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Europe Mulls Stimulus Package |
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Friday, 28 November 2008 |
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11/28/08 As Europe faces slow economic growth a new proposal aims to get the economy on its feet. |
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Pre Market: Black Friday |
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Friday, 28 November 2008 |
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11/28/08 It's the busiest shopping day of the year, but in hard economic times, will consumers spend? |
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ArcelorMittal steel to cut 9,000 jobs |
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Thursday, 27 November 2008 |
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The world's largest steel producers will cut around three percent of its workforce due to a slowdown in demand. * Euro zone sentiment hits 15-year low * Woolworths falls into administration |
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The human face of robotics |
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Thursday, 27 November 2008 |
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We say so much without words and if a new research project in southwestern England is successful, so will tomorrow's robots. In a scene worthy of a Philip K. Dick novel, "Jules" the robotic head is being taught to act more like a human as part of a research project at the Bristol Robotics Laboratory. Reuters Technology Correspondent Matt Cowan reports. |
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Moscow's construction crunch |
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Thursday, 27 November 2008 |
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The global financial crisis hits Russian construction market, resulting in the freezing of major building projects, a near collapse of the mortgage system and job losses. Russian companies have to repay or refinance 120 billion dollars (USD) before the end of 2009, and the government has already pledged to help refinance (USD) billion dollars (USD) from its foreign exchange reserves amid the capital markets freeze. |
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