Anglo American to slash 9,000 jobs

Anglo American (NASDAQ:AAUK), the mining giant will cut a further 9,000 jobs throughout it’s worldwide operations Share

Tourism Predictions 2009

Stormy weather ahead for the Travel and Tourism industry? What everyone in the tourism industry is asking themselves right about now is: How will tourism in 2009 be affected by the global economic crisis? Share

Worst crisis in 100 years says UK politician

The UK Children’s and Schools secretary Ed Balls, has warned that the world is facing its worst recession in over a century, Share

Home Depot to slash 7,000 jobs

Home Depot, one of the largest retailers in home improvement products, announced Monday that it is shutting down Share

Crisis may claim 50 million jobs in 2009

According to the International Labour Organization, in its annual Global Employment Trends report (GET) global unemployment in 2009 could increase over 2007 by a range of 18 million to 30 million workers, and more than 50 million if the situation continues...

South Africa’s economy switching to reverse gear

As the global economic crisis spreads around the world, South Africa is feeling the effects. Share

Korea’s GDP drops 5.6 per cent

Reports by the Bank of Korea on Thursday, revealed Korea’s Gross Domestic Product fell 5.6 per cent in the fourth quarter compared to previous three months. Share

UK recession: it’s official

Analysts annouced Friday that Britain has officially slipped into recession. Latest figures Share

Harley-Davidson slashing 1,100 jobs

The motorcycle maker Harley-Davidson, Inc. said in a statement Friday that it will cut 1,100 jobs Share

Economic crisis: All eyes on Davos

As the World Economic Forum (WEF) prepares to gather at its annual meeting next week, on Wednesday 29th January all eyes are set on Davos, Share