Latest International Business News
RSS-
World Bank UN chiefs to visit African Great Lakes region
The World Bank President, Jim Yong Kim, and UN Secretary-General Ban Ki-moon will make a joint visit to Africa's Great Lakes region, a World Bank statement said Monday. The visit is to be undertaken in support of a landmark peace agreement and to push for economic development in the troubled region. "The visit will draw attention to the plight of fragile and conflict-affected countries ...
-
Russia needs 3 to 5 years for an efficient economy
Russia will need three to five years to exit stagnation and build an efficient economy, former finance minister Alexei Kudrin has said. "Even if we roll up our sleeves and set to work right now, we'll need from three to five years to achieve new elements of efficiency," Kudrin said at an Open Tribune meeting held by the State Duma, the lower house of Russia's parliament. He also said the ...
-
US drugmaker Actavis buying Warner Chilcott in $8.5bn deal
WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...
More International Business News
RSS-
Morgan Stanley India to sell wealth management arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
-
On World Day UN encourages joining Âdo one thing for diversity and inclusionÂ’ campaign
Print 21 May 2013 – Visit a museum, watch a foreign film or share your traditions with someone else, the United Nations is today encouraging people to ‘do one thing’ to mark the World Day for Cultural Diversity for Dialogue and Development. ';Culture, in all its diversity, can foster a sense of identity and cohesion for societies at a time of uncertainty. It is also a ...
-
The Rob Ford spectacle is incredible and outrageous and his friends need to demand that he do the right thing
Canadians trust their politicians to do the right thing, even if they do the wrong thing. They trust them to have honour, and to respect the honour of their office.The time for Toronto Mayor Rob Ford to address allegations that he was captured on videotape smoking crack in the presence of a drug dealer was last Friday, when the allegations emerged, or Tuesday at the latest. The moment passed him ...
-
Watch Allegations the Rob Ford re-enactment video
A Toronto teen art collective has released a YouTube video, re-enacting a video that allegedly shows the city mayor`s smoking crack cocaine. The teens' re-enactment is based on media reports of what is depicted in the ...
-
A teen-art collective re-enacts Rob Ford scandal
Pssssst wanna see a video of a seemingly stoned, very large, mumble-mouthed guy insulting Justin Trudeau - and not have to pay $200,000 for the experience?Get thee then to YouTube where seven members of a teen-art collective from Toronto's often-troubled Parkdale district have posted their re-enactment of "the alleged video that allegedly depicts [Toronto Mayor] Rob Ford's ...
-
Spain must bring its shadow economy back into the light
Visit the ROB Insight homepage for analysis available only to subscribers. Spain's unemployment rate could climb to 30 per cent by 2015, up from a record 27 per cent now, according to Socit Gnrale. Such staggering levels of joblessness would signal economic devastation just about anywhere - except in Spain, where the average Spaniard would roll his eyes and tell you not to worry, everyone ...
-
Fifteen Divers On USA World Championship Roster
INDIANAPOLIS, Indiana, May 21. THREE of the American divers who won Olympic medals last summer in London look to repeat or improve on their Olympic performances this summer at the FINA world championships in Barcelona.David Boudia, the lone gold medalist among the Americans last year, will face strong competition in the platform event, as he did last summer to win gold. In addition to the gold ...
-
AGPMPN warms up for World Doctors’ Day
The Association of General and Private Medical Practitioners of Nigeria, an affiliate of the World Organisation of Family Doctors, is set to mark the 2013 World Doctor Day with a public ...
-
Microsoft touts Xbox One as all-in-one entertainment
(Editor's note: I am, at best, confused by a lot of the decisions Microsoft has made with the Xbox One. No backwards compatibility? Fees to share games and play used games? We're talking about paywalls here. And the whole thing has shifted -- or seems to have shifted -- away from gaming and onto Television. That is pretty stupid, if true. -- William ...
-
Hyman Brand team is bound for global competition
Mix a storytelling challenge with six girls and one bright idea, and you’ll get the Destination ImagiNation team from the Hyman Brand Hebrew Academy, bound for the global competition Wednesday in Knoxville, ...
-
Russia’s ex-finance minister stresses role of private investments in Russian economic growth
LONDON, May 21 (Itar-Tass) - A key role in Russia’s economic growth should be played by private rather than government investments, Russian former Finance Minister Alexei Kurdin said on Tuesday at the Russia Calling! Investment conference organized here by one of Russia’s biggest banks, ...
-
QA Reworking Finance to Serve People and the Environment
- The wake of the global financial crisis, as many national governments in Europe cut back on services to citizens and used public money to rescue banks, taught many people a valuable ...
-
RBS and Lloyds stakes should be sold says IMF
Britain will be advised to sell off the state's holdings in the Royal Bank of Scotland and Lloyds Bank by the International Monetary Fund (IMF) in a move that will embolden George Osborne as he attempts to justify his economic ...
-
Pantheon Introduces a New Tool for Companies Seeking Top Drupal Talent
Partner Program to connect Drupal development shops and digital agencies with companies who need to build and launch high-performance, scalable, high-stakes Drupal ...
-
Microsoft Reveals The Xbox One
Microsoft promises the Xbox One will be more than just a game console, but a "living room" with a TV tuner and cable box. Users will be able to switch between watching TV and gaming instantly through the Kinect ...
-
Columbia researchers predict an increase of heat related deaths in Manhattan from global warming
Photo credit: A thermometer indicates a temperature of 120 degrees Fahrenheit in 2006. (Getty) Think Manhattan is a hot place to live? You have no idea. As many as 1,000 extra weather-generated deaths a year may occur in the borough by the 2080s under the worst case global warming scenario, according to a new joint study by the Columbia University Earth Institute and the Mailman School of ...
-
Global factors are strong drivers of Asia hotels revenues.
A study of global and local factors that drive changes in hotels' revenue per available room (RevPAR) in eight major Asian cities found that the revenues for the hotels in these cities are strongly subject to global forces. "When we initially interviewed the hotel managers, they listed many local events and factors as potential drivers of their revenue, and they were not focused on ...
-
Xbox One Microsoft unveils new console that changes everything
Xbox console on Tuesday that not only integrates TV, internet and gaming, but also will measure your heartbeat and recognise your voice.The company said the Xbox One will revolutionise its users' lifestyles by integrating the cloud, voice control and gesture technology into a simple, intuitive machine."It changes everything," Marc Whitten, an Xbox executive, told a packed hall of ...
-
Henry Ford Beaumont hospital merger called off
Nancy Schlichting, president and CEO of Henry Ford Health System, said that 'two very different perspectives had emerged for the new organization between Henry Ford and Beaumont.' (John T. Greilick, file/The Detroit ...
-
Without much effort imagine the world reaction if Jews were in the situation of the Palestinians with them having a large army building a wall of shame and forcing the people to live in ghettos Thus the boycott of Israel is valid and I agree with it
As for the Jewish people, who are always on the lookout for any news that is broadcast on international media whose intent is critical to their behavior on this sensitive issue with Palestine, they deserve to be reprimanded, yes. Without much effort, imagine the world reaction if Jews were in the situation of the Palestinians, with them having a large army, building a wall of shame, and forcing ...
-
A Global Goal on Gender Equality Womens Rights and Womens Empowerment From the sidelines to the centre
Hardly a day goes by without a news story on some violation of women's rights. In recent months, appalling incidents of violence against women and girls, from Delhi to Johannesburg to Cleveland, have sparked public outrage and demands to tackle these horrific abuses. In Bangladesh and Cambodia, the shocking loss of life by garment factory workers, many of them women, sparked global debate ...
-
Aviation officials see global emissions deal possible by 2020
Reuters © An Airbus A380 flies through cloud during a display flight at the Farnborough Airshow 2012 in southern England July 9, 2012. REUTERS/Luke ...
News from around our Network
