Word: boostings
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What is the best way to boost the movie industry? James Xabregas BRISBANE, AUSTRALIA...
...stimulus package includes spending to strengthen social safety nets and boost domestic consumption, such as subsidies for rural consumers to buy selected electronic goods. In an echo of America's wildly popular cash-for-clunkers car program, a new initiative grants consumers in four provinces and five cities 10% discounts if they trade old electronic goods for new ones. The amounts allocated have been criticized as piddling, but their inclusion in the stimulus spending indicates that China's planners recognize the importance of domestic consumption as a driver of growth, given the steep fall in demand for Chinese exports because...
...That share will soon get a huge boost with this week's announcement of a search and advertising partnership between Microsoft and Yahoo!. If the deal goes through next year as planned, a combined Microsoft-Yahoo! platform will account for about 28% of online searches in the U.S., all of them run through Bing's underlying technology...
...closing a manufacturing plant in California, the first closure ever for the world's largest car maker. VW, meantime, is using the downturn to refocus its American efforts. It knows the U.S. market is key to any manufacturer with global ambitions and plans to boost sales there with what VW officials call their "Toyota killer" - a new mid-sized car specifically designed for the U.S. and meant to compete head-to-head with the popular Toyota Camry. The car will be produced in a new plant under construction in Tennessee. (See the 50 worst cars of all time...
India needs to find a way to boost its higher-education sector. A 2006 McKinsey study concluded that only 25% of India-trained engineers and 15% of finance and accounting professionals had the skill sets to work for multinational companies. The report highlighted the dismal quality of education in many private colleges, where the curriculum is not in sync with industry needs. And this unemployable workforce is growing: India has the world's largest pool of young people, with nearly 60% of its population under 25, according to the National Knowledge Commission, a government advisory body on higher education...