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Saturday, March 20, 2010
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Siemens to slash 4,200 jobs
Munich  
 
  Siemens, Europe's biggest engineering conglomerate, has unveiled plans to slash 4,200 jobs at its information technology unit, helping to set it up for a possible spinoff.  
   

  China tries to cool yuan row with US
Beijing : 
  China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from US legislators could stifle room for progress.     
   
  Dubai EFS jumps to highest since Opec cut
Singapore : 
  Exchange of Futures for Swaps (EFS) for May jumped to $2.50 a barrel on Thursday, the highest level since December 2008 when Opec producers began record supply curbs, traders said.     
   

 
Today's Poll
Which one of the following countries do you think is the leading economic power in the world today?
U.S.A
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European Union

 

 
 

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