World News & Press Release Service
Saab Sale Cannot Be Concluded
Brand to be Wound Down
Detroit. General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its interest in acquiring Saab. During the due diligence, certain issues arose [...]
New trends emerging in supply chains, corporate finance and workforce dynamics
The recession has raised concerns about commercial models, supply chains and finance that will reshape business behaviour well into the next decade, the CBI said today.
Launching its report “The Shape of Business – The Next 10 Years”, the UK’s leading business organisation said that the [...]
Monsoon season floods in Asia can cause widespread devastation of rice crops. Some strains of rice have adapted to this environmental stress by developing the ability to undergo rapid stem elongation. Normally this type of rice grows to about a metre high, but when flooding occurs, the stem undergoes rapid and dramatic internode elongation and [...]
EUOBSERVER / BRUSSELS – Almost half of Europeans use the internet every day but one third – mainly the elderly, the unemployed or people in rural areas – have never used the web, according to a new European Commission report.
LUCIA KUBOSOVA
The study, published on Tuesday (4 August), showed that new technologies are spreading fast across [...]
Jobs in the European Union continued to disappear in June, with unemployment reaching a four-year high and putting extra pressure of the bloc’s coffers to help laid-off workers back into employment.
RENATA GOLDIROVA
According to fresh data released by the EU’s statistics office, Eurostat, on Friday (31 July), some 21.5 million people – or 8.9 percent – [...]
New organizational structure to lead through downturn
TOKYO – Nissan Motor Co., Ltd. (NML), today announced recovery actions designed to enhance the company’s performance during the current global economic and financial crisis. The company also revealed a new organizational structure to guide Nissan through current challenges and support its future direction.
New recovery actions
Despite actions already taken [...]
New car registrations fell 30.9% in January to 112,087 units
Diesel market share rose 0.7 percentage points to 45.6% – second highest rate ever
Market expected to decline by a fifth in 2009 to 1.72 million units
Industry continues to call on government to help stimulate demand
“There is a clear need to stimulate demand [...]
Damage caused by aerial bombardment to Gaza
3 January 2009 – Secretary-General Ban Ki-moon has voiced his deep concern over Israel’s launch of a ground operation into Gaza today, with the Security Council calling an emergency meeting to discuss the situation.
Mr. Ban expressed his extreme disappointment to Israeli Prime Minister Ehud Olmert.
“He is convinced and alarmed [...]