BGN Entrepreneur

The rise in crude prices helped Royal Dutch Shell, which is the largest oil company by market capitalisation in Europe. The Anglo-Dutch group just reported a rise in earnings for the fourth quarter in spite of weak refining margins and low natural gas prices.
In spite of the weaker quarter, the company set out an aggressive [...]

Italy’s largest bank by assets–UniCredit, which operations in 22 countries, has placed almost the entirety of its rights issue of €7.5bn. This has provided us with another sign of improved investor sentiment towards Italy as well as the eurozone.
As one of Europe’s largest bank, UniCredit had one of the more rocky starts to a rights [...]

The microblogging service–Twitter has made a virtue of being used as an organising tool by political activists. Now the company has bowed to the realities that global businesses are taking a completely new approach to censorship.
The change for the network will pave its way for long-term expansion into many new countries, but at the cost [...]

A tax-related windfall and strong US earnings boosted the net profit of Ford Motor for 2011 to its best level in 14 years. However, the fourth-quarter result of the US carmaker was weighed down by poorer performance overseas. As a result, it was weaker than the level a year ago.
According to Ford’s chief financial officer–Lewis [...]

The 42nd session of the World Economic Forum Annual Meeting–Davos Forum is currently being held in the eastern Swiss town of Davos. The meeting, theme of which is “The Great Transformation: create a new model”, is held from 25th to 29th January.
Due to the tough global economic environment, this annual meeting has attract wide attention.

The troubled telecoms equipment maker–Nokia Siemens Networks was forced to announce 17000 job cut in last November against a backdrop of poor corporate lending.
Though there were wide concerns within the banking community that Nokia would struggle to find sufficient finance in the difficult trading conditions, the mobile giant has still managed to raise over €1.2bn [...]

In 2012, the industrial and finance group–General Electric, is sticking with its prediction of double-digit operating earnings growth despite an expected recession in Europe as well as falling prices for some of its products like wind and gas turbines.
According to GE’s chief financial officer–Keith Sherin, it is said that the company would cut costs via [...]