Even as unemployment rate in Euro zone fell to a 4-year low in December and is still lingering at 5 percent in the US, various companies across the globe are slashing jobs in hundreds and thousands. These cutting of jobs have been done mainly on bad or low quarterly/annually profits thus leading to cost-cutting act. We give a list of some of the major companies of the world that are […]

Global average connection speeds rose 20 percent year over year to 4.5 Mbps in Q4 2014. Meanwhile, mobile demands continue to grow, with data traffic increasing by 54 percent in the last year. The latest figures come from Akamai, which today published its quarterly State of the Internet Report for Q4 2014. The firm found 132 countries experienced an increase in average connection speeds year over year, ranging from 0.3 […]

LONDON: Unemployment globally might account for nine times as many deaths by suicide every year (about 45000) as the recent economic crisis (around 5000 excess suicides), according to a long-term analysis of suicide risk across 63 countries between 2000 and 2011.   Researchers estimate that about 233000 suicides took place each year between 2000 and 2011, of which unemployment accounted for around a fifth (about 45000). Unemployment was linked with […]