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Nokia says it will cut 220 jobs in Japan

Nokia, the world's biggest mobile phone maker, said it would cut around 220 jobs in Japan.

Russian post office to cut its 33,000 jobs

The Russian post office said that it intended to cut its staff by at least eight percent in 2010.

Poor connectivity hampers SAARC trade

Poor connectivity among countries of SAARC is a major impediment for intra-regional trade.

Sharjah-China trade surpasses $1000 mn

Sharjah's trade with China has surpassed USD 1000 million in 2008.

Asian tour aimed at jobs: Obama

US Prez Barack Obama said his tour to Asia was part of his pursuit of economic growth.

Indian appointed to key IMF post

Indian economist Siddharth Tiwari has been named as the Secretary of the IMF by its MD Dominique Strauss-Kahn.

Nokia to axe 330 jobs in Finland, Denmark

Handset giant Nokia said it will cut around 330 jobs in Finland and Denmark.

Bloomberg to lay off 130 employees

Bloomberg may lay off about 130 employees in BusinessWeek.

South Korea to grow over 4%: Expert

South Korea's economy is expected to grow above the Government's earlier forecast.

Geithner confident China will let yuan rise

Geithner has said he was confident China would allow its currency to be more flexible.

Ban urges aid boost to deal with recession

There is an urgent need to increase the volume, quality and reliability of aid flows: Ban

US want India to raise FDI cap in defence

Obama admin wants India to lift the cap in both defence and insurance sectors.

'G20 at centre of US' cooperative effort'

Obama Admin is placing the forum at the centre of its economic cooperative effort: Geithner.

Microsoft co-founder diagnosed with cancer

Microsoft Corp co-founder Paul Allen has been diagnosed with non-Hodgkin's lymphoma.

Mauritius buys 2 metric tons of gold

Mauritius has bought two metric tons of gold from the IMF for nearly 72 mn dollars.

India, Canada to ink civil N-deal soon

Uranium-rich Canada hopes to sign an agreement soon with India for civilian nuclear cooperation. “I sincerely hope our government will soon conclude a civilian nuclear agreement which will enable development of nuclear power for civil use,” said visiting Canadian Prime Minister Stephen Harper on Monday.

Gala event in London to raise funds for IHIF

Brought together by a noble cause at the The Banqueting House, London- this event was dedicated to the Indian Head Injury Foundation.

Rolls-Royce establishes presence in Qatar

Rolls-Royce, has signed an agreement with Qatar Science and Technology Park (QSTP).

China trade ties should be balanced: Obama

Trade ties between the United States and China could lead to more prosperity, Barack Obama said.

Japan’s growth strongest since 2007

Japan's economy grew at the fastest pace in two and a half years.

L&T Heavy Eng LLC to open plant in Oman

Engineering firm L&T Heavy Engineering LLC is set to open a high tech manufacturing facility in Sohar, Oman, on Monday.

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