China Financial Daily

November 7, 2009

Ningbo Water Price increases 45%, each people cost 2.06 yuan more per month

Filed under: Financial News — Tags: , — sherry @ 8:48 pm -0800

Ningbo Water Price increases 45%, each people cost 2.06 yuan more per month
Ningbo price of water increases 45%, which cause great complaints from people. From December 1, per cubic meter of water is increased to 3.20 yuan.

According to information released by the Ningbo Municipal Price Bureau, Ningbo City, the price of water will be adjusted on December 1 (water time) onwards, mainly including prices of water supply and sewage disposal standards.

Adjusted household water price will be implemented in two steps, which this year, starting December 1 price increase 25%, from the current 2.20 yuan per cubic meter adjusted to 2.75 yuan. The second step, from 2.75 yuan per cubic meter adjusted to 3.20 yuan.

The price adjustment, the total price increase to 45 –45%. The citizen all complained a lot for that.

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Obama’s visit to China, Walt Disney and World Expo present gifts for his arrival

Filed under: Financial News — Tags: , — sherry @ 8:38 pm -0800

Obama’s visit to China, Walt Disney and World Expo present gifts for his arrival
News on November 7, 2009: The first station of Obama’s visit to China is likely to Shanghai, on the eve of his visit to China, the Shanghai Disneyland project was finally settled.

It is reported that Obama arrive there, the United States Walt Disney Company executives may be accompanied by Obama along on the tour Disneyland related matters. However, the Disney company official said, they had no news to issue.

Disneyland is located in Pudong, Shanghai. It will be the Walt Disney Company in the world’s largest theme park area. If the project is progressing well, is expected to be completed in 2014, the opening of the capital cost of approximately 3.6 billion.

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Microsoft layoffs: Microsoft has dismissed 5,000 employees, come to an end large-scale layoffs in 2009

Filed under: Financial News — Tags: , — sherry @ 8:33 pm -0800

Microsoft layoffs: Microsoft has dismissed 5,000 employees, come to an end large-scale layoffs in 2009
Microsoft re-announced layoffs, will be laid off on a global scale nearly 800 people involved in multiple product sectors, a Microsoft spokesman confirmed that nearly a quarter of the overall layoffs occurred in the Microsoft headquarters in Seattle.

Microsoft said after this layoffs, the company completed the layoffs announced in January plans. In January of this year, Microsoft said that due to the economic crisis and other reasons, the company planed in the next 18 months to complete 5,000 job cuts. Microsoft spokesman Lou Gellos said the layoffs for the last time, the number of job cuts accumulated more than 5,000 people as scheduled, but did not disclose the number of layoffs.

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