The 2010 Shanghai a scheduled World Expo in the tradition of international fairs and expositions has been held in Shanghai China for the last six months. The first Expo was held in London in 1851 and this Chinese World Expo comes to a close on 31 October 2010 after participation by over 246 Chinese and [...]

The Singapore Stock Exchange [SGX] has made a takeover offer for the Australian Stock Exchange [ASX] that is in excess of $8 billion.  The combined company will become world’s fifth largest listed exchange company by market value.   The SGX and ASX are Asia’s second and third largest bourses respectively and the combined operations will [...]

China the world’s largest supplier of “rare-earth” minerals is planning restrictions on their export.  The state-owned China Daily,  cited a senior unnamed Chinese Ministry of  Commerce official in its report that China will “further reduce quotas for rare-earth exports  by 30 percent at most next year to protect the precious metals from over-exploitation.” The  official [...]

Toyota Motor Corporation in Japan made its latest announcement on vehicle recalls on 21 October 2010.    At issue this time is the possibility of brake fluid leaks affecting up to 1.5 million vehicles worldwide. About 740,000 cars are believed to be affected in the USA. The Toyota brake fluid which contains polymers was used [...]

One of New York City’s best known landmark hotels the Chelsea Hotel located at 222 West 23rd Street, Manhattan is up for sale. It first opened in 1884 as an apartment co-operative and became an hotel around 1905. It has a history and reputation as a center of artistic activity and many famous names have [...]

While the world was watching and celebrating the miracle of the 33 miners being rescued from the San Jose mine in Chile after 70 days incarceration, halfway across the world the miners at the St Gotthard Base Tunnel (GBT) in Switzerland were planning their own miracle.  The countdown had started for the final 1.8 meters [...]

All manner of financial services companies and banks will have their sights on the latest intake of first term university or college students and even  those returning to study further in the new year.  They will be laying out an array of offers to get the students to open bank accounts and set up credit [...]

With the mounting allegations about possible impropriety in the handling of mortgage foreclosures a multi-state group of 49 state Attorneys General and the state bank and mortgage regulators has been formed to investigate the issue.  They have announced that they are working with the Multistate Mortgage Committee which represents regulators from 50 states. In a [...]

Virgin Galactic is the company which is part of Sir Richard Branson’s Virgin Group and plans to offer sub-orbital space flights to the paying public. The company announced on Monday, 10 October 2010 that its SpaceShip Two had achieved a major milestone with its first successful flight over the Mojave Desert.  Piloted by Pete Siebold [...]

BlackBerry maker Research in Motion has announced the planned roll out of its “PlayBook” in early 2011 in the USA to be followed in other countries by the middle of the year. The BlackBerry is the poster child for business handsets, smartphones and the PlayBook intends to challenge Apple’s iPad with what  the company hopes [...]