After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.
Sectors
Sale of Bulgaria's Doverie under cloud of doubt
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
Bosox owner buys Boston Globe
John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.
Berkshire Hathaway reports record earnings
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
SpiceJet board approves CEO resignation
SpiceJet has accepted Niel Mills' filing for resignation as CEO of the budget carrier. Indian budget carrier SpiceJet announced today that it accepted its chief executive officer's resignation request.
Latest News
Seair announced today that Jim Laird is its newest chief financial officer. Proprietary technology and gas diffusing equipment developer Seair Incorporated announced today that it named Jim Laird as its latest chief financial officer.
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.
The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
The stocks of LinkedIn surged up to 10% today even with trailing revenue projections. Today, LinkedIn stocks rose up to 10% after the company reported its second quarter earnings.
In the company's latest shareholders meeteing, new officers were elected and new provisions were approved.
