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Reebok has been fined for ecologically harmful bracelets

Company Reebok, which is specializing on sportswear and footwear manufacture, will pay the penalty at the rate of 1 million dollars for distribution of the metal bracelets, which contain toxic level of lead, one of which has led to death of the 4-year-old child in 2006.
The company is charged with infringement of federal law on […]

Enel expects for further negotiations with E.On

Italian power company Enel SpA expects, that essential progress in negotiations on sale of actives to German E.On will be reached by the end of March, 2008.
Such opinion was expressed with head office of Enel. It has not been confirmed that the price of actives in Spain, Italy and France, Enel which sells together with […]

In 2007 net profit of E.On has grown on 29 %

Net profit of German power concern E.On has grown on 29 % - up to 7,2 billion euro in comparison with 5,59 billion euros, received year before. Such information has been represented in the financial report of the company, published today.
Sales volume of the company has increased for 7 % and has made 68,73 billion […]

UBS AG is to sale a part of actives

Swiss bank UBS AG still cannot recover from August of a level subprime credits crisis which has created threat of world financial system crash and has provoked mass in many markets.
Moreover, on March, 3rd 2007, analysts have warned, that the volume of write-offs of the Swiss bank can reach 15 billion dollars. On this background […]

BMW plans to dismiss 5,6 thousand employees

Up to the end 2008 German automobile concern Bayerische Motoren Werke AG (BMW) is measured to dismiss 5,6 thousand employees of the company. Such information has been represented in BMW’s personnel chief, Ernst Baumann’ application.
Reduction will concern 3,1 thousand constant workers, from them 2,5 thousand people are in Germany, and also 2,5 thousand are the […]

Sony and Sharp will create the joint venture for manufacture of LCD TV-sets

Japanese electronics manufacturers, company Sony Corp and Sharp Corp, have reached the agreement on creation of joint venture on manufacture of TVs with liquid crystal displays (LCDs). Such information has been given in the press release of the companies published today.
The exact volume of investments into construction of a new factory in the West of […]

Google co-founder: merge of Yahoo threatens Internet development

One of Google Inc. co-founders Sergey Brin has named offer Microsoft Corp. about merge of Yahoo as demoralizing maneuver, which threatens innovative development of the Internet.
He has repeated a position of the company, having declared, that this transaction threatens users and breaks the antimonopoly law.
Sergey Brin has pointed out that Internet developed and develops under […]

Net profit of Société Générale has decreased on 81,9 %

For 2007 net profit of French bank Société Générale S.A. has decreased on 81,9 % - up to 947 million euro in comparison with 5,22 billion the euros, received year earlier. Such information has been represented in the financial report of the company published on Thursday.
Proceeds of the Bank have decreased on 2,2 % and […]

Net profit of Danone has grown three times

In 2007 net profit of the world’s largest manufacturer of yoghurts Groupe Danone SA has grown three times - up to 4,18 billion euro in comparison with 1,35 billion euros, received  year before.
As it is informed in the financial report of the company, published today, for the accounting period Danone’s sales volume has increased on […]

Yahoo board of directors has refused from the transaction with Microsoft

Board of directors of company Yahoo! Inc., owning same the Internet-portal, has rejected Microsoft’s offer on merge for 44,6 billion dollars. As is informed in Yahoo press release, the offer of the giant “essentially underestimates” the company.
Let’s remind, that Microsoft has offered to buy Yahoo! for 44,6 billion dollars.  For each owner’s share Internet-portal Microsoft […]

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