Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.
Tags: Business
Economy Growth: UN Report Reveals India Would be The Fastest-Growing Economy in 2016
The report estimated India's economic growth to be at 7.3 percent in 2016, and the growth would increase even more in 2017. India is already one of the world's fastest-growing economy last year, benefiting from the sharp decline of oil, metals, and food price.
Carl’s Jr. and Hardee’s Join Other Fast Food Chains to Offer $4 Meal in "Price War"
The “Real Deal” value offer is launched as a response to the so-called price war joined by other fast food restaurants, including McDonald’s, Wendy’s, Burger King, and others. Carl’s Jr. and Hardee’s Real Deal differs in menu set items as the parent company aims to give a real value option to customers.
Survey: U.S Companies Reported Tough Times Doing Business in China, With Growing Concerns Over Regulations and Economy Growth, Among Other Factors
The survey revealed that one of the top concerns defining most U.S companies' tough times doing business in China is uncertain regulations that they perceived as unwelcoming to foreign companies. The slowing of China's economic growth also remains a concern, along with rising labor costs, censorship, and air pollution. However, China is still most foreign countries' investment priority among other markets.
Company Restructuring: Pearson Revealed £320m Restructuring Plan Which Involves 4,000 Jobs Cut
The publishing company has experienced tough times in the market where profits declined and shares dropped. The plan is expected to deliver more earnings growth in the long run with the simplification and reducing of costs. The company's chief also attributed their difficult times to challenging markets and unpredictable changes.
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Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.
Tata Power buys a wind farm while DLF Ltd divests one in differing transactions in Indian wind power generation business.
The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management. The largest US life insurer owned by policyholders, New York Life Insurance Co had entered into an agreement to acquire a Dexia SA unit worth EUR380 million or USD512 million.
Saudi Arabia's taxi business is in chaos with the conflicting regulations, leading to the pull out of investors.
Tom Bolland, current COO of Lehman is helping wind down the bank's business. Tom Bolland, current chief operating officer of Lehman Brothers International Europe, is under the employ of Tony Lomas, joint administrator and PriceWaterhouseCoopers Partner, is providing assistance as the bank winds down its business and maximizes its recoverable assets.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
The Apple iPhone 5C and 5S with its new technology stands to create more business for eBay, Discovery and Intuit.
The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
The rule increasing the processing time from five to fifteen days was met with waves of complaints as it hinders business operations.
