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Letters: Greece’s economic problems and euro threats are exaggerated

Joseph Stiglitz’s article (A principled Europe would not leave Greece to bleed, 25 January) and your leader (Under a Byzantine shroud, 30 January) offer quite a sensible analysis of Greece’s recent economic troubles. Some other international press coverage vastly ­exaggerates the problem.The European Central Bank’s dogmatic hardline euro policy, at a time of severe recession, [...]

[ More ] February 1st, 2010 | No Comments | Posted in Business, Finance |

No immediate swingeing cuts under Tories, says David Cameron

A Conservative government would not slash public spending on taking power after election, leader saysA Tory government would not make immediate “swingeing cuts” to public spending on taking office David Cameron said today, after the party was forced to deny a policy rift between the leader and the shadow chancellor, George Osborne.Cameron said while [...]

[ More ] January 31st, 2010 | No Comments | Posted in Business, Finance |
 

Rivals take aim at Toyota customers amid recall

DETROIT/FRANKFURT (Reuters) – Toyota Motor Corp’s largest rivals are declaring open season on the automaker at a time when the industry leader is seen as most vulnerable in its largest market.

[ More ] January 30th, 2010 | No Comments | Posted in Business |

Court Preliminarily Approves Partial Settlement of ‘In re Atmel Corporation Derivative Litigation’

SAN JOSE, Calif., Jan. 29 /PRNewswire/ — Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller and touch solutions, today announced that the United States District Court for the Northern District of California has preliminarily approved …

[ More ] January 30th, 2010 | No Comments | Posted in Technology |
 

Cameron hints at only modest spending cuts at first

• Conservative leader: action swift but not extensive• Sources deny Cameron rowing back on pledge to tackle deficitDavid Cameron gave a clear sign today that Conservative spending cuts designed to prevent Britain facing a Greek-style debt crisis would begin with only modest savings in public spending this summer.Speaking in Davos, the Conservative leader said [...]

[ More ] January 30th, 2010 | No Comments | Posted in Business, Finance |

German biodiesel plants face closure on low sales

BERLIN (Reuters) – Germany’s biodiesel industry expects to operate at around 50 percent of capacity in 2010 as taxes are making the green fuel too expensive for motorists, a biofuels industry leader said on Friday.

[ More ] January 29th, 2010 | No Comments | Posted in Green |
 

Greycon Achieves Microsoft Gold Certified Partner Status

LONDON, Jan. 29 /PRNewswire/ — Greycon Ltd., a world leader in supply chain optimization for the paper, printing, film and nonwovens industries, today announced it has attained Gold Certified Partner status in the Microsoft Partner Program with a comp…

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

American Medical Systems and Tissue Genesis Sign $1.1 Million Collaboration Deal

HONOLULU, Jan. 28 /PRNewswire/ — Tissue Genesis, Inc., an emerging leader in advanced tissue engineering and cell therapy solutions, and American Medical Systems Holdings, Inc. (Nasdaq: AMMD) announced today they have signed an agreement for the resea…

[ More ] January 29th, 2010 | No Comments | Posted in Business |

Pelosi, Boehner Letter to CAO on Protecting House Web Sites From Being Hacked

WASHINGTON, Jan. 28 /PRNewswire-USNewswire/ — Speaker Nancy Pelosi and Republican Leader John Boehner sent the following letter this afternoon to Chief Administrative Officer Daniel Beard requesting “an immediate and comprehensive assessment of how ha…

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

EMC Awarded Major U.S. State and Local Government Purchasing Agreement by WSCA/NASPO

HOPKINTON, Mass., Jan. 28 /PRNewswire/ — EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, announced it has been awarded its first WSCA/NASPO Master Price Agreement, a key U.S. state and local government purchasing…

[ More ] January 28th, 2010 | No Comments | Posted in Technology |