News tagged with slowdown
Japan's Panasonic set for $10.2 billion loss
Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.
Feb 03, 2012 |
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Tough economy curbs clean energy investment: experts
A global economic slowdown and the eurozone debt crisis have curbed government investment in renewable energy, experts warned Tuesday.
Technology / Energy & Green Tech
Jan 17, 2012 |
5 / 5 (1) |
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Wind turbine giant Vestas to cut 2,335 jobs this year
Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.
Jan 12, 2012 |
4 / 5 (1) |
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India's Infosys warns about IT sector outlook, shares slump
Indian IT giant Infosys on Thursday posted a 33-percent rise in its quarterly profit, but warned of a slowdown and weak client spending due to global uncertainty and the European debt crisis.
Jan 12, 2012 |
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Chairman says Samsung to focus on new products
South Korea's Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said Monday.
Jan 02, 2012 |
3 / 5 (2) |
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Europe's Vega rocket launch set for early 2012
Europe's new Vega rocket, which can place a 1.5-ton satellite into low-Earth orbit, is expected to see its first launch early next year, Arianespace chief Jean-Yves Le Gall said Thursday.
Space & Earth / Space Exploration
Dec 08, 2011 |
3.7 / 5 (3) |
1
SK Telecom named as preferred bidder for Hynix
South Korea's top mobile carrier SK Telecom has been selected as preferred bidder for a controlling stake in Hynix Semiconductor, the world's number two memory chip maker, creditors said Friday.
Nov 11, 2011 |
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Harvard Medical School launches major initiative to address crisis in drug development
Taking aim at the alarming slowdown in the development of new and lifesaving drugs, Harvard Medical School is launching an Initiative in Systems Pharmacology, a comprehensive strategy to transform drug discovery by convening ...
Oct 17, 2011 |
5 / 5 (1) |
0
RIM down over 21 percent on Wall Street
Shares in Research in Motion plunged on Wall Street Friday after the BlackBerry maker lowered its outlook for the year and said it would be cutting jobs.
Jun 17, 2011 |
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Phone rivalry drives down RIM earnings
(AP) -- BlackBerry maker Research In Motion Ltd.'s quarterly results on Thursday provided fresh evidence of the company's struggles to come up with a device to compete with the iPhone and smartphones running ...
Jun 16, 2011 |
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1
Study: Small firms need more access to credit during financial troubles
When the economy sours, small firms seeking credit tend to face higher costs of financing, leading them to reinvest their profits before they pay off creditors, according to research published by a University of Illinois ...
Other Sciences / Economics & Business
Oct 05, 2010 |
3 / 5 (2) |
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Hourly workforce carries burden during recession
The United States workforce, battered by an economic slowdown, now includes a record number of workers who are involuntarily working part-time due to reduced hours or the inability to find a full-time job.
Other Sciences / Economics & Business
Aug 31, 2010 |
5 / 5 (1) |
1
Sony chief executive outlines turnaround plan
(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...
Nov 19, 2009 |
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India's Wipro posts 19 percent rise in profits
India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.
Oct 27, 2009 |
1 / 5 (1) |
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PC maker Lenovo reports loss amid weak demand
(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.
Aug 06, 2009 |
5 / 5 (1) |
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