Latest International Business News
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Microsoft poised to invest in promising ICT experts in Ghana
Accra, May 18, GNA - Microsoft is poised to invest in the young and promising Information Communication Technology (ICT) experts who are willing to transform Ghana through the power of ...
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Angolas skewed lending said to stifle economy
LUANDA (AFP) - There is no shortage of cash or credit in Angola -- Africa's second oil producer -- but the struggle small businesses face to get loans is stimying efforts to diversify the economy.According to the central bank there was more than $22 billion in credit issued in Angola last year, around a fifth of total economic output.A fledgling banking sector, prodded by the government to ...
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GCC is 13th largest world economy says Bahraini Min.
WAM ABU DHABI: Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus, according to a Bahraini minister. Hassan Fakhru, minister of trade and industry, estimated the combined GDP of the six-nation Gulf Cooperation Council (GCC) at around US$1.4 trillion ...
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World UK PM losing control of party over EU
EU , there would be dire consequences for the country's global influence. The Tories said the PM's position on seeking to return powers was unchanged. Lord Howe's warning comes amid press reports that a figure close to the prime minister called grassroots Conservatives pushing for ...
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Most influential Brit expats in banking and finance
Rick Pudner, CEO, Emirates NBD Rick Pudner heads Emirates NBD, Dubai's largest lender. Pudner joined Emirates Bank as chief executive in 2006 before it merged with National Bank of Dubai a year later. He led ENBD through Dubai's boom years before the emirate's property market tanked escalating into a full blown financial crisis that required the restructuring of corporate and ...
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Working conditions in the fashion industry news and teaching resources round up
The collapse of a factory in Bangladesh has put sustainability in the fashion industry back on the agenda. Here are the best news stories and teaching resources to deal with the issues in ...
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Market to take cues from FIIs inflows corporate earnings
Fifteen touch-screen smartphones to consider below Rs 15,000 Within the huge list, we take a look at fifteen touch-screen smartphones that have been ...
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Business tycoon of Indian origin Vivek Ranadive to own NBA franchise
A software billionaire, Vivek Ranadive has brought smile on the faces of Sacramento Kings' fans after he along with his ownership group reached an agreement for acquiring 65 per cent stake in the Kings. He has thus become the first person of Indian descent to own an NBA ...
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Finance and media dominate Brit List rankings
A total of seventeen sectors are featured on the inaugural Arabian Business Brit List, showing the strong diversity of roles in which Britons in the UAE are now ...
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Weak yen helps drive Japan earnings but no cure-all
Japan's earnings season has drawn to a close with the sharply weaker yen helping inflate profits at some of the nation's top exporters, but, warn some commentators, the drop is not all good news. Sony booked its first annual profit in five years, Toyota more than tripled its earnings in the fiscal year to March and the head of rival automaker Nissan hailed the taming of the currency. ...
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Auto world shifts gears to emerging markets India to ride the high tide
Expressing surprise over S&P's threat to downgrade India's credit rating, India Inc termed the agency's affirming its negative outlook on the country as unfortunate and ...
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US business stockpiles flat in March sales fall
WASHINGTON — U.S. businesses left their stockpiles unchanged in March for a second month while their sales fell sharply. The Commerce Department says business stockpiles showed no increase in March on a seasonally adjusted basis. Businesses hadn't upped their restocking in February, either. Sales fell 1.1 percent in March compared with February when sales had risen 1 percent. A ...
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Feds call for East West Link business case
IF the Victorian government wants federal funding for the East West Link road, it needs to deliver its business case, the federal government says. Premier Denis Napthine says the Bolte Bridge crash, which halted Melbourne traffic on Friday and left a truck driver in hospital, highlighted the need for "more choices" for Victorian drivers. But Federal Infrastructure Minister Anthony ...
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China Southern Airlines or Hainan Airlines to have 1st Boeing Dreamliner
CHINA Southern Airlines or Hainan Airlines will receive China's first Boeing 787 Dreamliner aircraft within weeks, a senior official of Boeing China said ...
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Afghans seek WA advice on mining
The Afghan Government will push Australia to sponsor the training of geologists and mining experts at WA universities as part of efforts to kickstart the war-torn country's resources industry.Afghan Mines Minister Wahidullah Shahrani met State and Federal ministers and a number of small WA mining companies in Perth yesterday seeking investment for the fledgling Afghan resources ...
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Bring the charisma to your Real World audition
Saturday, May 18, 2013 | 8:19 p.m. This is the true story of multiple strangers, auditioning to live in a house, work together and have their lives taped, to find out what happens when people stop being polite -- and start getting cast on "The Real World." Before viewers ever meet the latest housemates of MTV's long-running "The Real World," the show has to get cast. A ...
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Three companies recall antipsychotic drug quetiapine Health Canada says
OTTAWA - Health Canada says three companies are voluntarily recalling all lots of the antipsychotic drug quetiapine. A Health Canada news release says it's due to potential contamination with the antibiotic product clindamycin during the manufacturing process. Health Canada says quetiapine is used in the treatment of schizophrenia and bipolar disorder in adult patients. Health Canada ...
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3-D printers an emerging industry
CHARLESTON, W.Va. (AP) -- 3-D technology isn't just for movie theatres and comic books anymore. In fact, it may very well reshape the landscape for American manufacturing. It's all thanks to advances in 3-D printing, also called additive manufacturing, which has seen tremendous growth in the last few years. "It's a quiet revolution," said Marty Spears, spokesman ...
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Higher sales hiring and spending signal robust business optimism
For the third consecutive year, most executives at Minnesota's biggest public companies say the next 12 months are going to be strong for sales, hiring and capital investment. Our 22nd annual Star Tribune 100 survey of Minnesota's largest publicly held companies found: o Eighty-six percent of the responding firms expect their 2013 sales to improve from last year's. Another 13.5 ...
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Motivation is their business at MotivAction of Plymouth
The recession is over. Just ask the folks at MotivAction, which helps companies pump up workforce motivation with incentive programs that drive sales, improve service and make customers happy. MotivAction, which has been in business since 1976, has added 15 new clients in each of the last two years while revenues increased by 17 percent in both 2011 and 2012. "We’re mostly a ...
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World hunger could be eradicated
19 May 2013 World hunger could be eradicated if the revenues that developing countries lose through tax dodging were available to them to invest in agricultural development, says a report from charity Christian ...
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IAAF Diamond League Nine world leading results set
SHANGHAI - Nine world leading results were set on Saturday at the IAAF Diamond League Shanghai meet, which featuring a star-spangled squad including 7 reigning Olympic champions and 9 defending world titlists. London Olympic champion Shelly-Ann Fraser-Pryce of Jamaica outran her archrival Carmelita Jeter again as she won the women's 100m sprint. The 1.52-meter-high Jamaican set a ...
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College baseball roundup Seton Hill 1 win away from World Series
Seton Hill took advantage of an NCAA Division II-record 12 hit batsmen, including a D-II record five in one inning, and trounced top-seeded Millersville, 12-2, on Saturday night to remain unbeaten in the Atlantic Region ...
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Burnsville pawn shop chain challenging business stereotypes
"I don't have to wait for a man to get a diamond," said Eagan resident Angela Wilson while she tried on rings at Pawn America in St. Paul. Assisting her is sales representative Matt Hogan at the new 22,500-square-foot store. (Pioneer Press: Chris ...
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2000-2010 Ten Years That Changed the World
It began with the collapse of the US mortgage system. By September 2008, the crisis spread all over the world. Within the last year, thousands of companies declared bankruptcy, unemployment reached unprecedented levels, and the number of suicides linked to unemployment and collapsed businesses has greatly increased. Most of the countries are saving their economies using their money. The world ...
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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