The Ultimate Business Blog

For several decades, US has been the dominant consumer for Saudi Arabia. So Saudi Arabia kept expanding their oil extraction capacities to 12.5 million barrels a day on the back of sustained increase in demand from US till the year 2008. But the year 2009 saw the financial crisis pushing down the demand for oil [...]

Many over qualified workers are ready to work for a less paid job. The recession has made many overqualified people to do simple jobs. A master degree employee Carroll has worked as a financial analyst formerly. Now the former Carroll is running claims for a department store. The department stores needs modernization badly which is [...]

The battle between Google and Beijing took place and ended in Google going out of China. The mainland business of software is barren and India is planning to enter China. The plan of India is to sell software in the market of China. The fast growing economy includes seafood, leather hides, fake flowers, food waste [...]

US bank closures were at a record high 144 banks in 2009 full year and the year 2010 has also started on a weak note. The US banking regulator has confirmed the closure of another four banks last week, which takes the cumulate year to date 2010 total to 41 banks. The US regulator report [...]

Iron ore is the key raw material for making steel and to the dismay of the entire world the Iron ore prices are zooming once again. While the top three steel makers in the world control only 30% of the global production, the top three Iron ore producers of the world control over 80% of [...]