Thursday, 26 April 2012
U.S. Federal RESERVES (U.S.) yesterday said the economy will start to enjoy increased with a decrease in unemployment rate by the end of this year following the implementation of the current stimulus policies although there is still uncertainty in the short term.
By stating that 'it is too early to declare victory, chairman, Ben Bernanke said the positive outlook on the world's largest economy and at the same time realizing the increasing demand for stimulus spending.
After a two-day meeting, the U.S. central bank policy makers said they expect to keep interest rates near zero until the end of 2014. Bernanke, however, said any additional expenses for the current economic stimulus is something that is 'dangerous'. He felt that the U.S. economy this year was stronger than expected with a projected increase in employment opportunities. the central bank forecast that the unemployment rate will drop to between 7.8 to 8.0 percent by the end of this year. U.S. unemployment rate now is 8.2 percent, the lowest figure in three years, increasing positive expectations about the country's economic prospects. Federal Reserve expects economic growth could reach between 2.4 percent to 2.9 percent by the end of this year, higher than previous projections. Given this
Saturday, 21 April 2012
MICROSOFT record quarterly net profit reached U.S. $ 5.11 billion , driven by product launches wave of large-scale promising prospects for the company.
"We are developing exciting launch in the company and posted strong financial results.
"With the new launch of Windows 8 for PCs and tablet, the new Office version and a variety of products and services for enterprises and consumers, we will generate exceptional value to all our customers in the coming year," said chief executive Steve Ballmer. share price software giant jumped more than three per cent to U.S. $ 31.98 per share after the announcement of results that beat forecasts on Wall Street and recorded the highest revenue in the third quarter amounted to U.S. $ 17.41 billion. Profit Microsoft for the three months ended March 31 was slightly lower compared to U.S. $ 5.23 billion recorded in the period a year ago. program tailored for business sales and interest in hosted software as a service on the Internet "cloud" boost revenue even though the overall weakness in the consumer market and the demand for video game consoles, Xbox 360. Contribution from the device and the entertainment is reduced because of accessory voice control as well as the Xbox and Kinect, which fell 16 percent to U.S. $ 1.6 billion. Microsoft sees revenue EDD will grow in the current quarter. "We think the position and market strategy we are very good," said Chief Financial Officer, Peter Klein at a press
Tuesday, 3 April 2012
AVIATION Malaysia Airlines (MAS) to cancel plans to set up a subsidiary company of regional short-haul premium flights and instead will offer the service through a new department. Chief Operating Officer Short Range MAS / Firefly, Ignatius Ong, said the decision was made following the re-done some adjustments to the business module MAS for the initiative of regional airlines.
The strategy and operational objectives for the premium short-haul services remained unchanged, but there will be no new airline. "Operation (for services) will be placed under the MAS," he told reporters after the fifth anniversary of Firefly at Subang, Selangor yesterday. Ong, however, can not reveal detailed information on the matter because he said it would be announced by top management of MAS soon. establishment of premium short-haul airline announced new CEO of MAS management, Ahmad Jauhari Yahya, when presenting the company's business recovery plan The national carrier late last year. Service will use the full range of new aircraft Boeing 737-800 is targeted to meet the needs of luxury travelers. on an expansion plan of operation for