Investment bank Morgan Stanley has announced today that it plans to expand its carbon trading business through a $3 billion investment. This includes projects working on reducing greenhouse gas emissions.
This is a significant move towards the...
Archive - October 2006
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France's airplane maker and Boeing's rival Airbus Industrie has clinched a multi-billion Chinese order. Under the agreement, Airbus will sell China 150 Airbus A320 planes. Some of those planes would be assembled in China in a factory at the northeastern...
As we reported earlier, Jeffrey K. Skilling, ex-CEO, Enron, could have well broken the record for the longest prison sentence ever received for corporate fraud.
However, that didn't happen as he fell shy of the 25-year long sentence by a whisker. He...
Last month, advertisers filed a new lawsuit in Pennsylvania seeking class-action status against Google for overcharging them. On the wake of this, the FBI, the Securities and Exchange Commission and the U.S. Postal Inspection Service are investigating...
Jeffrey K. Skilling, the former CEO of Enron faces judgment day today for his role in the massive corporate fraud that brought the behemoth down. Many expect that the 52-year-old Skilling will get a sentence so long that it would virtually mean spending...
On Oct 9, we reported that Tata Steel was poised to bid for Corus, the Anglo-Dutch steel company for $9.3 billion.
On 18th the Corus board accepted a slightly lower bid than the previously speculated amount for $8.1 billion. This marked the largest...
Apple has warned that some video iPods have become vectors of a Windows virus. Apple says that a handful of video iPods sold after September 12 this year are carrying the RavMonE virus. Apple says that it has so far received fewer than 25 reports from...
Mobile company Orange's broadband services suffered a nationwide outage in UK today. Thousands of users have complained since Monday afternoon about being unable to connect to the internet.
Orange has since confirmed the nationwide outage of its...
When it comes to the richest persons, women hardly figure amongst the top in the list, and even if they are there at all, most of them are there because of rich inheritance.
The story is different in China though. The sustained economic boom for...
India might be basking in IT glory these days and showcasing the IT talents its young population has to offer the world. Almost all big names in the software industry right from Microsoft, Sun Microsystems, Oracle etc has droves of Indians working in...
Companies are taking advantage of the emotions tied with motorcycles to sell products they do not manufacture or even if the company manufactures bikes, it using it to sell other products from its stables.
Earlier, Chrysler Group used motorcycles in...
One thing that remains to be seen with Google's recent buy of Youtube, is how the advertising behemoth is going put advertising in Youtube videos. There seem to be two options:
1. Google may put ads before the video rolls and ends. This may upset...
India largest private sector steel company Tata Steel, which is a part of the Tata conglomerate is close to offer a $9.3 billion takeover bid for Corus, the Anglo-Dutch steel company. If everything goes according to the Tata plans, the takeover by the...
Microsoft has released the last trial version of Vista for developers and beta testers before it releases the finished product. It is available for download to TechNet and Microsoft developer network members.
In his letter thanking testers for their...
With the Vista release scheduled in January, Microsoft is doing the logical but unbelievable. Given the history of attacks on Windows OS, Microsoft seems to be taking no chance with Vista and is willing to speak to anyone, yes ANYONE they think can help....
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