The advertisement industry experienced drastic fall in revenues during the economic downturn last year. WPP, the world’s largest advertising company saw a fall in profits by 11% in 2009. Organizations in all major sectors in order to cut short their losses reduced the advertisement budgets handsomely. It is said that the health of the economy… Continue reading »
Jan
16
Wall street is back in business!
JP Morgan posted a surprising $3.3 billion profits in the last quarter of 2009 compared to $702 million in 2008. Goldman Sachs also crossed the magical figure of $3.4 billion in the second quarter of 2009. Except the credit card business ‘All is Well’. In June 2009 JP Morgan paid back the entire bailout amount… Continue reading »
Dec
30
Nokia Vs Apple
Price wars, Political wars and now wars on patents. Today, with the world’s financial engine gaining momentum once again after the housing bubble, the coming years seem to be tough time for analysts. Infringement of patents was seen as an integral part of emerging nations until recently when two top notch organizations from the developed nations jumped… Continue reading »
Oct
18
Artificial Wings: Exploring the developing nations
The airline industry of the two largest developing nations of the world are high on artificial wings. When the world is experiencing the aftermath of the global financial meltdown, China seems to rake in moolah from the airline industry. China has more than 1200 aircraft owned by the airlines and is expected to cross the… Continue reading »
