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Reports of the Work Department have shown 240,000 American citizens have lost their jobs only in the past month of October, increasing to over 1,2 million the number of unemployed in the US only from the beginning of 2008.
Unemployment rates have thus increased from 6,1% in September, Read More…
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This post was written by Dana Ciucalau on November 7, 2008
Yahoo Offices
Google has announced they will no longer go ahead with the advertising partnership with Yahoo that they were negotiating on.
The discussions started this June, after Microsoft had announced they do not want to buy Yahoo anymore.
As consequence, Yahoo went to Google with the proposal of an advertising partnership, which meant that Yahoo would be displaying Google’s ads. Read More…
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This post was written by Dana Ciucalau on November 6, 2008
People Bidding at a Christie's Auction
If anyone needed one more piece of evidence that America is going through an economy crisis, they have it now.
The latest painting auction organized by the New York auction house Christie’s has been a major disappointment. Read More…
(No Ratings Yet) Loading ...This post was written by Dana Ciucalau on November 6, 2008
Mastercard Logo
Mastercard, one of the world’s most important credit card providers, has suffered a loss in incomes for this year’s third quarter, due to legal charges.
The company had to pay approximately $515 million to rival Discover Financial Services on accounts of an anti-trust settlement. Read More…
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This post was written by Dana Ciucalau on November 6, 2008
UBS Switzerland
UBS, the largest bank in Switzerland has issued its quarterly financial reports.
Analysts were surprised to see that the bank had reported a profit, after having suffered losses every quarter of the past year. Read More…
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This post was written by Dana Ciucalau on November 5, 2008
Check-in Desks on Terminal 5, Heathrow Airport
London Heathrow’s newest and biggest terminal, T5, was officially open in March 2008.
Destined exclusively for British Airways flights and passengers, T5 is, architecturally speaking, a great creation.
The problem is architecture cannot run itself and has to let people do it. And that is how a great terminal turns into a great disappointment. Read More…
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This post was written by Dana Ciucalau on November 4, 2008
Ryanair Aircraft
Low-cost airline Ryanair is setting up a major cheap seat campaign: US flights for only 10 euros (£8) each.
On Monday, the company will announce its financial situation for the third quarter and will also give more details on their latest campaign. Read More…
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This post was written by Dana Ciucalau on November 3, 2008
Saddam Hussein's Yacht
Iraqi authorities are about to sell late leader Saddam Hussein’s yacht the following days.
The Iraqi government has just won a legal battle with a Jordanian company that seemed to be claiming the yacht belonged to them. The company, partly owned by King Abdullah of Jordan, said that the yacht had been given to them as a gift. Read More…
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This post was written by Dana Ciucalau on November 3, 2008
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