(PTI): Japanese automaker Honda has reported a net loss of 186.16 billion yen ($1.92 billion) in its fourth fiscal quarter ending March 2009. Honda Motor Co., the second largest Japanese automaker in volume after Toyota, had posted a net profit of 25.4 billion yen in the same period a year earlier. Honda Executive Vice President [...]
Honda announces record loss of $1.92 billion
Published in April 29th, 2009
Posted by The Business Time in Business
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Despite security boost, Iraq’s human rights situation still worrying: UN
Published in April 29th, 2009
Posted by The Business Time in World
(APP): Although the security situation in Iraq has shown improvement, a range of human rights abuses continue to be perpetrated in the war‑torn nation, according to a new United Nations report. The second half of 2008, the period covered in the study, was marked by a further drop in the number of high‑visibility mass casualty [...]
Influential Israeli lobby groups preventing any change in US
Published in April 29th, 2009
Posted by The Business Time in World
(PTI): Iranian Parliament Speaker Ali Larijani has declared that influential Israeli lobby groups are preventing any change from occurring in the US. “Israeli lobby groups’ influence over decision-making bodies in the US will not allow any real change to be made in US foreign policy,” Larijani said in a meeting with a Washington Friday prayers
Israeli AIPAC pushing US for new sanctions against Iran
Published in April 29th, 2009
Posted by The Business Time in National
(PTI): Influential Israeli lobby group in the US, AIPAC is to push for a newly crafted resolution designed to choke off Iranian gas imports. The American Israel Public Affairs Committee (AIPAC), which is scheduled to hold its annual conference next week, said the introduction of a new bill against Iran’s gasoline trade on Tuesday is [...]
US economy on the road to recovery
Published in April 29th, 2009
Posted by The Business Time in National
(PTI): US consumer confidence rises and home prices continue to fall, reviving hopes that the US economy is on the road to recovery. Home prices declined 18.6 percent in February compared with one year earlier, the Standard & Poor’s/Case-Shiller Home Price Indices said on Tuesday. This was the first time in 16 months that the [...]
Three Muslims released against London 7/7 bombings
Published in April 29th, 2009
Posted by The Business Time in National
(PTI): A British jury has cleared three men of charges of conspiring with four suicide bombers who killed 52 people in London’s 2005 suicide bombings. Waheed Ali, Sadeer Saleem, and Mohammed Shakil were acquitted of the most serious offenses at the Kingston Crown Court Tuesday, but two of them were found guilty for lesser charges. [...]
