China Become World’s Shipping Leader

Thursday, October 25th, 2007

According to UK’s Daily Telegraph China has surged ahead of Germany for the first time to become the world’s top exporter, prompting ever louder demands from the United States and Europe to revalue the yuan.Click here to read The Daily Telegraph article.
Tags: China, Business, News, World+News, Germany

Microsoft buys stake in Facebook

Thursday, October 25th, 2007

Microsoft has paid $240m for a 1.6% stake in Facebook that values the  popular social networking site at $15bn.
Tags: FaceBook, Microsoft

Kodak to end Olympics sponsorship after Beijing 2008

Friday, October 12th, 2007

Photography and imaging firm Eastman Kodak Co. said Friday it will end its sponsorship of the Olympic Games following the Summer Olympics in Beijing in 2008 as the company moves in a new direction.