Archive for the Category ‘Business’

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 [...]