General Business News

Two Biggest Overvalued Trades: Gold and US Treasuries

Ever since tulip bulb mania in Holland, speculators have always managed to find commodities or financial paper on which to wager their hard earned money. Two of the biggest overvalued trades today are gold and US Treasuries.

Ford Profits Soar Amid Economic Uncertainty

Ford is the only automaker that did not accept a bailout from the US government in 2009 even if it reported a net loss worth US$30 billion from 2006 to 2008.

Timken and Partners Develop Advanced Wind Energy

Executives of the project are very optimistic about what the center can accomplish in terms of simulating real-world conditions that would benefit the wind energy industry.

Apple Makes it Big in China

Apple's outlets two outlets in Beijing and another two in Shanghai are now the four most visited Applei? Stores worldwide. Its revenue in terms of sales is much higher more than what its Manhattan store in Fifth Avenue is earning.

European Companies are Looking Up The Clouds

The yearly sales of cloud-computing-related services in Europe will rise up to 4.3 percent, which is estimated at US$29.5 billion by 2015 from US$ 24.7 billion of this year.

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General Business News