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Breaking News: New sanctions bite both ways hurting western multinationals
Posted by: northsunm32

Moscow :: Russia | updated 2014-07-30 20:02:52 -0700 | business-news

Western multinational energy companies already have $35 billion invested in Russian oil development. New sanctions on Russia by the US and EU may put that investment at some risk. The new sanctions ban the export of hi-tech oil equipment needed...
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Breaking News: Banking industry and scams : Time for ethical action
Posted by: preetamkaushik

New York City :: NY :: USA | updated 2014-07-31 01:10:45 -0700 | business-news

The banking industry continues to regard itself as above the law and persists in flouting rules and regulations. Its policy of profit at any cost through aggressive and cutthroat competition, unethical rewards and impossible goals that triggered the 2008 global...
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Breaking News: No profit yet, but Twitter's revenues rise
Posted by: Aby Sam Thomas

New York City :: NY :: USA | updated 2014-07-31 02:18:41 -0700 | business-news

It may not be as impressive as the revenue raked in by Facebook in the last three months, but Twitter’s performance in the year’s second quarter has proved to be a shot in the arm for the company’s share prices...
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Breaking News: Boom time coming to the Gulf Coast with the discovery of liquefied natural gas in the region
Posted by: prabirghose

Harrisburg :: PA :: USA | updated 2014-02-25 06:02:55 -0800 | political-news

This is great boom time news for the Gulf Coast because dozens of facilities are getting ready to sprout up in the region along the Louisiana and Texas coasts - these facilities would mean jobs and jobs for producing liquified...
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Breaking News: Move over, Darth Vader: The Force is stronger in Shakira
Posted by: Aby Sam Thomas

New York City :: NY :: USA | updated 2014-07-31 03:50:49 -0700 | business-news

After having seen more than 5 million social media shares since its release in May, Shakira’s “La La La” music video-cum-commercial for Activia has been declared the most shared advertisement of all time by marketing technology company Unruly. This hallowed...
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Breaking News: Bank of America fined $1.27bn for 'Hustle' fraud
Posted by: atifji75

New York City :: NY :: USA | updated 2014-07-31 00:33:20 -0700 | business-news

The Federal District Court in Manhattan has imposed fine of $1.3 billion against Bank of America over the financial fraud. The court has fined the Bank of America on Wednesday, for selling loans to giant mortgage firms Fannie Mae and...
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Breaking News: Imposition of anti dumping duty on import of solar cells/ modules will increase project cost: ASSOCHAM
Posted by: chnarendra

New Delhi :: India | updated 2014-07-31 04:18:40 -0700 | business-news

Implementation of the power purchase agreements (PPAs) signed recently for 2200 MW of solar power under different schemes of the central and state governments have come to standstill after the anti-dumping duty recommended by the Directorate General of Anti-Dumping and...
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Posted by: chnarendra

Hyderabad :: India | updated 2014-07-30 20:27:42 -0700 | business-news

Andhra Pradesh Chief Minister Nara Chandrababu Naidu said that the government has plans to set up a Genome valley between Visakhapatnam and East Godavari districts to boost the pharmaceutical sector. The Chief Minister said that the Government of AP will...
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Source: BBC

Asia :: Philippines | updated 2014-07-31 04:26:37 -0700 | business-news

Shell said profits for the period rose to $5.15bn (£3bn) from $2.39bn a year earlier. Stripping out the impact of one-off charges, underlying profits were still 33% higher at $6.13bn. Chief executive Ben van Beurden hailed the company's "recent improved...
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Source: BBC

London :: United Kingdom | updated 2014-07-31 03:24:59 -0700 | business-news

British Gas has reported a sharp drop in profits for the first half of the year due to warmer weather. Residential supply fell by a quarter to £265m, owner Centrica said. Operating profit at the parent company was down 35%...
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Source: Reuters

Brussels :: Belgium | updated 2014-07-31 03:14:47 -0700 | business-news

21am EDT People receive food that is either too old or not looking nice enough for sale at the non-profit Dortmund food bank ''Dortmunder Tafel'' in the western German city of Dortmund March 20, 2013. Euro zone inflation fell in...
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Source: Bidness etc.

St Louis :: MO :: USA | updated 2014-07-31 04:02:20 -0700 | business-news

Facing Headwinds But Remains A Buy Because Of Consistent Returns P&G is set to release its fourth-quarter earnings in the face of stagnating growth and weak last-quarter revenues...The company beat analysts' earnings estimates last quarter and analysts expect a 17.9%...
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