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World Stocks Stumbles on Italy Downgrade

The ratings agency S&P is out at it again. They have now downgraded the Italy’s rating. This has again caused ripples in the world stock markets. Plus, Greece is also in talks to tackle its debt, which doesn’t seems to be heading in the right direction. This has spread fear among investors that the current “recession” could spread out as ... Read More »

Yahoo Fires its CEO Carol Bartz!

Looks like Yahoo is not happy with its financial performance. Carol Bartz was appointed as the CEO of Yahoo after Yahoo was facing financial lethargy. Yahoo was hoping Carol Bartz would turn things around. After being the CEO for almost 2 1/2 years Bartz failed to make any significant change or impress the investors that she is sheering the company ... Read More »

Apple Stocks Loses Glamour on Steve Jobs Exit

The most valued company in the world seems to have lost its bling-bling, Steve Jobs. Naturally, its stocks took the damage and fell by 5%.  After closing at $376.18, Apple stock has fallen 5 percent to $357.02 as of 7:59ET, according to NASDAQ on Aug 24th. Today though it seems flat without much change. Steve Jobs resigned as Apple’s CEO ... Read More »

Boeing Dreamliner 747-8F gets Certified, Delivery expected this September

Boeing Dreamliner 747-8 is all set to be delivered to it customers this September after successfully receiving the Amended Type Certificate (ATC). The FAA granted Boeing an Amended Type Certificate (ATC) and an Amended Production Certificate for the 747-8 Freighter, while the EASA also granted the company an ATC for the airplane. With these certificates, the program is in the ... Read More »

New Euro Governance in Making?

The Continual slump in Euro economy with almost all European countries such as UK, Greece, Ireland, Spain, Portugal, France, German, Iceland, Portugal  in deeper debt crisis. France and Germany today have called for new economic governance which they term as true Euro Governance Speaking at a joint news conference, German Chancellor Angela Merkel and French President Nicolas Sarkozy urged much ... Read More »

Google buys Motorola Mobility for $12.5bn

Google’s founder and chief executive “Larry Page” has announced today 15th of August, 2011, the purchase of Motorola Mobility for $12.5 billion by 2012. With mobile wars going global, with Apple looking to sue all the other competitive companies for a possible copyright infringement,  its high time that Google has acquired a world popular Motorola. Its official that Google has ... Read More »