Internet advertising in US declined 5 percent in 2Q as recession crimped marketing budgetsOctober 5th, 2009 US online ads fell 5 pct to $5.43 billion in 2QNEW YORK — Newly released statistics show that Internet advertising in the U.S. fell 5 percent in the second quarter as the recession continued to crimp marketing budgets.
Hallmark says it will cut 225-250 jobs nationwide by the end of the yearOctober 2nd, 2009 Hallmark to cut 225-250 jobsKANSAS CITY, Mo. — Hallmark Cards Inc.
Indian infotech firm to launch consumer-friendly venture in MalaysiaOctober 1st, 2009 KUALA LUMPUR - RMP Infotec Pvt Ltd, an Indian firm specialising in multi-level marketing (MLM), plans to expand its operations to Malaysia and use it as a gateway to other Southeast Asian countries. The company, which adopts binary network marketing commonly used around the world that gives large discounts benefitting consumers, would make an initial investment of RM 10 million ($2.8 million) mainly for basic infrastructure and training for its members here.
United Tech's Pratt & Whitney unit to eliminate 1,000 aerospace jobs in Connecticut by 2011September 21st, 2009 Pratt & Whitney to ax 1,000 Conn. jobsEAST HARTFORD, Conn.
AOL cuts two executive jobs, including COO, to streamline before spinoff from Time WarnerSeptember 16th, 2009 AOL cuts two jobs, including just promoted COONEW YORK — AOL LLC has eliminated the jobs of two executives, including one who was just promoted to the role by the company's new chief executive. According to a memo to AOL employees, the moves were intended to help streamline the company's structure.
Fort Worth, Texas-based American Airlines expands in-flight Internet access for passengersAugust 20th, 2009 American expands in-flight Internet accessFORT WORTH, Texas — American Airlines has expanded its in-flight internet service to more aircraft. The airline has now made the Wi-Fi service available on 100 MD-80 aircraft, which is two-thirds of the 150 Gogo installations scheduled to be completed by the end of 2009, according to a company news release Thursday.
Hathway Internet unplugs services in ChennaiJuly 31st, 2009 CHENNAI - The city's first broadband Internet service provider Hathway Cable and Datacom Ltd Friday unplugged its services here and started refunding its subscribers their dues, officials said. We are forced to close down our business.
Hathway unplugs Internet services in ChennaiJuly 31st, 2009 CHENNAI - The city's first broadband Internet service provider Hathway Cable and Datacom Ltd has unplugged its services here and started refunding its subscribers their dues, officials said. "We are forced to close down our business.
ITC plans greenfield paper plant, major hotel expansionJuly 24th, 2009 KOLKATA - Tobacco-to-hotels major ITC Ltd is planning to set up a $1-billion greenfield paper plant and expand its hotel business, a top company official said here Friday. "We are looking at an investment of Rs.4,000-5,000 crore for paper plant.
MyAlbum.com launches its Indian versionJuly 22nd, 2009 MUMBAI - The international photo sharing site MyAlbum.com has launched MyAlbum.in, a new website that makes free and private sharing of digital photos with friends and family more accessible to people in India. "MyAlbum.com has proven its strength over the years.
Boeing cuts 1,000 jobs in defence branchJuly 15th, 2009 WASHINGTON/CHICAGO - Boeing's Integrated Defence Systems said Wednesday it is cutting 1,000 jobs to accommodate the drop in demand in the federal defence budget. The lost jobs represent about 1.5 percent of the 70,000 employees in the defence branch.
Boeing internal memo shows company will cut about 1,000 defense jobs because of Pentagon cutsJuly 15th, 2009 Boeing memo shows plans to cut 1,000 defense jobsSEATTLE — The head of Boeing Co.'s Integrated Defense Systems has told employees that the defense division will have to cut about 1,000 jobs because of Pentagon budget reductions. In an internal memo Monday, Boeing's Jim Albaugh says the job reductions are needed to keep the company competitive.
Deere says it's prepared to expand farm, forestry and construction operations in RussiaJuly 6th, 2009 Deere says it's prepared to expand in RussiaMOLINE, Ill. — Deere & Co.
Candid Marketing to acquire British partner's stakeMarch 26th, 2009 MUMBAI - Leading brand promotion agency Candid Marketing Thursday said it would buy out the controlling 66 percent that International Marketing and Sales Group (IMSG) holds in that company. The Britain-based IMSG picked up the 66 percent stake in Candid Marketing for $5.5 million in 2006 to expand its footprint in India.
Anil Ambani group forays into movie marketingFebruary 5th, 2009 MUMBAI - After successfully dabbling in movie production and distribution, the Reliance-Anil Dhirubhai Ambani Group (R-ADAG) has now forayed into the movie marketing arena through their new division BIG Boom. BIG Boom is a comprehensive movie and entertainment marketing division of Reliance BIG Entertainment Ltd.
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