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Maersk Raises Full Year Earnings Forecast

Maersk Raises Full Year Earnings Forecast

Denmark’s A.P. Moeller-Maersk, the largest container ship operator and supply vessel operator in the world has returned to profit in the first of this year and has raised its outlook… Read more »

Default Retirement Age Of 65 To Be Scrapped In UK

Default Retirement Age Of 65 To Be Scrapped In UK

UK government is planning to scrap the fixed retirement age from October 2011 in order to encourage people to work longer. Currently, employers have the right to terminate staff at… Read more »

Fall In LG’s Second Quarter Profits

Fall In LG’s Second Quarter Profits

Seoul based LG Electronics Inc has reported a revenue loss of 31 % to 3.38 trillion won, for the second quarter in its handset division; sales of handsets rose 2… Read more »

Corporate Results and Economic Reports Seem Favorable For US Stock, Though Data Ahead Can Be Potentially Perilous

Corporate Results and Economic Reports Seem Favorable For US Stock, Though Data Ahead Can Be Potentially Perilous

Corporate results in the coming days can be expected to be favorable for the US stock market. The results, however, can also place the stock market in an uncertain position…. Read more »

Dell Agrees To Pay $ 100 Million To SEC

Dell Agrees To Pay $ 100 Million To SEC

Dell Inc has agreed to pay about $ 100 million to the Securities and Exchange Commission (SEC) to settle a fraud charge. The federal agency has charged this penalty as… Read more »

BP Oil Turmoil: The Cap Confusion

BP Oil Turmoil: The Cap Confusion

The BP oil spill is the largest offshore spill in the US history. To avoid further oil and gas seepage, a containment cap was introduced last week. The situation is… Read more »