There is no joy among workers at Dell’s factory here over the global computer giant’s decision to shift production from Ireland to Poland but as the economic crisis bites they are relieved their jobs are safe. "We understand it’s a blow to people in Ireland — we Poles have also suffered high unemployment — but […]
Colombia, Venezuela form $200m fund to boost trade
The presidents of Colombia and Venezuela pledged Saturday to invest $100 million each in a special fund in hopes of boosting cross-border trade as the world economic crisis slashes global demand for their exports. The cash will help create small businesses and should finance infrastructure projects along the border, Venezuelan President Hugo Chavez said after […]
Japan’s Nomura to book $3.4b loss
Japan’s largest brokerage Nomura Holdings is forecast to report a net loss of some 300 billion yen (3.4 billion dollars) for the October-December quarter, its worst in eight years, a report said Sunday. It would be the worst loss since April-June 2001, when the group changed its accounting standards, the Nikkei business daily said. The […]
Hundreds of Filipinos lose jobs daily
Hundreds of people in the Philippines are losing their jobs every day as the global economy slows, Labour Secretary Marianito Roque said Friday. Between December 1 and January 19, some 15,600 workers were laid off, Roque said in a radio interview. Over the same period, 19,000 others had their shifts or working hours reduced. “Just […]
Global warming could unleash ‘dead zones’ in the ocean
Global warming may create "dead zones" in the ocean that would be devoid of fish and seafood and endure for up to two millennia, according to a study published yesterday. Its authors say deep cuts in the world’s carbon emissions are needed to brake a trend capable of wrecking the marine ecosystem and depriving future […]
3 killed in city
Three people were killed in separate criminal attacks in the city’s Tejgaon, Sabujbagh and Kadamtoli yesterday. Unidentified gunmen shot dead vegetables trader Jahangir Hossain, 30, of West Tejturibazar in front of his home while criminals strangled 80-year-old security guard Jamir Ali at Sabujbagh and slit an unidentified youth’s throat in Kadamtoli. Jahangir, a trader of […]
- 1
- 2
- 3
- …
- 28
- Next Page »