Top of the Fortune Global 500 list this year is Wal-Mart Stores, Royal Dutch Shell, Exxon Mobil, BP, Toyota Motor, Japan Post Holdings, Sinopec, State Grid, AXA and China National Petroleum.
Oil companies were the highest revenue earners.
Read about other unknown companies who are big income earners…
American Blogger, John Aravosis, says a photograph on BP’s website is a fake and was Photoshopped.
The photo shows BP’s ‘Command Centre’ in Houston, where ever-watchful BP employees supposedly sit in a dark room, monitoring a ten-screen display of oil-spill footage.
Read how an old photograph was used to Photoshop the image…
As the fullness of the Gulf Impact continues to grow, more and more stories are emerging that show BP in a very poor light. Read more…
Frustrated and dumbfounded by the continued lack of the most basic data concerning the 77-day-old BP Gulf oil disaster, a group of independent scientists are left twiddling their thumbs. They have produced a crash project intended to definitively measure how much oil has spilled and where and how it is spreading throughout the waters of the Gulf of Mexico.
Read how BP will take no notice of the scientists…
The giant Japanese Toyota Motor Corporation has now recalled its Lexus HS 205h hybrid luxury vehicle, as well as halting all sales of the vehicle. Government tests showed that the vehicle could leak fuel in a rear-end collision, the company said.
Chrysler and General Motors were also involved in vehicle recalls in the month of June…
Three men are on trial, who allegedly tried to sell the famous Ritz Hotel, London, for $250 million,.
The men allegedly had the Terence Collins, a property investor and developer and one of his financial backers, hand over $2m as a deposit, for a prime property worth twice the alleged asking price.
Read what happens when you try to sell the Ritz for half price…
Dressed in T-shirts and jeans, aged in their 20’s and 30’s, Tradeworx workers, in the small trading firm, tend high-speed computers. They buy and sell around 80 million shares a day.
On May 6, as stock markets began to plunge in the “flash crash,” someone typed the command ‘HF STOP’ into the computers, sending a command to sell everything and shutdown,.
Read more…
Still reeling from the police investigation, the ANZ bank, Australia, is horrified by the news that entry level employees have been operating a drug trafficking ring out of their Melbourne office.
However, the United Nations Office on Drugs and Crime released information that billions of dollars from the illegal drug business was the only thing that kept the global financial system from collapsing at the height of the banking crisis, just over a year ago.
Read more…
A major banking centre, The ANZ Bank, is reeling from the allegations there was a drug trafficking ring operating out of its Melbourne headquarters.
Fourteen entry-level staff members have either resigned, or been forced to resign, as an Australian Federal Police (AFP) investigation into the ring, enters its third month. Read more….
Originally built in 1936, a Bugatti car, sold for more than $30 million to an anonymous buyer, at a Gooding & Company auction, in Santa Monica, California.
Wall Street Journal called it the “most valuable car ever known to have changed hands,” while USA Today described it as “the most expensive used car ever.” Read how it joins the ranks of the Ralph Lauren collection…
