<?xml version="1.0" encoding="UTF-8"?><!-- generator="WordPress/2.6" -->
<rss version="0.92">
<channel>
	<title>Business News</title>
	<link>http://www.allinfodir.com/business-news</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Fri, 28 Nov 2008 14:15:40 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
	<item>
		<title>Japan sees sharp decline in production</title>
		<description><![CDATA[There is a growing fear that Japan is quickly moving towards a prolonged recession and because of these fears its industrial production and consumer spending have considerably dropped.
In October, Japan’s industrial production dropped by 3.1 percent that was quite faster than expected.
Similarly, 3.8 percent drop was noticed in year on year consumer spending during October [...]]]></description>
		<link>http://www.allinfodir.com/business-news/japan-sees-sharp-decline-in-production.html</link>
			</item>
	<item>
		<title>UK’s economy may see ‘severe’ slump in 09</title>
		<description><![CDATA[According to the Organization for Economic Co-operation and Development (OECD), there might be a ‘severe’ economic recession in the UK in 2009, as it has predicted that will be 1.1% decrease in economic output next year.

Similarly, it has also been predicted that there would be considerable increase in unemployment that would rise to over 8 [...]]]></description>
		<link>http://www.allinfodir.com/business-news/uks-economy-may-see-severe-slump-in-09.html</link>
			</item>
	<item>
		<title>Dell’s quarterly profits 5% down</title>
		<description><![CDATA[Customers worldwide are buying fewer computers and the 5% drop in the US computer maker Dell’s quarterly profits is a clear evident of it.
Dell profits in the third quarter were $ 766m a year back, while they are just $727m this year.
According to Brain Gladden, Dell’s chief financial officer, “We are expecting that the same [...]]]></description>
		<link>http://www.allinfodir.com/business-news/dell-s-quarterly-profits-5-down.html</link>
			</item>
	<item>
		<title>Big Three ask congress for a $25bn bail-out</title>
		<description><![CDATA[The bosses of GM, Ford and Chrysler (also known as big three US carmakers) ask Congress for a $25bn aid to rescue US car industry.
In a Senate hearing, they told that their firms were at greater risk of collapse without the rescue package.
Rick Wagoner, GM chief executive, said: “A financial chasm has opened up and [...]]]></description>
		<link>http://www.allinfodir.com/business-news/big-three-ask-congress-for-a-25bn-bail-out.html</link>
			</item>
	<item>
		<title>Economic worries: Ford to sell 20% Mazda stake</title>
		<description><![CDATA[The Japanese carmaker Mazda Motor has confirmed that troubled US carmaker Ford Motor will sell its 20% stake in the company.
Ford has a 33.4% stake in Mazda and the current move will decrease it to just over 13%.
Falling sales around the world has hit hard Ford and now the company is trying to raise cash [...]]]></description>
		<link>http://www.allinfodir.com/business-news/economic-worries-ford-to-sell-20-mazda-stake.html</link>
			</item>
</channel>
</rss>
