You are currently browsing the Business & Financial News weblog archives for May, 2007.
Authorities of Saudi Arabia have decided to conduct rigid struggle with street racers who arrange races in streets of cities. Henceforth recklessness at the wheel which will entail death of the person in case of road accident will be considered by the court not as the accident, but as conscious murder. The punishment for such […]
The second-largest manufacturer of commercial passenger planes in world Boeing Co. has received the order for 11 planes 787-8 Dreamliner and 50 planes Boeing 737 following generations from the largest in the Europe tour operator TUI AG. Boeing representatives have informed on it today.
The catalogue price of the ordered planes makes nearby 4,7 billion dollars. […]
German-American auto concern DaimlerChrysler has named the buyer of unprofitable American division Chrysler. As well as some experts assumed, it has appeared the investment company from USA - Cerberus.
In the application of the company it is spoken, that the price of 80-percent share in Chrysler will make 5,5 billion euro.
Besides Cerberus investment group Blackstone, the […]
Russia, Kazakhstan and Turkmenistan have signed the Declaration on development of gas-transport capacities in the Central Asia. Till September, 1st, 2007, it is planned to prepare the cooperation agreement on construction of the Near-Caspian gas main.
Realization of the project will be started in the second decade. It is supposed, that the pipeline will pass along […]
Kuwaiti oil minister Sheik Ali Al-Jarrah Al-Sabah predicts that the Organization of Petroleum Exporting Countries (OPEC) will be under the pressure from consumers of raw material, which are planning to increase extraction, to reduce the prices for oil. Not having specified, from whose party the pressure is expected, the minister has told that OPEC will […]
Employees of company Kia are accused of industrial espionage - according to the investigation, nine Koreans transferred the information on cars manufacture of mark Kia to the representatives of China. According to Public Prosecutor Office employees, spies have managed to steal 57 classified documents which are connected with the “know-how” of cars.
Recently the court on […]
The Great Britain has shown the project of a new nuclear submarine. HMS (”her majesty ship”, a traditional designation of the British military fleet ships) Astute becomes the largest and powerful submarine in the British Naval Forces. It is capable to round globe, never having emerged, and its engine is calculated on 25 years of […]
The present situation in the urgent market of precious metals can be characterized by the further increase of the prices for gold. So, its official price for the Commodity exchange of New York (COMEX) has raised in third time successively and for the first time for 14 days has exceeded the level of 690 doll./ounce.
The […]
Australian air carrier Qantas Airways Ltd. has declared, that studying of the offer on merge to consortium Airline Partners Australia (APA) for 11,1 billion Australian dollars (9 billion dollars) is stopped.
It is connected with the today’s decision of Committee on merges and absorption of Australia, which has refused to consider APA’s offer. Nevertheless, APA has […]
The basic index of the Venezuelan share market has fallen to 2,74 % after the president of country Hugo Chavez has declared the intention to nationalize commercial banks. Thus the index of the financial companies has lowered on 3,12 %. BBVA Banco Provincial (-4,5 %), belonging Spanish Banco Bilbao Vizcaya Argentaria SA, and also Mercantil […]
