BUSINESS
Business news from around the globe
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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…
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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…
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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…
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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…
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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…
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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…
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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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