Archive for the Category ‘Business’

Hong Kong Stocks Witness Rise, China Resources Land Makes Advancement

Hong Kong Stocks Witness Rise, China Resources Land Makes Advancement

JULY 6, (PRINTWORDS NEWS)- Hong Kong stocks witnessed a rise in the recent stocks after facing a major halt for over four days. Also moving ahead in the game were Chinese developers with huge sales figures. Central Huijin Investment Ltd finally announced its decision to accept the Bank of China Ltd. rights offer. On the [...]

Amazon.com Buys Woot!

Amazon.com Buys Woot!

July 1, (PRINTWORDS NEWS) On Wednesday Amazon.com Inc said to media sources that it has signed an agreement to acquire the online store Woot.com. However, the company did not disclose the sum that it has paid to the company. The Amazon said in its statement that the latest acquisition would keep in mind the long-term [...]

Tony Hayward Enjoys Weekend Yacht Outing In England

Tony Hayward Enjoys Weekend Yacht Outing In England

June 21, (PRINTWORDS NEWS) Tony Hayward the Chief Executive Officer of the British Petroleum which is going through its worst crisis ever due to the Gulf of Mexico oil well leak that is spewing gallons of oil everyday into the sea, has yet again angered the lawmakers of the Capitol Hill and the residents of [...]

Gazprom Restricts Gas Supplies To Belarus After Talks Fail

Gazprom Restricts Gas Supplies To Belarus After Talks Fail

Moscow, June 21, (PRINTWORDS NEWS) In a rather alarming development in the on-going dispute between Russia and its neighboring countries, on Monday Russian President Dmitri A. Medvedev has asked the country’s gas export monopoly, Gasprom to cut the deliveries of gas supply to Belarus. The decision was taken by the Russian President after Belarus failed [...]

China Announces “Flexibility” In Its Yuan Policy

China Announces “Flexibility” In Its Yuan Policy

June 21, (PRINTWORDS NEWS) – In a drastic turn around, European shares climbed for the ninth session on Monday after China agreed to allow more flexibility in the yuan exchange rate. According to reports, in a span of two days when China announced that it will allow more flexibility in the country’s currency rate, its [...]

Bob Dudley To Replace Tony Hayward Soon As Chief Executive Officer Of BP

Bob Dudley To Replace Tony Hayward Soon As Chief Executive Officer Of BP

June 19, (PRINTWORDS NEWS) It seems that the British petroleum is in no mood to mess up anything more regarding the Gulf of Mexico oil spill. After the recent hoard of apologies that the executive officers and the Chairman of the company had to issue due to some controversial statements uttered by them, it is [...]

Advertisement