BP puts Gulf oil spill cost at nearly $4 billion Herald Tribune | LONDON - Oil company BP says that the cost of dealing with the Gulf of Mexico spill has now reached nearly $4 billion. | The company, which last week managed to place a temporary cap on the leak, said Monday it has made payments totaling $207 million to settle individual claims for damages from th...
Supply Chain for iPhone Highlights Costs in China Herald Tribune | SHENZHEN, China — Last month, while enthusiastic consumers were playing with their new Apple iPhone 4, researchers in Silicon Valley were engaged in something more serious. | They cracked open the phone’s shell and started analyzing the new model’s components, trying to unmask...
Merck's 2Q net drops on higher costs, charges Herald Tribune | Drugmaker Merck & Co. on Friday reported a 52 percent drop in second-quarter net income, due to big merger and restructuring charges and lower income from partnerships. | Merck, the world's second-biggest drug company by revenue, says its net incom...
One by one, the quangos are abolished. But at what cost? The Independent | David Cameron vowed in opposition to rein in Britain's quango state in an attack on a bloated public sector. | His threatened cull of taxpayer-funded organisations yesterday became reality for thousands of workers as the Health Secretary, Andrew La...
How to cut the costs of living alone The Guardian | While living alone brings more freedom, a downside is that there's no one to share bills with. Here are some ways single people can get a better deal Sex in the City gives a glamorous view of the single life. But being part of a couple is cheaper. ...
How to cut the costs of living alone The Observer | Young, free and single is a description that conjures up thoughts of a happy-go-lucky, worry-free lifestyle. But while living alone might come with its advantages – such as exclusive rights to the duvet – the financial disadvantages can be enor...
Electrolux Q2 profits rise, helped by cost savings Herald Tribune | STOCKHOLM - Swedish appliance maker Electrolux AB on Monday said its net profit rose by 56 percent in the second quarter despite weaker sales as cost-saving initiatives started to bear fruit. | The company, based in Stockholm, said net profit total...
BP puts Gulf oil spill cost at nearly $4 billion Herald Tribune | LONDON - Oil company BP says that the cost of dealing with the Gulf of Mexico spill has now reached nearly $4 billion. | The company, which last week managed to place a temporary cap on the leak, said Monday it has made payments totaling $207 milli...
NHS shake-up 'to cost up to £3bn' London Evening Standard The Government's restructuring of the NHS will cost between £2 billion and £3 billion, with no guarantee of better care for patients, an expert has said. | The massive reorganisation - which will see management bodies scrapped and financial control h...
Aramco signs contracts with seven firms for Yanbu refinery Gulf News | Dubai: Saudi Arabian Oil Co (Saudi Aramco) said yesterday it has signed contracts with several local and international contractors to help it build its estimated $10 billion (Dh37 billion) export refinery at Yanbu on the Red Sea. | Aramco, in an emailed statement, said it signed detailed engineering, procurement and construction, or EPC, contract...
Chavez seeks legitimisation Gulf News | On July 16, shortly after midnight, Venezuelan President Hugo Chavez reached back in time. He presided at the exhumation of the remains of Simon Bolivar — Latin America's greatest independence hero, who helped liberate the region from Spain in the 19th century, and the object of Chavez's personal and political obsession. The skeleton was pu...
