News tagged with global downturn
PC maker Lenovo reports loss amid weak demand
Aug 06, 2009 |
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(AP) -- Lenovo Group, the world's fourth-largest personal computer maker, reported a $16 million quarterly loss Thursday and said it faces pressure from weak global demand and intense competition.
Carbon emissions fall with global downturn: report
Sep 21, 2009 |
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Greenhouse gas emissions have fallen thanks to the global downturn, handing the world a chance to move away from high-carbon growth, a report said Monday, citing an International Energy Agency study.
Nokia to lay off 170 workers worldwide
May 19, 2009 |
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(AP) -- Nokia Corp. said Tuesday it will lay off 170 workers worldwide to further cut costs as the global downturn continues to weaken demand in the mobile phone industry.
Global crisis hitting IT spending: Microsoft chief
Nov 02, 2009 |
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Companies worldwide are slashing spending on information technology because of the global downturn and will have to learn to do more with less, Microsoft chief executive Steve Ballmer said Monday.
Recession may be over, but recovery will be gradual
Nov 19, 2009 |
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(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...
