Latest International Business News
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Bidders vie to build world’s largest hydropower plant in Congo
A file photo shows eight massive turbines, only three of which work, on the Congo River. Existing hydro plants Inga I, commissioned in 1972, and Inga II which followed a decade later, have fallen into disrepair. ...
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Polish economy may grow to 3 late 2014 CB
(MENAFN) A Polish central bank official said that the country's economy may expand to around 3 percent at the end of 2014, reported Reuters.During the first quarter, the country's economy grew by 0.4 percent, the lowest level in 4 years.As for inflation, which reached 0.8 percent in April, there's a little chance that it will quickly return to the bank's 2.5 percent target, ...
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Ikwezi Mining upgrades Ntendeka Colliery resources by over 33
(MENAFN - ProactiveInvestors - Australia) Ikwezi Mining (ASX:IKW), which is targeting coal production this September, has increased its resources at its 70%-owned Ntendeka Colliery in South Africa by over 33% with total resources up to 294 million tonnes from 221 million tonnes. Apart from the resource upgrade, it has also boosted its reserves to 16 million tonnes from 14 million tonnes, which ...
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Truscott Mining raising up to $500000 for NT gold research and exploration
(MENAFN - ProactiveInvestors - Australia) Truscott Mining (ASX: TRM) is raising up to 500,000 for research and development as well as exploration activities on its gold tenements in the Northern Territory.The funds will be raised through a Share Purchase Plan that enables shareholders to purchase between 2,000 and 15,000 worth of new shares.These will be priced at a 15% discount the average ...
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Manufacturing clean technology solutions with Autodesk
There are more than 1300 clean technology companies in Australia. The sector also directly employs more people than the automotive industry, if the Australian Cleantech Review, published in March, is accurate. The review also identifies "very significant" investment opportunities from north Asian countries and an increasing demand for clean technology solutions in industry, provided ...
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Business sales show reasonable momentum
Australia The Australian consumer has maintained a reasonable growth in spending, even before this month's rate cut.The Commonwealth Bank's Business Sales Index (BSI), which measures transactions conducted through the bank's in-store credit and debit card terminals, was up 0.5 per cent in trend terms in April.That follows gains of 0.5 per cent in March and 0.6 per cent in ...
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Australia stocks gain on bank mining advances
LOS ANGELES (MarketWatch) - Australian stocks rose Monday, a stronger start for the benchmark index as banking and mining issues posted gains. The S&P/ASX ...
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FIIs hold back from buying corporate bonds
corporate bonds despite the best rally in five years as the government notification on the reduction of withholding tax has added to confusion than clearing it. ...
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Business sales indicator up again
The prospects for Australian businesses are looking healthier, with spending across the economy rising for the eighth consecutive month.Commonwealth Bank's Business Sales Indicator (BSI) found that spending rose 0.5 per cent in trend terms in April.It was the eight month-on-month increase in a row, with spending up 4.9 per cent in April compared to a year earlier.CommSec chief economist ...
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Heritage Valley economy would likely suffer if Fillmore Western Railway closes
Fillmore and Western Railways engineer Larry Jennings checks a train before it leaves the Fillmore depot. Jennings, of Fillmore, would be affected by a loss of the railways. The railway's vintage trains draw about 50,000 to 70,000 visitors a year, helping to provide cash-strapped Fillmore with sales tax ...
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Housing recovery signs point to healthier U.S. economy
The sputtering U.S. economy seems reluctant to kick back into full recovery mode, but there are signs of improvement and many economists think that by the end of this year it could be chugging along at a healthy pace.On Friday, there was another positive sign with the release of the U.S. Conference Board's Leading Economic Index - a composite of 10 indicators - that showed a solid ...
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PMO loses key business advocate
When a rush of foreign takeover bids for Canadian companies created new pressure for a political response, business executives could count on at least one thing: One of the men shaping Ottawa's reaction was steeped in deal making.As chief of staff in the Prime Minister's Office, Nigel Wright had a position of unique influence over the delicate issues that arose as the government ...
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Triology tour Author Atkinson talks World War II in Knoxville visit
Pulitzer prize-winning author Rick Atkinson speaks to guests Sunday at the Bijou Theater. Atkinson was in Knoxville as part of a national book-signing tour for the final installment of his "The Liberation Trilogy." (Photo by Wade Payne, Special to the News ...
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Online sales Creating a buzz and new business
/enpproperty--> Forays into social media and Web shopping malls With competition white hot in the real marketplace, some carmakers are turning to online retail sales to create a buzz and boost brand awareness. Domestic automaker Geely announced that in the first four months of the year it sold 1,200 of its Gleagle brand cars on Tmall, a popular e-commerce portal. That was more ...
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Lipstick effect hits China as economy slows
/enpproperty--> People are more willing to spend on small indulgences such as cosmetics Fang Jinqi, 32, said the most urgent thing for her at the moment is to develop a more thrifty lifestyle because her job as a property agent business is stagnating. The big fan of Hermes bags who used to buy a new one almost every two months said she has not done so for at least six months. To make up ...
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Gearing for world without PCs
/enpproperty--> Manufacturers seek out other options to keep profit margins Dell Inc, the world's third-largest personal computer manufacturer and one of the most time-honored players in the hardware-making industry, is betting on a 1-year-old software unit to redefine its brand after the global PC market started to suffer from declining sales and the company announced it was ...
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Restoring faith in the stock market essential to economy
/enpproperty--> Stocks | Huang Tiantian Reform is key, says Liu Jipeng, new chairman of China Securities Regulatory Commission The stock market should be a place to realize the Chinese dream and accumulate wealth by sharing in the nation's development, said economist Liu Jipeng. A long-time champion for capital market reform, Liu said he is encouraged by the recent promise ...
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Chinese pharma companies look West
Many seek partnerships, mergers and acquisitions to build brands Several Chinese pharmaceutical companies have been recognized by the overseas medical industry largely because of their partnerships with multinational giants. Zhejiang Hisun Pharmaceutical Co set up a joint venture with US-based Pfizer Inc in September 2012. Simcere Pharmaceutical Group has established a partnership with MSD - ...
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Heilan chief rides into new world of business
/enpproperty--> I performed a comedy-style double-take as our van rounded a corner and we were presented with the sight of two giant Dutch-style windmills, their blades turning as if they were grinding grain into flour instead of deliberately attracting attention in a breathtaking way by being so out of place. Two questions came to mind. Where was this? Xinqiao town in Jiangyin city, ...
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Where economy dances along with ecology
/enpproperty--> It doesn't take a genius to realize the route to economic success in China is to read, learn and inwardly digest the nation's Five-Year Plan, but it does take dexterity and enterprise to respond accordingly and, thereby, beat the market. The lovely city of Wuxi, particularly captivating in spring with blossoms and early flowers adding colorful cheer, is ...
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SVSB Holds Business Projects Presentation
Bandar Seri Begawan - It was another big event for Sultan Bolkiah Vocational School (SVSB) as the Department of Trade and Commerce organised the "Business Projects" presentations for final year students majoring in National Diploma in Trade and Finance 2013. The presentation took place in the Lecture Room, Mechanical Block at 8am. Among the purpose of this presentation was to provide ...
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September debut for Jetstar’s Boeing 787 Dreamliner
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Ala. community colleges expanding business courses
MONTGOMERY, Ala. (AP) - Alabama community colleges are expanding their course offerings that prepare students to start and run their own businesses. Al.com reports ...
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Time-lapse map chronicles decades of global change as seen from space
Satellite imagery can serve as a time machine, revealing dramatic change in just a few seconds - but can you imagine documenting almost three decades' worth of all that change, across most of our planet's land mass? A team of imaging experts, computer scientists and journalists did. Now they've unveiled the result: a global database of zoomable, animated satellite views known ...
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Tech Industry Pushes to Amend Immigration Bill
SAN FRANCISCO ...
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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