Business

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Bernard Madoff’s friend returned to defrauded investors 625 million dollars

Family 97-year old businessman Carl Shapiro (Carl Shapiro) – a longtime friend and business partner Bernard Madoff – agreed to pay the defrauded investors 625 million dollars, according to Agence France-Presse . On conclusion of the agreement Shapiro family on Tuesday,... (Continue reading)

Microsoft CEO sold shares for the first time in 7 years

Microsoft CEO sold shares for the first time in 7 years The head of Microsoft CEO Steve Ballmer for the first time in seven years has sold part of its stake in the company. informs BBC News. The cost of shares sold... (Continue reading)

Mail.ru Group Stocks rose by 30 percent in London

Mail.ru Group Stocks rose by 30 percent in London Shares of the company Mail.ru Group after posting on the London Stock Exchange (LSE) increased in price by more than 30 percent, reported AFP. If the original securities Mail.ru offered to investors... (Continue reading)

General Motors has become a 2010 leader in car sales in U.S.

General Motors has become a 2010 leader in car sales in U.S. According to the results in October 2010 concern General Motors became the leader in number of vehicles sold in the U.S.. GM sold 183.5 thousand cars – a four... (Continue reading)

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Wal-Mart’s new changes on profit-sharing with employees

Wal-Mart Stores Inc., the nation’s largest private employer, plans to end automatic profit-sharing contributions for its employees in a revamp of its benefits package that it says will give workers more chance to share in its financial success. The discounter will... (Continue reading)

Russian oil company Buying $1,8 billion of BP’s Assets

The Russian oil company TNK-BP will buy the assets of British BP in Vietnam and Venezuela for a total of 1,8 billion dollars. This is stated in the message of the Russian-British company. First $1Billion will be transferred to BP before... (Continue reading)

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Japanese Sekisui House building cheap cottages in Moscow suburbs.

The company Sekisui House Ltd, which is one of the largest construction corporations in Japan, plans to launch its first Russian project. the Japanese are building an economy class gated community in Moscow suburbs. Holding has bought a plot of 20... (Continue reading)

Google earned more than $ 7 billion Q3-2010

Google Inc. has earned in the third quarter of 2010, nearly 7.3 billion dollars. Revenues for the year of the Internet company rose 23 percent, according to a news release. Google’s net profit in July-September amounted to 2.17 billion dollars, a... (Continue reading)

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The Most influential person in the art is an Armenian-American Larry Gagosian

The Most influential person in the art is an Armenian-American Larry Gagosian

American gallery owner Larry Gagosian has topped the list of 100 most influential people in the world of art, by magazine ArtReview. Previously, Gagosian has already won first place in this ranking in 2004. List of bosses of the world... (Continue reading)

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2010 Leader in car sales in Europe is the Volkswagen Group

As a result of September 2010 the leader in car sales in Europe was  Volkswagen,  realized 262.6 thousand cars per month  - at 4.3 per cent compared to the same period last year. These data are presented in the report... (Continue reading)

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