Latest International Business News
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Euro zone business slump eases but second-quarter contraction likely - PMI
Reuters © A worker welds a metal furnace in a factory in Gravellona Lomellina, 45km (27 miles) southwest of Milan, June 11, 2013. REUTERS/Stefano ...
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Morning Swim Show Kevin Blum Excited for World University Games Reunion
PHOENIX, Arizona, June 20. KEVIN Blum joins today's edition of The Morning Swim Show to talk about his upcoming duties as assistant coach for the American swim team headed to the World University Games. Blum, now the head coach at Coronado-Navy Swim Association, talks about training Andrea Kropp and Meghan Hawthorne in their younger years at Rattler Swim Club. He's excited to see them ...
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World Chinese astronaut gives lecture from space
China 's fifth manned space mission, Shenzhou-10, is scheduled to end around 25 or 26 June. The crew is also expected to attempt a manual docking later on Thursday. This will involve getting back inside their Shenzhou capsule, unhooking from Tiangong and then flying around the lab to re-attach the capsule to the laboratory. 'Sixteen sunrises' Ms Yang used difference experiments to ...
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Microsoft makes u-turn on Xbox One features
Microsoft has reversed plans to implement a number of features on its upcoming Xbox One gaming console after a wave of criticism online. The company has initially suggested that the Xbox One could block the use of second-hand games, stopping users from trading in old games or swapping software with friends. Gamers also expressed distaste for a requirement that the console be connected to the ...
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Morning Business - 20 June
British chancellor George Osborne outlined something a strategy for removing bailed out banks Lloyds and RBS from state ownership in his Mansion House address last night. Peter Brown, Founder of the Institute of Financial Trading said selling off the 39% stake in Lloyds was widely anticipated. "Lloyds have been quite aggressive in cleaning up its balance sheet and is well down the road to ...
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Brad Pitt to open Moscow film fest with World War Z
Moscow, June 20 : Brad Pitt will open the 35th Moscow International Film Festival with the apocalyptic movie "World War Z", recently premiered in New ...
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The World’s best programmers will gather in Ekaterinburg
/. Agreements have been reached that commit the ACM ICPC World Finals Championship to Ekaterinburg in 2014. The ICPC Executive Director, Professor Bill Poucher of Baylor ...
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Xbox One U-turn - has Microsoft done enough
Microsoft has responded to global outcry by abandoning plans to require daily online authentication and to restrict sharing of games on its forthcoming Xbox One console. Xbox president, Don Mattrick, said the decision came after 'candid feedback' from gamers - there had been much outcry and talk of boycotting the console. However Microsoft did not move to address concerns over a price ...
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Jamaica seeks closer ties with diaspora to boost business investment
The Jamaican government is seeking to forge stronger ties with its diaspora, estimated by the World Bank to have some 5.4 billion USdollars in savings, to spur its economic growth and development.Emulating some successful models such as Israel, China and India,Jamaican Prime Minister Portia Simpson Miller earlier this week pledged to put in place the necessary framework."We are resolutely ...
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Maastricht is one of worlds best new universities
Maastricht University is in sixth place in the Times Higher Education group's latest ranking of universities which are less than 50 years old. The ranking of young universities gives a picture of the progress made by newcomers in providing a top class education. Maastricht has moved up from 19th place in ...
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China stocks tumble as manufacturing activity falls
BEIJING - Chinese shares slumped on Thursday after HSBC data showed the nation's manufacturing activities fell to a nine-month low this month. The tumble also tracked wide ...
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Microsoft rows back on Xbox One limits
Microsoft has rolled back a much-criticised requirement that its upcoming Xbox One gaming console be regularly connected to the internet, and made clear that there will be no limitations on sharing games.Microsoft has been criticised for vague statements about whether it will allow Xbox One buyers to play secondhand software. Gamers also expressed distaste for a requirement that the console be ...
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Microsoft will pay you to successfully hack Windows
announces that it will be offering direct cash payments"in exchange for reporting certain types of vulnerabilities and exploitation techniques". No, Microsoft has not gone crazy (at least I hope). Companies usually offer such bounty programs for sane reasons -- security and publicity. From a security standpoint, it makes sense for Microsoft to invite people to hack its products. When ...
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China business sentiment remains subdued in Q2
/enpproperty--> Chinese businesses remained worried about future development in the second quarter of 2013 amid overall optimism in Asian companies, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday. The survey, polling 91 top companies in the Asia-Pacific region, revealed that the Asia business sentiment index in Q2 climbed six points to ...
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Huawei to expand corporate business in Japan
/enpproperty--> Huawei Technologies Co Ltd, the world's second-largest telecommunications equipment maker, said it will expand sales of IT equipment to Japan-based companies and expects revenue from its enterprise business to rise tenfold to $500 million by 2017, nikkei.com reported. Xu Wenwei, executive director of Huawei's enterprise division, said that Japan is a key strategic ...
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Syrian mortar shell hits Golan Heights
The Golan Heights crossing between Israel and Syria. (Al Bawaba file photo) A mortar shell fired from Syria hit the Israeli-occupied Golan Heights on Thursday, the Israeli military said Thursday."There was no damage or injuries and the soldiers conducted a sweep in the area of the blast," a spokeswoman told AFP.The spokeswoman refered to the blast being linked to the "internal ...
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One in eight world bird species at threat of extinction report says
TORONTO - A campaign that raised $200,000 to purchase an alleged video appearing to show Toronto Mayor Rob Ford smoking crack was a "beautiful example" of the fundraising power of the Internet, says ...
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Quick hits Bocce players prepare for national world events
The Italian Athletic Club is being spruced up for a big event — the United States Bocce Federation National Championships. The Bella Bocce women’s team is also headed to the world championships in ...
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Weaker rouble not beneficial for economy Alexei
ST PETERSBURG (RUSSIA): A weaker rouble will not benefit the Russian economy, Deputy Central Bank Chairman Alexei Ulyukayev said on Thursday, joining into a heated debate among government officials whether the authorities should let the currency weaken to spur growth. Ulyukayev, who is soon expected to leave his post at the central bank and take over ...
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DM Honors Emarats Participation in World No Smoking Day
WAM DUBAI, June 20th, 2013 (WAM) -- Dubai Municipality (DM) has honored Emirates General Petroleum Corporation "Emarat" for its active participation in the World No Smoking Day and its prompt response to stop the sale of cigarettes and other tobacco products at the Corporation's convenience stores during the day. DM also honored the corporation for the launching of awareness ...
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Mining and luxury stocks hit as Europe shares fall
LONDON, June 20 | Thu Jun 20, 2013 3:09am EDT LONDON, June 20 (Reuters) - European shares fell on Thursday as confirmation that the U.S. Federal Reserve would wind down economic stimulus measures, together with weak Chinese data, hit investor sentiment. The pan-European FTSEurofirst 300 index, which raced to a 5-1/2 year high last month, was down by 1.5 percent at 1,162.19 points by ...
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China manufacturing hits nine-month low in June
BEIJING (AFP) - China's manufacturing activity shrank again in June, HSBC said on Thursday, hitting a nine-month low and adding to concerns about the strength of the world's second biggest economy.The British banking giant said its preliminary purchasing managers' index (PMI) came in at 48.3, worse than May's final reading of 49.2 and its lowest since September.A reading ...
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First woman chair ‘important milestone’ for Mining Association of Canada
Long-time Rio Tinto executive Zo Yujnovich, currently the CEO of the Iron Ore Company of Canada, has been elected the first female chair of the Mining Association of ...
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Mining Gold sector pay talks delayed
Wage negotiations in the gold industry, in which the Chamber of Mines will represent member employers, have been postponed to the middle of next month. The intervention by Deputy President Kgalema Motlanthe to promote stability in mining was one of the major reasons for the postponement, Charmane Russell, the external spokeswoman for the Chamber of Mines at Russell & Associates, said ...
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Economy is doing well says Zuma
Cape Town - The economy was ';doing very well';, and it was wrong to believe that investors perceived South Africa in a negative light, President Jacob Zuma told Parliament last ...
Middle East Focus
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Israel and Palestine as one country?
Peace in the Middle East, it’s as illusive now as it was ten years ago and ten years before that. For many commentators, peace in the Middle East has become a myth, something local and international governments strive for or claim to support without any real hope of realization of the goal. With the current impasse between Israel and the Palestinian Authority ongoing, an old theme is being kicked around again, that of a single state that incorporates Israel and Palestine.
A single state solution is an idea that grew up in the 1920s and then died with the Six-Day War when divisions between the newly-founded Israeli state and the rest of the region were too entrenched for the idea to retain any traction. The political landscape after the war and even today is what many Jewish groups feared when Jewish Zionists were calling for a return to the biblical homeland to develop a Jewish state. Read more
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