Microsoft leapfrogs Exxon to become second largest firm

Energy giant Exxon has ceded its position as the world's second-largest public company to tech firm Microsoft, after concerns about the falling price of oil drove its shares down.

Gazprom profits fall 10 per cent in 2012

MOSCOW: The world's largest gas company Gazprom today reported $ 38 billion in net profits for 2012, the third-biggest profits of any global company, but the figure was down around 10 per cent from the year earlier due to falling sales and rising costs.

American Companies That Give Back The Most, 2012

Which of America’s big companies are the most philanthropic? Each year The Chronicle of Philanthropy does a major project on corporate giving, and compiles two lists, one that tallies philanthropy in terms of raw dollars and another that looks at giving as a share of pre-tax profits.

Russia's Rosneft to invest $18 billion in old refineries, says report

MOSCOW: Russia's state oil company Rosneft plans to spend $18 billion on its refinery infrastructure over the next three years, a report said Saturday after the company's chief met with investors.