Home
Things just keep getting better for speed freaks. Audi tuners MTM have come out with a 888bhp R8 engine powered car. Aptly named the Audi R888 it was highlighted at the Dubai Motor Show where it became a favourite. It was specially built for a...
1 Stars
0 Comments
Airbus said on Tuesday it expects at least 290 plane orders from the Dubai Air Show, raking in some $85 billion in announcements this week. Airbus S.A.S. is the civil aircraft manufacturing subsidiary of EADS N.V. (European Aeronautic Defense and...
Cognos, is to be acquired by I.B.M. for $4.9 billion. The takeover of Cognos, which is based in Ottawa, followed last month’s acquisition of the French company Business Objects, another maker of business intelligence software, by SAP of Germany...
The Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding. Being a central bank BOJ, is an entity responsible for the monetary policy of Japan. Its primary responsibility is to...
Wal-Mart has benefited from the credit markets in time of economic tension, but it caused a severe blow for the biggest home improvement chain, Home Depot. Wal-Mart Stores, Inc. is an American public corporation, currently the world’s largest...
Google’s $3.1 billion purchase of DoubleClick stands amidst controversy as European Commission competition authorities refused to approve the deal.The commission, which rules on antitrust issues for the 27 countries in the European Union, said...
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...
Bank of America Corporation will take a $3 billion debt-related write-down in the fourth quarter. A write-down means reducing the book value of an asset, because it is overvalued compared to the market value. This is usually reflected in the...
The European Central Bank holds displeasure with the euro’s rushed rise against the dollar. The bank’s president, Jean-Claude Trichet said,
In the recent period I have observed moves that I would say were undoubtedly sharp and abrupt....
Ben Bernanke the Federal Reserve Chairman said that most of economic problems in the U.S., including the severe housing slump, will cause business growth to slow noticeably in coming months.
Fed policymakers last week cut a key interest rate for the...
RSS
