Greece downgraded to ‘junk’ status
[caption id=“attachment_7087” align=“alignright” width=“380” caption=“Protestors march during an anti-government rally in Athens. Reuters”]
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The Eurozone is in complete chaos. Details here
Remember the commodity crash last week? Well, it’s over
It was too good to last. Oil and gold and silver are rising again due to Eurozone worries. More
Is LinkedIn worth $3 billlion?
It’s IPO prices it cheaper than Facebook and YouTube, but pricier than Google and Yahoo. More
Chinese telecom equipment maker Huawei closes in on Cisco
Here’s another Chinese company setting its foot firmly on the world. Bloomberg has the lowdown .
Essar Steel challenges oilmin in court
Essar Steel has moved the Delhi High Court against an order of the ministry asking RIL to first fully meet the requirement of fertilizer , power and cooking gas extraction plants before supplying to non-priority industries such as steel, petrochemicals and refineries. Read
Pilots strike ends, but passangers still stranded
Air India pilots strike has ended but cancellations and disruptions will still delaye the airline’s effort to normalize operations. More
Car sales slowest in April
Car sales increased at the slowest pace in nearly two years last month, pulled down by rising prices, loan rates and fuel costs. Details
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