Citigroup Inc. said Friday it aims to shed about $500 billion inassets and grow revenue by 9 percent over the next few years, as ittries to rebound from massive losses tied to deterioration in themortgage and credit markets.The plans are
nbsp; I'd like to apologize for recent problems we've been having here at Free Internet Press. Recently many of you have noticed that the web site disappeared; reappeared; the newsletter disappeared; and the news aggregator stalled. It's a fairly long
A former substitute teacher inLand O' Lakes, Fla., claims he was fired by the school district becausehe was "accused of wizardry."Jim Piculas said Pat Sinclair, whois in charge of substitute teachers for the Pasco County SchoolDistrict, called him to say
The United States launched its first relief airlift to Myanmartoday, after prolonged negotiations with the isolated country'smilitary rulers, who have been accused of restricting internationalefforts to help as many as 1.5 million cyclone survivors at risk ofdisease and starvation.The flight
Emergency crews searched through wreckage on Sunday from violentstorms that left a path of destruction from the Midwest to the Southand killed more than 20 people in Missouri, Oklahoma and Georgia.In Missouri, tornadoes tore through small towns in the southwesternsection
One week ago, Tropical Cyclone Nargis struck Burma, tracing an unprecedented path of devastationacross this poor nation of 55 million, called Myanmar by its militarydictatorship. On May 6, Jeff Poor wrote for the Business & MediaInstitute (BMI) a story entitled,
Uprooted trees, destroyed houses, disease. Burma is in chaos more than a week after Cyclone Nargis, and the real disaster is happening now. Drugs and aid aren't reaching the people who desperately need it. But the Burmese are helping each
Despite predictions to the contrary, the pro-European party of President Boris Tadic won the parliamentary election in Serbia, according to preliminary estimates. However, Tadic still lacks a clear majority to form a government. His opponent, Tomislav Nikolic, wants nationalist parties
Tenzin Gyatso, the 14th Dalai Lama, leader of the Tibetan people, discusses the uprising in his native Tibet, why he doesn't support protests against the Olympic torch relay and his proposals for a compromise with Beijing.
They're not alone. Around the world, there is reason for concern, as many issues affecting human welfare and quality of life grow more pressing, and the solutions require the expertise of designers and engineers. For example: U.S. infrastructure earned an
Bharti Airtel, India's largest cellular operator, is planning to raise its offer to about $22.63 per share to acquire control of South African mobile player MTN, according to a media report. Quoting a person familiar with the 'deal,' the Wall
For those who believe only grey cells set apart leaders from the rest, there is another hair raising observation among corporate America that most of the successful CEOs including Pepsico's Indra Nooyi part their hair to the left, says US
The country's second largest two-wheeler maker Bajaj Auto Ltd (BAL) on Monday joined hands with Renault-Nissan to launch a small car in India by 2011 that will compete with Tata Motors' Nano on price point - Rs 1 lakh.
Software solutions provider Adobe India might overshoot its investment target of around Rs 800 crore (Rs 8 billion), which was announced in 2006 for a period of five years. In India, the company is aiming for a growth rate of
Inflation is expected to come down to the acceptable level of 5 to 5.5 per cent after four months due to good monsoons and the measures taken by the government and Reserve Bank, Prime Minister's Economic Advisory Council chairman C
It isn't just enough to be ahead of competition, but to be far ahead, according to the Shopper's Stop annual brand track and customer satisfaction index.
Conservative industry estimates place the cash component of mutual fund houses at Rs 25,000 crore (Rs 250 billion). Fund houses had up to 15 per cent in cash, as per the April 30 figures. The cash component exceeded 15 per
The govt was supposed to issue the CAS expansion notification by April 30. The expansion of the conditional access system beyond southern parts of Delhi, Mumbai and Kolkata, and subsequently to 55 more cities, may be further delayed with the
Despite the lack of policy and clear allotment of spectrum, the domestic telecom industry is all set to usher in 3G services with service and equipment providers readying infrastructure.
Indian expatriates in the United Arab Emirates have demanded a compensation package from the Indian government as the appreciation of the Indian rupee had impacted their remittances back home. The demand follows a study conducted recently by the Centre for
