Latest International Business News
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Nepali-Canadian first to climb Everest without prosthetic limbs
In a bid to prove to the world that "disability was not inability", Sudharshan Gautam, a Nepali-Canadian citizen, became the first amputee to climb Mount Everest without the help of prosthetic limbs, officials said Monday. "We received information that Gautam, who has no hands, climbed Mount Everest," Dipendra Paudel, an official at Nepal's mountain department under the ministry of tourism and ...
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Video Korea takes the fashion world by stealth
Backed by some of the country's biggest conglomerates, Korean fashion labels are racking up revenues and expanding across Asia. But are they ready to compete with Western brands on their home ...
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Pigeon sale yields world record for feathered Bolt
BRUSSELS -; Lightning fast pigeon Bolt, with a name and pedigree to match, has become the world's most expensive racing bird with his Belgian breeder selling it for 310,000 euros ($400,000) to a Chinese ...
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German central bank Economy to improve markedly
FRANKFURT, Germany -; Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of ...
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Indian Shares Fall On Global Cues Weak Rupee
Indian shares ended a choppy session notably lower on Tuesday, mirroring weak global cues as investors turned their focus to Fed chairman Ben Bernanke's Congressional testimony to Congress and the release of the Fed's May minutes due this Wednesday for cues on the outlook for interest rates.Despite growing speculation about Fed's exit from QE, many analysts expect Bernanke to say ...
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Vodafone Reports Rare Full-Year Decline in Revenue
LONDON -- Vodafone on Tuesday posted its first decline in full-year revenue since 2005, saying that rapid growth at its American unit and in emerging markets did not make up for a slump in Southern Europe and price cuts mandated by European ...
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Kids Pitch Business Ideas To Warren Buffett
The kids competed in "The Secret Millionaire's Club" -- an entrepreneurial contest tied to a web and cable series featuring a cartoon Warren Buffett. Thousands competed. Eight of them, ranging from age seven to 16, got to meet Buffett and present their ...
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Boeings 787 Dreamliners Take Flight Again
A Boeing Dreamliner took off Monday -- it was a United Airlines flight from Houston to Chicago. This was the first time the fuel friendly jet was back in U.S. skies in nearly five months. The 787 planes had been grounded since January because of battery problems, which cost United roughly $11 million in ...
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MidEast e-commerce growth fastest in world says Visa
The Middle East and North Africa is the fastest growing region in the world for e-commerce, according to a new report by payment solutions provider Visa ...
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JPMorgan Chases big day
Dimon's day of reckoning but shareholders are hoping to also get a chance to grill the board . "The board needs to show us that they are more than just a rubber stamp on what Jamie Dimon wants," said Michael Mayo, a bank analyst at CLSA. "Shareholders have one chance each year to ask them questions." Mayo says it doesn't matter to him whether or not Dimon holds onto ...
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Global Radio told to sell seven stations
Global Radio , owner of network radio brands including Capital, Heart and Real, must sell stations in seven areas of the UK to appease the competition regulator's concerns over its 70m acquisition of GMG Radio.The UK's largest radio operator has been told by the Competition Commission that it must sell some of GMG Radio's Real and Smooth stations, or its own services such as Heart ...
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Dayton business leaders in D.C. for annual Fly-In
Community leaders from the Dayton region are in Washington, D.C. through Tuesday for the 29th annual Fly-in. Community leaders from the Dayton region are in Washington, D.C. through Tuesday for the 29th annual Fly-in. The Dayton Development Coalition leads the event, which is used to formally deliver regional funding priorities to the Congressional delegation. The 2012-2013 recommendations can ...
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Manchester United Top Table for Premier League TV Earnings
LONDON ...
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In pictures Dubai in top 10 fastest rising property markets in the world
Number 4: Vehicles zip down Umm Amara Road with the night time Dubai skyline in the background. Prices in the emirate rose 18.3% from March 2012 to March 2013. Sarah Dea/The ...
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World stocks mixed ahead of Fed statements
BANGKOK -; World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus ...
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Does France have right plan to revive its economy
Unionists employees of Arkema Kem One chemical company and employees of other petrochemical sites, burn flares as they block the Arkema plant in Marseille, southern France, Tuesday, May 14 , 2013. Kem One, the maker of vinyl products announced last July it may cuts jobs. CGT stands for General Work Confederation. (AP Photo/Claude ...
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Democratic Senator uses Okla. tornado for anti-GOP rant over global warming
Daily Caller May 21, 2013 While many Americans were tuned into news coverage of the massive damage from tornadoes ravaging the state of Oklahoma, Rhode Island Democratic Sen. Sheldon Whitehouse took to the Senate floor to rail against his Republican colleagues for denying the theory of anthropogenic global warming. Whitehouse spent 15 minutes chastising GOP senators and justified his remarks ...
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Joel Skousen Obama Creating A Third World America
May 21, 2013 Alex continues with author Joel Scousan discussing the ongoing globalist agenda to topple the American way of life and the Public’s necessity to prepare themselves for ...
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Mining services suffer as Australias mining boom peaks
- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had ...
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Unlike your dentist finance industry has no substitute for gold
As recently as the turn of this century, global gold demand for tooth fillings averaged more than 60 tonnes a year. That equalled almost 2.5% of global gold mining output. German dentists alone stuffed 24 tonnes of gold into people's mouths in 1996. But technology, like fashion, moves ...
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How the French economy compares to Germanys UKs
PARIS -- Here's how the struggling French economy stacks up compared to Germany's and Britain's.GROSS DOMESTIC PRODUCT (2012)France: 2 trillion euros ($2.7 trillion) Germany: 2.6 trillion euros ($3.3 trillion)Britain: 1.9 trillion euros ($2.4 trillion)MANUFACTURING AS A PERCENT OF GDP (2009)France: 10.7 percentGermany: 19.3 percentBritain: 11.0 percentGROWTH RATE (2012)France: ...
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Finance chief Purisima blasts CA ruling on Phoenix Petroleum
MANILA, Philippines–The Department of Finance questioned the Court of Appeals’ decision stopping the Department of Justice from pursuing the smuggling case against the President and CEO of Phoenix Petroleum Philippines(Phoenix)as well as its customs broker,Jorlan Cabanes. ';TROs like this one effectively prevent the government from prosecuting smuggling. Our courts and court ...
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United top TV earnings
Premier League TV money after winning the title - but even the club that finishes bottom next season will exceed that income due to the top flight's huge new broadcasting ...
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Chile worlds third largest mining investment destination report
Chile is the world's third largest mining investment destination, said a report.Chile trails only Canada and Australia in attracting mining investment, according to a report release by the state-owned Chilean Copper Commission on Monday.Mining Minister Hernan de Solminihac said he was aware of the challenges from developed mining countries in areas of skilled laborers and business ...
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MOA to support hog industry
/enpproperty--> The Ministry of Agriculture issued a guideline on Monday to support the hog industry, which is battling falling prices due to weak demand and oversupply. The guideline said the government will enhance services for farmers, promote large-scale hog farms and focus on disease prevention. The industry has been hit by falling prices since the start of the ...
South America Featured
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Shipping Wars: Uruguay and Argentina face off over rival port expansion plans
Argentina and Uruguay both want to be the shipping hubs of South America, or southern South America at least, and both are planning to considerably expand their port infrastructure in Buenos Aires and Montevideo respectively, which is leading to considerable diplomatic strain.
Argentina is a regional power in South America, the country is considered one of the more developed nations on the continent on-par with Uruguay (on paper at least, with a similar per capita income and Human Development Index rating) although the country occupies a majority of the continent with Brazil and presides over a massive coastline. Read more
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