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Layoffs mount as crisis drags on SINGAPORE (Reuters) - Credit Suisse and Nomura Holdings announced big job cuts on Thursday, further evidence the global financial crisis is unrelenting for an industry battered by heavy losses and weak markets. ReutersJob recovery could be slow and weak In the midst of a recession, huge job losses are expected to continue for at least several more months. But what really worries economists is that the job market could be slow to recover even when the economy begins to improve. CNN MoneyUPDATE 2-Citi names new Asia private equity banking headReuters Market Shakes Off MidDay Decline to Close Highermrswing.com wednesday updateMr. Swing Asia Ends Mixed; Nikkei Falls 1% Asian markets finished mixed. Export stocks dragged Tokyo 1% lower, but Shanghai rose 1.8% on strength in the banking sector. Wall Street JournalFreeport-McMoran: Cuts Production; Suspends Dividend Greg Feirman submits: We are responding aggressively to the current market conditions which have weakened dramatically in recent weeks. These revisions to our plans will allow us to reduce operating costs and capital spending, adjust our production profile to better match market requirements and preserve our valuable resources for anticipated improved market conditions. - James Moffett, chairman, and Richard Adkerson, CEO, Freeport McMoranComplete Story » Seeking AlphaIDC forecasts slower PC growth how bad will it beMr. Swing Even Google Gets Frugal in the RecessionTime Forex Market Update: Swiss Franc Crosses Pare Gains, Driven by Risk Aversion (Update) The Swiss franc firmed up in to the European session, with gains coming against the euro and sterling ahead of today's key rate decisions from the BoE... Daily FX1 2 3 4 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]