Author: Biz India

Germany’s Production Growth Not Enough to Make Up For Slump In Most of Europe, Economy-Tracking Office Eurostat Says

Germany’s Production Growth Not Enough to Make Up For Slump In Most of Europe, Economy-Tracking Office Eurostat Says

Posted by | May 15, 2012 |

Source: Economic Times  BRUSSELS: Strong production in Germany could not make up for a slump across the rest of the euro zone in March with declining output at factories falling and signaling an oncoming recession may not be as mild as policymakers hope. Industrial production in the 17 countries sharing the euro fell 0.3 per cent in March from February, the EU’s statistics office Eurostat said on Monday. Economists polled by Reuters had expected a 0.4 per cent increase overall. The figures stood in contrast with German data showing output in the euro zone’s largest economy up 1.3 per...

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Widespread Pilots’ Strike Has Cost Air India About $18.5 Million in Losses So Far

Widespread Pilots’ Strike Has Cost Air India About $18.5 Million in Losses So Far

Posted by | May 14, 2012 | ,

Source: MoneyControl.com May 14, 2012 – There has still been no end to Air India’s troubles. It’s been a week since its pilots went on a strike that has so far cost the already debt-ridden national carrier almost Rs. 96 crore (about US$18.5 million) so far. The Maharaja’s contingency plan was supposed to take effect on Monday but now sources say that it hasn’t even been finalized as yet. That is because Air India’s Executive Pilots Association (EPA) has announced its support for the agitators. They are currently responsible for operating the international flights. Not just the EPA, the...

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Air India Strike Continues as 250+ Pilots Defy Court Order to Return to Work

Air India Strike Continues as 250+ Pilots Defy Court Order to Return to Work

Posted by | May 14, 2012 | ,

By NDTV Correspondent  New Delhi, May 11, 2012 – As the strike called by at least 250 of its pilots continued for a third day today, the Air India management has moved the Supreme Court with a contempt of court plea. Earlier, more pilots were sacked as the national carrier decided to stop taking bookings for long-haul flights till at least 15th of this month. Here are 10 big facts on the story so far: 1)  The Air India management has filed a contempt of court application in the Supreme Court against the on-strike pilots. 2) The Delhi High Court...

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8 Shocking New Forecasts for Investors in 2012

8 Shocking New Forecasts for Investors in 2012

Posted by | May 14, 2012 | ,

By Weiss Research Nearly two years ago, we downgraded JPMorgan Chase to a Weiss Ratings of D, implying grossly excessive risk taking by the bank. And virtually every chance since, we repeatedly publishing this warning about JPMorgan in Money and Markets, Safe Money Report, and multiple press releases. Then, last week, we jumped online with a video that took our warnings to the next level — with this forecast: “Some of the world’s largest banks will suffer massive losses and huge new bailouts will be needed.” Sure enough, just 48 hours later, JPMorgan Chase shocked the investment world with...

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Book Review: Medical Professionalism in the New Information Age

Book Review: Medical Professionalism in the New Information Age

Posted by | May 14, 2012 |

Editors: David J. Rothman and David Blumenthal Publisher: Rutgers University Press – 224 pages Book Review by:  Nano Khilnani Living, in general, in today’s litigious world has become more stressful, more expensive, more demanding of time for doctors. At the same time, their potential liabilities have increased in number. So the creation of electronic health records (EHRs) of patients which can be easily traceable through mobile devices, or online, can expose them to higher levels of potential damage of their reputations and greater liability, for their actions, or lack thereof. With EHRs by doctors – more quickly and easily...

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