Lockheed reports rise in profits

Posted on July 27th, 2010 in Economy | No Comments »

Lockheed Martin, the world’s largest defence contractor by revenues, reports second-quarter results that beat analysts’ earnings estimates but fall slightly short of forecasts for revenues

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Lockheed reports rise in profits

US needs to deliver certainty, says UPS

Posted on July 22nd, 2010 in Economy | No Comments »

A lack of clarity about energy and healthcare policy is restraining the pace of economic recovery among small businesses in the US, according to the world’s largest package delivery company

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US needs to deliver certainty, says UPS

BGI deal boosts BlackRock profits

Posted on July 21st, 2010 in Economy | No Comments »

Second-quarter profits soar at the world’s largest asset manager on the back of improved markets and the 2009 acquisition of Barclays Global Investors

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BGI deal boosts BlackRock profits

Carlyle seals two buy-out deals, seeking third

Posted on July 19th, 2010 in Economy | No Comments »

Private equity firms are scouring the world for deals, with Carlyle securing two deals and competing for a third this week alone

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Carlyle seals two buy-out deals, seeking third

Pick-up in air travel lifts Delta to profit

Posted on July 19th, 2010 in Economy | No Comments »

Delta Air Lines swung to it first quarterly profit in more than two years, as the world’s biggest carrier by revenues benefited from rebounding demand for travel, filling its planes and raising ticket price

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Pick-up in air travel lifts Delta to profit

Toy Story 3 set to break Disney records

Posted on July 18th, 2010 in Economy | No Comments »

Toy Story 3 is on course to become the biggest-grossing animated film ever released by Walt Disney after generating $630.2m in its first month in cinemas, with the film yet to screen in about half of the world’s movie markets

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Toy Story 3 set to break Disney records

Aircraft financing debate to come to a head

Posted on July 15th, 2010 in Economy | No Comments »

As liquidity remains tight the limits on access to export credit guarantees have upset many of the world’s biggest airlines, which claim the issue has led to an unfairly distorted market

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Aircraft financing debate to come to a head

Tackling anti-social financial behaviour

Posted on July 11th, 2010 in Economy | Comments Off

Despite reservations, the world remains remarkably tolerant of anti-social behaviour in the markets and in the wider business environment

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Tackling anti-social financial behaviour

Tackling antisocial financial behaviour

Posted on July 11th, 2010 in Economy | Comments Off

Despite reservations, the world remains remarkably tolerant of anti-social behaviour in the markets and in the wider business environment

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Tackling antisocial financial behaviour

Google confident of China licence renewal

Posted on July 8th, 2010 in Economy | Comments Off

Eric Schmidt, Google chief executive, has predicted that the Chinese government will renew his company’s licence, a move that would allow it to continue operating in the world’s biggest internet market

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Google confident of China licence renewal

Paulson’s flagship funds hit by volatility

Posted on July 8th, 2010 in Economy | Comments Off

John Paulson – one of the world’s most prominent hedge fund managers – has suffered a second consecutive month of steep losses for his flagship hedge funds, most of which are heavily geared towards a recovery in the US economy

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Paulson’s flagship funds hit by volatility

Activision stays ahead of game market

Posted on July 4th, 2010 in Economy | Comments Off

For Bobby Kotick, chief executive of Activision Blizzard – the company behind ‘Call of Duty’, the world’s most popular video game – challenges vary from network ownership to new platforms

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Activision stays ahead of game market

US groups wary of China strikes record

Posted on July 1st, 2010 in Economy | Comments Off

Capital-intensive companies could reconsider their investment plans because of the recent industrial unrest, says Manpower, one of the world’s biggest recruitment companies

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US groups wary of China strikes record

China Unicom in talks over iPad and iPhone 4

Posted on June 24th, 2010 in Economy | Comments Off

Apple is in talks with China’s second-largest mobile phone carrier to bring its hit iPad and latest iPhone to the world’s most populous country

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China Unicom in talks over iPad and iPhone 4

Enron’s Jailed CEO to Run for US President – Sovereign Society

Posted on June 24th, 2010 in Wall Street Scams | Comments Off

Enron's Jailed CEO to Run for US President Sovereign Society Wall Street is wise to this scam . That's why they're secretly shorting the most dangerous “safe” investment in the world… municipal bonds… while eagerly … and more

Monsanto scores alfalfa seed victory

Posted on June 21st, 2010 in Economy | Comments Off

Monsanto, the world’s biggest seed company, scored an important legal victory when the US Supreme Court said a lower court had overstepped its authority by issuing an injunction against the planting of genetically modified alfalfa seeds

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Monsanto scores alfalfa seed victory

Facebook looks to boost advertising profile

Posted on June 20th, 2010 in Economy | Comments Off

Chief executive, Mark Zuckerberg, will make a rare on-stage appearance before the world’s advertising community this week

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Facebook looks to boost advertising profile

Blackboard Mobile Learn App Now Available for iPad

Posted on June 16th, 2010 in Unemployment News | Comments Off

WASHINGTON, June 15, 2010 /PRNewswire via COMTEX/ –Expanding the reach of mobile learning opportunities to a full range of the world’s most popular mobile platforms, Blackboard Inc. (Nasdaq: BBBB) today released native applications for Android(TM), BlackBerry(R) and iPhone(R) OS powered devices that give millions of students full access to their course information directly from their smartphones. Read more.

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Blackboard Mobile Learn App Now Available for iPad

Pimco to tap European equities

Posted on June 14th, 2010 in Economy | Comments Off

One of the world’s biggest bond fund managers is expanding into European equities as it seeks to diversify its core fixed-income business

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Pimco to tap European equities

Manufacturing jobs lead recovery

Posted on June 7th, 2010 in Economy | Comments Off

A survey by one of the world’s biggest recruiters suggests that the global manufacturing sector will continue to lead job creation in the third quarter of the year

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Manufacturing jobs lead recovery

Big oil groups break ranks with BP

Posted on June 3rd, 2010 in Economy | Comments Off

Some of the world’s biggest oil companies are distancing themselves from BP as its growing oil spill in the Gulf of Mexico threatens Big Oil’s plans for the most productive oil-producing region of the US

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Big oil groups break ranks with BP

Nielsen aims to raise $1.75bn in IPO

Posted on June 3rd, 2010 in Economy | Comments Off

Nielsen, the world’s largest audience measurement company, aims to raise $1.75bn in one of this year’s largest initial public offerings, according to a regulatory filing

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Nielsen aims to raise $1.75bn in IPO

Facebook acts to appease critics on privacy

Posted on May 26th, 2010 in Economy | Comments Off

Facebook introduced drastically simplified privacy controls in an effort to appease regulators and advocacy groups who have criticised the world’s largest social network for taking liberties with user data

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Facebook acts to appease critics on privacy

Toshiba buys stake in enriched uranium group

Posted on May 25th, 2010 in Economy | Comments Off

Japanese group set to invest $100m in one of the world’s largest producers of enriched uranium, as the top players in the nuclear industry race to secure their supply chain

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Toshiba buys stake in enriched uranium group

US home improvement retailers

Posted on May 18th, 2010 in Economy | Comments Off

After four years of comparable sales declines for the world’s largest DIY chain, Home Depot,has reported year-on-year growth for the first quarter

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US home improvement retailers

Walmart says consumers under pressure

Posted on May 18th, 2010 in Economy | Comments Off

Walmart, the world’s largest retailer, reported another fall in its US comparable-store sales, and said its primarily low-income customers in the US remained under pressure, in spite of a broader recovery in retail spending

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Walmart says consumers under pressure

KPMG and PwC eye rating move

Posted on May 16th, 2010 in Economy | Comments Off

Two of the world’s largest accounting firms have considered entering the credit rating business, in a move that would pitch them against the current top three – and heavily criticised – agencies Moody’s, Standard & Poor’s and Fitch

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KPMG and PwC eye rating move

Hedge funds hit by May volatility

Posted on May 16th, 2010 in Economy | Comments Off

Some of the world’s biggest hedge funds suffer significant losses after high levels of volatility across markets and the shortlived stock market plunge in New York combine to wipe billions from portfolios

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Hedge funds hit by May volatility

Greece says to probe US banks role in debt crisis: PM – Reuters

Posted on May 16th, 2010 in Wall Street Scams | Comments Off

Greece says to probe US banks role in debt crisis: PM Reuters Wall Street and major banks around the world are attracting scrutiny from regulators who are looking at transactions that occurred in the run-up to the … and more

Our Eurozone Call In October 2008 And Banking Reform Today « The …

Posted on May 12th, 2010 in Scams | Comments Off

… and doing it all at the intended cost of regression to feudalism and serfdom for 99% of the world, including the West. The Greek bailout and the ongoing Fannie and Freddie laundering scam are theaters of this Bailout War. …

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Our Eurozone Call In October 2008 And Banking Reform Today « The …

Alliance Boots and P&G seal skincare tie-up

Posted on May 7th, 2010 in Economy | Comments Off

The drug wholesaler has struck a deal with Procter & Gamble, the world’s biggest consumer goods company, to help expand its nascent skincare business in Europe

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Alliance Boots and P&G seal skincare tie-up

Private equity groups plan $10bn bid for FIS

Posted on May 6th, 2010 in Economy | Comments Off

Three of the world’s leading private equity groups are teaming up to attempt the biggest buyout since the financial crisis, eyeing a bid for payments processor Fidelity National Information Services that would easily exceed $10bn, people familiar with the deal said

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Private equity groups plan $10bn bid for FIS

Worst said to be over for commercial property

Posted on May 6th, 2010 in Economy | Comments Off

More than nine in 10 of the world’s commercial property markets are tipped for growth after a two-year slump dragged down the value and size of the sector

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Worst said to be over for commercial property

Glenn Beck Crime Inc CCX Joel Rogers Obama Apollo Alliance The …

Posted on May 6th, 2010 in Fraud, Scams | Comments Off

That is exactly what Glenn Beck is attempting to do with what could be the biggest scam in the history of the world, which all centers around Cap and Trade (read “Cap and Tax is Back! … Former CEO of Fannie Mae; Investigated by SEC for vast accounting fraud; Used Fannie Mae (taxpayer money) to purchase technology for climate exchange market from CO2E, which was patented the day after Obama won the election; Walked away from Fannie Mae with $90 million in payments …

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Glenn Beck Crime Inc CCX Joel Rogers Obama Apollo Alliance The …

Oilseeds boost ADM quarterly profits

Posted on May 4th, 2010 in Economy | Comments Off

Archer Daniels Midland, one of the world’s largest grain traders and processors, reported a big boost in profits in the first three months of 2010 as it crushed more soyabeans

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Oilseeds boost ADM quarterly profits

Emerging markets fuel consumer goods groups

Posted on April 29th, 2010 in Economy | Comments Off

Three of the world’s largest consumer goods groups – Procter & Gamble, Unilever and Colgate-Palmolive – reported robust sales, led by strong demand in emerging markets in Asia and Latin America

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Emerging markets fuel consumer goods groups

Australia plans cigarette packet branding ban

Posted on April 29th, 2010 in Economy | Comments Off

Canberra is waging a battle against the world’s biggest tobacco companies by announcing a series of measures to crack down on smoking

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Australia plans cigarette packet branding ban

Ex-wheat broker charged with fraud

Posted on April 28th, 2010 in Economy, Fraud | Comments Off

A former wheat broker was charged with fraud in a case that cost its former employer, MF Global, one of the world’s biggest commodities brokerages, $141.5m in losses in 2008

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Ex-wheat broker charged with fraud

Senators attack Facebook privacy policy

Posted on April 27th, 2010 in Economy | Comments Off

At issue are plans by the world’s largest social networking site to share information with select websites and streamline its increasingly complex privacy settings

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Senators attack Facebook privacy policy

Buy-out firms prepare to float Nielsen

Posted on April 25th, 2010 in Economy | Comments Off

Nielsen, the world’s largest TV and consumer measurement company, will begin auditioning bankers next month for one of the largest US initial public offerings in recent years

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Buy-out firms prepare to float Nielsen

Amazon sales double in first quarter

Posted on April 22nd, 2010 in Economy | Comments Off

Amazon, the world’s largest online retailer, reported that its first-quarter sales almost doubled, increasing 46 per cent to $7.12bn.

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Amazon sales double in first quarter

IKB turns to lawyers over CDO losses

Posted on April 20th, 2010 in Economy | Comments Off

The main investor in Goldman Sachs’ controversial collateralised debt obligation deal is looking to bring a private lawsuit against the Wall Street bank, as banks and investors around the world examine whether they should do likewise

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IKB turns to lawyers over CDO losses

Goldman case likely to spur efforts on reform

Posted on April 16th, 2010 in Economy, Fraud | Comments Off

With the political focus on Wall Street days before a financial regulation bill lands on the Senate floor, the Securities and Exchange Commission hit the most famous bank in the world with fraud allegations

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Goldman case likely to spur efforts on reform

Swiss watchmakers wind up for a brighter year

Posted on April 15th, 2010 in Economy | Comments Off

After a dire 2009, this year has brought comfort to the world’s leading watchmakers, almost all based in Switzerland

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Swiss watchmakers wind up for a brighter year

Sinopec buys Conoco’s 9% stake in Syncrude

Posted on April 12th, 2010 in Economy | Comments Off

The third biggest US oil group agrees to sell its holding in Syncrude, one of the world’s biggest oil sands mining and synthetic crude processing sites, to China’s Sinopec for $4.65bn

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Sinopec buys Conoco’s 9% stake in Syncrude

Pfizer Caught Illegally Marketing Bextra, Feds Won’t Prosecute Because "Pfizer Too Big To Nail"

Posted on April 5th, 2010 in Economy | Comments Off

CNN Health has an interesting article detailing illegal marketing practices at Pfizer. However, government officials looked the other way because Pfizer too big to nail. Imagine being charged with a crime, but an imaginary friend takes the rap for you. That is essentially what happened when Pfizer, the world’s largest pharmaceutical company, was caught illegally marketing Bextra, a painkiller that was taken off the market in 2005 because of safety concerns. Internal company documents show …

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Pfizer Caught Illegally Marketing Bextra, Feds Won’t Prosecute Because "Pfizer Too Big To Nail"

Gains for US steel after ore price rise

Posted on April 2nd, 2010 in Economy | Comments Off

US steel products are poised to become more attractive on the global market in the wake of the sharp rise in traded iron ore – a development that has enraged makers of the metal elsewhere in the world, analysts say

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Gains for US steel after ore price rise

Citigroup’s Mr Fix-it takes step back

Posted on March 31st, 2010 in Economy | Comments Off

Bill Rhodes, the world’s foremost financial diplomat, is to leave full-time employment at the US financial group after 53 years spent largely dealing with foreign governments and banking crises

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Citigroup’s Mr Fix-it takes step back

Volvo’s heart will ‘remain in Sweden’

Posted on March 28th, 2010 in Economy | Comments Off

Li Shufu, chairman of Chinese carmaker Geely, vows to keep the brand’s manufacturing footprint in Europe but said the premium marque’s ‘power should be projected across the world’

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Volvo’s heart will ‘remain in Sweden’

YouTube website crashes

Posted on March 25th, 2010 in Economy | Comments Off

One of the world’s most popular websites was offline for more than an hour on Thursday

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YouTube website crashes