Financial news on July 19, 2008
Business and Financial news
Rex W. Tillerson, the chief executive of Exxon Mobil, shared his views on oil prices, a world increasingly dominated by state-owned energy giants and the future for alternative fuels. Read more..
The chief backer of the Tesla Roadster, the first-ever all-electric sports car with a base price of $109,000, believes that the age of the electric car has dawned. Read more..
If negotiations fail at the Doha round of trade talks, one casualty will be the credibility of the World Trade Organization itself. Read more..
Google, whose business has been lagging on the Russian Internet, stepped up its business there with the $140 million purchase of a Cyrillic online advertising business on Friday. Read more..
Honeywell International, the world’s largest maker of airplane instruments, said on Friday that second-quarter earnings rose 18 percent as it sold more cockpit displays and navigation systems. Read more..
Critics say that Russian shareholders have enlisted an improbable ally in their attempt to force BP to fire the chief executive of TNK-BP. Read more..
For many, preparing for a disaster consists largely of closing our eyes and crossing our fingers. Read more..
The approval of the planned web of transmission lines that will run from remote parts of Texas to major cities is a major lift to the development of wind energy in the state. Read more..
The major stock indexes finished mixed on Friday, and the broader market was nearly unchanged, pleasing investors who were expecting another volatile session. Read more..
China violates global trade rules by requiring automakers operating there to buy components from local suppliers or face penalties, the World Trade Organization ruled on Friday. Read more..