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Companies News

China's $12 trillion corporate debt pushes up refunding costs, drives mergers

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise.
In the Media by Matthew Miller and Umesh Desai (Reuters)

China's $12 trillion corporate debt pushes up refunding costs, drives mergers

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise.
In the Media by Matthew Miller and Umesh Desai (Reuters)

Shell sells Australian refinery, petrol stations to Vitol for $2.6 billion

Anglo Dutch oil company Royal Dutch Shell <RDSa.L> said on Friday it has agreed to sell its Australian downstream businesses to oil trader Vitol SA <VITOLV.UL> for about A$2.9 billion ($2.6 bill...
In the Media by Byron Kaye (Reuters)

U.S. companies ramp up capex as confidence grows

Earlier this month, Eaton Corp Plc <ETN.N> made an announcement that captured little attention: the diversified manufacturer of heavy truck transmissions and residential circuit breakers ...
In the Media by Caroline Valetkevitch (Reuters)

Number of young U.S. technology companies falls: Report

Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.
In the Media by Sarah McBride (Reuters)

Man mailed cat feces to companies that didn't hire him

On Friday a man in St. Louis received two years probation for mailing cat feces to companies that didn't hire him. He plead guilty to mailing injurious articles.
In the Media by Owen Weldon

Op-Ed: Online-only retailers disrupt industries with unmatched value

Austin - Convenience, variety, and discounted prices are literally at our fingertips when we shop online. E-commerce has revolutionized the way we shop; we no longer have to leave our houses or even get dressed to make an important purchase.
In the Media by Nicolle Hiddleston

Kahr Arms relocating due to gun control

New York - The gun manufacturing company Kahr Arms has announced that it will be relocating from its home state of New York due to the rising gun control in the state.
In the Media by Alex Allen

Companies focusing more on customer rewards in tough economy

Atlanta - In this tough economy, companies are finding ways to entice customers to shop at their business. One method that has been proven effective time and again are customer rewards programs, otherwise known as loyalty appreciation.
In the Media by Andrew Moran

Cayman Islands to publicize previously hidden companies

Cayman Islands is a popular destination for tax evasion in movies and possibly reality as well. However, this is all about to change with the new policies the Cayman Islands regulator body is considering.
In the Media by Milton Este
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The Death Knell of Success in Business

The film “The Artist” describes the waning career of a megastar of the era of silent movies when he refuses to make...
Feb 16, 2012 by Sam Vaknin
 

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