recession

You are browsing the archives of "recession."

Obama Calls Jobs Report Better Than Expected

WASHINGTON — President Obama says the new jobs report “is actually better than expected.”
A jobs report released Friday said the unemployment rate held at 9.7 percent last month as employers shed 36,000 jobs, more than the 26,000 cut in January. Obama blamed snowstorms that buried the East Coast.
Even so, the president said the number of [...]

Job cuts fall in February to lowest since 2006

(Reuters) – The number of planned layoffs at U.S. firms fell in February to the lowest level since 2006, and employers appear to have shifted away from downsizing even though hiring may be a while off, a report on Wednesday showed.
Employers announced 42,090 planned job cuts last month, the lowest level of monthly job cuts [...]

Oxi Fresh Carpet Cleaning Listed in Entrepreneur’s “Top 10 Trends for 2010″

LAKEWOOD, CO, Mar 01 (MARKET WIRE) —
Oxi Fresh Carpet Cleaning(R), the environmentally friendly, all-natural
green carpet cleaning service, has been listed in Entrepreneur’s green
section of “Top 10 Trends for 2010.” The article, which listed 10
franchise categories that are poised for growth in 2010, touted green
franchises as a huge area primed for expansion due to consumers becoming
“increasingly [...]

REG-Hello Telecom (UK) PLC: Final Results

HELLO TELECOM (UK) PLC
Final Results for the year ending 30th September 2009 [...]

Durga puja celebrations on a modest scale in Siliguri

Siliguri, Sept 18 (ANI): The festival of Durga Puja is just round the corner. However, this time around, the festival may not be full of pomp and show as compared with previous years in Siliguri.

The festival is known for massive makeshift [...]

India to build more highways than any other country in the world: Kamal Nath

Zurich (Switzerland), Sep 17(ANI): Union Minister for Road Transport and Highways Kamal Nath on Thursday said that in the next two years India will build more highways than any other country in the world.

Inaugurating “Building India: Road Infrastructure [...]

Top white lie to shun sex: I’m too tired

London, Sept 16 (ANI): The humble headache has had its day as far as excuses to avoid sex are concerned, for now the reigning white lie to snub a romp is ‘I’m too tired’, says a new survey.

“I’ve got a headache” has lost its lustre and fallen to number three in the list behind “I’m [...]

Heather Mills ready to make £1.4m profit selling new posh pad

London, September 13 (ANI): Heather Mills is hoping to make a profit of 1.4 million pounds by selling a luxury flat she bought just 10 months ago.

The ex-wife of former ‘Beatle’ Sir Paul McCartney bought the swish three-bedroom London apartment for 2.35 million pounds.

The 41-year-old English campaigner was seldom there, and the flat in [...]

How to cope with unexpected job loss’ impact on marriage amid recession

Washington, Sep 13 (ANI): As people are increasingly losing jobs, and being thrown towards forced retirement due to recession, their married lives are hitting a rough patch as well.

A large number of couples are reporting growing tension after one retires, or is forced to retire due to layoffs.

And researchers have said that job loss is [...]

Kolkata Fashion Week features Ritu Kumar

Kolkata, Sep 11 (ANI): Ace designer Ritu Kumar presented her collection on the first day of the star studded Kolkata Fashion Week.

Kumar opened her collection in black and gold with intricately worked garments giving the feeling of what could be described as India’s version of [...]

Surat diamond traders hope to shine at China’s diamond festival

Surat, Sep. 8 (ANI): Diamond traders in Surat are expecting good business during the upcoming National Gold and Diamond festival week in China.

The Indian diamond cutting industry was one of the badly hit sectors due to the global recession.

“The upcoming show in Hongkong will provide good market to [...]

Google developing online version of Monopoly

London, Sep 7 (ANI): Google will be working with giant toy company Hasbro to produce a spectacular online version of Monopoly, say reports.

The game uses Google Maps as a board, allowing players to choose from millions of streets worldwide [...]

Chavs top the list of Brits’ 100 most annoying things

London, Sep 4 (ANI): A survey has revealed that chavs, who are typically portrayed as uncultured, anti-social, baseball cap wearing youths, have topped the list of the 100 most annoying things Brits find.

The survey revealed that more than 60 percent people found chavs [...]

Brit workers have no confidence in their bosses

London, Sep 2 (ANI): One third of Brit workers have no trust in their senior managers, and the trend is more visible among those working in large public sector companies, according to a new study.

Conducted by the Institute of Leadership and Management (ILM), the [...]

BT’s India call centre pull back plans hit over excessive working hours

London, Sep 1(ANI): British telecom giant BT’s plans to cut 2,000 call centre jobs in India to provide permanent positions for UK staff during the recession have taken a major hit, over worries whether British workers would put in the stifling hours.

Keeping [...]

Recession-hit Brits’ new delicacy – cat food!

London, Sept 1 (ANI): Britons struggling to cope with the ongoing recession are munching on a new delicacy – cat food.

Pollack, once popular as a food for cats, has stormed up the “seafood charts”.

The popularity of the white fish – traditionally a cheap alternative to cod or haddock – has soared over the past year, [...]

Natalie Portman optimistic about recession

Washington, Sep 1 (ANI): Natalie Portman is optimism personified, for she is convinced that the international recession has its upside, as it will allow people to rethink their priorities.

The ‘Star Wars’ actress, who filmed a FunnyOrDie comedy sketch about the financial crisis last year, insists that workers who are now worse off will be able [...]

Two third of Brits hoping to get out of credit crunch within a year

London, Aug 31 (ANI): It seems that the days of economic slump are getting over for Britons, for at least two thirds of them believe that their financial situation will stay the same or improve over the next year.

According to a poll conducted by [...]

Tendulkar unveils logo of KPL Belgavi Panthers

Bangalore, Aug. 30 (ANI): Master blaster Sachin Tendulkar on Saturday launched the logo and the colours of the Belgavi Panthers Team, which will take part in the upcoming and fledging Karnataka Premier League (KPL).

The owners of the Belagavi Panthers team representing Karnataka’s Belgaum city capitalised on the presence of Tendulkar in Bangalore, who is presently [...]

UCLA economist blames Hoover’s pro-labour policies for Great Depression

Washington, Aug 30 (ANI): A University of California, Los Angeles economist has blamed former US President Herbert Hoover’s pro-labour policies for Great Depression in 1929.

“These findings suggest that the recession was three times worse – at a minimum – than it would otherwise have been, because of Hoover,” said Lee E. Ohanian, a UCLA professor [...]