Billionaire to air ads opposing Keystone XL project

The pipeline from oil shale formations and oil sands is being opposed by hedge fund founder. Billionaire Tom Steyer threw his support behind a four part advertising campaign that intends to convince its viewers that the Keystone XL pipeline would hurt the economy and the communities around it.


China on the rebound according to customs agency

The General Administration of Customs registered above projected numbers in terms of overseas shipments.

Merlin Entertainments Group planning to do IPO by year's end

Theme park operator Merlin Entertainments Group had drafted plans to undertake an IPO. The Merlin Entertainments Group has planned to raise nearly GBP3 billion or USD4.

Harry Potter exorcists gain following in the UK

Three teenage 'exorcists' claim UK is overcome by Satan's work and spells from Harry Potter.


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The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.
The smartwatch had been seen as the latest addition to the consumer electronics market however a source said the device would not change anything in the industry.
Microsoft Corp had been acquiring and investing in companies in the last two decades as the software maker planned to accelerate its presence in a market that it does not own.
BMW is appealing a decision to impose a EUR150 million fine for alleged customs laws violations. German car giant BMW is set to face fines worth EUR100 million in India for allegations of violations committed against the country's importation rules.
To cut costs, which is expected to triple by 2020, IBM has moved its retiree pension plan to a health exchange for lower risk and costs.
An agreement was made between EU Commission and bank officials for a capital hike for the world's oldest bank.
After a disappointing recommendation for the next Vivendi CEO, Vincent Bollore throws hat into the ring for the position.
Allegations of anti-competitive activity would be investigated on by the European Commission. A formal statement is being prepared by the European Commission for Gazprom to inform them that allegations have been raised regarding anti-competitive gas pricing.
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Generali Chairman Gabriele Galateri said that it had planned to exit the company through a stake sale unless it comes up with a convincing business plan.
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