To restore the company’s fortunes in front of decreasing profits, Yahoo has announced to shed around 1,500 jobs that are 10% of its global workforce. The company reported a 64% slump in third quarter profits. Yahoo announced 54.3million net profit in 3Q, while it was $151.3m in the same period last year. Yahoo has rejected Read more
How to Write a Reference Letter of Recommendation
Did anyone ever approach you requesting a reference letter and you had to say no, as you didn’t know what to write? If you don’t know how to write a letter, here is some help for you that may avoid you saying ‘no’ next time. Usually reference letter is written to help someone who wants Read more
Economic ‘panic’ is easing, Bush says
The US president says that now Americans have begun to feel more positive about their country’s economy. In Louisiana, the President said in a business meeting with business leaders that people had a more positive approach towards economic panic. While Federal Reserve chief Ben Bernanke said that we might need more spending to fight the Read more
China sees slow down in economic growth rate
In China, economic growth rate drops for the third quarter in succession and there are fears that the economy may see an intense downturn in the coming days. According to the National Bureau of Statistics, during the 3rd Q the economy grew at a rate of 9% that was 10.1% down compared to previous quarter. Read more
26% rise in profits, Google defies economic worries
The online search giant shows 26% rise in profits despite worsening economic conditions in the country. The announcement became a cause of 7% increase in the company’s shares in after-hours trading. During the 3Q of the 2008, Google minted $1.35bn and beaten the analysts expectations quite easily. The company said in an announcement that its Read more
Public relations: The most important tool for public relations firms to expand their business
Public relations are considered one of the most important tools for public relations firms for their business development. If a public relations firm enjoys a good name, the other companies notice that and like to hire it. Usually, when a firm hires a public-relations team, it wants 100% exceptional efforts from it. When a public-relations Read more
Sharp rise in Asian stocks after US successes
A sharp rise in Asian financial markets is observed after fresh moves to deal with global financial crisis. In morning trading, Nikkei gained 13% while Sydney up by 5%. On Monday, Wall Street shared rocketed 11% and the mentioned gains in Asian financial markets came after that. In Wall Street, the investors welcomed the fresh Read more
Asian markets showed mixed results after G7 crisis talks
After world leaders talk to end the current financial crisis, Asian markets saw mixed results during first day trading. In morning trading, shares were up in Australian, Hong Kong, Singapore and South Korean markets, but they opened down in the main markets in Taiwan and Shanghai. Earlier this week, EU leaders announced that big bank Read more
Critical Illness Quote from Top Quote UK
Critical illness quote from Top Quote UK definitely has its pluses because it’s faster as well as free. All you have to do is to getting online and can search for the companies that provide options of getting quotes for critical illness. Have you ever thought what will happen if you suffer from a serious Read more
Unsecured Loans Can Help You Secure Your Business
Unsecured business loans could turn out to be the source of some financial support for any issue related your trade. You can easily use this money to buy raw material or upgrade machinery, pay off credit card debts, renovate your office etc. However, you must always try to get such a loan at lower costs Read more
Financial Option to Senior Citizens through Settlements
A life insurance settlement is the process of selling your active life insurance policy for a lump sum amount to a third party. However, the sellers here have to make sure that the amount of money received at the end of the policy is more than the cash taken. In most cases the insurance policy Read more
Georgia to receive $750m loan from IMF
IMF has approved a $750m loan for Georgia for boosting confidence in its economy and rebuilding the currency reserves of the country. Georgia’s economy is facing some economic worries following last month’s conflict with Russia. According to some analysts, the loan would help Georgia to overcome the difficulties to attract foreign investment and selling products Read more
BMI may tie-up with Abu Dhabi carrier Etihad
UK airline BMI has refused to say anything about the newspaper report that told about a possible merger of BMI and Abu Dhabi carrier Etihad. According to the Sunday Times report, the Abu Dhabi carrier first approached to BMI in summer for a potential deal that valued BMI around £600m. It has been told that Read more
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