Correction: Good Jobs Unfilled storyOctober 5th, 2009 Correction: Good Jobs Unfilled storyIn an Oct. 4 story about good jobs going unfilled, The Associated Press reported erroneously the number of jobs the Labor Department says have been lost since the recession began in December 2007.
China-based Sichuan Tengzhong announces plans to acquire Hummer brand, preserve 3,000 jobsJune 2nd, 2009 Sichuan Tengzhong to buy GM's Hummer brandDETROIT — China's Sichuan Tengzhong Heavy Industrial Machinery says it plans to buy General Motors' Hummer brand for an undisclosed sum. Tengzhong is a privately held maker of road, construction and energy industry equipment based in the Chinese province of Sichuan.
Iran to build nuclear plants worldwide: OfficialApril 13th, 2009 QOM - Iran will be among the major builders of nuclear power plants worldwide within the next ten years, a senior official said. The Deputy Head of Iran Atomic Energy Organization (IAEO) Mohammad Saeedi was quoted by IRNA Monday as saying that Iran attained its nuclear technology despite mounting pressure from home and abroad and added that the natural period for achieving such technology worldwide was 20 to 22 years.
British Telephones to shed 10,000 more jobs: ReportApril 12th, 2009 LONDON - British telecom giant BT is planning to shed a further 10,000 posts from its workforce, according to newspaper reports Sunday. The job cuts come on top of around 10,000 jobs already culled, mainly among contract and temporary workers.
Markets open higher, Sensex crosses 10,000-markApril 2nd, 2009 MUMBAI - Indian equities markets opened in the green Thursday, with a key index trading about 3.44 percent higher its last closing figure to go past the psychologically important 10,000-mark. The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened at 10,107.25 points, higher than its 9,901.99 point close Wednesday.
Sensex breaches 10,000-mark, closes a bit lowerMarch 26th, 2009 MUMBAI - Indian equities markets closed in the green Thursday even as a key index breached the psychologically important 10,000-mark before falling to settle a tad lower. The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 9,739.93 points, ended at 9,936.96 - a rise of 269.06 points or 2.78 percent from its previous close.
GM, Chrysler ask for $21.6 bn more, plan to cut 50,000 jobsFebruary 17th, 2009 WASHINGTON - US auto giants General Motors and Chrysler LLC have told the government they could need an additional $21.6 billion in federal loans between them because of worsening demands for cars and trucks. Presenting their updated turnaround plans by the government set Tuesday deadline, the two firms also detailed plans to cut 50,000 jobs worldwide by the end of the year.
Victoria Beckham parades with $10,000 bagFebruary 11th, 2009 LONDON - Former Spice Girls singer Victoria Beckham was seen at Heathrow airport in her stilettos and sunglasses and with her Loewe 'Calle' bag that costs $10,000. Dailymail.co.uk reports that this was the second time Beckham was seen with the bag.
GM cutting 10,000 jobs; Nike another 1,400February 10th, 2009 WASHINGTON - Troubled automaker General Motors is cutting 10,000 workers or 14 percent of its salaried jobs worldwide, with a third of layoffs coming in the US. Nike Inc, the world's largest athletic shoe and clothing maker, is also planning to slash 1,400 jobs out of about 35,000 globally.
Boeing signs deal with Maharashtra Airport Development Co.January 30th, 2009 NAGPUR - Aircraft maker Boeing Saturday signed a land lease agreement with Maharashtra Airport Development Co. (MADC) for setting up a $100-million maintenance, repair and overhaul (MRO) facility.
Tens of millions to lose jobs in 2009: ILOJanuary 27th, 2009 BANGKOK/GENEVA - Global unemployment would increase by 18 million to 51 million people this year from 2007 figures, depending on the extent and length of the economic crisis, the International Labour Organisation (ILO) predicted Wednesday. 'We are now facing a global jobs crisis,' the UN organization's director general Juan Somavia said in Geneva.
Over 10,000 teachers observe 2-hour strike in PunjabJanuary 21st, 2009 CHANDIGARH - Over 10,000 teachers of various government and private colleges in Punjab and Chandigarh observed a strike for two hours Thursday to press for their pay hike demand. The teachers are demanding the Punjab government to implement the new by the University Grants Commission (UGC) pay scale approved by the government Dec 31 last year.
Dhunseri forays into IT, to create 7,000 jobsJanuary 18th, 2009 KOLKATA - The city-based Dhunseri group is making a Rs.130-crore (Rs.1.3-billion) foray into the IT infrastructure business, generating about 7,000 jobs, a top company company official said here Monday. 'For this twin tower project, we have tied up with the State Bank of India (SBI) for financing,' said Dhunseri chairman and managing director C.K.
Madonna's nude picture may sell for $10,000January 16th, 2009 NEW YORK - A nude picture of Madonna, taken when the queen of pop was a struggling dancer in New York in 1979, is expected to sell for at least $10,000, auction house Christie's said Friday. Madonna received $25 in payment for the modelling session, after answering a newspaper ad by photographer Lee Friedlander.
Markets open higher, Sensex crosses 10,000January 4th, 2009 MUMBAI - Indian equities markets opened higher Monday, with a key index moving past the psychologically important 10,000-mark after gaining 1.51 percent over its previous close. About 15 minutes into trading, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was at 10,108.56 points, a rise of 150.34 points or 1.51 percent from its previous close of 9,958.22 points.
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