News tagged with global slowdown

India's Infosys posts profit dip on slowdown

India's Infosys Technologies said Wednesday its consolidated net profit for the fiscal fourth-quarter rose 29 percent from a year earlier, but fell sequentially due to the global slowdown.

Technology / Business

created Apr 15, 2009 | popularity not rated yet | comments 0

China Mobile reports 2008 net profit up 30 percent

China Mobile, the world's largest mobile phone network operator, said Thursday its profits jumped by 30 percent last year, but warned China's telecoms market faced a tough 2009.

Technology / Business

created Mar 19, 2009 | popularity not rated yet | comments 0

Hitachi to replace president, split off businesses

Japanese hi-tech giant Hitachi Ltd. said Monday that it was replacing its president and splitting off its automotive systems and consumer electronics operations as it braces for a massive loss.

Technology / Business

created Mar 16, 2009 | popularity 5 / 5 (1) | comments 1


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