Latest International Business News
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Former Olympic champion Ma out of World TT
Former Olympic champion and four-time World Cup winner Ma Lin became the biggest name to fall at the World Table Tennis Championships when he was upset by Japan's Kenta Matsudaira in the men's singles second round. Ma was joined by fellow Chinese Hu Limei in the casualty list Thursday. But Hu has nothing to complain about because she was eliminated by teammate and defending champion Ding ...
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97pc scientists agree humans are causing global warming
Most scientists agree that human activity is causing global climate change, according to an extensive analysis of the abstracts or summaries of scientific papers published over the past 20 years. But the public perception tends to be that climate scientists disagree over the fundamental cause of climate change. To help put a stop to the squabbling, two dozen scientists and citizen-scientists ...
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GoM will work towards giving functional autonomy to CBI Chidambaram
Finance Minister P Chidambaram has said that the Group of Ministers (GoM) formed by the government will work towards giving functional autonomy to CBI, but at the same time asserted that accountability is important. "The government will give CBI functional autonomy and will ensure a large degree of functional autonomy to the agency in the matters of investigation," Chidambaram, who is on an ...
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PM seeks co-operation of states industry trade unions to help encourage enterprise
The Prime Minister, Dr. Manmohan Singh, on Friday sought the cooperation of industry, trade unions and state governments to help encourage enterprise and business sentiment in the country. Inaugurating the 45th session of the Indian Labour Conference here, Dr. Singh said: "The Government of India, industry, trade unions and state governments need to work in partnership to strengthen our ...
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Moodys Global economicrecovery losing momentum
(MENAFN - Arab News) Over the past three months, the global economic recovery from last year's slowdown has lost momentum, with several economies still facing significant challenges and unlikely to quickly resume "normal" growth rates, says Moody's Investors Service in a new report.Moody's expects the euro area economy, in particular, to experience a deeper and lengthier ...
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Bill Gates is the world’s richest man Bloomberg Billionaires Index
File photo: Bill Gates, Chairman of Microsoft and Co-Chair of the Bill & Melinda Gates Foundation, listens during the 2013 Fiscal Summit at Mellon Auditorium May 7, 2013 in Washington, ...
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Great Dane is new President of Badminton World Federation
May 18 - Denmark's Poul-Erik Hyer-Larsen is the new President of the Badminton World Federation (BWF) after winning today's election in Kuala Lumpur. The 1996 Olympic men's singles gold medallist defeated his only rival, Indonesia's Justian Suhandinata, in the vote by the BWF membership at the Annual General Meeting.The 47-year-old Hyer-Larsen polled 145 votes to ...
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Cannes Former EMI Boss Launches Entertainment Finance Production Venture
and three partners from the entertainment, finance and brand worlds on Friday unveiled a new entertainment finance, production and distribution venture ...
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Angel Network gives business owners a shot
Jim Pendleton has been an entrepreneur for most of his life and knows starting a business takes ';long hard work and hours with limited capital.';He believes entrepreneurs are the ';backbone of our nation,'; so he and a small group of local business owners have joined forces to help others. Pendleton is president and chairman of the Tyler Texas Angel Network, a group of ...
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German unions agree on engineering industry contract
On Tuesday night, the IG Metall (IGM) and the employers' association in the state of Bavaria signed a contract for workers in the engineering industry. It serves as a model agreement for 3.7 million workers employed in the sector throughout Germany.Engineering workers will receive an extra 3.4 percent pay from July and another 2.2 percent wage increase commencing May 1, 2014. The contract ...
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SOCAR raises automobile gasoline production
1news.az reports with reference to SOCAR that sources in the company announced production of 454,900 tonnes of automobile gasoline, 51.700 tonnes of virgin gasoline within four months. Meanwhile, production of automobile gasoline has risen by 20.5% and production of virgin gasoline dropped by 22%. SOCAR produced 1,444,000 tonnes of gasoline in 2012. 1,296,000 tonnes of automobile gasoline ...
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Extra lessons big business in schools
Officials of the Education Ministry yesterday reiterated this policy position during a sitting of the Joint Select Committee of the Parliament. However, the National Parent Teacher Association (NPTA) said this policy was not being enforced, and lessons ...
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Stocks surge higher on positive news about US economy
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Stocks surged higher, the fourth straight week of gains for Wall Street. (Spencer Platt/Getty ...
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Organic food companies gain Washington clout
U.S. sales of organic foods reached $35 billion last year, and the ...
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Thirty-Three Defendants Charged in Staged Automobile Accident Scheme www.privateofficer.com
MIAMI FLA MAY 18 2013 Wifredo A. Ferrer, United States Attorney for the Southern District of Florida; Michael B. Steinbach, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office; Michael J. DePalma, Acting Special Agent in Charge, Internal Revenue Service-Criminal Investigation (IRS-CI); Jeff Atwater, Florida Chief Financial Officer; and Dave Aronberg, State ...
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Rebuild roads — and economy
The Boston Marathon bombing showed American courage and spirit as exemplified by the runners, spectators and first responders who, rather than running away from the bombing scene, ran directly into it.Contrast that crisis response with the political effort to solve our chronic economic malaise. For the past five years, President Obama and congressional leaders from both political parties have ...
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Obama talks economy jobs in Baltimore
Barack Obama found himself sitting near a 29-year-old man who was uncertain how to reset his life after being released from prison two years ago. In one of the few spontaneous moments of the president's visit, Marcus Dixon - father of two boys - told Obama how he connected in 2011 with a workforce development group called the Center for Urban Families, put his life back together and began ...
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Global research team decodesgenome sequence of 90 chickpea...
Hyderabad, India, and Shenzhen, In a scientific breakthrough that promises improved grain yields and quality, greater drought tolerance and disease resistance, and enhanced genetic diversity, a global research team has completed high-quality sequencing of not one but ninety genomes of ...
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Obesity campaign finance stem cells and more
Thank you for your recent excellent coverage on the "soda tax" ("Soda tax is part of obesity solution," Opinion, May 17). The three medical experts, Goldstein, Wood and Serpas, are to be commended. For years the dental profession has warned patients that consuming great amounts of sugary drinks will result in dental decay ...
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New Microsoft CFOs compensation package disclosed
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. ...
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Minister confident about Afghan resources industry
Afghan mining minister, Wahidullah Shahrani, says his country has launched an aggressive program to develop a strong base for the governance of the mining ...
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Lamphier Steel yourself for more bad news — Spanish and South Korean companies win Walterdale Bridge contracts
EDMONTON - First, Quebec. Now Spain and South Korea.For the second time in a few weeks, outside firms have left local bidders out of luck in the fight over contracts for a key public works project.A consortium led by the Canadian arm of Spanish infrastructure giant Acciona S.A. is poised to win the contract to build the new Walterdale Bridge, the city confirms.The $125 million bid by ...
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F.B.I. Tapes Give Glimpse Into World of High-Stakes Gambling
The description of the poker games and the wagers were among the details found in hundreds of conversations and text messages secretly captured by the Federal Bureau of Investigation, exposing the shadowy and illegal world of high-stakes gambling in New York ...
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Economics Daily Digest Its Gatsbys world theyre just working in it
Today ) Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz writes that while pundits sneer at Millennials, members of the generation that came of age during the Great Recession are too busy working to improve the bad hand they've been dealt to have time for ...
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Governor Signs Manufacturing Tax Break Law
Scott on Friday signed a bill that creates a tax break for the state's manufacturers. The governor made it official during a stop at a Tampa manufacturing firm. The measure (HB 7007) exempts manufacturers from having to pay sales taxes on equipment purchases for three years. The tax break starts in April 2014 and runs until April 2017. The new law also creates a new nonprofit corporation to ...
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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