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 Even Apple is feeling the economic crisis, as shown by the NPD report released at the beginning of the week. According to the latest figures, Mac sales dropped 16 percent in February, and will continue to decline in the next period.The announcement doesn’t come as a surprise, considering the economic context, and the fact that Apple is...
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India's industrial growth was 5.4 per cent in June, down from an annualized rate of 8.9 per cent in the same month in 2007, according to government data released Tuesday.
According to India's Central Statistical Organization, the Index for Industrial Production (IIP) grew by a mere 5.2 per cent during April-June 2008 compared to 10.3...
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Singapore economic growth slowed to an annual 2.1 per cent in the second quarter, down sharply from the 6.9 per cent expansion in the first three months amid a fall in exports, the Ministry of Trade and Industry (MTI) said on Monday.
For the first half of 2008, real GDP grew by 4.5 per cent, the ministry said. Growth on an annualized,...
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India's Supreme Court Friday approved two controversial mining and steel projects in the eastern state of Orissa that were delayed owing to protests from tribal people and farmers, media reports said.
The court in New Delhi allowed British metal and mining group Vedanta Resources to go ahead with its 800-million-dollar bauxite mining...
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The European Central Bank (ECB) left its benchmark refinancing rate on hold at 4.25 per cent Thursday with ECB chief Jean-Claude Trichet warning about the threats posed by surging inflation and slowing economic growth.
"The uncertainty facing the economic outlook remains high," Trichet said in a downbeat assessment of the...
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The European Union and
Israel have agreed in principle to further open up their food markets
to one another's products, officials in Brussels announced Friday. Around 95 per cent of the trade in processed agricultural products between the EU and Israel is already fully liberalized.
The new agreement raises quotas and lowers...
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Bank of America, the second- largest US financial institution, posted profits for the second quarter of 3.4 billion dollars that were down on last year but well above expectations.The bank said it had been compelled to make write-downs of 1.2 billion dollars as a result of the continuing financial crisis.Net revenue for the quarter rose...
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 The only OPEC member from the Southeast Asia, Indonesia, will likely pull out of the group, the Minister of Energy and Mineral Resources announced on Wednesday.Purnomo Yusgiantoro told the mass media in a press conference that aging fields and the declining production forced the country, which has the biggest economy in the region, to...
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 A Northern California biotechnology company announced on Wednesday that it would start auctioning five slots which would grant the people who buy them the opportunity to clone their family dogs.BioArts International, based in Mill Valley, California, is the only company in the world that has the licence for cloning dogs, cats and other...
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 A federal appeals court ruled on Tuesday that the United States is discriminating blind people through its paper money, as their different values are almost impossible to distinguish.The decision upholds a previous decision by a lower court in 2006 and is possible to force the US Treasury to react and redesign its bills. There are two...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.757 |
0.701 |
97.307 |
| EUR |
1.320 |
------ |
0.926 |
128.479 |
| GBP |
1.426 |
1.080 |
------ |
138.794 |
| YEN |
0.010 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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 New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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