Business and Finance News
- Nigerian president warns that oil developers will flee
United States 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
United States 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
United States 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
United States 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
United States 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
United States 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
United States 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
United States News.Net
Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury cars.
- Wall Street rallies as oil prices fall, dollar gains
The Seattle Times
NEW YORK — Wall Street rallied today as oil prices, supported by a stronger dollar, fell back and alleviated some of investors' concerns about accelerating inflation. The Dow Jones industrials...
- Tesco steps up war of words with
The Independent
Attempts by The Guardian to apologise in its libel battle with Tesco have backfired, with the supermarket's lawyers branding follow-up articles on the company's tax structures as "false, misleading...
- Microsoft WorldWide Telescope blasts off
C News
Microsoft Corp. has launched its WorldWide Telescope bringing the free web-based program for zooming around the universe to a broad audience. WorldWide Telescope, launched late Monday...
- European Shares set to Rise as SG Leads Earnings
CNBC
... shares were set to open higher on Tuesday, tracking gains in the United States and Asia as investors settled down to another flurry of results, led by...
- Bot Bartenders Sling Drinks at Roboexotica USA
Wired News
Aficionados of alcohol and androids alike celebrated the first stateside gathering of cocktail-serving robots this weekend at Roboexotica. Patrons delighted in drink-making droids...
- US stocks advance as oil falls
Breaking News.ie
Wall Street rallied today as oil prices, supported by a stronger dollar, fall back and alleviate some of investors' concerns about accelerating inflation.The dollar's advance, a break from the...
- Oil eases below $124 per barrel
Times Of India
World oil prices eased further on Tuesday, trading below 124 dollars a barrel as a firmer dollar encouraged profit-taking in a market that remains well-supported, analysts said. New...
- Microsoft software gives free tours of space
Times of India
Any Star Trek fan knows that space travel is not always easy, but Microsoft Corporation wants to make traveling the "final frontier" as simple as turning on your computer.
- Microsoft and HOYA Enter Into Patent Cross-Licensing Agreement Covering Digital Cameras and Other Consumer Products
RedOrbit
Posted on: Monday, 12 21:00 CDT REDMOND, Wash. and TOKYO, /PRNewswire-FirstCall/ -- Microsoft Corp. and HOYA CORPORATION PENTAX Imaging Systems Division have signed a patent...
- AIG raises $11.9 bn to bolster balance sheet
Times Of India
NEW YORK: American International Group Inc the world's largest insurer, on Monday raised $11.9 billion to help strengthen its balance sheet, after suffering record losses in the past two quarters...
- Australian banks agree mega merger
Times Of India
Australia's fourth-largest bank Westpac and fifth-ranked St. George said Tuesday they had agreed to a proposed merger which would create the country's biggest bank. The plan, announced...
- Chavez nationalises biggest steelmaker
Times Of India
Venezuelan President Hugo Chavez nationalised the country's biggest steelmaker Ternium-Sidor, which is majority owned by Argentina's Techint. Chavez yesterday signed the decree into...
- Bush to discuss oil with Saudi King
Times Of India
President George W Bush said that when he meets Saudi Arabia's King Abdullah later this week, he will bring up the effect that high oil prices are having on the US and global ...
- Microsoft exec Raikes brings software savvy to Gates Foundation
The Seattle Times
Microsoft executive Jeff Raikes (rakes) says he'll bring the same energy and passion to his new job as CEO of the non-profit Gates Foundation. The world's largest foundation announced today that...
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