Blackberry sales promotion's consequences

Source: BBC

Research in Motion, Blackberry producer, announced it is going to cooperate with Indonesian government to investigate Blackberry sales promotion in Indonesia that turned violent. The stampede appeared after the company promised to sell new device with 50% discount to first 1,000 customers; thousands of people started queuing before the midnight. Many people were injured when the crowd run out of control. The company suspects Andrew Cobham, RIM's Indonesia CEO, for being negligent.

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Tue, 06 Dec 2011 08:34:54 GMT

Japan's Q3 growth forecast downgraded

Japan's Q3 growth of the GDP is going to be downgraded to an annual increase of 5.1% from 6.0% expected. Experts explain the decrease as a result of lower capital investment, reported Market New International. However, preliminary data of the GDP indicated the country's economy increased 1.5% on a quarterly basis indicating the first increase in the last four quarters.

Tue, 06 Dec 2011 08:32:36 GMT

Natural gas futures declined on weather forecast

Natural gas futures tumbled on Monday to two-week low as investors were put off by mild weather forecast limiting the heating demand.  On the New York Mercantile Exchange, natural gas futures for delivery in January were traded at USD3.487 per million British thermal units at the early U.S. trade, losing 2.69% since opening.

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