Finances In The 21st Century

Abu Dhabi Invest In Citigroup
Date: 11/27/2007
Abu Dhabi Investment Authority will invest $7.5 billion in Citigroup. This will help Citigroup with the need capital to offset big losses from mortgages. Dubai International Capital also has announced it has acquired a stake in the Japanese electronics and media company Sony Corp.

Labels: banking, world-market

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08/27/2007:
Google maybe close to the launch of it's phone service. The mobile phone is called gPhone and is awaiting final ok and carrier agreement before it launch. Recently there was news that Google may be interested in bidding on spectrum. Lets see if Google will lauch the gPhone?

Labels: general-news, technology, world-market

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05/28/2007:
Qatar Airways puts in a order to buy 80 A350 XWB long-range planes from Airbus SAS worth $16 billion. The plans are to be equipped with engines made by Rolls-Royce Group. Delivery of the Airbus A350 will begin in 2013. Boeing has beaten Airbus so far for the new bigger planes with about 567 order with Airbus having about 13. Airbus is based in Toulouse, France. Singapore Airlines Ltd has also places an order for 20 A350 XWBs and Russia's OAO Aeroflot to buy 22 A350s.

Labels: airbus, boeing, world-market

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