Blog

Wednesday, February 20, 2008 Dutch financial institution ING Group reported today in its quarterly results an impairment charge of €194 million euros (approximately US$285.6 million). However, as a result of selling an equity stake in rival ABN AMRO, the net profit of €2.48 billion, was 18% higher than last year. The impairment charge is a […]

Monday, October 30, 2006 Wal-Mart severed links with Terry Nelson, a Republican strategist, last night because he had connections to a controversial Republican Party advertisement in Tennessee. The ad’s purpose was to blast Democratic Senate candidate Harold Ford Jr, who is running against Republican Bob Corker. A blonde woman in the ad says, “I met […]

Tuesday, January 26, 2010 Peruvian highway police said that two thousand tourists have been stranded near the ruins of the ancient Machu Picchu citadel, after torrential rains caused mudslides, blocking the train route that goes from the site to Cusco. Soledad Caparo, a spokeswoman for Perurail commented that the train operator suspended service earlier today, […]

Tuesday, April 19, 2005 Denunciations of corruption, bribe, collection of bribes from refugees [1] and of sexual scandal involving the peacekeepers [2], [3] threaten the Organization of the United Nations (UN). The gravest denunciations involve the aid project to Iraq, called Oil-for-Food. Grave denunciations of bribe exist, superfluous accounting and collaboration with the ex-dictator Saddam […]

Tuesday, September 13, 2005 US-based Oracle Corporation announced earlier today that they are buying rival US-based Siebel Systems for $10.66 USD per share. Siebel shareholders have the option to receive the $10.66 per share in cash or in Oracle stock. This deal is valued at approximately $5.85 billion USD. Siebel Systems’ Board of Directors has […]

A compilation of brief news reports for Monday, December 3, 2012.

Tuesday, July 17, 2007 Pittsburgh, Pennsylvania — Local caterers get ready for big business, as almost three thousand fans converge on the David L. Lawrence Convention Center over the Independence Day weekend for the world’s largest ever furry convention, Anthrocon 2007. Many hope to renew acquaintances, or meet new friends. Others look to buy from […]

Tuesday, December 21, 2010 British Business Secretary Vince Cable has tonight been reprimanded by Prime Minister David Cameron after saying he was “at war” with Rupert Murdoch over News Corporation’s attempts to take full control of BSkyB. Cable will remain in the cabinet, but he will have no further role in the takeover bid. A […]

Sunday, June 6, 2010 Reports suggest the World Health Organisation’s declaring a swine flu pandemic was an error driven by drug companies, and lead to unjustified fear. A year after the swine flu pandemic was declared, stocks are left unused and governments try to abandon contracts, pharmaceutical companies have profited at least £4.6billion from the […]