You are currently browsing the Business & Financial News weblog archives for October, 2007.

Iran: France will not do without our power resources

France cannot do without the Iranian power resources. Such application has been made by the minister of a petroleum industry of Islamic republic.
Making comments on a recent appeal of Paris to the French oil-and-gas companies to refrain from investments into Iran, minister has declared, that oil and gas from their country remain too attractive to […]

Siemens is to be divided into three independent divisions

The largest German technological concern Siemens AG will be divided into three independent divisions within the current reorganization of the company. Divisions will be managed by separate chapters, who will be included into executive Siemens council. Such information has been given by the Siemens AG Chief Executive Officer Peter Loescher.
According to the plan of re-structuring […]

The US Senate has allocated $3 billion for creation of a wall between the USA and Mexico

The Senate of the USA has approved allocation of 3 billion dollars for construction of a wall on the Mexican-American border. 95 senators have for approval and one has voted against the Bill. However, the president of the USA Georges Bush has already declared that he will put a veto for the bill even if […]

Procter&Gamble can sell brands Pringles and Duracell

The American manufacturer of household chemical goods and the goods of hygiene Procter and Gamble Co. (P&G) considers an opportunity of sale of some brands. Such information has been represented today in the British mass-media.
According to anonymous sources, the company has involved investing fund Blackstone Group LP for possible sale of the brands showing low […]

Hi-tech sector’s shares have completely returned trust of investors

After dot-com crisis experts have started to take technological sector companies’ shares as risky and favorable securities. However, now on a background of last events in the world financial markets the majority of traders estimate them as rather stable and reliable.
Only for last three months companies’ shares in this sector have grown more than on […]

Japanese scientists have created a unique kind of transparent frogs

It is known, that we should be grateful for many anatomic opening not only to scientists, but also to ordinary frogs, which become victims of various researches and experiences. However, so severe attitude towards amphibious has already for a long time frightened animals rights defenders. In order to solve two problems at once - to […]