Archive for May, 2008
United Airlines and US Airways have postponed merge
31 May 2008The chapters of United Airlines and US Airways Glenn Tilton and Douglas Parker have officially postponed plans on creation of the incorporated world’s largest airline, having declared, that merge will not occur “this time”.
The application has been made after a meeting of heads of both companies.
Earlier Chicago United Airlines and US Airways considered an opportunity […]
Subprime crisis is favorable to the consulting companies
30 May 2008Almost already a year has passed after in the world markets crisis of credits of a level subprime, which has created threat of world financial system collapse has burst and has put US economy to recession. Till now the majority of the companies cannot recover from losses and continue to incur losses.
Consulting industry is the […]
Expensive oil strengthens political instability
29 May 2008The world prices for oil continue to update the records. The large countries - oil-manufacturers are quite satisfied: incomes from oil export have surpassed their most courageous expectations.
However, finer oil exporters are frightened, as the poor countries with huge stocks of oil more often simply are not able to dispose of such huge incomes. Moreover, […]
EU has eliminated obstacles for the beginning negotiations with Russia
26 May 2008Ministers for Foreign Affairs of the European Union (EU) have approved the mandate on the beginning of negotiations under the new cooperation agreement with Russia. Such information has been proved by representatives of Slovenia presiding in EU.
Agreement upon this question, actually opening a way to discussion of the new contract between Bruxelles and Moscow, has […]
Brewers get prepared for the largest in history merge
24 May 2008On informal data, Belgian brewing company InBev plans to get Anheuser Busch for 46 billion dollars.
It is informed, that the Belgian company will offer 65 dollars for each Anheuser Busch’s share. At the moment official sources have not confirmed the given information.
Belgian InBev - is the largest on size in the world brewing company. The […]
Eurocommission has startted investigation against Gaz de France
22 May 2008European Commission has begun detailed check of activity of French state power company Gaz de France for conformity to the antimonopoly law. It is spoken in widespread today, on May, 22nd, message of Eurocommission.
According to the Commission’s application, the degree of domination Gaz de France in the power market of France causes serious concern. Check […]
Citigroup can sell bank division in Germany
18 May 2008The largest bank in USA Citigroup Inc. considers an opportunity of sale one of its divisions on rendering retail bank services in Germany Citibank Privatkunden AG and Co. KgaA.
Nevertheless, no decision on the further destiny of division has been accepted yet.
The sources close to Citigroup, prove, that the Deutsche Bank is considered by management Citigroup […]
High inflation forces Europeans to cut down expenses
16 May 2008The European Union has for a long time been considered as commonwealth of 27 stably developing states with a good parameter of gross national product and low rate of inflation. From year to year salaries of Europeans grew, and their purchasing capacity grew in this connection.
However now, on a background of a sharp rise in […]
HP and EDS: merge will urge consolidation in IT-sector
13 May 2008World’s largest personal computers’ manufacturer - American company Hewlett-Packard - will get Electronic Data Systems (EDS) for 13,9 billion dollars. Such information has been represented in the press release of the company.
Experts assure that this transaction will urge consolidation in IT-sector, as after occurrence of the incorporated company small firms become simply noncompetitive, and transactions […]
Venezuela and China will make oil in Orinoco
11 May 2008Venezuela and China have signed the agreement on creation of joint venture on an oil recovery in the river basin of Orinoco.
The joint venture Venezuelan Petroleos de Venezuela SA (PDVSA) and Chinese China National Petroleum Corp. will deliver the extracted oil on the future oil refining factory in China, construction of which has been also […]
