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Advertising & Media News



Tension grows between Porsche and VW ahead of takeover
Sun, 07 Sep 2008 06:06 AM


Time is running out and tension is growing: the takeover of Volkswagen by Porsche has sparked union anger and possibly raised tempers within both companies.




Tension grows between Porsche and VW ahead of takeover

Sun, 07 Sep 2008 06:06 AM

Time is running out and tension is growing: the takeover of Volkswagen by Porsche has sparked union anger and possibly raised tempers within both companies.




Boeing machinists strike after talks collapse

Sat, 06 Sep 2008 10:36 PM

Boeing machinists took to the picket line on Saturday as they launched a strike that has halted production and could cost the US aerospace giant more than 100 million dollars per day.




Tadawul dives after bleak week for global stocks

Sat, 06 Sep 2008 10:21 PM

The main index on the Saudi stock exchange plummeted 5.41 per cent yesterday amid a sell-off fro...




Workers strike and clip Boeing?s wings

Sat, 06 Sep 2008 10:21 PM

Nearly 27,000 members of planemaker Boeing’s largest labour union went on strike yesterday...




Swedish fund pressuring Daimler to hive off trucks: report

Sat, 06 Sep 2008 06:51 PM

German car maker Daimler will not countenance any move to hive off its truck and van division, a spokesman said Saturday in response to reports that it is under pressure from a Swedish investment fund.




'Fruitful' talks but no deal to save India's cheap-car plant

Sat, 06 Sep 2008 05:36 PM

Talks to end violent protests over a factory in eastern India to manufacture the world's cheapest car ended Saturday with no breakthrough.




Grooverider pardoned for Ramadan

Sat, 06 Sep 2008 02:08 PM

UK DJ Raymond Bingham, popularly known as ‘Grooverider’ has been released from his Dubai prison cell after being pardoned to mark the holy month of Ramadan, British media have reported. Bingham, who was sentenced to four years jail in February for possessing cannabis, has flown back to Britain, UK daily The Guardian re...




US government to take over mortgage giants: reports

Sat, 06 Sep 2008 06:21 AM

The US government is planning to put under strict federal control troubled mortgage giants Fannie Mae and Freddie Mac, fire their top executives and use federal funds to bail them out, US media reported on their websites.




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