BUSINESS

Business news from around the globe

Kiciloff in Spanish-Argentine stand-off

Kiciloff in Spanish-Argentine stand-off

On Monday, President of Argentina, Fernandez de Kirchner announced the controversial state takeover of the largest oil company of Argentina YPF…
Spain threatens Argentina with a trade war

Spain threatens Argentina with a trade war

At a government meeting this week, the President of Argentina, Cristina Fernandez de Kirchner announced the nationalization of the YPF…
Chevron accused of “environmental crime”

Chevron accused of “environmental crime”

After Chevron’s oil spill at Campos Basin in November 2011, Brazilian authorities have been taking tough measures against the foreign…
Japan and Angola to avoid Iran

Japan and Angola to avoid Iran

In the midst of an ongoing diplomatic warfare between the United States and Iran, triggering a set of economic sanctions…
U.S. urges Bulgaria to diversify its energy supplies

U.S. urges Bulgaria to diversify its energy supplies

Secretary of State Hillary Clinton was on a tour to Sofia end of last week, talking economy and politics with the…
Facebook files for Internet’s biggest IPO

Facebook files for Internet’s biggest IPO

The largest social networking site, Facebook filed for an Initial Public Offering on February 1, seeking to raise as much as…
Azerbaijan and Turkey planning to build a Trans-Anatolian gas pipeline

Azerbaijan and Turkey planning to build a Trans-Anatolian gas pipeline

  In the midst the discussions on construction of a pipeline to transport natural gas from the Caspian Basin to…
BA is set to acquire BMI

BA is set to acquire BMI

International Consolidated Airlines Group SA (IAG) which owns British Airways (BA) and Iberia Airlines signed a deal to purchase British Midland…
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