [...]

Dire warnings issued about collapse of US economy

Economists are issuing dire warnings that the US economy is on the brink of collapse and the voice was spearheaded by economist Nouriel Roubini who said “The US has run out of bullets,” to an economic forum in Italy earlier this month. Other economists have also proselytized nightmarish visions about future of the world’s number [...]

Marketing Society awards announced

Grand prix award goes to supermarket chain Waitrose for its budget range, Essential Waitrose, and government anti-obesity campaign takes best new brand award, as per award announcements from Marketing Society. Thomas, Waitrose’s marketing director, formulated the strategy and carefully selected name that deliberately avoided using a phrase such as “value” or “basics” for protecting the [...]

Inspirational Business Quotes

If you are a business owner or executive and feeling the heat of recession, inspirational business quotes can do the trick for you. Studies in the past have shown that inspirational business quotes can do a lot of wonders for lifting the spirit and profile of business owners and executives. This is the very reason [...]

Business World getting ruled by Online Presence

Today’s business world is full of complexities and when you add a probability of troubled times such as changes in law or fall in demand or recession, the prospects of a business are in troubled waters. Furthermore, every profit-oriented business has to make sure that it reduces its operational and other costs to a significant [...]

Inspiring Business Quotes – Feel the Entrepreneur in You!

A business that makes nothing but money is a poor business. – Henry Ford Anyone who has lost track of time when using a computer knows the propensity to dream, the urge to make dreams come true and the tendency to miss lunch. – Tim Berners-Lee A cardinal principle of Total Quality escapes too many [...]