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China Nixes Export Duties
As US and EU trade organizations begin imposing tariffs on its goods, China chooses not to impose duties on its massive textile…
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Multiplex Faces Complications on Wembley Stadium
Yesterday, Australian construction company Multiplex Ltd announced that its A$1.2 billion Wembley stadium project may lose the company money. It also announced that its founder, John Roberts, is stepping down as the company's executive chairman.
Nine Years for Khodorkovsky So Far
The twelve-day conclusion to the eleven-month trial of Yukos Founder Mikhail Khodorkovsky has resulted in the defendant being found guilty of six out of seven charges.
Racing With Cisco
The Red Bull Cheever Racing will be using wireless and Voice over IP (VoIP) technology from Cisco Systems at the 89th annual Indianapolis 500.
Spitzer Sues Greenberg and Smith
Maurice "Hank" Greenberg, former CEO of American International Group (AIG) is being sued along with former CFO Howard Smith, by New York Attorney General Eliot Spitzer.
Tension Continues To Build Between EU and China Over Textiles
Trade tension continues to build between China and the European Union (EU). The EU is seeking formal discussions with China regarding its textile exports.
