You are currently browsing the Business & Financial News weblog archives for February, 2008.
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 […]
Ministers of Finance of G7 countries have called world oil exporters to increase volume of oil extracting. According to the information, containing in the communiqué, the rise in prices on oil reflects increase demand for it in the world.
Representatives of G7 countries have emphasized necessity of increase in productivity of oil refining factories and more […]
American Polaroid Corp. stops of one-stage process cameras manufacture. This technology in due time has appeared revolutionary; however, it has not sustained a competition to digital photo.
The company has declared about closing the factories in state of Massachusetts, Mexico and the Netherlands and reduction of 450 workplaces.
Polaroid will keep 150 employees and will concentrate on […]
The economy of Venezuela is extremely dependent on oil and differs by significant instability. The management of oil-and-gas branch of the country is carried out with two state organizations: the Ministry of Power and mining industry and national oil company PDVSA, which carries out practical activities, including a significant share of mutual relations with investors.
However, […]
The government of Germany has demanded from the manufacturer of mobile phones Nokia Oyj to return the state grant at the rate of 41 million the euro, received on financing of a factory, which now the company intends to close. The specified grants, which state bank NRW.Bank demands to return, have been given in 1998, […]
Airline Ryanair has been ordered to pay €60,001 (£45,000) in damages after the French president Nicolas Sarkozy and his new wife Carla Bruni sued the airline for using a picture of the couple in the advertising campaign.
Now the company, which is specializing in the low-cost transportations market, should pay monetary indemnification to a married couple. […]
Representatives American Internet-company Yahoo! Inc. try to agree with competing Google Inc. about cooperation for opposition to offer Microsoft Corp.
It has become known that management of Yahoo! considers that Microsoft’s offer is strongly underestimated.
Let’s remind, on February, 1st, 2008, Microsoft has offered to buy Yahoo! Inc. for each for 44,6 billion dollars. The owner Internet-portal […]
Venezuela and Ecuador have signed the agreement on joint construction of an oil refining factory in Ecuador in cost of 5,5 billion dollars.
Future oil refinery - the joint venture of state companies Petroecuador and Petroleos de Venezuela SA (PDVSA) - will be located in one of Ecuador provinces; its capacity will be made 300 thousand […]
Software developer Microsoft has offered to get Yahoo! Inc. for 44,6 billion dollars. As it has been informed in the company’s press release, corresponding offer has been directed to Yahoo board of directors.
Popular Internet-portal Microsoft offers to pay 31 dollars for each owner share, what is on 62 % above the market price of Yahoo! […]
