Following the recall of hundreds of Toyota units since October 2009, an investigation was conducted by the Department of Transportation on the sudden acceleration spurts that owners of Toyota vehicles have complained about. These “runaway Toyotas” have reportedly been the cause of 39 deaths due to vehicle accidents as of February 2010. Drivers have frequently [...]

Avista Capital Partners, a private equity investment firm located in New York City, NY; and Carrizo Oil & Gas Incorporated, an energy business from Houston, Texas; announced its collaborative efforts to engage in Marcellus Shale growth opportunities. In their agreement, each company was said to provide up to $150 million cash and properties in acquiring [...]

Despite having initially announced last June 19 that it will readjust its currency’s exchange rate, China’s export surplus surged up to $28 billion in July, the highest it’s ever been in the past 18 months. Senator Charles Schumer, a strong critic of Chinese trade policy, said that this is evidence that China did not honor [...]

Entertainment and movie production company Walt Disney Corporation has raked in $1.3 billion in the third quarter of this year, which is up by 40% compared to the same quarter last year in 2009 with $954 million. This is largely attributed to the revenues on Walt Disney’s ESPN coverage of the 2010 Fifa World Cup [...]

Top performing employees of Cydcor were rewarded with a weekend of fun and entertainment in Miami Beach as the company combined employee incentives with a social charity to help its employees make a difference. Top performing employees of Cydcor were rewarded with a weekend of fun and entertainment in Miami Beach as the company combined [...]

There is a silver lining that Dell can turn to in the midst of all the difficulties that the US corporate world generally experienced early this year. The final reports for the second quarter earnings (for the month end of July) have been released last August 19, 2010 and they show good news for the [...]

Entertainment and movie production company Walt Disney Corporation has raked in $1.3 billion in the third quarter of this year, which is up by 40% compared to the same quarter last year in 2009 with $954 million. This is largely attributed to the revenues on Walt Disney’s ESPN coverage of the 2010 Fifa World Cup [...]

Despite promising reports of an improving US economy, the Federal Reserve expressed concern over its sluggish and slowing recovering pace. In a statement released during the meeting on August 10, 2010 of the Federal Open Market Committee, it was stated that “the pace of recovery in output and employment has slowed down in recent months,” [...]

Australia’s newly appointed Commissioner General, Lyndall Sachs, has formerly announced Australia’s plans regarding the country’s trade missions, high-level government visits, investment promotions, seminars, and launches. The Australian Commissioner General has made this announcement around a year ago, last November 2009 during the Austcham Shanghai breakfast.

Dubai’s group of community leaders have recently discussed Dubai’s 2009 budget, which practically increases the country’s economic outlay by more than 40%.