Business

The unemployment rate in the Europe has reached a record high percentage of 10.9. In times like this we really have to wonder, what are our ‘leaders’ doing? Why did they let this happen? From the looks of it, all efforts to recover the economy seems futile. While the world at large seems to be doing good, Eurozone has continued ... Read More »

The Dow closed at its highest level in more than four years on Tuesday after U.S. manufacturing expanded at a faster pace than expected in April, easing jitters about a slowdown in the economic recovery. The Dow now sits at levels not seen since December 2007. The gains leave the benchmark S&P 500 within about 16 points of a high ... Read More »

Being an experienced mechanical engineer in Oil and Gas industries for over 23 years, I intend  to offer my experience as a consultant in the Oil & Gas and Petrochemical Process Industries. Our Areas of  expertise include Mechanical maintenance, Condition Monitoring, Shut down Spares Planning and Reliability Improvement of Rotary and Static Equipment. Consultancy Services offered in: Types of maintenance ... Read More »

Microsoft has been quite shy in the tablet PC market. Though all the heavy-weights in the IT sector are in a brawl to prove supremacy in tablet PC OS or at least in the device. Microsoft was a silent spectator, not any more.   Microsoft has decided to invest $300 Million in Barnes & Noble’s Nook digital-book and tablet PCs. ... Read More »

Lehman Brother forever will be remembered as the first company to fall and put the economy in free fall in the 2008 recession. New documents reveal that less than a year prior to the recession, Lehman Brothers was paying it’s elite quite handsomely. Almost $700 Million to just 50 employees! This news sure shocked everyone, even Wall St. veterans who ... Read More »

Boeing unveiled it first 787 Dreamliner made it it’s brand new factory in South Carolina. This aircraft was built for Air India. Boeing initially faced some glitches in this manufacturing plant that threatened it’s 787 production target rate. The lightweight, sleek airplane rolled off the Charleston assembly line into a sunny day, greeted by music, fireworks and the cheers of ... Read More »

Huawei Technologies Co Ltd HWT.UL, the world’s No.6 mobile phone maker, said on Wednesday that it expects to ship more than 100 million mobile phones this year including 60 million smartphones as it aims to increase its global market share. “We plan to target China, the United States, western Europe and Japan as key markets,” said Shao Yang, chief marketing ... Read More »