SUZLON Wind Energy in Agreement to Acquire Belgium’s Hansen Transmissions Pune‚ India / Munich‚ Germany Suzlon Wind Energy signed a definitive agreement for the strategic acquisition of Hansen Transmissions. Hansen Transmissions is a major wind turbine gearbox manufacturer with state of the art manufacturing facilities in Edegem and Lommel in Belgium. Suzlon gains technological leadership from the integration of research and development‚ design and production to evolve the next generation of
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Sex Discrimination Act 1975/97 A British Act of Parliament which became a law in 1975. Under the Act‚ people of both sexes have the right to equal opportunities in education and employment‚ and to be paid the same amount for doing the same work. People who break this law‚ for example by paying women less than men‚ can be put on trial and punished in a court of law. Here a few reason this act was put in place: Harassment: when unwanted conduct related to sex has the purpose or effect of violating
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Economic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August‚ 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery‚ the potential that it will completely
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I.J.E.M.S.‚ VOL.2(2) 2011: 71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009
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foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses‚ declines in consumer wealth estimated in trillions of US dollars‚ and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis. Causes for the crisis. The immediate cause of the crisis was the bursting of the United States housing bubble‚ which peaked in 2006‚ caused the values of securities tied to
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Glynn Lowth‚ Malcolm Prowle‚ Michael Zhang Nottingham Business School The impact of economic recession on business strategy planning in UK companies Research executive summary series Volume 6 | Issue 9 Key findings: The key findings from this research were: • There is very little optimism about the prospects for the UK economy in the short to medium-term. • There is quite a degree of optimism from companies about their own commercial future based on a combination of factors such
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Australia going into recession Submitted to Submitted by Bhagwant Virk What is recession? Recession is a significant decline in economic activity mainly a decline in GDP of an economy for two or more successive years. Recession results in major sink in stock market‚ real income ‚industrial production‚ employment opportunities and real estate. What Causes recession? 1. Any economy typically goes to recession for six months extending to two years. 2. A recession normally takes place when consumers
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Week Two Essay Great Recession If I had to choose on even that will have significance in my life it would have to be “The Great Recession”. The economic turmoil that started in early 2008 by the fall of Bearn Stern the 4th largest Investment Banking firm in the U.S. followed by the collapse of Leman Brothers in September of 2008 has led to the worst recession since the World War II and has been called The Great Recession. Being 31 years old and having witnessed recessions before as well as transformation
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1.Specify the exact duration and severity of the 2008 recession *The great second recession‚ and the aftermath of the events will never be ignored. The antecedent events of 2008 were highly questionable‚ as to why they transpired. As of present day‚ the United States is still amongst a financial slump. Again‚ the rippling effects in the recession of 2008 are still felt both near and far. We as American‚ never believed that such a financial atrocity would ever occur yet again after the financial
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• The data display’s a number of different years that the country was in a time known as a recession‚ here the country was in a state of negative economic growth. The period from 1930 to 1933 was known as the Great Depression‚ this was the worst time in America’s history that the economy preformed so poorly. Demand for goods was very low and people attempted to save money to weather the poor economy but this created stagnation which prolonged the depression. The Great Depression ended through the
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