LG Electronics of South Korea has also decided to change its leadership after Nokia.
Existing Chief Executive of LG, Mr. Nam Yong offered his resignation from the top post accepting his responsibility for sharp down fall in company’s market share in mobile hand set business.
Many in tech world think that change in top level management at Nokia may bring some strategic adjustments for U.S. market to increase Nokia’s popularity in U.S.
Japan took steps to make its currency Yen weak against dollar to improve their export profits. Bank of Japan came in to action directly for first time in last six years buying dollars and selling yen in order to make yen weaker.
Rise of 26.1% was estimated by markets for imports of China compared to last year but instead higher 35.2% rise registered for the month of August surprising trade analysts.
Obama administration is again putting its all focus on economy of the country with mid-term elections falling nearby now.
India, second fastest growing economy in the world has continued its unprecedented growth story as results of second quarter indicate.
Warren Buffet, one of the greatest investors of all time is celebrating his 80th birthday and wealth-builders inspired from Buffett and large community of investors are sending their best wishes to their idol.
the estimated rate was 2.3% for second quarter of the year, economists had calculated economy to grow at 1.3% rate.
Stupendous rise in GDP of German economy in second quarter surprised the markets and now it’s turn for business sector of the country.
Energy sector MNC Cairn Energy has claimed that company’s drilling mission in Greenland has got success in finding gas there.