Browsing All Posts By Kurt Osterberg
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BP and Anadarko found liable for US oil spill damages
A Chicago court found on Wednesday that BP and its minority partner Anadarko Petroleum will be liable under federal pollution laws for civil damages and their roles in the Macondo 2010 Gulf of Mexico ... -
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Walmex quarter profits up 26 percent
Mexico’s largest retailer, Wal-Mart de Mexico or Walmex, late on Monday announced a 26 percent rise in fourth quarter profits to MXN$8.23bn compared to MEX$6.54bn during the final quarter of 2010. R... -
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Vista commences takeover battle with Tenemos over Misys
US buyout firm Vista Equity Partners announced late on Monday that it has made an approach to buy British banking software company Misys. Although no price was mentioned analysts value the deal at an ... -
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Crude at nine month high after Iran halts supply
Oil prices on Monday climbed to a nine month high, close to $105 a barrel on the New York Mercantile Exchange, after Iran’s oil ministry said late on Sunday that it had halted crude exports to both ... -
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Rio bosses axe bonus on aluminium loss
Anglo-Australian miner Rio Tinto said on Thursday that its top executives will not take a bonus this year following an $8.8bn hit on its aluminium business Alcan. The mining giant reported a 50 percen... -
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UBS joins Deutsche in 76 percent net profit loss
Switzerland’s biggest lender by assets, UBS AG, announced on Tuesday a 76 percent fall year-on-year in net profits for the fourth quarter of 2011 in the wake of its $2bn rogue trading scandal last y... -
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Chinese bars its airlines from paying EU carbon tax
The Chinese government on Monday announced it has prohibited state-owned airlines from paying EU-imposed charges on carbon emissions. The move by the Civil Aviation Administration of China, which is t... -
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Swiss bank Wegelin charged with tax evasion
The US Justice Department late on Thursday announced it had filed criminal charges against Wegelin & Co, Switzerland’s oldest private bank, for purportedly helping wealthy US citizens evade tax... -
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Xstrata in merger talks with Glencore
The globe’s biggest listed commodities trader, Glencore International, and Anglo Swiss mining giant Xstrata, on Thursday announced they are in talks about a possible merger. The mining group said th... -
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Dassault Rafale emerges as India’s prefered jet-builder
French defence supplier Dassault Aviation has been chosen as India’s preferred bidder in an eagerly contested $20bn race to provide 126 fighter jets to India. The Dassault Rafale fighter jet was nam...
Top Posts
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The Importance for Individuals to Use Sustainable Chemicals
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Small Businesses: Finding the Right Candidate for the Job
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How to Write the Perfect Thank You Letter After Your Job Interview
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3 Best Large-Cap Blend Mutual Funds For Enticing Returns
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China suspected in massive breach of federal personnel data
