Rackspace is a Hosting Copany that has wide reach and influence in the tech community. The Rackspace outage has reportedly impacted most of the popular tech sites like Mashable and TechCrunch and Scobleizer, the blog of tech blogger Robert Scoble. Scoble is now an employee of Rackspace and very active on Twitter, these are his tweets...
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Travel Channel From Cox Communications :Scripps Networks is close to an agreement to acquire a majority stake in the Travel Channel from Cox Communications , the nation’s third-largest cable company, the New York Times’ DealBook blog reported on Wednesday. A deal could be announced as soon as Thursday and values Travel Channel at...
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Asian stocks recovered Wednesday after two days of losses as the World Bank upped its growth forecasts for China’s economy and stronger commodities prices lifted the region’s powerhouse resource companies. Every major market traded in the green, with Hong Kong, South Korean and Indian shares leading the way with gains of about 2...
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Asian stocks recovered Wednesday after two days of losses as the World Bank upped its growth forecasts for China’s economy and stronger commodities prices lifted the region’s powerhouse resource companies.
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KARACHI: Business leaders have criticised 0.5 per cent increase in export refinance rates by the State Bank from Nov 1, and said that it would hit the industrial sector. The industry believes that it had been done to meet IMF’s conditions, but it would have a negative impact on economy as a whole....
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Black Friday Deals 2009,Black Friday Deals: Last week, several 2009 Black Friday Ad Deals posted online were reported fake by Reuters. The result caused consumers into confusion and retailers’ legal departments into a hunt for the cause.
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KUALA LUMPUR: Foreign Minister Shah Mehmood Qureshi on Monday proposed for the removal of all non-tariff barriers to facilitate intra-D-8 trade to meet the challenges posed by global economic slowdown as well as to stimulate economic recovery in member countries. He was speaking at the 12th opening session of the D-8 Council of...
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For Economic Growth Obama Highlights Fresh Signs : WASHINGTON – President Barack Obama said Saturday that reports the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show “we are moving in the right direction.” But he tempered his upbeat message with a...
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Federal Regulators Close 9 Banks :Regulators shut California National Bank of Los Angeles and eight other banks as the weak economy continues to produce a stream of loan defaults. The banks closed by the Federal Deposit Insurance Corporation were in California, Illinois, Texas and Arizona. They were divisions of privately held FBOP Corp.,...
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ISLAMABAD: The Supreme Court was informed on Friday that the government and mill owners have agreed to sell sugar to domestic consumers at Rs40 per kg. A signed agreement of the two parties was presented to the Supreme Court during the hearing of the case.
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