Global markets plunge

Friday, October 10, 2008 Stock markets across the world have fallen sharply with several seeing the biggest drop in their history. Asian markets saw the biggest sell-off. The Nikkei dropped 9.62% to reach a 20 year low. Japan also saw a collapse of a mid-size insurance company, Yamato Life Insurance …

Russian firefighting aircraft starts fires in Portugal

Saturday, July 8, 2006 The Russian Beriev 200 airplane leased to the Portuguese Government suffered an accident last Thursday (July 6) afternoon, after one of its engines was damaged. The accident occurred after a refueling operation at the dam of Aguieira, near Santa Comba Dão. As the aerial firefighting aircraft …

Apple to hold media event on September 1, may update iPods and Apple TV

Friday, August 27, 2010 Apple Inc. will hold a music-centered event in San Francisco, California on September 1. It has been widely speculated that the company will introduce an updated line of iPod portable music players and a new Apple TV. The company e-mailed invitations for the event to various …

Sony refreshes VAIO brand for business and entertainment

Thursday, July 31, 2008 From the middle of July, Sony Corporation refreshed their senior laptop brand VAIO from “Video Audio Integrated Operation” to “Visual Audio Intelligent Organizer”. According to Sony Taiwan Limited, this refreshment is an attempt to relocate the laptop consuming market for business and entertainment factors. In the …

MG Rover sold to Nanjing Auto

Friday, July 22, 2005 Administrators PriceWaterHouseCoopers (PWC) have announced that the British car company MG Rover and its engine manufacturer Powertrain Ltd has been sold to Chinese company Nanjing Automobile for an unknown sum of money. The company beat bids from Shanghai Automotive (SAIC), despite being the smaller of the …

Wendy’s surpasses the King

Tuesday, March 20, 2012 Despite having over 1,300 locations more than Wendy’s, Burger King bumped down to the number three ranking of United States hamburger chains. In 2011, Wendy’s sales came out on top with $8.5 billion with Burger King close behind at $8.4 billion. Wendy’s edged Burger King out …