Business Stories
General Motors draws out cash
General Motors said that it intended to draw down the remaining 3.5 billion dollars of its 4.5-billion-dollar secured revolving credit facility to maintain what the auto giant described as "high level of financial flexibility" at a time when the financial markets are uncertain.
People in Nepal still blame India for their economic woes
A day after Nepal’s Prime Minister Pushpa Kamal Dahal returned from a four-day tour of India, people here are divided on whether such foreign trips are good, or bad for the country. But many of them are unanimous in identifying the source for most of their problems— India.
End of capitalism? US enters unchartered waters
As Wall Street tottered on the brink of collapse and the US government unveiled one the largest market interventions in its history, stakeholders from every side weighed in with incredibly stark views of the country's economic future.
General Motors said that it intended to draw down the remaining 3.5 billion dollars of its 4.5-billion-dollar secured revolving credit facility to maintain what the auto giant described as "high level of financial flexibility" at a time when the financial markets are uncertain.
People in Nepal still blame India for their economic woes
A day after Nepal’s Prime Minister Pushpa Kamal Dahal returned from a four-day tour of India, people here are divided on whether such foreign trips are good, or bad for the country. But many of them are unanimous in identifying the source for most of their problems— India.
End of capitalism? US enters unchartered waters
As Wall Street tottered on the brink of collapse and the US government unveiled one the largest market interventions in its history, stakeholders from every side weighed in with incredibly stark views of the country's economic future.
posted by Neel @ 7:02 PM
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