Business and Finance News
- Nigerian president warns that oil developers will flee
Turkmenistan News.Net
President Umaru Musa Yar'Adua of Nigeria has visited the town of Yenagoa in the Niger Delta region.
- New man at the helm of Fiat
Turkmenistan News.Net
In Italy, it has been announced that John Elkann will become the new head of Fiat, at the age of 32.
- Real estate plan for new Abu Dhabi stock exchange
Turkmenistan News.Net
A new multi-billion dirham real estate development has been announced for Sowwah Island in Abu Dhabi.
- Egyptian finance companies consumed by Global
Turkmenistan News.Net
Cairo based companies, Egypt Capital Trust and Misr International Securities have been taken over by leading international investment firm Global Investment House.
- British Airways on the lookout for new blood
Turkmenistan News.Net
British Airways has ignited fresh speculation over the continuing role of Willie Walsh, the airline's chief executive.
- Venezuela and China in new oil venture
Turkmenistan News.Net
Venezuela and China have signed deals for a joint venture to produce oil in Venezuela's Orinoco area to supply a new 400,000-barrel-a-day refinery that will be built in China.
- Overseas funds help build Qatar desalination plant
Turkmenistan News.Net
Gas-rich Qatar has signed deals to build a US$3.8 billion-dollar desalination and power plant.
- Australian budget will penalise the rich
Turkmenistan News.Net
Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury cars.
- Stocks advance as oil falls, dollar advances
San Diego Union-Tribune
... amp;amp;#8220;This market does seem to be reacting positively to any sort of easing we see in the energy patch,” said Craig Peckham, market strategist at Jefferies & Co. Investors also got some...
- MIVA Announces First Quarter 2008 Results
CNBC
Revenue of $33.0 million in Q1 2008, compared to revenue of $34.6...
- Hewlett-Packard, Electronic Data Near Merger
CFO
2008 Hewlett-Packard and Electronic Data Systems confirmed rumors that gripped the markets Monday afternoon that they are in advanced discussions about a possible business combination. Both...
- Microsoft President Jeff Raikes leaving to head Gates Foundation
Beta News
Bill & Melinda Gates Foundation , the organization announced Monday.Raikes will take the reigns from Patty Stonesifer, also a former Microsoft executive, who has served as CEO for the foundation...
- Saturday Postal Deliveries
Sky News
Six-day delivery service will stay Pat McFadden told Sky's Jeff Randall Live that the Government, the Royal Mail and the postal watchdog are all determined to maintain the current delivery...
- Old gas pumps can
MSNBC
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning...
- Recession is just beginning
San Diego Union-Tribune
NEW YORK – JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning. ...
- Microsoft sells two millionth Zune, but sales show little growth
Beta News
... complete revamp of its Zune portable media player last October and a new software update that brings TV downloads, sales of Microsoft's iPod rival have yet to increase.In the two years since the...
- Crude falls after hitting new record above $126
San Diego Union-Tribune
NEW YORK – Oil prices briefly spiked to a new record above $126 a barrel Monday but later ended lower as investors cashed in profits and an earthquake in China raised the possibility of a drop...
- U.S. retail diesel fuel at record $4.33/gallon-EIA
San Diego Union-Tribune
WASHINGTON – The average price U.S. truckers paid for diesel fuel soared 18.2 cents over the last week to a new record high of $4.33 a gallon, the federal Energy Information Administration said...
- Sprint Nextel 1Q deficit widens, fewer subscribers
San Diego Union-Tribune
KANSAS CITY, Mo. – Sprint Nextel Corp.'s Dan Hesse had little good news to share Monday on the eve of addressing his first shareholder meeting as chief executive of the troubled wireless...
- Microsoft software for video chats
The Seattle Times
Seeking more revenue from Internet ads, Microsoft has introduced software that allows users to exchange messages while watching online videos. Messenger TV combines the Windows Live...
- Hewlett-Packard said to be close to buying EDS
International Herald Tribune
Hewlett-Packard, a personal computer and printer maker, is close to a deal to acquire the Electronic Data Systems, the operator of corporate computer systems, for $12 billion to $13 billion, people...
- The quest to build the perfect bra
MSNBC
Victoria's Secret Very Sexy 100 bra, which can be fastened to fit 100 different ways—a design that Katerina Plew, a single mom and paralegal from Long Island, says the company ripped off from her....
- Fluor earnings jump 63%; company lifts outlook
Market Watch
... reported late Monday first-quarter net income rose to $138 million, or $1.50 a share, from $84.6 million,to $4.81...
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