Latest International Business News
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Boeing delivers first-of-its-kind plane to Saudia airlines
The airline currently has a backlog of 21 Boeing airplanes on order Boeing has delivered a 777-300ER extended range plane to Saudi Arabian Airlines (Saudia), marking the latest milestone in its longstanding relationship with the airline and the kingdom.The airplane, the first-of-its-type to be fitted with a three-class cabin configuration, was delivered to the airline at a ceremony in ...
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Appalachian coal mining faces grim future
The high production and labor costs of accessing deep coal reserves, federal regulation, and competition from natural gas and western coal mining has crippled the Appalachian coal ...
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REFILE-PRESS DIGEST - Sunday British business - May 19
Sun May 19, 2013 9:24am EDT LONDON May 19 (Reuters) - British newspapers reported the following business stories on Sunday: The Sunday Telegraph CARR IN POLE POSITION TO BECOME CHAIRMAN OF BAE ...
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Tesco clothing brand plans international expansion
said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise store in Saudi Arabia last year, said it would open shops across the Middle East and in Kazakhstan, Georgia, Armenia and Azerbaijan.Up to six stores will be opened this year, with the first in the Kazakh capital Astana next month.F&F gave no details ...
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One Year After The IPO Is Facebook Already A New Economy Dog
's initial public offering, a retrospective might be in order. A year ago I was so skeptical of all the ballyhoo that I offered readers two rather more conventional stocks which I suggested had better stock appreciation prospects. I am pleased to ...
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GCC is 13th largest world economy - Bahraini Minister
GCC currencies 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$4?1 trillion in ...
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Economic Preview U.S. economy walks uneven path
WASHINGTON (MarketWatch) -- The bubbling U.S. stock market might get more pop this week from positive sales trends in housing, but danger signs lurk in other parts of the ...
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Business NSSF replaces fingerprints registration with new technology
NSSF ) has officially withdrawn the use of its age-old fingerprints based registration system following the integration of cutting edge information technology based ...
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Pope Francis Decries World Where Death of Homeless Not Newsworthy
Pope Francis said Saturday it is heartbreaking that the world today is more concerned about the health of banks than homeless children dying of starvation and cold, and called on the Catholic Church to seek out those who need help the ...
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Amir of Qatar meets Indian Finance Minister
Doha, May 19 (BNA) - The Amir of Qatar Shaikh Hamad bin Khalifa Al Thani met here today with Indian Finance Minister P. Chidambaram on the occasion of his visit to Qatar. Talks during the meeting dealt with relations between the two countries and matters of mutual concern, particularly financial and investment issues. EM E M BNA 1120 GMT ...
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KSA tries to diversify economy nonoil exports hike 5 folds
Saudi Arabia aspires to increase mutual trade with other countries Minister of Commerce and Industry Tawfiq Al-Rabiah expected a growth in Saudi exports during the coming period.He stressed the fact that Saudi Arabia's nonoil exports to the Arab countries had increased five-fold compared to the past seven years."We seek to sign several trade agreements with Arab countries, taking into ...
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Join Oman Air See the world Get training worth over $5 million
Ever wondered why Oman Air cabin crew were so nice? Oman Air has committed RO2mn to staff training in 2013, having already invested more than RO3.3mn over the previous two years.In addition, Oman Air's Board of Directors has approved plans to fund full scholarships for 100 employees, enabling them to improve their academic qualifications in a range of administrative and technical ...
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Time to dig deep NUM warns mining houses
NUM said it was seeking an entry-level minimum monthly wage of R7 000 for surface workers and R8 000 for those underground in a submission to the country's Chamber of Mines, a copy of which was seen by Reuters. Elize Strydom, the industrial relations adviser at the Chamber of Mines, said the minimum wage for surface workers is currently R4 700 and for underground miners it is R5 000, so ...
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Microsoft to announce new Xbox
DURANGO, Infinity, 720, whatever the name, it seems clear Microsoft will launch the next generation Xbox console on May 21. It's been nearly eight years since the Xbox 360 was launched and while it's had its ups and downs, there can be no doubt it's one of the most successful game consoles of all time. Microsoft has remained tight lipped on the mere existence of a new console and, ...
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Global Soccer At Last Joy for Club Familiar With Heartbreak
LONDON ...
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Sheikha Fatima bint Mubarak Ladies World Championship wraps up
WAM LONDON: The fifth round of the 2013 H.H Sheikha Fatima bint Mubarak Ladies World Championship (IFAHR) on Friday was concluded at Newbury Racecourse, London, UK. The 1600-meter race was organised as part of the H.H Sheikh Mansour Bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival. Winner of the race, Irish jockey Marta Pisarek, on Altesse Kossack, finished the race in ...
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UAE believes in a responsible and open world says Nahyan
WAM ABU DHABI, 19th May 2013 (WAM): The United Arab Emirates believes in 'a responsible and open world, while we also believe in change,' the Minister of Culture, Youth and Community Development, Sheikh Nahyan bin Mubarak Al Nahyan, said yesterday. This, he said, was an essential part of the openness and tolerance which characterises UAE society. In an interview with the ...
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Cannes diary stars from the world of music add to the glamour quotient
It's the first big party weekend of the Cannes Film Festival, and the thump-thump-thump of dance music fills the air as armies of smartly dressed revellers clamour to squeeze into the marquee clubs that line the French port's mile-long, crescent-shaped ...
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Social networking is serious business and your Klout counts
American Airlines recently announced that passengers with a Klout score of 55 or more will gain access to its network of premium lounges all around the world. PRNewsFoto / American ...
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Inequality surges in world’s richest countries esp. in times of crisis
USA Not only has social inequality risen in the industrialized nations over the past three decades, the economic crisis of 2008-09 sped up the deterioration as "pain of the crisis was not evenly shared," a new report says. The Organization for Economic Cooperation and Development (OECD), which unites the world's most developed countries, has ...
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Fremont is US new manufacturing hub thanks to Silicon Valley
In a busy factory, machinists move sheets of aluminum roll in the back door to be molded, stamped, twisted and notched into high-tech electric cars that sell for more than $60,000 each.Down the road in another plant, crews slice solar cells, place them under glass sheets and create panels that ship by the boxful to Europe. Elsewhere in this town, industrial workshops and laboratories buzz with ...
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Google’s Plan To Take Over The World
-- without someone’s computerized headgear staring back at you. It was oddly discomforting knowing that thousands of people had the ability to take a photo or video of you just by winking at their Glass. It’s far too early to tell if Glass will take off when it’s ready for the general public, but if it does, then it’ll be just another example of how Google has reached ...
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Miller under attack as he pursues campaign finance reform
An out-of-state conservative group wants you to call Democratic Nevada Secretary of State Ross Miller and tell him that you're "sick of his costly hypocrisy." If you think this sounds like a campaign ad, that's because it is. A group called the State Government Leadership Foundation has attacked Miller for sponsoring a transparency and good-governance bill at the Legislature ...
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Budget business licenses and UMC to keep commissioners busy on consecutive days this week
Sunday, May 19, 2013 | 2 a.m. A busy week of meetings awaits Clark County commissioners, who will convene on three consecutive days to conduct official business. Budgets will be the focus of a special meeting at 9 a.m. Monday, followed by regularly scheduled meetings at 9 a.m. Tuesday and Wednesday, all at the Clark County Government ...
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Microsoft to launch new Xbox game console this week
Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.But the small device faces some big competition from the PlayStation 4 by Sony Corp and the Wii U by Nintendo Co Ltd in a shifting market.Gamers are gravitating to ...
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