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- 9:14am Nissan to slash 1200 jobs in Britain
JAPANESE car giant Nissan said it would cut 1200 jobs in Britain due to a sales slump caused by the global economic slowdown, in the latest economic blow for the country. The jobs will go at the firm's plant in Sunderland, northeast England, which has
- Nissan to cut British work force by 1,200
Japanese automaker Nissan said Thursday it will slash its British work force by 1,200 as it lowers production in anticipation of a grim economic year. Nissan Motor Manufacturing Ltd, the companys British unit, said it will cut shifts from both of its
- Obama to name 'soft power' Nye for Japan role: report
TOKYO (AFP) - - US president-elect Barack Obama plans to name influential academic Joseph Nye, best known for coining the phrase 'soft power,' as ambassador to Japan, a newspaper said Thursday. The Asahi Shimbun, quoting unnamed sources in Washington,
- Japan's TDK to cut 8,000 jobs, BoJ fights credit crunch
hrs TOKYO: Japan's TDK Corp. said on Thursday that it was cutting 8,000 jobs and closing four plants overseas as the worsening economic crisis prompted fresh emergency action by the central bank. The electronic component maker warned it expects a net
- Asian stocks tumble as attention returns to real economy
hrs HONG KONG - Asian stocks fell Thursday with markets suffering a correction after dealers turned their attention back to the state of the global economy. Tokyo ended seven days of rises to tumble almost four per cent, while Hong Kong was hit by a
- Nissan to cut 1,200 jobs in Britain
hrs LONDON: Japanese car giant Nissan is to cut 1,200 jobs in Britain due to a sales slump caused by the global economic slowdown, it said on Thursday. The jobs will go at the firm's plant in Sunderland, northeast England, which has around 5,000 workers
- Russian gas cut affects animals in Sofia zoo
Bulgaria's main zoo installed oil heaters for elephants, rhinos and hippos Thursday, as the Russian gas cut hit its central heating system, director Ivan Ivanov told AFP. Monkeys, hyenas, antelopes, parrots and reptiles, used to much warmer climates
- Japan-s- boost for Brazil
Brazil's state-owned oil firm has been given a multi-million dollar loan from three Japanese banks... Petrobras has taken out loans to the value of some £552 million to invest in its Henrique Lage Refinery in Sao Jose dos Campos, Sao Paulo. The firm
- Nissan carmaker announces drastic job cuts at British plant
London - Japanese carmaker Nissan Thursday announced major job cuts at a plant in north-east England which accounts for the bulk of British car exports. Nissan said 1,200 jobs would go at its plant in Sunderland, near Newcastle, which employs around
- Nissan Announces New GT-R SpecV Model
Nissan Motor Co., Ltd. today announced a new limited-production Nissan GT-R SpecV model, which goes on sale at seven specially selected Nissan dealers throughout Japan on February 2, 2009. The GT-R SpecV is targeted specifically at enthusiast drivers who
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While retaining its time-honored culture, Japan rapidly absorbed Western technology during the late 19th and early 20th centuries. After its devastating defeat in World War II, Japan recovered to become the second most powerful economy in the world and a staunch ally of the US. While the emperor retains his throne as a symbol of national unity, actual power rests in networks of powerful politicians, bureaucrats, and business executives. The economy experienced a major slowdown in the 1990s following three decades of unprecedented growth.
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