Exxon an American sanctions casualty
The world’s third largest company by revenue, Exxon, says it is complying with US sanctions against Russia and is winding down operations at its...
Who is Jack Ma?
Jack Ma (in Chinese Ma Yun 马云), born September 10th, 1964, is today a Chinese mogul. He is Executive Chairman of a company –...
Telefónica agrees with Vivendi to buy GVT for $9.3 billion
Spanish telecoms giant Telefónica has agreed a cash-and-stock deal with France’s Vivendi to buy its Brazilian arm GVT for $9.3 billion (€7.24 billion), thus...
SAP Concur acquisition deal worth $8.3 billion agreed
An SAP Concur acquisition deal has been agreed. The German software multinational giant will purchase the American provider of travel and expense management services...
Larry Ellison replaced as Oracle CEO
After thirty-seven years at the helm, the fifth richest person on the planet Larry Ellison steps down as Oracle CEO. Mr. Ellison will become...
Scottish No vote lifts British pound
With the Scottish No vote posting 55% and the Yes camp 45% in the Independence/Union Referendum, the future of the United Kingdom is secure...
UK export orders fall significantly, says CBI
While manufacturing is doing well and expanding, UK export orders have fallen significantly, says the CBI’s latest Industrial Trends Survey involving 488 manufacturers across...
Irish economic boom is back
The Irish economic boom is back. The Republic of Ireland posted 1.5% GDP growth for the second quarter of 2014 compared to the previous...
Housing starts plummet in August
After jumping to a post-recession high in July, housing starts plummeted -14.4% in August, showing how fragile and haphazard the state of US home...
Update 1: European banks cool on ECB cheap loans
You would expect Eurozone banks to be lining up to take advantage of the ECB cheap loans which were offered today. The currency bloc’s...