Latest International Business News
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Chinese Premier Li Keqiang calls for a handshake across Himalayas
Chinese Premier Li Keqiang offered New Delhi a "handshake across the Himalayas" and said the world's two most populous nations could become a new engine for the global economy if they could avoid friction on the militarised border. "What we need is a handshake across the Himalayas, what we need is to stand at a higher level to have a birds-eye view of our relations. I am convinced that as long ...
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Sarah Palin disproves climate change as it snowed in Alaska in May
Former Alaska Governor Sarah Palin took to Facebook over the weekend to express her skepticism of global warming. Palin argued that global warming was not happening, pointing that it was snowing in Alaska in May. According to the Huffington Post, she wrote in a post on her Facebook page 'global warming my gluteus maximus'. In her Facebook argument, Palin confuses weather with climate, a ...
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Costing Institute celebrates Annual Day
The Institute of Cost Accountants of India celebrated its Annual Day in which Mr. K. Rahman Khan, Minister of Minority Affairs was the Chief Guest and Mr. M.J.Joseph, Additional Secretary,Ministry of Corporate Affairs was the Guest of Honor. Cost Accountants from across the country, other distinguished guest and luminaries attended the event which was held at Hotel Oberoi. In the inaugural ...
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2018 FIFA World Cup stadium may be delayed until 2017
The completion date for Zenit St. Petersburg's $1.1 billion stadium has been put back again and it may not open until 2017, a decade after construction work began, the head of the government agency auditing the project said. The stadium is to host a 2018 World Cup semifinal, but the new date means there could be a rush to prepare it for scheduled Confederations Cup games in 2017. "The ...
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Andhra markets GAME city at Cannes
Riding on its extensive cinema industry, which produces one of the largest number of films in India, the government of the southern Indian state of Andhra Pradesh is keen to use the latest technological innovations in the industry to create skill development and employment opportunities for its youth. "We are planning to set up a GAME city which will serve as the hub for Gaming, Animation, ...
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Russia announces cash prizes for World University medallists
Russia's federal government will pay out roughly $5,400 to Russian gold medallists at this summer's University Games in the Russian city of Kazan, according to a decree signed Tuesday by Prime Minister Dmitry Medvedev. Silver medallists, meanwhile, will receive a bonus of just over $2,600, while bronze medallists will earn about $1,600, as Russia looks to finish first in the medal table for the ...
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Chicago man crushes Ferris Wheel ride world record
A man from Chicago rode Ferris Wheel for more than two days - 384 times, up and around - to break the existing world record. Clinton Shepherd, a park operations manager of Chicago's Navy Pier, who spent 48 hours, 8 minutes and 25 seconds riding Navy Pier's Ferris wheel over the weekend, said that he thought that Chicago - birthplace of the ride - should have the title, People magazine ...
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Discarded kidneys could be recycled to produce replacement organs
Researchers have found that human kidneys discarded for transplant can potentially serve as a natural "scaffolding material" for manufacturing replacement organs in the lab using regenerative medicine techniques. According to the researchers at Wake Forest Baptist Medical Center and colleagues, more than 2,600 donor kidneys are discarded each year in the U.S. "With about 100,000 people in the ...
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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 ...
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Lake Alfred Officials Vote Against Business Tax Increase
LAKE ALFRED | The City Commission has unanimously voted down a 5 percent increase in business taxes after several citizens spoke out against the ...
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Columbus State University Implements Data Warehouse and Business Intelligence Environment
REDWOOD SHORES, CALIF. - Columbus State University, ranked among the top regional universities in the South by US News & World Report, improved reporting accuracy and timeliness, enhanced data quality and provided insight into student retention, progression and graduation trends with the implementation of Oracle Business Intelligence Enterprise Edition, according to Oracle press ...
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Iluka earnings to fall
Iluka Resources says lower prices for its mineral sands will cause a fall in earnings in 2013.But prices have stabilised and demand is increasing, the company's managing director, David Robb, told its annual general meeting.Iluka is a major producer of zircon, used mainly in ceramics, and rutile and synthetic rutile, which are used in paints and plastics.Its key markets are China and the ...
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UN global disasters forum condoles Oklahoma tornado victims
New York, May 22 : A United Nations forum dedicated to building resilience to disasters and making communities safer opened Tuesday in Geneva with expressions of sympathy for the people of Oklahoma City over the loss of life caused Monday by a deadly ...
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HudBayThompson Creek combo would be earnings monster--Ecclestone
If a HudBay/Thompson Creek combine was achieved the entity would have a significant option on the future of the moly price, contends Hallgarten analyst Christopher ...
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World moves on from friendship to Internet friendship
Lucknow the previous week. While leaving their place, doctor uncle and aunty gifted me a pen, a blotting pad and a stylish plastic bag for books. Aunty asked me to come to their house on my way to school as and when I would feel like. Back home, my mother kissed me and my father praised me for the ‘self-respect’ I had shown. He said the doctor couple loved me for that. Our ...
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Shell Hunt for new boss under way
The hunt for Shell’s next chief executive was under way, its chairman Jorma Ollila said yesterday, after current boss Peter Voser made what could be his last appearance at the oil group’s annual shareholder meeting. Voser announced his surprise decision three weeks ago to step down in the first half of 2014, before his 56th birthday, and less than five years into the role. Inside ...
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Reunert to ‘plan for and pursue earnings growth’
The electronics firm report a 14 percent dive in normalised headline earnings a share from R2.98 to R2.57 while revenue declined eight percent to R5.3 billion from R5.7 billion. Photo ...
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Bank’s leading indicator slides on global issues
The Reserve Bank’s leading business cycle indicator weakened in March after a resurgence late last year, FNB said yesterday. ';On a month-on-month basis, the indicator declined by 1.1 percent, significantly worse than February’s gain of 0.08 percent.'; When smoothed on a three-month moving average basis, the growth rate was zero. On a year-on-year basis, it moderated from a ...
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Government will stick to its plans when IMF delivers verdict on economy
Christine Lagarde, who said it would be right to slow the pace of deficit reduction if the economy was growing too slowly. Photograph: Alastair Grant/AFP/Getty ...
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4 Australian brands rank among worlds top 100 media
Four leading Australian companies have ranked in the top 100 most valuable brands in the world, the local media WA Today reported on Wednesday.According to the global market research leader Millward Brown and marketing giant WPP, the ANZ Bank, Commonwealth Bank, Westpac and the supermarket giant Woolworth were among the Brandz Top 100 Most Valuable Global Brands list, said the report.The ...
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Nanotech roundup safety concerns bionic ears and worlds smallest movie | Ros Daw
In this month's roundup we report new recommendations on handling nanofibres and nanotubes, the creation of superhuman ears, and a movie made from individual ...
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Former Ford executives indicted for human rights abuses in Argentina
The former executives of the US automaker Argentina unit have been charged with helping officials abduct 24 workers during the country's "dirty war" of the 1970s and ...
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Toronto mayor Rob Ford avoids questions about video purporting to show him smoking crack cocaine
Toronto mayor Rob Ford in happier times, waving the pan american flag during the Closing Ceremony of the XVI Pan American Games at the Omnilife Stadium on October 30, 2011 in Guadalajara, Mexico. (Dennis Grombkowski/AFP/Getty ...
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$105000 Trip Of A Lifetime - The World By Private Jet With Abercrombie Kent Founder
A balloon safari in Kenya is just of many highlights on this epic, global trip by private jet. Photo: Rose Loggi/A&K In 1962, Geoffrey Kent, who was born in East African while his parents were on safari there, ...
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Qatar wins green light for London Shell Centre
Qatar's sovereign wealth fund has secured local government approval to build almost 900 homes and eight office blocks at the site of Royal Dutch Shell's London ...
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