Sinowal Trojan
The Sinowal Trojan is a virus that is amongst the most advanced inventions of cyber crime. It infects your computer and you don’t even know it is there.
Hackers used it to steal crucial information about approximately 500,000 online bank accounts and cards (credit and debit). Read More…
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This post was written by Dana Ciucalau on November 3, 2008
Alitalia Aircraft
Alitalia, Italy’s national airline company, has been in a critical situation ever since two years ago. Several attempts have been made to save the company since then, and airlines such as Air France-KLM, Lufthansa and British Airways have been involved in the process. Read More…
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This post was written by Dana Ciucalau on November 2, 2008
Exxon Sign
Exxon Mobil strikes again. Between July and September they have made the highest profit an US company has made over three months.
For Exxon 2008 has been a very prosperous year, and they managed to get high profits even when the oil prices were continuously rising. Read More…
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This post was written by Dana Ciucalau on October 31, 2008
BMI Aircraft
British airline BMI, Heathrow second -largest airline, will be taken over by German airline Lufthansa.
Lufthansa already owns approximately 30% of BMI shares and now it will buy another 50% from Sir Michael Bishop, the airline’s owner. This deal will bring Lufthansa in close competition with Heathrow’s main airline, which is British Airways. Read More…
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This post was written by Dana Ciucalau on October 29, 2008
Porsche Logo
Porsche representatives have declared that they have raised their stake in Volkswagen to 42.6% and are hoping to own the majority package of shares in the European carmaker.
Porsche already owns 35% of Volkswagen, which makes them the biggest shareholder already, but they want to buy even more. Still, they do not wish to create a merger. Read More…
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This post was written by Dana Ciucalau on October 27, 2008
Ryanair Aircraft
Low-cost company Ryanair had about 70 flights from and for Valencia, Spain. They had 750,000 passengers a year and several hundred people were collaborating with them.
All the flights towards the 10 European destinations will be cancelled starting the 4th of November.
The closing of the Valencia base comes as a result of a lack of agreement between Read More…
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This post was written by Dana Ciucalau on October 26, 2008
Sandisk Logo
After six months of negotiations and waiting, Samsung Electronics had decided to put an end to the Sandisk buying process, seeing that the US flash memory card producer has not yet accepted the price they were offered.
Sandisk, based in California, saw the 26 dollars a share price as too low, and did not accept it, although the total amount would have been of 5.9 billion dollars. Read More…
(2 votes, average: 5 out of 5) Loading ...This post was written by Dana Ciucalau on October 23, 2008
Exelon Nuclear Power Plant
Exelon Corp. has offered 6.2 billion dollars in stock to purchase the New Jersey based NRG Energy. This buy would mean a great territorial expansion for Exelon Corp., based in Chicago; also, their merge would create a company whose value would sum up to over 60 billion dollars.
NRG officials have not yet reacted to this unsolicited buy proposal, but it seems that they are not very thrilled about it.
Exelon Corp. operates under the environmentally friendly principle and Read More…
(4 votes, average: 3.75 out of 5) Loading ...Posted under Business, Deals, Environment
This post was written by Dana Ciucalau on October 20, 2008
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