January 22, 2014 2:17 pm
BHP Billiton Plc, which is one of the most successful diversified natural resources company, has announced strong increases in iron ore and metallurgical coal production for the final quarter of 2013. The company also shared that it believes its focus on financial discipline is one of the main reasons why it is put in a […]
Read moreJanuary 22, 2014 12:40 pm
The new Chief Executive Officer of BlackBerry Ltd has managed to disprove the skeptics expectations towards him and the company. According to the research firm Markit, the analysts negative forecasts have fallen to their lowest level in almost a year, thanks to the fact that the companys shares are at a four-month high. In addition, […]
Read moreJanuary 22, 2014 9:43 am
A seventh straight quarterly-sales decline was posted by the biggest provider of computer services in the world – International Business Machines Corp. (IBM) amid the increasing servers demand on the market. This forced the top executives of the company to forgo their annual bonuses for 2013. The company revealed in a statement that its fourth-quarter […]
Read moreJanuary 21, 2014 2:59 pm
Intel Corp. announced that it agreed to sell its online TV products and services development business unit to Verizon Communications Inc. The sum of the deal has not yet been announced. Although the counterparts did not disclose any of the terms of the deal, Intel was said by some media reports to be seeking about […]
Read moreJanuary 21, 2014 1:59 pm
Twitter Inc. has actually rarely mentioned that its user base is more racially diversified than Internet users in the U.S. as a whole. The company became public just recently and as such fell in the need to generate revenue, which is one of the main reasons why it is becoming more focused on capitalizing on […]
Read moreJanuary 21, 2014 12:41 pm
Cairn Energy Plc announced that it plans to spud nine exploration wells by the end of 2014. This is a part of the companys exploration campaign estimated to 400 million dollars, which is expected to make 2014 the busiest year for Cairn Energy in the last ten years. The companys Chief Executive Officer Simon Thomson […]
Read moreJanuary 21, 2014 10:55 am
Vivendi SA, which conducts operations ranging from music, games and television to film and telecommunications is currently preparing a spinoff of its French phone business SFR, people with knowledge of the matter who asked not to be named, reported. The company is also said to be considering a possible sale of the unit in question […]
Read moreJanuary 21, 2014 9:40 am
Samsung Electronics Co.s earnings report will be paid closed attention by investors this week as they look for any possible signs of weakness in the smartphone market, which may put an end to its streak of record results. Over the last two years, Samsung Electronics Co.s profits have been constantly powered by the strong smartphone […]
Read moreJanuary 21, 2014 8:56 am
West Texas Intermediate fell on Tuesday amid concerns a slowing Chinese economy will reduce oil demand in the country, the second biggest consumer after the US. The oil market was further pressured by the prospects of increasing Iranian crude exports after the Islamic republic fulfilled its initial nuclear commitments, a sign of its determination. Ongoing […]
Read moreJanuary 21, 2014 7:42 am
The largest oil company in Europe – Royal Dutch Shell Plc – announced that it has decided to sell its stake in a natural-gas project, which is based in Australia. The deal is estimated to 1.14 billion dollars in cash. Shell is expected to sell its 8% equity interest in the Wheatstone-lago gas field and […]
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