Archive for ‘September, 2010’

Suzuki to build new auto plant in India

Suzuki to build new auto plant in India

TOKYO: Japan’s top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.
Maruti Suzuki India Ltd., a local subsidiary of Suzuki, plans to construct the new plant in Manesar near its [...]

Israel unlikely to extend current settlement curbs

Israel unlikely to extend current settlement curbs

JERUSALEM: Israel’s defense minister says a slowdown in West Bank settlement construction is unlikely to continue in its current form after it expires at the end of this month.
But Ehud Barak says he does not believe Israel will entirely cancel the 10-month curbs. Barak appeared to be leaving room for a compromise that might allow [...]

Sindh cabinet briefs Zardari, Gilani on floods

Sindh cabinet briefs Zardari, Gilani on floods

KARACHI: Prime Minister Syed Yousuf Raza Gilani said Sunday that the special meeting of Sindh Cabinet has decided to improve coordination among various agencies and departments of the federal and provincial governments engaged in flood relief activities.
He was responding to the queries of the media on the outcome of the meeting which was jointly presided [...]

Floodwaters sweep towards more Sindh towns

Floodwaters sweep towards more Sindh towns

KARACHI: Authorities were Sunday trying to protect another town from floodwaters in Sindh province, as the nation continues to grapple with its worst natural disaster in living memory.
A month after monsoons caused devastating floods throughout the country, submerging an area the size of England, eight million people remain dependent on handouts for their survival, which [...]

Booming China auto industry faces over-capacity

Booming China auto industry faces over-capacity

BEIJING: China should end preferential policies for automotive companies in order to curb over-capacity in an industry where sales jumped 55 percent in August, a government official said.
Chen Bin, a top official at China’s economic planning agency, said booming auto sales were leading to blind investment in the industry, which could result in annual production [...]