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Web and Summer Olympics may keep U.S. ad industry prosperous in 2008 (International Herald Tribune) - Forecasters believe the continuing strength of ad spending online and the stimulative effects of the Summer Olympics in Beijing, should keep the industry from suffering a recession in 2008.

Industry groups want consistent fuel economy rules (The Fresno Bee) - Industry groups are pressing House Speaker Nancy Pelosi to create consistent rules for new fuel efficiency standards being considered by Congress, a move that could conflict with aggressive requirements being pushed by California.

SA wine industry savours ban on GM yeast (Independent Online) - The prospect of genetically modified (GM) yeast being used in South African wines had the local industry in a froth until the executive council under the Genetically Modified Organisms Act denied an application by Hennie van Vuuren to use the yeast in 20 local wine-making regions.

Hotel and tourism industry booming (The Peninsula) - DOHA • While Qatar's hotel and tourism industry is on an upsurge, analysis shows that down the line, the market will be faced with an oversupply of rooms, a decline in occupancy rates and a fall in average room rate and revenue per available room, says the Oxford Business Group (OBG).

To open up small scale industry, Govt set to remove restrictive law (Indian Express via Yahoo! India News) - Moving to liberalise small-scale industries (SSIs), the government is all set to remove a restrictive clause in a 1951 law that prevented non-SSI players from setting up small units. The number of items reserved for small-scale industries will remain the same at 114 but the restrictive clause will go. Speaking at the Idea Exchange hosted by The Indian Express today, Union Commerce and Industry ...

Industry groups want consistent fuel economy rules (WOOD TV 8 Grand Rapids) - WASHINGTON -- Industry groups are pressing House Speaker Nancy Pelosi to create consistent rules for new fuel efficiency standards being considered by Congress, a move that could...

Media and Family Report Slaps Game Industry (ExtremeTech) - For several years, the National Institute on Media and the Family has published their annual Video Games Report Card, a sort of "state of the union" address, whose purpose is to rate the various social and political agencies in the gaming world on their overall success in keeping the industry a socially progressive and "well adjusted" environment.

Armored vehicle cut threatens industry (AP via Yahoo! News) - A Marine Corps decision to buy a third fewer bomb-resistant vehicles tightens competition in an industry created almost overnight to protect U.S. forces in Iraq and Afghanistan from deadly roadside bombs.

Kamath alerts industry on further rupee rally (asianage via Yahoo! India News) - Putrajaya (Malaysia), Dec. 5: Industry should brace itself for a strong rupee, as the currency could strengthen by Re 1 to rs 2 against the dollar, and must diversify its revenue base, ICICI Bank CEO K.V. Kamath has said.

Fishing industry gets cash boost (BBC News) - Northern Ireland's fishing industry is given an investment boost of more than £25m.

 
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Battered by Industry Slump, GM and Chrysler Hold Merger Talks (Washington Post) - General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. It was unclear over the weekend whether the discussions were progressing and what, if anything, would result.

Travel industry begins its descent (Minneapolis-St. Paul Star Tribune) - The travel industry has been hit hard by the economic slowdown, particularly in the past few weeks. Airlines reported sharp declines in passenger traffic for September.

Steel industry attacks Brussels plans (Financial Times) - A steel and iron industry lobby group has accused bureaucrats of a “vindictive” campaign to chase the sector out of Europe to meet European Union climate change goals.

US car groups prepare for industry shake-up (Financial Times) - A massive realignment is looming in the global motor industry as financially troubled carmakers and their parts suppliers seek stronger partners and buyers.