We want to talk to you about why your customers’ successes, triumphs, and positive results are SO important for your business. The fact is, even if your web site is full of great sales copy and photos that illustrate all the fabulous features and benefits of your product or service, your potential... [Read More]

us US Republicans planned sharp cuts to foreign aid and education on Wednesday, while Democrats weighed a tax hike on millionaires, highlighting the yawning divide between the two parties in the budget debate. * Democrats weigh 3 percent tax hike on millionaires * Republicans target foreign aid, education... [Read More]

oil WestFire Energy Ltd and Orion Oil & Gas Corp. Announce Strategic merger, WestFire Energy Ltd and Orion Oil & Gas Corp. jointly announced that they have entered into an arrangement agreement (the Arrangement Agreement) whereby WestFire will acquire all of the issued and outstanding shares... [Read More]

cisco NEW YORK: Cisco Systems Inc, the world’s largest maker of computer networking gear, said that it’s set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again. Cisco’s sales rebounded from the recession, but then started stalling in the middle... [Read More]

cdn-dollar OTTAWA – Non-residents added a further $9.6 billion of Canadian debt and equity instruments to their holdings in December for an annual investment of $116.2 billion in 2010, led by Canadian bonds.   Statistics Canada reports Canadian investors sold $1.9 billion of foreign securities... [Read More]

Bank of England LONDON  – The Bank of England paved the way for a rate rise before the end of the year on Wednesday after it predicted higher inflation for the coming years, despite a slower-than-expected recovery. Reuters   Sterling jumped to a session high near $1.65 and gilts tumbled as... [Read More]

Hines-Global-REIT-stakes-out-Sheremetyevo-logistics-park Hines Global REIT stakes out Sheremetyevo logistics park   U.S. based Hines Global has purchased the FM Industrial Logistic Park in Moscow, for an undisclosed sum from AIG European Real Estate Partners, the first Russian asset for the Real... [Read More]

Euro volatility, inflation and Russia With the Euro losing ground on investor concerns about the debt problems in Greece, Ireland and Portugal, Business RT spoke with Evgeny Nadorshin chief economist at AFK Sistema about the factors at play and the implications for Russia. RT:  What are the main factors... [Read More]

The majority of business transactions today are conducted online, which in turn has caused computers to become household necessities. But as the internet continues to flourish, the rise of internet crimes seems endless. With the emergence of computer malware such as viruses, worms, spyware/adware... [Read More]

banking-system Banking system under stress After a central bank stress test of the Russian banking system revealed that half of the banks tested were undercapitalized Business RT discussed the findings with Natalia Orlova, Chief Economist at Alfa-Bank. RT: What have the stress tests told us about the... [Read More]

US Stock Exchange The killing of Osama bin Laden, the mastermind of the 9/11 terror attacks that hit at the heart of the U.S. financial district, killed thousands and shut down the New York Stock Exchange for four days, is likely to provide a short-term psychological boost to financial markets and a... [Read More]

financial ETF Securities, one of the pioneers of the exchange-traded funds industry, which launched the first gold ETF in 2003, is lining up a potential $1 billion share listing, in the latest sign of euphoria in the sector.   Investment bankers said the ETF provider, which has $28 billion of products... [Read More]

dow-jones The Dow Jones and the S&P 500 Index marked six consecutive gains for the month of April. More than 80% of 300 companies of S&P 500 reported results have either met or exceeded expectations. The Dow Jones Industrial Average ended up 47 points or 0.37% at 12,810 on Friday. It was up 2.4%... [Read More]

return-on-equity U.S. companies, earning more from investments in plants and labor than any time in the last decade, have yet to reap the benefits in their stock valuations. Return on equity at International Business Machines Corp. has risen to 68 percent this year from 24 percent in 2005 after the Armonk,... [Read More]

India-australia Australia and India will soon begin negotiations for a bilateral trade agreement, Australian Trade Minister Craig Emerson said Sunday. Emerson said he is scheduled to meet his Indian counterpart, Anand Sharma, on May 12 in Canberra and will use the occasion to discuss the launch of negotiations... [Read More]

Hyundai-Motor SEOUL: South Korea’s Hyundai Motor reported a 47% jump in quarterly net profit, driven by strong demand for its new models as its Japanese rivals grapple with the aftermath of the March 11 earthquake and tsunami.   Hyundai, the world’s fifth-biggest carmaker along with... [Read More]

world map The world or global economy The world- or global economy generally refers to the economy, which is based on economies of all of the world’s countries, national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local... [Read More]

oilbarrels India’s economy will grow around 9% in the fiscal year that started in April if global crude prices remain under control, a top financial ministry official said on Monday, even as private sector economists predict slowing growth.   Analysts have been trimming their 2011/12 growth... [Read More]

The-IPO-experience- CTC Media   With increasing Russian corporate interest in tapping equity markets and increased interest in Russian IPO’s and SPOs, Business RT spoke with Boris Podolsky, CFO at CTC Media on the key issues for the companies and the interest they can attract. RT: You listed... [Read More]

gold The price of gold hit a new record high, driven up by a weaker US dollar and continuing tensions in the Middle East and North Africa.   Spot gold rose as high as $1,513.70 (£917.60) an ounce during early trading in Asia, before retreating. Investors have been buying the precious metal as a... [Read More]

beer The average Chinese adult drank about a third of a bottle of beer in 1961, less than the average resident of Iran. By 1991, consumption topped a bottle a year, but still lagged behind 117 other nations, according to the World Health Organization.   By 2007, the Chinese were drinking almost... [Read More]

falling-dollar Part of the job description of the Treasury secretary is to declare at every opportunity that it is in the interest of the United States to maintain a strong dollar and preserve the dollar as the world’s reserve currency. To do otherwise would risk triggering a run on the dollar and... [Read More]

Image from romania-insider.com With gold advancing to a new all time high above $1500 per ounce Business RT spoke with Tim McCutcheon CEO of Ovoca Gold about the factors driving precious metals and the price outlook. ­RT: Markets are falling, gold is up, markets are rising gold is still up.  What... [Read More]

As-stocks-fall-gold-reaches-record-high Price of gold sets new records.   Gold hit record highs above the $1,500 an ounce mark as increased fears over US economic outlook continue to rise. The S&P recently issued a threat to the United States, saying that unless a comprehensive debt plan... [Read More]