RSS Feed     Twitter     Facebook

Posts Tagged ‘hit’

New strikes hit Greece

Public transport in Athens was disturbed Tuesday due to the strike of workers employed in transport services that are against planed public sectors reform. Bus and trolley bus workers are holding a two-day strike, while metro employees defied a court order to walk off the job, defying a court order to keep services running, the Associated Press reported.

Enterprise Compliance Costs Hit $3.5 Million, Study Finds

A survey of multinational corporations found those companies that performed internal audits spent less per capita on compliance than those that didn’t perform any. – The penalties for being out-of-step with compliance mandates are not going away, and neither is the cost of keeping up with regulations.
However, a new report from the Ponemon Institute revealed that more compliance audits can actually have the effect of lowering the price tag.
According to the …


Singapore’s Li Heng says hit by China anti-dumping duties

Singapore-listed Chinese textile firm Li Heng Chemical Fibre Technologies (LHCF.SI) said on Thursday it will be hit by China’s move to impose anti-dumping duties on caprolactam imports from the United States and European Union.

Caprolactam is a major raw material used in the production of polyamide chips that Li Heng needs for its nylon yarn products.

Read more…

While the Financial Crisis Commission Report Looks Impressive At First Glance, It Doesn’t Hit Hard Enough … and Won’t Lead to Any Real Change

The Financial Crisis Inquiry Commission largely blames Greenspan, Bernanke, Geithner, Summers, the rating agencies, SEC and big banks for the economic crisis. (Here’s the final report).Bernanke is still Fed chief, and the government has substantially …

Spam Levels Hit Two-Year Low, Symantec Reports

Spam levels have been ticking upwards but are still lower than the world has seen since March 2009, Symantec says. – Spam levels may have risen in the past few weeks, but they still are lower than what users have grown accustomed to seeing, according to a new report from Symantec.
In its MessageLabs Intelligence Report (PDF) for
January, Symantec revealed spam now accounts for 78.6 percent of all
e-mail traffi…


Smartphone Shipments to Hit 850 Million Units by 2015: In-Stat

A new In-Stat report expects smartphone shipments to keep climbing, hitting 850 million units by 2015, on the way to the 1 billion mark. – Smartphone sales are on the rise, with no plans for slowing
down, research firm In-Stat announced in a Jan.
25 report on the evolving smartphone space.
With smartphones robust processing power and memory, large
screens and open operating systems attracting ever-greater numbers of consumers,
In-…


Marty says his report “hit raw nerve”

Dick Marty says that his report on Kosovo human organ trafficking caused such a stir “because it is credible, and hit a raw nerve”.
The Parliamentary Assembly of the Council of Europe begins its plenary session today, with a debate on a draft resolution based on the CoE rapporteur’s document scheduled for Tuesday.

Daihatsu takes exchange rate hit

Currency exchange rates and how they move are not to be taken lightly in the automotive business if you are trading – either in parts or vehicles – across the world. They can provide a tailwind that makes your firm look better than it really is, or they can provide a headwind that undoes your good work.

Two recent stories we have published illustrate their importance. Daihatsu – majority-owned by Toyota and a specialist in small cars – is taking a hammering in Europe due to the strength of the yen. Margins on small cars are tight to begin with, but the strong yen has clearly wiped out any prospect of profitability on the brand’s models being shipped from Japan to Europe. It has now decided to give up.

One thing that would have helped Daihatsu (besides better and more exciting models, a clearer brand image, maybe keeping the Charade model name and not replacing with Sirion) would have been an assembly facility in Europe, preferably low-cost, perhaps somewhere like Bulgaria or Turkey where local demand could have been supplemented by substantial shipments to the EU.

I can’t help thinking that Daihatsu is a brand that has under-achieved under Toyota. It has basically been left to get on with mainly supplying the Japanese domestic market with midget cars. An overseas product and selling strategy was there, but surely it could have been better? The impression I have is that Daihatsu and Toyota have never been as close/integrated as they might have been.

JAPAN: Daihatsu will be out of Europe by 2013

Mobile Broadband Subscriptions to Hit $1B Mark in 2011: Ericsson

Mobile phone maker Ericsson reported mobile broadband subscriptions would hit one billion before the end of 2011. – Last year, mobile broadband subscriptions surpassed the half-billion mark globally, and mobile phone maker Ericsson is now estimating that this number will double before 2011 ends.

The greatest number of subscriptions, around 400 million, is expected to be concentrated in the Asia-Pacific, foll…


PlayStation iOS app lands, PocketPro golf swing analyzer, Verizon iPhone subsidies to hit $5B

The official Sony PlayStation app has landed on the App Store for you to download. The app doesn’t allow actual gaming, but lets you keep up with online statuses, the activities of your pals, and check out your trophies. Golfers can soon get the PocketPro gold swing analyzer tool for the iPhone. The tool is [...]

Twitter Hit with WikiLeaks Subpoena

A U.S. court has ordered Twitter to provide details of user accounts linked to several WikiLeaks supporters as part of a federal investigation. – A federal court has ordered Twitter to turn over details of accounts tied
to several WikiLeaks supporters as part of the government’s investigation
into the whistle-blower site.
The U.S. Department of Justice obtained a subpoena for the microblogging
site Dec. 14 requesting records going back t…


Clearwire Tests Hit Near Full-Speed 4G, T-Mobile Doubles HSPA+ Speed

News Analysis: Tests of WiMax and LTE in Phoenix demonstrate that Clearwire’s technology is getting close to being true 4G. T-Mobile doubles the speed of its HSPA+ network in Las Vegas tests. – In
a video released at the beginning of the Consumer Electronics Show in Las
Vegas, Clearwire clearly demonstrates that it is very
close to achieving the 100M-bps download speeds required by the ITU
definition of 4G wireless communications. The company released a YouTube video of the tests,
whi…


Lenovo, HP, Cisco Hit CES Floor with Low-Cost Tech for Small Businesses

This year’s enormous Consumer Electronics Show (CES) in Las Vegas continues the convention’s penchant for showcasing cutting-edge technologies like 3D televisions that don’t require special glasses and numerous tablet devices hoping to take a bite of out Apple’s dominance in the market, but there are also hundreds of electronics devices that serve a more business-minded client. With small business owners looking forward to a more stable business year, IT department spending levels are likely to rise to their pre-recession levels for the first time, according to IT research firm IDC. With cloud computing and mobile device applications gaining popularity with the SMB market, wireless connectivity and portability are among the top draws for communications and productivity devices. After the immediate success of the iPad, tablets will also feature prominently in 2011, including the Cisco Systems Cius. A rocky economic recovery has encouraged small business owners to spend wisely on business essentials, with a focus on value for money. Hewlett-Packard, Lenovo and others have responded to this need with notebooks and desktops offering unified communications (UC) features and productivity applications, many for less than $1,000. What follows is a look at what small businesses can take advantage of at this year’s CES. – …


4chan Forum for Anonymous Activists Hit by DoS Counterattack

The 4chan message forum, which was a spring board for many of the Denial of Service attacks launched in support of WikiLeaks, was hit by DoS counterattack, knocking it offline for 24 hours. – The 4chan message board, a popular discussion forum for the so-called Anonymous activist group that launched a multitude of Denial of Service attacks in retribution for efforts to cut off technical and financial support for WikiLeaks, was itself shut down by a DoS counterattack on Dec. 28
The si…


Usher “The Simpsons” Plagiarism Allegations Surround Hit Single “OMG”

D’oh! Did R&B crooner and Justin Bieber mentor Usher Raymondd rip-off the lyrics to his 2010 summer smash “OMG” from a long forgotten episode of The Simpsons? The Grammy-winning “Yeah” hitmaker is once again facing plagiarism allegations after jocks at Y101FM in Mississippi noticed some curious similarities between Usher’s and a Christmas carol sung by [...]

Cyber-Criminals, Not WikiLeaks Supporters, Hit Spamhaus with DDoS Attack

The distributed denial of service attack that knocked Spamhaus offline came from a real botnet controlled by Russian criminals, and was not an Operation Payback operation by the Anonymous group. – A Distributed Denial of Service attack against anti-spam group Spamhaus has provided evidence that cyber-criminals have found a new target: WikiLeaks supporters. The cyber-criminals have combined the intense interest over WikiLeaks with a misleading domain name to trick users into going to a fake si…


Tech Behind Hit Games Comes to iPhone

At the Digits blog in The Wall Street Journal, Ian Sherr reports that the technology behind Epic Games hits like “Batman: Arkham Asylum” and “Gears of War 3″ is coming to iPhone, iPod touch, and iPad game developers this week “in another sign that mobile gaming is booming on Apple’s platforms.” Sherr quotes Epic co-founder Mark Rein, who calls the App Store “the most vibrant market for mobile gaming.”

PayPal, PostFinance Hit by DoS Attacks, Counter-Attack in Progress

As WikiLeaks supporters and hackers hit PayPal and PostFinance with Denial-of-Service attacks for anti-WikiLeaks behavior, the group is also targeted in a DoS counterattack. – The anonymous group of hackers who launch DoS attacks against the entertainment industry refocused their campaign to target companies perceived to be anti-WikiLeaks. In response, the same group is also currently under a DoS attack for supporting the whistle-blowing site.
“We fight for the same re…


WikiLeaks Hit with DoS Attack Before Documents Leaked

WikiLeaks was hit by a denial-of-service attack in the hours before it released more than 250,000 diplomatic documents. – WikiLeaks was hit with a denial-of-service attack as it prepared to
publicize a trove of diplomatic documents.
The attack occurred Nov. 28, striking the controversial site before it
posted a collection of more than 250,000 U.S.
embassy cables online. The main WikiLeaks.org site appeared to be…


STI +0.8%; may hit 3250-3300 by year end – AmFraser

Singapore shares mostly up but market quiet with merely 613.7 million shares worth $652.9 million changing hands by midday. Low participation typical during year-end period, not helped by lack of newsflow.

Gainers outnumber decliners by about 2.5 to 1. STI +0.8% at 3162.19, not expected to test Tuesday’s 3187 intraday high for rest of session.

Read more…