General Electric: No.1 in the Forbes Global 2000 List of World’s Biggest Companies

General Electric Company leads the Forbes Global 2000 list of the world’s biggest companies. From no. 2 last year, the American giant company grabbed the no. 1 rank for the Global 2000 list for 2009. Next to GE is 2008 no. 6 ranked Royal Dutch Shell of Netherlands. Japan’s Toyota Motor Corp. who was no. 8 last year has climbed to the third spot. These Companies proved that even in times of global economic crisis, there will always be opportunities for corporate success.

UK’s HSBC Holdings, the no. 1 ranked company in 2008, has slipped down to No. 6 this year. The biggest loser among the top three last year, was Read more

Tata’s Nano: Will you buy and use the world’s cheapest car?

India’s Nano Car was intended to be used as a fuel-efficient, safer alternative to the motorcycles used by millions of Indians. Nano Cars was first conceived by Tata Motors Ltd. (India’s largest automobile company) in 2003. The 3 meter-long car is expected to cost about $1,980 for dealers, which doesn’t include the markup and other charges that will be paid by consumers. At a price of 100,000 rupees or about $2,000, the Nano is the cheapest mass-produced car in the world. The Nano minicar has a maximum speed of only 107 kilometers an hour and puff gasoline mileage of 23.6 kilometers a liter. Read more

Business Marketing: Watch 2009 Super Bowl XLIII commercials video

The video shows selected company and product commercials that were aired during the 2009 SuperBowl.

The Super Bowl XLIII was played on February 1, 2009 at Raymond James Stadium in Tampa, Florida. It was a game between the American Football Conference champion Pittsburgh Steelers and the National Football Conference champion Arizona Cardinals to decide the National Football League (BFL) champion for the 2008 season. Pittsburgh Steelers won the 2009 Super Bowl by beating the Cardinals with a total score of 27 over 23. Read more

World’s large companies continued cost cutting that caused thousands of job cuts

Global economic recession has already hit the first month of 2009 as several large companies moved into cost cutting plans that involved thousands of job and employment cuts. The following is a list of companies that already announced to cut down their number of employees:

Ford Motor Credit, due to sinking car sales, the company announced on Wednesday that it will cut 1,200 jobs, or 20% of its workforce. Ford Motor Credit is an indirect, wholly owned subsidiary of Ford Motor Company. Read more