Word: downturns
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...announcement that the Times of India group will buy Britain's Virgin Radio. The tremendous growth in some parts of the Indian economy over the past few years has created a group of companies that can suddenly buy assets globally. "Internationally they are very competitive and thanks to the downturn in places like the U.S. there are assets that are now available at much lower valuations," says PWC's Jha. "The next step is inevitably overseas." With Reporting by Jyoti Thottam/New Delhi
...Wright-Swadel said many seniors were unhurt by the economic downturn, much of which occurred after the fall recruiting season. But, he said, the office is concerned that the students who don’t have a job lined up will be discouraged from looking...
GOVERNORS: States picking chief executives include Washington, Missouri and North Carolina. With the economy in a downturn and voters hungry for change, it could be a tough year for incumbents looking to hold on to their jobs...
...steadily declined as the dotcom boom threatened to obliterate neckwear entirely and business casual took hold in the workplace. Just last week the Men's Dress Furnishings Association, which represents American tiemakers, announced it will close its doors. Still, some analysts see an upside in the current economic downturn: laid-off workers looking to stand out in job interviews could spark a tie-wearing boom...
...This threat comes almost as an ambush. The region's economies had previously shown resilience in the face of a global credit crunch and troubles in the U.S. India, in particular, was supposed to weather a downturn relatively well because its economy depends largely on domestic consumption rather than massive exports as does China's. But there's nowhere to hide from higher oil prices, and several factors make the crunch particularly painful in Asia. The vast majority of countries in the region are net importers of oil. Only Malaysia and Vietnam are able to produce enough crude...