News BriefViaWall Street Journal LONDON — The recession in the U.K. manufacturing sector deepened in October, with output dropping a larger-than-expected 1.4% on a monthly basis, the Office for National Statistics said Tuesday. October’s decline is the eighth successive monthly drop and marks the longest consecutive contraction in manufacturing output since 1980. The monthly decline was the largest since March 2005. On a year-to-year basis, manufacturing output dropped 4.9%, a … Continue reading →
News Brief ViaWall Street Journal Vodafone Group PLC plans to announce a partnership Monday with Western Union Co. to allow international money transfers via mobile phones, as the wireless carrier seeks to tap into the increasing flow of cross-border remittances. The companies are initially launching a pilot program that will allow residents of Reading in the United Kingdom to send money to family members and friends in Kenya, where Vodafone … Continue reading →
APS Editor’s Note: Common wisdom is that office politics can lead to low productivity. Perhaps that is not always the case … ViaNY Times Career Couch The Win-Win Way to Play Office Politics By PHYLLIS KORKKI Q. You’ve been told that to succeed at work, you have to play office politics. You don’t care to play games; you just want to get your work done. What should you do? A. … Continue reading →
ViaThe Wall Street Journal The U.S. economy is in the midst of the worst part of the recession, but growth may return by the second half of next year, according to economists in the latest Wall Street Journal forecasting survey. Nearly two-thirds of respondents say the Treasury Department’s Troubled Asset Relief Program, which has taken stakes in major financial institutions, is helping markets. On average, respondents expect the unemployment rate … Continue reading →
By Marcia Heroux Pounds The Sun Sentinel Iris Harris has two jobs. First, she was recently promoted from an executive assistant to an office manager for the Daszkal Bolton accounting firm when it opened a new office in Sunrise, Florida. Then, she was asked to assume the additional duties of an executive assistant. “I was thinking, ‘Wasn’t I promoted from that?’ ” she says. But Ms. Harris saw the company’s … Continue reading →
ViaForbesYou Gotta Have A Plan By Ed Sperling With a recession looming, uncertainty in the credit markets and wild gyrations on the stock market, most companies are battening down the hatches to weather the storm. That means it won’t be long before the chief information officer gets a knock on the door–or more likely an e-mail–to come talk to the chief financial officer and CEO about what he or she … Continue reading →
ViaGulf Daily News 2030 vision for a brave new Bahrain A BRAVE new Bahrain is being mapped out under revolutionary economic and social reforms unveiled yesterday. Massively improved standards of living, radically reformed government, widespread privatisation, better education and health services and an enhanced quality of life are pledged in the blueprint Economic Vision 2030. The roughly 4,500-word mission statement to transform the nation, drawn up by the Economic Development … Continue reading →
ViaNY Times By STEVEN GREENHOUSE IN recent years, many retirement experts have been giving the same unwelcome advice: American workers who are not as rich as Warren E. Buffett should retire three or so years later than they had planned — to ensure that they have a large enough nest egg. But now, in these extraordinarily turbulent times, with the stock market declining sharply and millions of 401(k) plans plunging … Continue reading →
ViaThe Economic Times India Inc may see more job cuts as efficiency levels dropBy Ranjit Shinde and Jessica Mehroin Irani, ET Bureau MUMBAI: Though the last week’s retrenchment saga at Jet Airways saw a happy ending, the ghost of job losses still haunts India Inc. An ETIG study of the workforce efficiency of Indian companies indicates that corporate India is witnessing reduction in per employee revenue and net profit. This … Continue reading →
ViaABC Rural, Australia Breeding Low-Emission Sheep New research is under way to breed sheep with low methane emissions. The Sheep Co-operative Research Centre at Armidale will try to find out if improving meat and wool production efficiency is enough to reduce emissions. Complete Article
