Latest International Business News
RSS-
British Open squash World no.1 Nicol too hot for Joshana
World No.1 and defending champion Nicol David outclassed India's Joshana Chinappa in the first round of the Allam British Open Squash Championships here Tuesday. The Malaysian squash great took 30 minutes to get past her 26th ranked opponent 11-4, 11-5, 11-4 at the KC Stadium. Joshana had qualified for the main draw. Dipika Pallikal, India's highest ranked player at 15, plays her first round ...
-
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 ...
More International Business News
RSS-
Anderson most skillful fast bowler in the world England bowling coach David Saker
England's bowling coach David Saker has described Jimmy Anderson as the most skillful bowler in the world, following the latter's astounding display during the Lord's Test against New Zealand. The ICC ratings place Steyn at number one, while Anderson languishes at sixth place, more than a hundred ranking points behind. But Saker admits that despite Steyn being an outstanding bowler, Jimmy has ...
-
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 ...
-
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 ...
-
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 ...
-
Ford fixates on its flagship truck – for good reason
How important is the F-150 to Ford? Very. It's been the top-selling vehicle in North America for most of the past 25 years, and the best-selling truck in North America for - what? - the past 40 years, at least.Along with the Mustang, it's arguably the model most people identify with this company, and Ford's fate as a manufacturer is tied inextricably to ...
-
Rob Ford Charbonneau and the dark side of social media
Once upon a time - this was in another century, if not on another planet - serious news organizations did their best to prevent the spread of unsubstantiated rumours. This was also a time when judges and prosecutors strongly believed that the presumption of innocence should never be tampered with.Then social media arrived, with their good sides and their bad sides, and introduced a new culture, ...
-
Business South Rift farmers earn sh 370 million from milk deliveries
NYAMIRA, KENYA: Dairy farmers in the South Rift have reason to smile after they earned a total of Sh370 million from their deliveries to Brookside in the past one ...
-
Is America’s Economy Being Sovietized
The Tyranny Of Planned Economy The characteristics of a free market society defy the use of centralized planning. Adam Smith's original concept of free market trade stood as an antithesis to what was then referred to as "mercantilism," a select few "joint stock companies" (corporations) monopolizing production while using government ties to destroy any new competition. ...
-
Parking Industry Tries To Make Your Life Easier
The future of parking has been showcased in Fort Lauderdale, Fla, this week at the International Parking Institute's annual conference. The conversation has been about helping drivers get in and out of spaces as conveniently as ...
-
Copying What The Best Companies Do Yes It Can Be Extremely Entrepreneurial
It probably goes back to elementary school, when you were told "keep your eyes on your own paper." The message was hammered home in ninth grade when your English teacher would flunk you for plagerism. And you hear the disdain almost every day in business when a new product is dismissed as a "me too." Still, I am here to tell you that copying an existing product could be ...
-
Ex Coca-Cola Employee Wants Justice
James Adongo Akologo A former employee of Coca-Cola Bottling Company of Ghana Limited is crying for justice after the multinational failed to pay his redundancy package after forcing him to resign about three years ago. James Adongo Akologo, a father of eight, was a former Depot Clerk at the Sunyani Depot. He toldCITY & BUSINESS GUIDEthat he worked with the company for over 14 years before ...
-
SNC urges world to stop Hezbollah Iran invasion of Qusair
Iran invasion of Qusair.In a statement, Acting SNC chief George Sabra called on the U.N. Security Council to convene an emergency meeting to address the "violations" of Syrian's sovereignty and the lives of its ...
-
Harper test-drives new extractive industries approach to aid in Peru
Prime Minister Stephen Harper arrives in Lima, Peru on Tuesday, May 21, 2013. Following his visit Harper will travel to Cali, Columbia for the Pacific Alliance summit. THE CANADIAN PRESS/Sean ...
-
Business leader urges customers to swap electricity supplier after price hike
Ulster , an industry body which represents hundreds of hotels, bars and restaurants, said it would be encouraging members to look elsewhere for electricity.Chief executive Colin Neill said: "This will have a severe direct impact on our members at a time when they have had to reduce costs and already suffered from a loss in profits."A substantial increase of this size is not something ...
-
Pet shelters tractors Companies kick in tornado relief
tornado in Oklahoma City , several firms are going beyond writing a check, offering help through the use of their equipment, staff, buildings and other in-kind ...
-
Video forensics How easy would it be to fake a Rob Ford video
Should the alleged video of Toronto Mayor Rob Ford become public, a video forensic analysis could reveal whether or not the video is authentic. (Nathan Denette/Canadian ...
-
Is this man the worst scooter driver in the world
It is not every man's cup of tea to drive a scooter. Especially in a country like China with all its billions of people and heavy traffic on almost every street.And if you are a scooter driver, God forbid that you have as bad a day as this man did in China.This man not only managed to hit two cars, another scooter driver and a bus head-on (he survived that, must be made of steel), but also ...
-
Staples earnings sales shy of forecasts
+0.55% on Wednesday reported sales and earnings for the first quarter that slightly fell short of forecasts, though the company kept its 2013 outlook unchanged. Staples posted first-quarter earnings per share of 26 cents, versus 28 cents in the same period a year ago. Sales for Staples fell 3% to $5.815 billion versus $6.025 billion in the year-ago period. A survey of analysts polled by FactSet ...
-
Lowes Q1 earnings $540mln vs. year-ago $527mln
A Forward Look, The Year Ahead - Research Report on Honeywell International Inc., Liberty Global Inc., Charter Communications, Inc., The Home Depot, Inc. and Lowe's Companies, ...
-
Global development podcast whats at stake at the G8
commitments (pdf) to double aid to Africa by 2010, scrap unaffordable debt and spend 0.7% of gross national income on overseas development assistance were made.What's happened since? How have development debates changed? What's at stake for developing countries at this year's summit, with tax, trade and transparency on the agenda?The ...
-
Global employer hiring up 4 for class of 2013 B-school graduates Survey
The high current account deficit will persist as long as we live in a world of low growth - that hurts our exports - and easy global liquidity, which pumps up the oil import ...
News from around our Network
