Latest International Business News
RSS-
Indian IT honcho Phaneesh Murthy sacked for undisclosed relationship
Indian tech honcho Phaneesh Murthy was Tuesday sacked as chief executive of US-based software services company iGate Corporation "for not disclosing a relationship with a subordinate", over a decade after he was forced to quit Indian IT bellwether Infosys on similar charges of sexual misconduct. "The decision to terminate the employment of president and chief executive Phaneesh Murthy was made ...
-
2018 World Cup infrastructure inadequate
Russia is struggling to beef up its hospitality infrastructure ahead of the 2018 World Cup, with seven of the 11 host cities lagging behind in the number of hotel rooms on offer. Only Moscow, Sochi, St. Petersburg and Kazan meet the FIFA requirement of 60,000 hotel rooms for host cities, World Cup deputy CEO Alexander Djordjadze said Tuesday at the Football Build Expo here. "It's no secret ...
-
UAE Singapore discuss global development
The United Arab Emirates (UAE) and Singapore have held talks over international development. The talks were held between UAE's minister for international cooperation and development, Sheikha Lubna bint Khalid al-Qasimi and visiting Singaporean minister for foreign affairs K. Shanmugam and his delegation. Both sides discussed ways to support efforts in international development, stimulating the ...
More International Business News
RSS-
Mayor Bloomberg to cabbie Ill destroy your expletive industry
View results Mayor Michael Bloomberg cursed out the chief executive officer of a taxi company who won a court case against the city and pledged a post-mayoral revenge against the entire industry, the CEO and one witness said.';[I will] destroy your [expletive] industry,'; Mr. Bloomberg said to Taxi Club Management CEO Gene Freidman, The New York Post reported.He made the comments ...
-
Stock to watch Hewlett-Packard a bargain despite recent gains
: After enduring a roller-coaster ride, shares of the Palo Alto, Calif.-based personal computer giant are basically flat over the past year. Its stock, however, has been roiled in recent years by a revolving door of chief executive officers as its personal computer and printing businesses continued to face competition from smartphones and tablets. Meg Whitman, who took over as CEO in late 2011 ...
-
World How bad is Americas tornado
Dr Fujita's goal was to come up with a robust, quantitative scale for categorising both the intensity and the area of a given tornado, and deriving an after-the-fact estimate of the wind speeds present within ...
-
Raytown paves way for Wal-Mart grocery in 3 a.m. vote
After meeting for about seven and a half hours, the the Raytown Board of Aldermen voted 6-4 early Wednesday to allow a change that paves the way for a Walmart grocery store in its ...
-
Has the IMF pulled its punches in its verdict on the UK economy
IMF experts appear to have softened their view after spending a fortnight in London talking to officials at the Bank of England and the Treasury - and amid signs of life from the ...
-
Partners In Power The Worlds Most Influential Couples
The 100 ladies on FORBES' list of the world's most powerful women are politicians, CEOs, activist billionaires and celebrities, and all are at the top of their game. This year, several of our power women have a partner who is as equally influential. These power duos prove that whether they're tackling global crises or ruling the world, sometimes it takes two. Here's a look ...
-
The Worlds Most Powerful Female Entrepreneurs 2013
The World's Most Powerful Female Entrepreneurs Of the 100 remarkable women on the 2013 list of the World's Most Powerful Women, you'll find CEOs and heads of state, philanthropists, billionaires and bureaucrats. But while they all have the power to shape-and reshape-our world, within the ranks of the 100 is an even more elite power list: the 17 women who built their power-and ...
-
Highest monastery in the world
At an elevation of about 5,000 meters, the Rongbuk Monastery located on Mount Qomolangma is the highest monastery in the world. The monastery was built in 1899 by a Ningmapa lama. The number of lamas reached 600 in the past, but now only about 30 there. Mani stones, carved with sacred syllables and prayers, line the site's paths. Although small, the Rongbuk Monastery holds good influence ...
-
Development of companies is important
Annual reports from some major companies, showing weak profits, make for bleak reading. Profits, while important, are only part of the picture. Development and nurturing of companies is also important, says an article in Beijing News (excerpts ...
-
China Southern Boeing 787 due mid-year Aussie flights by years end
" alt="China Southern's Boeing 787 could be flying in Aussie skies by December" style="position: absolute; top: 50%; left: 50%; margin-left: -233.5px; margin-top: -130px;" title="China Southern's Boeing 787 could be flying in Aussie skies by December" ...
-
Suffolk mayor Terry Buckle drives car into Tesco Express store in Moreton Hall
Shoppers watched in amazement as Mr Buckle, mayor of St Edmundsbury, drove his silver Vauxhall Vectra through the doors of the supermarket in Lawson Place, Bury St Edmunds, yesterday.He was taken to West Suffolk Hospital suffering from minor injuries and shock but was later released.Suffolk Police said noone was injured and no serious damage was caused.Mr Buckle's wife Pam told the East ...
-
A rerun Microsoft returns to TV programming with Halo show
The software giant's new show, produced by Steven Spielberg, brings the company back to creating original content, a business where it's had some ...
-
Microsoft talks Xbox One naming privacy and more
CNET sits down with Microsoft's Jeff Henshaw to talk about the new Xbox One, including how long it will last, and whether the name's going to be ...
-
TVB wins broadcasting right of World Cup 2014
(5 mins ago) TVB (0511) won the right to of FIFA World Cup in 2014 for HK$400 million. General manager Mark Lee Po-on said the exclusive right includes all 64 matches on pay TV channels. Only 22 of these matches will be aired on free channels, including six core matches and daily highlights, on both digital and analog ...
-
SeaWorld reports first-quarter earnings as public company
SeaWorld is scheduled to release its first-quarter earnings after the stock market closes this afternoon. That will be followed by a 5 p.m. conference call between SeaWorld management and stock analysts, where the new ...
-
Earnings Outlook H-P expected to post big drop in sales earnings
SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. is expected to report a sharp drop in revenues and earnings on Wednesday afternoon, as analysts brace for the impact of a weakening PC market and some level of uncertainty about the broader corporate technology ...
-
World on course to run out of water warns Ban Ki-moon
Woodland stream Snowdrop Valley, Exmoor. 'Although seemingly abundant, only a tiny amount of the water on our planet is easily available as freshwater,' said Ban Ki-moon. Photograph: Martin ...
-
L.A. mayors race Eric Garcetti leads Wendy Greuel with 100 percent reporting
Video: Latest from the L.A election After falling substantially behind in the unofficial vote total, City Controller Wendy Greuel has called City Councilman Eric Garcetti to concede the Los Angeles mayor's ...
-
Kenya Counties Should Support Business
ONE senator is proposing a law that investors must pay royalties to the counties where they are situated. She suggested that 20 percent of turnover would be an appropriate amount. This would be a disaster. Firstly, very few companies make 20 percent profit on turnover. Most companies make between five and ten percent. Therefore this new tax would force the company into losses, and it would have ...
-
Business group endorses British shale
A British business group said the shale natural gas sector could add more than 70,000 jobs to the economy and not just in industry-specific fields. A report from employer group The Institute of Directors says developing shale natural gas in could create at least 74,000 jobs, from geologists to truck drivers, and deliver significant tax revenue to the British economy. Investments could reach ...
-
Regulator says satisfied with Lloyds RBS capital plans
and was comfortable with their plans.The Prudential Regulation Authority said it would release more information when it had concluded discussions with all banks, including, where necessary, if banks need to take steps to meet any shortfalls.Lloyds and RBS each said on Wednesday they did not need to issue more equity, and would meet extra capital needs by selling assets and through retained ...
-
Auto makers in a fierce battle over fuel economy
Ford enjoyed great success with the EcoBoost V-6 engines in its F-150 pickups and that has General Motors working overtime to buff the image of its new V-6 in the 2014 Chevrolet Silverado and GMC Sierra - as well claims about the fuel economy of the new 5.3-litre V-8 in GM's new rigs.Consumers, meanwhile, are being bombarded with claims and counter-claims not just between GM and Ford, but ...
News from around our Network
