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Home : Daily News

Daily News

General

Globalization of Back-Office Processes Expected to See 50% Growth over Next Three Years
Companies can see 20-50% cost savings

India's Car Sector in Trouble
India is aiming for $145 billion in automotive sales by 2016, accounting for 10% of its economy.

Small Businesses Add 20,000 Jobs in August
The growth in small business jobs was from the service sector.

Feud Over Between BP and Russian Joint Venture
Energy supplies from TNK-BP are expected to come on stream on the global markets

U.S. Loses 84,000 Jobs in August
Manufacturing shed 61,000 jobs

Daimler to Test Electric Car
Automaker teams with energy company to develop electric vehicles.

Solar Energy Can Meet World's Energy Demands Says Expert
Under current scenarios, photovoltaic models will represent about 1,000 square kilometers by 2020 accounting for about only 3% percent of energy needs in the 27-member European Union, he added.

U.S. Productivity Decreased 2.2% in Q2
Output fell by 3.7%, which was the largest quarterly decline since a 2.5% decrease in the second quarter of 1989.

Honda Recalls 580,000 Vehicles
Defective fuel pump to blame

Health Benefit Costs Will Increase 5.7% in 2009
Employers shift cost, move employees into lower-cost plans

EU Eases Road for Hydrogen Cars
Goal is to set uniform requirements for hydrogen vehicles manufacturers in Europe

Retaining Employees During Difficult Times
Steps to manage a challenging economy

Boeing to Help Japan Build First Passenger Jet
The Mitsubishi Regional Jet test flight is set for 2011.

Bayer to Invest $4.9 Billion in Agribusiness
Company is planning to bring 10 new active ingredients in crop protection to market

Elcoteq Acquires Philips' Flat Panel TV Manufacturing Operation in Mexico
Philips is streamlining its global supply chain for Flat TV products

Boeing Workers Vote to Strike but Agree to More Talks
The union said it wanted the company to address job security, medical benefits, wages and pension plans.

Wal-Mart Confident China Goods-Sourcing Stable Despite Inflation
Says China will be able to compete on quality and not just pricing

Coca-Cola to Buy China Juice Maker for $2.4 Billion
The deal would be the largest takeover by a foreign firm of a Chinese company.

Hyundai May Start Production Early at First European Plant
The plant, located in the Czech Republic, will produce 200,000 cars annually.

Russia, Nigeria Reach Energy Cooperation Deal
A joint Russian-Nigerian company will develop projects

P&G Buys Hair Products Company
Nioxin CEO will remain as business leader.

Ford Sales Skid 26% in August
SUV sales plunged 53% and trucks dropped 39%

GM Sales in U.S. Fall 20.4% in August
But sales are up 31% from July

Clean-Energy Exports to China Not Affected by Controls
The clean technology market in China will increase to $186 billion in 2010 and to $555 billion in 2020.

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Information Technology

Aerospace Supplier Installs Advanced Computer Visualization System to Support Collaborative Design Program
Alliant Techsystems Inc. is using center for virtual engineering of manufacturing and production systems for defense technology.

Small and Midsize Businesses Less Focused on New Technology
Software-as-a-service (SaaS) has a somewhat higher level of current visibility, although interest is still at an early stage.

Global IT Spending to Surpass $3.4 Trillion in 2008
Gartner says much of growth is based on decline of U.S. dollar

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IW 50 News

MEMC Electronic Materials Inc.: Silicon Peaks & Valleys
Wafer manufacturer records 6% sales increase in spite of production setbacks.

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