French bank Societe Generale is fined 4m euros for allowing one of its staff members to operate as a rogue trader.

The EU opens an in-depth probe into BHP Billiton’s $170bn unsolicited bid for rival miner Rio Tinto.

The price of oil falls slightly
on hopes Iran will react well to plans to resolve a dispute over its nuclear development.

Hamleys owner - Icelandic investment group Baugur - says it is examining ways to relocate to the UK.

Air France confirms it is in talks with French group Veolia about launching a high-speed rail service.

Indian inflation reaches its latest record high as food, fuel, cement and steel prices continue to rise.

Australia’s Origin urges shareholders to reject a 13.8bn Australian dollar takeover bid from UK rival BG Group.

The former head of one of Austria’s biggest banks, Bawag, is convicted of fraud charges by a court in Vienna.

Pringles, the popular snack food in a tube, are not potato crisps, a High Court judge rules, and should be free of VAT.

Has the row over TNK-BP spooked investors?

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French bank Societe Generale is fined 4m euros for allowing one of its staff members to operate as a rogue trader.

The EU opens an in-depth probe into BHP Billiton’s $170bn unsolicited bid for rival miner Rio Tinto.

The price of oil falls slightly
on hopes Iran will react well to plans to resolve a dispute over its nuclear development.

Hamleys owner - Icelandic investment group Baugur - says it is examining ways to relocate to the UK.

Air France confirms it is in talks with French group Veolia about launching a high-speed rail service.

Indian inflation reaches its latest record high as food, fuel, cement and steel prices continue to rise.

Australia’s Origin urges shareholders to reject a 13.8bn Australian dollar takeover bid from UK rival BG Group.

The former head of one of Austria’s biggest banks, Bawag, is convicted of fraud charges by a court in Vienna.

Pringles, the popular snack food in a tube, are not potato crisps, a High Court judge rules, and should be free of VAT.

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Containership charter market shrugs off recession talk
CRISIS? What crisis? That is the riposte in the containership charter market where the bank lending squeeze and plunging share prices have had little noticeable impact on either sentiment or activity, writes Janet Porter.

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Another example would be the help desk. Every company that manufactures products needs one. This particular business process is a way to communicate with your clients and know about their feedback in your products and it is also a way to assist your clients in case they encounter difficulty with your product. Creating a help desk department may prove to be too costly. It will involve everything from hiring additional employees and purchasing all the necessary tools you need to create an efficient and working help desk.

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Companies regularly outsource their business process offshore, particularly to developing countries filled with qualified and talented individuals, such as China, Philippines, Mexico and India. These countries offer good quality services for your business process and they charge a very cheap rate for these services.

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Air purifiers come in a wide variety of different makes and models. These makes and models include whole house or building air purifiers and individual room air purifiers. Essentially, this means that no matter how large or small your commercial space is, you should be able to find an air purifier that will work for you and your business.

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ESSAR Shipping forecasts income from its rapidly-expanding ports and logistics businesses to equal revenue from its fleet of 24 vessels within three years.

LARGE tankers are still steaming at full speed despite record high bunker prices, which reached more than $700 per tonne in Singapore yesterday for the first time ever.

CONTAINER FIXTURES

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The coffee chain Starbucks plans to close another 500 stores on top of the 100 it had already announced.

The European Central Bank is expected to raise interest rates to control inflation, which is near a 15-year high.

The president of oil producers’ cartel Opec tells the BBC crude oil prices could rise still further this week.

Senior British staff at TNK-BP will not have to leave Russia, after the migration service approves their work permits.

Football governing body Fifa told to pay 57,000 costs after a trial into the collapse its ex-media partner ISL.

US factory orders grew by just 0.6% in May, the weakest growth for three months, the Commerce Department says.

EU Trade Commissioner Peter Mandelson accuses French President Nicolas Sarkozy of undermining him.

Britain’s biggest union, Unite, is merging with the US-based United Steelworkers union to create a new “global” body.

A Chinese businessman wins the right to have lunch with Warren Buffett after bidding $2.1m on auction site eBay.

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MICHAEL Peraticos, one of modern Greek shipping?s foremost personalities, has died in Athens, aged 90. His funeral took place in Athens on Monday.

PROSPECTIVE Hapag-Lloyd purchasers have another two weeks in which to submit an initial bid and name their price.

BERMUDIAN insurer Ironshore has entered the Lloyd?s market with its 17m ($34m) purchase of specialist insurer Chaucer?s managed syndicate Pembroke.

OVERSEAS Shipholding Group has suffered a significant setback in its oily water separator case in the US, as an appellate court overturned a lower court?s dismissal of criminal charges against the tanker firm and one of its chief engineers.

AS SPRING turns to summer, and with the 2008 US presidential campaign now a two-person race, important developments on both the legal and the political fronts are taking place.

From Geoffry Lucas,

Wenchong Shipyard for sale

FRENCH insurers have postponed the launch of their promised new international marine hull policy, writes Andrew Spurrier in Paris.

VIETNAM Shipbuilding Industry Group is set to embark on $1.2bn investment in a ro-pax ferry venture connecting the north and south of the country, writes Marcus Hand in Singapore.

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