The Daily Business Digest

Providing you every news that counts from across the Globe, is our Business

Why crude oil prices are sliding further ?

Posted by admin August - 31 - 2010 - Tuesday ADD COMMENTS

The crude oil prices have gone down steeply from over 83 dollars two months back to less than 72 dollars this week. The sharp drop in the crude oil prices is due to increasing fears of a double dip recession in the US, Japan and Europe.
But we need to see whether there is a real danger of a double dip recession in Europe. Germany , France and UK are doing relatively better and their local economies are also showing signs of reviving up. Also the US economy is not drowning as feared, and it is also likely to show positive growth, albeit at very low levels, in the coming quarters.
Coupled with this is the sure shot signs of healthy growth in China, South Korea, India and Australia.
These four economies together can pull up the global growth significantly and can hence help to make up for the loss of growth in Japan and some parts of Europe.
So expect crude oil demand to remain decent in the coming months, and the prices can be expected to remain in the 70-85 dollars band. And based on hedge fund investment pattern the prices would move in either direction.
Nothing is there to suggest today, that the crude oil prices can go down below the 65 dollars mark.

Euro tail Lights

Posted by admin August - 31 - 2010 - Tuesday ADD COMMENTS

There are many accidents that happen even within city limits more due to poor tail lights and poor indicator lights. And to save your vehicle from being hit from behind, all you need to do is to put in some extra efforts to check regularly as to whether your tail lights and indicator lights are in working condition.
And whenever you find them to be out of order, you need to take your vehicle to the garage and fix the problem right away without any delay. While changing your tail lights, you need to ensure that you buy the best in class euro tail lights for your vehicle.
Now you can buy all your vehicle accessories including tail lights, of all the leading brands at affordable rates. All you need to do is to log into the internet and latch on to one of the leading and proven online car accessories selling source.
These sources have years of experience in selling quality auto parts and have created a good reputation of selling only genuine and dependable spares. Because their business model is sleek, they are able to sell their products at wafer thin margin to their online customers. All the very best.

HDTV is the latest in Television technology

Posted by admin August - 30 - 2010 - Monday ADD COMMENTS

The Television technology has been seeing a major improvement once every two or three years, in the past decade. The bulky television sets have been replaced by LCD television sets five years back, and recently these were replaced by the LED television sets.
Now you have HDTV sets which can bring in crystal clear picture with real colors to your living room. Just log into the internet and check out on the leading brands of HDTV and latch on to one of them.

Blockbuster may go bankrupt

Posted by admin August - 27 - 2010 - Friday ADD COMMENTS

It is not that only insurance companies or car companies or banks can go bankrupt in the US. Now it is going to be the turn of the movie rental chain, Blockbuster, to go bankrupt.
The company has been expected to get into bankruptcy by the analysts for the last several months, but it is most likely to come true in the coming weeks.
The latest set of economic data from the US commerce department , wherein the second quarter GDP growth has been revised downwards, is only a broad indicator of more bankruptcy filings to come in the near future.

Where to find quality iPod accessories

Posted by admin August - 27 - 2010 - Friday ADD COMMENTS

It is just not enough for you to get the iPod for you and your spouse, it is also important that you get all the required ipod accessories for your lovely gadget.

Now there are proven online sources which sell iPod accessories of good quality at affordable rates. All you need to do is to just log into the internet and search for a dependable and proven accessories geek and then buy all your requirements through them. And that can be done through few clicks of your computer mouse.

Where to find Quality Horse tack

Posted by admin August - 27 - 2010 - Friday ADD COMMENTS

There are many people who love breeding horses but often end up not getting the optimal job and enjoyment in that activity. The reason is that they do not use the right kind of horse tack and accessories.
Now there are professional experts who are exclusively focused in providing you the best in class horse riding apparel, horse clothing, horse accessories etc., at affordable rates. Most of these experts also do their selling through dedicated online websites, which you can access anytime from any where.

Community face of Cydcor

Posted by admin August - 26 - 2010 - Thursday ADD COMMENTS

There has been talk by leading corporate heavy weights on the need for increasing the social spending by the corporates. And many companies keep talking about that and do almost nothing. But there are indeed many companies which take up social causes in a serious way and do what ever possible quickly.
For example, the other day I read about the 25 boxes of clothing / first aid / shoes etc., sent by Cydcor to the Haiti victims. The gesture is indeed commendable and a slight dig into Cydcor company on the internet threw few more interesting facts.
This company is a dominant market leader in the face-to-face sales development and the capabilities of Cydcor is proven across various industries. Their clients are spread across Telecommunications, Energy, Merchant services, internet, cables etc.,
There has to be an increased pressure on the profitable corporates from the people in power, both politicians and also the bureaucrats , to spend a defined part of their after tax profits on charitable causes. That would ensure the availability of good amount of funds for unexpected events like floods / famine / fire accidents / industrial accidents / air crashes / earth quakes etc.,
The pledging of sharing 50% of their wealth for philanthropic causes by the leading billionaires of US and Europe is worth commending at this point.

Harley Davidson wants to expand in India

Posted by admin August - 26 - 2010 - Thursday ADD COMMENTS

Harley -Davidson has ideas of introducing more bikes in Indian cities within next year. At present Harley has good market in Indian market and plans to introduce some 12 more bikes. The fifth dealership will be introduced by Harley in Bangalore market and the response will be seen.
Other major cities will have to wait for January 2011 for new models from Harley-Davidson. The first dealer network by Harley-Davidson was done in Mumbai in Bandra says managing director Anup Prakash. The companies presence can be seen in some cities like Chandigarh,Delhi,Hyderabad and Mumbai.
Some 12 different models have already introduced in the markets of India at present and Harley is stable. Depending on the response Harley -Davidson will bring out more models for the Indian market. The best market of Harley -Davidson is in the Asian countries and mainly the market of Japan. Japan is known for its heavy duty leisure riding motorcycles so,Harley-Davidson has ideas of introducing some more models.

Ore tie ups between Arcelor and Chinese mill

Posted by admin August - 19 - 2010 - Thursday ADD COMMENTS

World’s top steel maker Arcelor Mittal is in talks with China’s Wuhan Iron and Steel Group. The two steel makers want to form a joint development of overseas iron ore. A joint exploration and investments are going on between the two sides currently.
The mining projects of the two steel makers will be out after the discussion. The reports about the joint venture were given out by the Chinese company on Monday. The total production of Iron ore of ArcelorMittal is about 51 tonnes per an um(mtpa). Arcelor Mittal has goal to raise the 51 tonnes into 100 mtpa within five years.
The Chinese steel maker Wuhan has sought to develop the iron resources overseas and reduce the high reliance. When the heavy reliance on the global supplier like Rio Tinto, Vale and BHP Billiton will be reduced. The Chinese company Wuhan wants to become a self sufficient country within a span of 3 to 5 years. Wuhan at present claims to have 3 billion tonnes of iron ore reserves around the world. Wuhan is even having a 21.52% stake with the Brazilian miner MMX from last year.

Great Electronic coupons online

Posted by admin August - 18 - 2010 - Wednesday ADD COMMENTS

There are hundreds and thousands of smart customers who always get the best rates for most of their purchases. All that these people do is to search through the internet and get all the latest coupon codes and discount codes.
There are indeed many dedicated websites which provide you with latest discount codes of all leading online sellers, including abt electronics coupons, on a regular basis.
Just log into the internet and checkout.