Here's a shocker(or is it really): A $300 million, super-sized luxury airplane, bought by a Saudi Arabian billionaire.
Once done, the Airbus A380, the world's biggest passenger plane, will be a "flying palace" for Prince Alwaleed bin Talal, the...
Archive - November 2007
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Bindeez and Aqua Dots toys have been a big hit in the US, Australia, South Africa and several other nations. Recent reports claiming that they are contaminated with GHB - chemical linked to date-rape drug (a powerful sedative when swallowed) have...
Sub-prime crisis in the US has taken its toll in the markets around the world. Several top American firms are facing some tough times. CEOs are bearing the brunt of investor's ire. One such man Charles Prince - Citigroup's top man who resigned on...
This was one industry Vijay Mallya had not dabbled yet. The world's oldest and 2nd largest scotch-whisky brewer has been a politician, is into aviation business, collects vintage cars, has business interests in racing, horse breeding, hotels etc....
Microsoft has fired its chief information officer, Stuart L. Scott, for violations of company policies. Microsoft declined to give the exact reason for the dismissal.
'Stuart Scott's employment with Microsoft was terminated after an investigation for...
Executives on Wall Street may be the latest victim of the subprime mortgage collapse and the tight credit market. Bonuses are expected to go down by at least 15 percent.
Wall Street is a city street in lower Manhattan in New York City in the United...
Robert E. Rubin, who was named Citigroup's chairman after the departure of Charles O. Prince III, has moved quickly to deal with the turmoil that has engulfed the banking giant. He expressed the board's commitment to Citigroup's dividend, its existing...
Visa is to pay $2.1 billion to its credit card rival American Express to settle damages relating to a 2004 antitrust lawsuit. The Visa International Service Association or VISA of San Francisco, California, USA, commonly called VISA, is an economic joint.
It has been the norm of the Indian auto industry to import completely knockdown kits (CKDs) from countries like Japan, Germany, Italy etc and assemble them here for the local market. It was only Japanese automaker Suzuki who entered into India in a...
Ford Motor Company, which made a whopping $12 billion loss last year and has mortgaged its assets, including its blue oval logo to fund its turnaround is looking to its workers to regain back its position. The workers of the company are expected to...
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