As the economy continues to look bleak, even the world’s best universities are not spared from financial headache.
Harvard, which was recently ranked as the world’s best university in the THES-QS ranking 2009, has announced its plan to cut spending and taking steps to revise their spending budget.
According to Harvard President, Drew Faust, the steps are [...]

The unemployment in UK (United Kingdom) has hit a new, dangerous high after surging into an 11-year high and bringing the total unemployment figure to 1.82 million.
The country’s job market slips into another low today after its homegrown telecommunication company, BT (formerly British Telecom) announced that the company is ready to cut as many as [...]

Motorola Penang once again brushed off the pertinent question about its future in Malaysia after launching a new technology lab in Multimedia University (MMU) inside the latter’s campus in Cyberjaya last week.
Called the Wireless Broadband Technology Lab, the infrastructure is set up with the objective to providing a conducive and comfortable wireless network facility to [...]

General Motors (GM) operation in the United Kingdom is edging closer to a financial collapse, as its share price slumped to a 65-year low yesterday and the company’s management admitting that the company may be running out of money by the end of the year.
A prominent automotive analyst from the Deutsche Bank, Rod Lache, even [...]