I still clearly remember that 2009 started in a bad way as the whole world was under the fear of the bad economic recession that started from the middle of 2008 or even earlier. 2010 is starting today in a happier note. It seems that the stimulus packages of different countries are helping to some [...]
Two economists have done a study on the aftermath of Tiger Woods scandal. Their study was mainly focused on the negative impact on the shares of the companies that Woods had sponsorship deals. He is a billionaire and he used to earn nearly $100 million every year from endorsement deals. Now, the shares of most [...]
5.2% unemployment rate should be normal for many countries but it is not a good sign for Japan. Japan has the second largest economy in the world and here, people have different attitude. They traditionally value job security. So, this job loss is very bad for the mentality of people. Well, before November, for few [...]
Ford and Geely have been able to reach an agreement on Volvo cars. Ford now owns it and is going to sell it to Geely of China. So, now, we will have to wait for signing of the deal that is most likely to place in any time in the first quarter of 2010. The [...]
In 2009, General Motors became bankrupt and thanks to generous support from US government, the company did not go out of existence. 2010 has to be the year of turning around for the company and it seems that GM bosses think that the solution should come from out of the auto industry. So, they looked [...]
This matter shows that the auto industry is still suffering from the impact of economic recession. GM planned to sell 3 bands by 2009 and SAAB is one of them. It is still not sure whether GM can really sell SAAB or not in the next few days. If it fails to do then many [...]
Child Obesity is becoming a ticking time bomb. There is a generation growing in which nearly 10% are either obese or on the verge of it. It is already causing a lot of problem for the US healthcare system. So, I guess that after 10-15 years, it will cost the healthcare industry billions of dollars. [...]
Google is the King of search engine industry and it is now perhaps acquiring Yelp. Yelp is famous for local business search and the website is very popular. This will consolidate Google’s position in the industry and make it even stronger. I wonder if we will find similar acquisitions from Microsoft. Yelp has become very [...]
Brian Moynihan is 50 years old and he works for Bank of America. So, it is a promotion for him. He was the chief of consumer banking and he is replacing Kenneth D. Lewis as CEO. He is taking the helm of the company at a time when the US economy is slowly coming out [...]
IATA is the body of Airlines Company in the world. International Air transport association just stated earlier today is that the industry will suffer nearly $5.6 billion of lost in 2009. This is a huge amount of money and it is perhaps a bad news for the whole industry. However, you can look the matter [...]
Laptop Computers South Asia Blog