Monthly Archives: August 2012

5 Reasons Why Software Testing Is Being Outsourced

Experts in the software testing field predict that outsourced testing projects to countries like India will increase by 9 percent in 2012, while many developed nations will reduce onshore testing by as much as 5 percent in 2012 alone. Irrespective of how many feel, outsourcing of software testing is a Read On..

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Global Economic Slowdown Hits Japan

TOKYO – Japan’s local assessment of the economy has put pressure on exports and industrial production. Due to the global economic slowdown, they have advised companies to cut back on their production until trends pick up. This of course, poses as a problem for manufacturers because that would mean that Read On..

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France’s Unemployment Rate Reaches an All Time High

  PARIS – The number of jobless people in France rose for the fifteenth consecutive month. Figures show that the unemployment rate has reached its highest in over 13 years. Clearly bad news for the French economy this indicates that it has reached the point of stagnation. The data released Read On..

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Hertz to Buy Dollar Thrifty

  NEW YORK – International car rental company Hertz announced their plans to buy Dollar Thrifty Automotive Group for $2.3 million. This news has brought hope of achieving more business and garnering more customers as they expand their global reach. Last Sunday, Hertz Global Holdings Inc. announced that they will Read On..

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Spain’s GDP Grew Less Than Expected

    MADRID – According to revised figures released last Monday, the Spanish economy failed to meet the expectations that were set in 2010 and 2011. This suggests that the country may have more difficulty getting out of threatening recession. Amid the second recession in the Spanish economy, the statistics Read On..

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Oil Prices May Continue to Rise in the Coming Months

NEW YORK – U.S. Federal Reserve chairman Ben Bernanke, may or may not provide more clues about a possible third round of bond purchases in his speech at Jackson Hole next week. But investors are clearly betting on more quantitative easing or other forms of stimulation. How do I know? Read On..

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Verdict for the Apple VS. Samsung Case is in the Hands of the Jury

  NEW YORK – After 50 hours of testimonies, hundreds of tests , millions of dollars in fees for lawyers and expert witnesses, 84 court instructions and four hours of closing arguments in the Apple vs. Samsung patents trial, the decision is now in the hands of seven men and Read On..

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Apple vs Samsung Battle: In the Final Stretch

  SAN FRANCISCO  – The multimillion-dollar patent dispute between the leading manufacturers of smartphones in the world, Apple and Samsung, is coming to an end. Lawyers for both sides are scheduled to present in federal court closing arguments on Tuesday, and a jury of nine people begin deliberating Tuesday afternoon Read On..

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Greece Wants More Time to Adhere to Reform Demands

  BERLIN – Greek Prime Minister, Antonis Samaras, wants international lenders to give his country more time to adhere to reform demands. According to him, the extension will aid Greece’s economy get back in shape. He will meet with the head of the Eurogroup, Jean-Claude Juncker, French President François Hollande Read On..

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GM Motors Recalls Thousands of SUVs in the US and Canada

  DETROIT – General Motors and Isuzu are asking the owners of more than 258,000 SUVs in the U.S. and Canada to bring in their vehicles in repair shops. This is to fix a problem with short circuit power window switches and the door locks. According to spokespersons of the Read On..

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Facebook Shares Fall 4% on Wall Street, Record-Low Since Company’s IPO

  NEW YORK – Facebook Inc. shares plummeted to 4% on Friday, suffering record lows of 19.04 dollars per share – about 50% less than the company’s stock values when it first debuted in the stock exchange. Costs per share fell sharply on Thursday after one of several lock-ups on Read On..

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Wall Street Falling in Love with the iPhone 5

Shares of U.S. technology company, Apple, reached all-time highs on the NYSE on Friday. Shares of the company reached an all time high of $644, trading on 29.9 times and slightly sliding back down to 642.28 dollars per share. Shares of the company reached several records in the early months Read On..

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