You are currently browsing the Business & Financial News weblog archives for March, 2008.
South-Korean motor-car manufacturer Hyundai Motor has informed, that since 2009 it will stert a batch production of cars with a hybrid power-plant.
Chairman of concern has noted that the company plans to begin serial release of ecologically safe cars in 2009. As he said, since 2012 the motorcar giant also plans to start manufacture of the […]
In January-February 2008 a gain of gross national product concerning January-February 2007 has made 7,8 % (in February 2008г. - 8,2 %). Such data has been represented in monitoring a macroeconomic situation in the Russian Federation for two months of 2008.
As it is marked in materials of the Ministry of economic development and trade of […]
American auto concern Ford has agreed to sell brands Jaguar and Land Rover to Indian motor-car manufacturer Tata Motors, such information has been given in the press release of the American company. The sum of transaction makes 2,3 billion dollars
According to the terms of transaction, Ford Motor will also list in a pension fund of […]
American software manufacturer Oracle Corp. has agreed about granting the revolved credit for the sum of 2 billion dollars.
The credit is given without maintenance. In materials Oracle submitted to the Commission under securities and stock exchanges of the USA (SEC) it is spoken that banks Wachovia and Bank of America act as the basic creditors.
The […]
Unpredictability of the world share markets has led to that the majority of investors began to invest the capital in raw actives, quite fairly believing, that they for some time become “silent harbor”.
However, it became clear, that the raw material also depends on world markets fluctuations. So, in the beginning of this week he price […]
The profit of mining giant Rio Tinto continues to grow on a background of sharp rise in prices practically for all raw materials. However, experts mark, that this news cannot be named good for BHP Billiton to which should raise the offer on purchase of the competitor.
Moreover, while BHP waits for approval of antimonopoly bodies, […]
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 […]
USÂ economy faces hard times now, but the American administration completely holds a situation under the control. Such application has been made by the president of the USA Georges Bush.
Bush has addressed to journalists. The president has noted that the USA has not the best times now, but the government undertakes all possible measures to deduce […]
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 […]
The lobby of the largest European companies has called to carry on the international negotiations, devoted to the stabilization of the currency markets as Eurozone’s national currency not in the best image affects profit of exporters.
The Chapter of European business organization BusinessEurope considers, that it is impossible to suppose passivity. Eurogroup should make the political […]
