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Philips Electronics Expected...
After recording a massive 85pc drop in net profit, going from €524 million to only €76 million, Philip Electronics has opted to cut at least 4500 jobs to save about €800 million in order to offs...
The ‘Occupy’ mov...
What started across the Atlantic in the ‘Occupy Wall Street’ protests has quickly spread to other major cities around the globe showing a growing discontent for the way in which government and big...
IMF and US Treasury Official...
According to US Treasury Secretary, Tim Geithner, European leaders “have more work to do” in regards to devising a plausible “grand plan” that can effectively deal with the eurozon...
IMF Proposal for Increased B...
Plans proposed by the International Monetary Fund (IMF) and European government leaders for a larger bailout fund are expected to be backed by G20 finance ministers, during a summit in Paris this Satu...