Posted by admin on Sunday Feb 28, 2010
Filed under :Business
Chile is the world’s largest producer of Copper, with a share of over 7% of the global output. And the country was badly hit few days back by a massive 8.8 magnitude earthquake. The earthquake has killed nearly 1000 people and has also pulled down over one hundred thousand buildings across key locations.
The power supply lines have been destroyed in many parts of the country, and due to that the largest mines of Chile have been able to re-start production only at lower capacity yesterday. It may take at least another two to four weeks for these mines to get back to reasonable production levels.
Posted by admin on Monday Dec 7, 2009
Filed under :Business
The crude oil prices reflect the state of global economy over the longer term. The mood of the global investors was relatively better two weeks back when there were reports of healthy economic rebound in many countries including China, Japan, India and South Korea and Australia.
But the US economy continues to show weak signs and the US FED chief has indicated yesterday that the US economy will face tough times ahead has pulled down the global confidence. The crude oil prices hit 74 dollars to a barrel in today’s trade.
Posted by admin on Monday Nov 30, 2009
Filed under :Business
How do you find the perfect web host? Before we actually get there, we need to first explore about web hosting and why one might look out for the best web hosting service. These days, it is the net which is where most of the people look for information as well as inspiration. Gone are the days when Television ads sold products. Now, it is the internet ads which have to do the trick. More than ads themselves, what people are looking for are honest websites which can give them the kind of information one wants.
That is why most of the business people put up a website as soon as they finalize their business plans. The way the site is designed and executed matters a lot. If the site design matters at the front end, where it is hosted matters a lot at the back end.
This is where the issue of web hosting comes in. Which web hosting service takes care of your website will decide what kind of uptime your site has and whether it is up and running at least 99% of the time. That is why you need to learn all about website hosting and you need to select the right and if possible, the best web host.
But, the point is, where do you learn about it? Do you have the time and energy to learn? To check out a number of web hosts and then decide on the right one? You probably don’t have that kind of time or energy in you to take care of decisions such as the web hosts.
This is where the web hosting guide comes in. The WebHostingRating, which is a fantastic web hosting guide, tells you all about the different web hosts which are available. It guides you through the process of finding out the right web host for your web site. It ranks all the available web hosts on various parameters and also gives an overall rating so that you can choose the best one.
Posted by admin on Tuesday Nov 24, 2009
Filed under :Business
The demand for all products have gone down in the last two years across the globe, except for one metal. Yes, the yellow metal, Gold, has seen the demand surge even during the worst global recession in the last two years.
With countries latching up Gold like never before, the demand has surged far beyond the current supply levels.
The gold thus hit a new high of 1163 dollars to an Ounce in the London bullion exchange yesterday.
Wait for Gold prices to hit 1400 dollars in a year’s time, say some experienced Gold dealers. Any takers ?
Posted by admin on Thursday Nov 5, 2009
Filed under :Business
The gold prices are on a song, and they hit a multi year high of 1100 dollars only last week. That was on the news that India has purchased 200 metric tons of the metal from IMF as part of it’s efforts to shore up the currency value. There are reports of continued buying of the metal by countries like India and China, with a view of diversify their investments. Now we might see other strong countries like Germany, France and Japan joining the bandwagon. None of these countries would like to risk their further investments into uncertain US treasury bills.
So we can safely expect the Gold prices to hit the 1200 dollars to an Ounce mark before the end of the second quarter of 2010.
Posted by admin on Wednesday Oct 28, 2009
Filed under :Business
The Gold prices have shown some respite in the last two weeks, with the price coming down to around 1030 dollars yesterday. Just two weeks back, the Gold prices reached a multi-year high of 1067 dollars to an Ounce in the London Bullion Market due to sustained buying by China, Japan and India.
The buying might continue from individual high net worth individuals over the next few months in view of the global economic uncertainty. So expect Gold prices to remain high.
Posted by admin on Wednesday Oct 28, 2009
Filed under :Business
The US government is likely to fund another five billion dollars to GMAC, the finance arm of General Motors, in order to avoid the company going under. The funding is likely to be done over the next week, which would make GMAC the only company to get three rounds of funding from the US government.
The US government has already paid 12 billion dollars to GMAC and further investment would be needed to avoid another downward spiral for the automobile industry, which is already in weak condition.
Posted by admin on Tuesday Oct 27, 2009
Filed under :Business
The April to September 2009 period is also seeing a sharp drop in the circulation numbers for the top 400 newspapers in US. The newspaper industry has been in a downswing ever since 2007 due to the improvement in the internet technology.
More and more people are searching and getting all the news they want through their laptops or mobile, from the internet. There has been a 10% decline in the circulation volume in the April-September 2009 period, on top of the 7% decline reported in the year 2008.
Posted by admin on Thursday Oct 22, 2009
Filed under :Business
Around the end of 2007, crude oil prices were over 100 dollars and the entire world was talking of the prices going past 200 dollars in a year or two. That pushed all the gulf countries and also other oil producers like Brazil and Russia to commit billions of dollars on many new oil exploration and field development projects.
But the crash of crude oil prices in the middle of 2008 forced most of these projects to close down abruptly. Now, with the crude prices moving back to 75 dollars, many of these stalled projects are being revived by the OPEC members and that might help in improving the crude oil supplies in the future years.
Posted by admin on Wednesday Oct 21, 2009
Filed under :Business
The launch of Microsoft Windows 7 across US and Europe is planned to start tonight and initial indications are that it could be a big success for MS. The success of Windows 7 could well eclipse the failure of the earlier OS version Vista last year.
The success of Windows 7 also would help Microsoft to generate billions of dollars of additional revenue through aggressive pricing for piracy hit markets like China and India.