Google is currently on an hiring spree in China to win confidence of advertising agents and partners by means of a larger presence.

In January, Google decided to (more…)

Popularity: unranked [?]

Chris Huhne, the current UK energy minister has warned that UK has a very high chance of facing an energy crisis in the next decade itself. The crisis may lead to harsh economic blows, he added. (more…)

Popularity: unranked [?]

One of the biggest corporations of the world and the biggest among the oil super majors, Exxon Mobil Corporation has announced stellar result for its second quarter of 2010. The company earned $7.56 billion, double the profit during the last year in this time period. (more…)

Popularity: unranked [?]

Siemens, the German engineering giant, saw its quarterly profit by 9% over the same time period from the last year to $1.9 billion in this quarter. The company stated that higher growth of sales in emerging markets such as China (14%) and India (23%) along with a weak Euro has helped it grow despite a decline in Europe. The company although reported 9% higher sales in Germany. (more…)

Popularity: unranked [?]

Tony Hayward, the chief executive at BP, is expected to leave the oil major and is in final stages of negotiating his exit from the super major oil corporation. He is expected to be replaced by Bob Dudley, who is currently in charge of the clean up at Gulf of Mexico. (more…)

Popularity: unranked [?]

With strength in the fast food and new frappes and drinks in its McCafe menu, McDonald’s saw an increase of 12% in its net income for the second quarter.

The company has been able to attract US diners to its stores despite the recent recession by having a value menu with cheap fast food. (more…)

Popularity: unranked [?]

After scooping Tapulous, a company selling games for iPhone recently, The Walt Disney Company bought Playdom, a social gaming firm for $763 million to become the leader of social gaming in Hollywood and making it clear that Disney is betting on the simple and casual games popular among all players rather than highly complex games such as for PS3 and Xbox. (more…)

Popularity: unranked [?]

The SEC chairwoman, Mary L. Schapiro, has announced in the press after a Senate hearing that SEC is looking into more cases in relation to the financial crisis in 2008. The announcement comes after a $550 million settlement of SEC with Goldman Sachs. (more…)

Popularity: 1% [?]

Conard Black, a former media magnate who was convicted in 2007 on the charges of fraud against the shareholders of his company, has been given bail on a bond of $2 million. The money is expected to come from a business friend according to the lawyer of Mr Black. (more…)

Popularity: unranked [?]

China has overtaken US to become the largest consumer of energy in the world according to International Energy Agency (IEA). The agency based in Paris is among one of the most influential voices in the energy industry. (more…)

Popularity: unranked [?]