On Tuesday, a panel reviewing auditing processes at scandal-hit Olympus Corp said it found no violation of accounting guidelines in the handoff to the Japanese arm of Ernst & Young ERNY.UL from the previous auditor in 2009.
The panel was established by Ernst & Young ShinNihon LLC for looking into criticisms of the auditing process that [...]
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No guideline violations for Olympus
December 27th, 2011 
admin Wall Street Falls For 6th Day
December 15th, 2011 admin On Wednesday, U.S. stocks suffered a sixth straight day of losses as frustration over the euro zone’s debt crisis, coupled with weak Chinese factory data, to further dent investor sentiment.
With the leaders of France and Germany still at odds over a longer-term structural solution, a weak German bond sale sparked fears the debt crisis was [...]
Kingfisher’s Finances Revived Little By Mallaya
December 1st, 2011 admin The chairman of Kingfisher Airlines, Vijay Mallaya, provided little to revive its finances after India’s No.2 carrier by market share reported its quarterly loss doubled.
On Tuesday, Mallaya said Kingfisher had not asked banks to “take a haircut” but was looking for ways for minimizing the interest paid on its debt of $.3 billion and enhancing [...]
Posted in Business Marketing 
Tags: Indian carriers, Kingfisher, Kingfisher Airlines, Vijay Mallaya, working capital 
No Comments »Syria calls for Arab League meet
November 25th, 2011 admin Syria has called for an emergency Arab summit for preventing being suspended by the Arab League, but the organization said it would meet opposition.
Decision of the Arab League to suspend Syria and impose sanctions over its violent crackdown on eight months of protests infuriated Damascus and triggered attacks on Saudi Arabian, French, and Turkish missions [...]
Sketchy coalition deal sealed by Greece
November 19th, 2011 admin George Papandreou, the Prime Minister of Greece, has sealed a deal with the opposition on a crisis coalition to approve an international bailout.
The Greek PM, however, ensured that details remain thin despite an EU ultimatum for Athens to get serious about tackling its huge problems.
From news.yahoo.com:
With Greece due to run out of money in a [...]
Chevron Profit Rises 36 Percent
May 4th, 2011 admin The second-largest U.S. oil company, Chevron Corp, reported a larger-than-expected 36 percent rise in earnings on Friday.
The profits were attributed to oil price increases and improved refining along with global fuel demand.
From in.news.yahoo.com:
Oil company profits have been boosted by the jump in crude prices above $100 per barrel last quarter because of a growing need [...]
Metro to launch Website
April 5th, 2011 admin Metro, the free daily newspaper, is to expand its online presence with the launch of a major new website aimed at urban professionals.
The newspaper unveiled a major relaunch of its website, introducing more celebrity and real-life stories for increasing its appeal to readers and boost advertising revenue.
From Guardian.co.uk:
It will be updated four times a day [...]
Telecom firms gearing up for 3G telephony
February 23rd, 2011 admin Reliance Communications and Bharti Airtel have announced plans to introduce third generation (3G) phone services in some selected circles in the country, including Jammu and Kashmir.
Anil Ambani-led Reliance Communications was the first to announce that it was all set to launch the 3G service in Jammu and Kashmir, a sensitive border state that has more [...]
Chief of Marks & Spencer receives hefty pay plus bonuses
July 29th, 2010 admin Sir Stuart Rose, who steps down as Chief Executive of Marks & Spencer at the end of next month, has been receiving rewards accumulating to 140% increase in salary and bonuses despite lackluster performance of the group.
The outgoing boss was able to scoop a bumper £4.3m in pay and bonuses last year, which is a [...]
Posted in Business Marketing Tags: marketing, Marks & Spencer, share price, Sir Stuart Rose No Comments »Reviewallblogs.com awards Star of the Month – Upcoming Star – to Huge Database
June 11th, 2010 admin Huge Database is awarded the excellence award for its recent endeavors in the world of business and marketing. This site holds a lot of potential and is a must recommended site to visit for people of all ages.
Posted in Blogging, Business Marketing Tags: business, business and marketing, Huge Data base, Hugedatabase, marketing No Comments »
