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Politics may impact on Chevron’s US $1.24 bln energy deal with Argentina

The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.


Dialog Semiconductor reports two-month record high after strong iPhone sales

Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.

Federal Reserve says GMAC Mortgage will pay USD 230 million to borrowers

The Federal Reserve said that Ally Financial Inc.'s GMAC Mortgage will pay a total of USD 230 million to borrowers as settlement for handling foreclosures improperly.

Defense says Cohen not aware of employees' actions in SEC civil case

SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.


Latest News

Facebook's CEO Mark Zuckerberg increased his net worth after the company's stocks jumped yesterday.
Zynga planned to abandon real-money gaming, which upset investors. Zynga planned to abandon its plans for real-money gaming in the US. Gambling with real money is illegal in the country.
According to analysts, venture capitalists must add LinkedIn stocks to their portfolios and benefit from one of the internet's great opportunities.
To expand the country's mobile phone infrastructure, Ethiopia signed a US$1.6 billion deal with two Chinese firms.
Huawei announced that its revenue growth increased for this year. Chinese information and communications technology solutions provider Huawei Technologies Co.
During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.
Microsoft would use solar power and white space for the cheapest broadband in South Africa. Microsoft South Africa would finance a new trial that would provide internet connectivity.
Local governments that filed for Chapter 9 did not exactly have happy endings. Detroit officials may be hopeful that their Chapter 9 bankruptcy filing will ultimately strengthen their economy, but history has shown otherwise.
Apple's smartphone market share decreased as Huawei's hold of the global industry increased.
Microsoft was advised by analysts to focus on its crucial product and stop steering at different directions.