You are currently browsing the Business & Financial News weblog archives for February, 2008.
Published on the eve not-audited financial parameters of Ð¥5 Retail Group for 2007 have turned out not so successful for the company. Profitability of total profit and pure profitability have decreased to 26,4 and 2,65 % accordingly. Low parameters became payment for aggressive capture of a share in the market and too high rates of […]
The price of OPEC’s oil “basket” has for the first time exceeded a mark of 95 doll./barr. As of February, 27th, it has made 95,20 doll./barr. and it became its new record.
In comparison with the last day “basket” has risen in price for 1,11 dollars, and the has exceeded previous record on 97 cents. We […]
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 […]
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 […]
Venezuelian president Hugo Chavez considers, that 100 dollars is “the fair price” for barrel of oil. As Associated Press informs, he has made such application in the television reference to inhabitants of the country.
Hugo Chavez has promised that in the nearest future the price will not decrease cardinally. the Venezuelan president has declared that his […]
The Economic Cycle Research Institute (ECRI) experts consider that the economy of the United States can still avoid recession.
The weekly index of the future economic growth (Weekly Leading Index, WLI), data about which has been published by institute, has decreased, and rates of its decrease in annual calculation have reached levels, characteristic for the periods […]
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 […]
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 […]
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 […]
Asian oil refining factories gradually pass to use of high-sulfur crude oil, which is considered cheaper and less suitable for gasoline manufacture. It is supposed, that in the near future Asian refining factories will increase volumes of processing of this kind of oil on 40 %.
Moreover, experts assure, that in the nearest decade demand for […]
