Latest International Business News
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Postmedia News Ottawa Citizen win Michener award for reporting on robocalls
OTTAWA - A Postmedia News and Ottawa Citizen investigation exposing the use of "robocalls" to mislead and harass voters during the 2011 federal election campaign has won the 2012 Michener Award. The foundation handing out the award noted that the "detailed and sustained reporting" led to Elections Canada investigating complaints, a Federal court ruling that electoral fraud ...
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Police shoot kill man holding child hostage inside Wal-Mart store www.privateofficer.com
-- A man was shot and killed by a Midwest City police officer Monday afternoon after holding a toddler hostage for more than half an hour inside a grocery store, authorities said. No names were released Monday. About 3:10 p.m., a man walked into the dairy section of the Walmart Market, 7520 E Reno Ave., grabbed a 2-year-old girl and held her at knife point, Midwest City Assistant Police Chief ...
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Former Part-Owner of Litigation Funding Company Admits Defrauding Business Partners www.privateofficer.com
--The former part-owner and underwriter for New York-based litigation funding company The Law Funder LLC admitted today in Newark federal court to participating in a secret kickback scheme that defrauded his former business partners of approximately $869,492, U.S. Attorney Paul J. Fishman announced. Mathew Sheldon, 39, of New York, pleaded guilty today before U.S. District Judge Dennis M. ...
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Medical Business Owner Indicted for Medicaid Fraud www.privateofficer.com
--Jennifer C. Alsdorf has been indicted on charges of health care fraud and wire fraud for filing over $500,000 in fraudulent claims with the Georgia Medicaid program. "This defendant is charged with robbing Medicaid of over half-a-million dollars intended for children in need. Her alleged fraud includes billing for medical services never performed, for patients never seen, and in the ...
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College teacher training found in study to be ‘industry of mediocrity’
Pennsylvania colleges are doing little to curb America's steady decline from educational powerhouse to middle-of-the-pack contender, according to a study published Tuesday by the National Council on Teacher ...
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Ford set to drive in automatic SUV EcoSport to woo women in India
That’s how many engineers graduate in India every year. And they have never found it so hard to land a job. Some blame the slack job market, others point to poor quality of colleges and ...
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Self-promotion is key to business
When Marly Quincoces wanted to grab the attention of potential clients for her South Florida event planning company, StarMar Events, she made a YouTube video in front of a white board giving tips on how to land a sponsor. Quincoces quickly learned that even while she was sleeping or directing caterers, she could lure in customers with her online presence. "I'm definitely going to do ...
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Tanzania Donors Lose Interest in Isles Economy
DEVELOPMENT partners are now reluctant to support Zanzibar because they have lost their trust, some Members of the House of Representatives have said when discussing the 2013/14 annual budget estimates. "Donors are turning away because of rampant corruption in government and the unjustifiable share Zanzibar has been receiving from the 'General Budget Support (GBS) controlled by the ...
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Royal baby expected to pump $380M into British economy
The arrival of a new heir to the British throne is expected to pump $380 million into the country's economy this summer, a retail analyst said Tuesday. Joshua Bamfield of the Center for Retail Research in Nottingham said the first-born child of the duke and duchess of Cambridge will be welcomed with parties and the popping of champagne corks. He predicted 3 million bottles of champagne and ...
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Sanya diving group ‘Diving Best’ to promote business outside of China
The operator of China's Sanya Diving Training Centre, Diving Best, has expressed interest to enter the local tourism industry, as the State is well known in China as an eco and marine-based tourism destination. According to Sabah Economic Development Investment Authority (Sedia), a meeting with the group from the operator has shown positive outcome. The State's investment ...
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State regulator says oil industrys use of acids to unlock shale reserves is safe
SACRAMENTO -- The state's top oil regulator told lawmakers Tuesday that Californians have nothing to fear about an oil production stimulation practice known as acidization that is expected to become much more broadly used as producers seek to extract billions of barrels of previously unrecoverable shale oil ...
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Lakeland Boys Help Dedicate New Legoland World of Chima Attraction
WINTER HAVEN, FL -- June 16, 2013 -- LEGOLAND Florida's Buddy's Brick Bunch child ambassadors - including Jack Hammond, Age 11, Lakeland, FL, left to right, Alexander Rodriquez, Age 9, Orlando, FL, Aidan Handley, Age 8, Weston, FL, Alek Schoneck, Age 11, Sanford, FL, Julianna Willette, Age 11, Largo, FL, and Angela Winiewicz, Age 9, Orlando, FL - christened Sunday, June 16, the main ...
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How a fast-talking finance manager almost bamboozled me into spending more on my new car
I'm not a chump. I chase people off my doorstep who try to sign me up for energy savings, I turn down water heater upgrades on a monthly basis and have never bought duct cleaning services from someone calling from a basement 15,000 kilometres away from my furnace.But there I sat in the dealership hours after buying a new little car, being bamboozled and outplayed by a finance manager at the ...
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Australia’s Business Confidence Drops to 9-Month Low
Australian business confidence slid to the lowest in nine months in May, despite the central bank’s interest rates cut to the lowest in three years, amid global uncertainties, especially as Europe’s debt crisis continues to deepen while Greece may leave the euro ...
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Wall Street opens higher boosted by New York manufacturing data
U.S. stocks opened broadly higher Monday, as investors awaited Wednesdays Fed policy meeting, with increasing confidence that the Fed wont start tapering in super-easy ...
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Sell-offs across Asia as Nikkei drops 6.4 on BoJ disappointment World Bank weighed
Asian stocks slipped on Thursday as Nikkei triggered sell-offs across the region after falling more than 6%, which places the index in a bear market, while the dollar/yen fell towards the 94-mark on BoJ’s lack of action to calm markets, pushing exporters ...
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Holden says carbon tax adds to car manufacturing woes
As reported in the Australian , he said that the tax is one of the factors which make the cost of manufacturing automobiles higher. "There is no question that a tax on electricity, in making it more expensive in input costs, makes it more difficult for me to make money building cars," he told ABC radio in Adelaide. He added that such costs mean that Holden has to look for ...
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Manufacturing raises profile on MMAC Future 50 list
Josean Bazquez assembles yellow lights for traffic control at TAPCO, which manufactures parking controls and safety products, The company was named to the Metropolitan Milwaukee Association of Commerce's Future 50 list of fast-growing ...
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Will the All Blacks fall to Australia at the next World Cup
the milestone of their 500th Test match . Two of the three NZ tries were instant classics. In fact, there probably won't be a better score this year than Beauden Barrett's late try under the sticks following a dazzling length-of-the-field breakout. But a performance "close to perfection" and other misty-eyed exaltations? Hardly. In fact, come to think of it, there's a ...
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Facebook suffers global crash
Facebook increasingly targeted by scammers Social networkers took to Twitter after a global Facebook outage this afternoon. Facebook went down for less than two hours from around 12.30pm. People in Australia, US, New Zealand, South America and Europe have all reported that they were unable to login to Facebook, or "a website that uses Facebook Connect" for a short period of time. ...
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Top business accessories for your phone tablet
Try a tag to keep track of your phone or keys Richard LaBar has long ditched his heavy laptop in favor of a lightweight iPad mini."I won't travel without it," says LaBar, who totes around the 7.9-inch tablet (from $329) as owner of LaBar Golf Renovations, based in Bernardsville, N.J.LaBar, 43, uses the pint-sized tablet from Apple for e-mail, Web browsing and ...
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Brazil set to change mining rules
BRAZIL President Dilma Rousseff has proposed a new regulatory framework for mining in in the country, one of the world's biggest producers of iron, bauxite, gold, nickel, manganese and other ...
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Asia business sentiment rises in second quarter global growth risk still dominates
SEOUL (Reuters) - Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey ...
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HIGHLIGHTS-Q2 ThomsonReutersINSEAD Asia Business Sentiment Survey - by sector
MUMBAI, June 19 | Tue Jun 18, 2013 11:19pm EDT MUMBAI, June 19 (Reuters) - Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed. The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed ...
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Health disasters can derail a business
The KoKyu relief crew arrived about 7pm on the Friday night of the April Shakori Hills GrassRoots Festival of Music & Dance in Silk Hope, North Carolina (NC).That meant that David "Flip" Filippini, owner of the popular Durham, NC, food truck, could call it a night and have a beer."I walked out in front of the truck and I noticed there was some mud, and I went to go grab some ...
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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