Do you need a handy mortgage calculator ? Would you like to use a savings calculator to quickly plan your discretionary income for the upcoming year? Or are you simply in need of information on home mortgage borrowing. If any of these scenarios fits your situation, hurry to visit online personal finance resource Creditchoices.co.uk Credit Read more
Though majority of people has realized that they need life cover, not everyone knows what sort of and how much to cover. In our busy lives, we have no time to think about death, but death is as real as life and none knows when and how it can come. So, it’s good to think Read more
If you are thinking that electronics’ makers sailing smooth despite economic downturn, you need to think again at least the revision of profit forecast from Panasonic seems to suggest so. The company has slashed its profit forecasts by 40% for the present fiscal year. Panasonic was expecting to make 560b yen in the current fiscal Read more
A plan for economic recovery of EU member states has been proposed by the European Commission. European Commission is urging member states to sign up for this plan that aims to be coordinated across the European bloc by combining tax cuts and targeted investment. The details about the plan have been unveiled on Wednesday and Read more
To stabilize US economy and the financial system, the Federal Reserve has announced to offer another $800bn stimulus. According to the US Treasury Secretary Henry Paulson, the package has been announced for the availability of more lending to consumers. The new package will be used to buy mortgage-backed securities and thaw out the freezing consumer Read more
The term revenue means the income that a company receives from its normal business activities, usually from the sale of goods and services to the customers. Income which a company earns through dividends, interest or royalties amount paid by other companies is also called as revenue. Revenue may refer to the income earned through a Read more
Hewlett-Packard (HP), the world’s no.1 PC maker, posts a better-than-expected net profit in the fourth quarter and beats Wall Street analysts’ forecasts According to HP, it made a $1.03 net profit on each share excluding charges. It was 3% higher than what the Wall Street analysts were expecting. After that news, there was a 10% Read more
In the past, temp agencies where used for hiring people to fill in vacancies for workers who were on holidays. But with the passage of time a lot changes have occurred and now the temporary employment industry has evolved into an industry which tries to utilize highly skilled workers for temporary staffing. This industry employs Read more
In an announcement, Virgin Mobile has confirmed that it will shed 10 % of its staff over the next year. The recent buyout of Helio will become the cause to lay off 10 % of the strong workforce. According to the company, acquisition of Helio and the move to an IBM-contracted IT infrastructure was the Read more
Because of new concerns that the global economy faces an extended downturn, worldwide shares have fallen sharply. In the US, Dow Jones index closed Tuesday 177 points or 2% down to 8,694 and it was mainly due to poor results overnight from Starbucks. Continuing fears over General Motors future also hit US investors confidence. Similarly, Read more
To bolster Ukraine economy, which has shaken enough due to global financial turmoil, The International Monetary Fund (IMF) has approved a $ 16.4bn loan. IMF announced that $4.5bn would be immediately available as part of the two-year package. Banking recapitalization, fiscal and incomes policy adjustments, and monetary and exchange rate policy shifts have been included Read more
High value of the yen and intense decline in the US car market became the cause of 41% fall in Nissan half-year profits. Nissan made a net profit of 126bn yen between April and September, while it was 212bn yen a year earlier. There was an overall 4.7% rise in sales, but in the US Read more
Figures from the commerce Department show that between July and September, the US economy has shrunk at an annualized rate of 0.3%. Though they showed the sharpest contraction of the economy since 2001, the gross domestic product (GDP) figures were better than expected. On the other hand, consumer spending that constitutes two-thirds of the US Read more