Latest International Business News
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Nepali-Canadian first to climb Everest without prosthetic limbs
In a bid to prove to the world that "disability was not inability", Sudharshan Gautam, a Nepali-Canadian citizen, became the first amputee to climb Mount Everest without the help of prosthetic limbs, officials said Monday. "We received information that Gautam, who has no hands, climbed Mount Everest," Dipendra Paudel, an official at Nepal's mountain department under the ministry of tourism and ...
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Chinese hackers resume cyber attacks on U.S. companies government agencies
Chinese hackers have resumed attacks on America three months after hackers, who worked for a cyber unit of China's People's Liberation Army, went silent amid evidence that they had stolen data from scores of American companies and government agencies. The hackers appear to have resumed their attacks using different techniques, according to computer industry security experts and American ...
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Akon ordered to pay child support
A court judge has ordered Akon to shell out 5,000 dollars a month in child support for his two kids. The 'Smack That' hit maker had filed a paternity case against Rozina Negusei in September 2012, as he wanted the court to establish custody, child support and legally recognize him as the father of their two sons, TMZ.com reported. After the singing sensation listed his income as 40,708 dollars ...
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Morning business news - May 21
GREENCORE CEO BELIEVES GLOBAL TAX LAWS WILL BE TIGHTENED UP - Global tax law is going to become an area of much greater focus and will be tightened up. That is according to Patrick Coveney, the chief executive of Greencore and former head of the Dublin Chamber of Commerce. "One of the things that I find a little ironic is that it's the politicians in all of these countries that have ...
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Philippine president creates task force to improve business competitiveness
Philippine President Benigno S. Aquino III has created an inter-agency task force that will help investors do business in the country.Executive Secretary Paquito Ochoa Jr. said Tuesday that Aquino signed Administrative Order No. 38, creating the Task Force on Ease of Doing Business (EODB Task Force) that will improve the country's global ranking in business competitiveness.The task force ...
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Self-Regulation Of Advertising By Beer-Industry Code Violations
In order to avoid exposing vulnerable groups such as children and young adults to alcohol advertising, industry groups have developed their own self-regulation guidelines. However, these guidelines have been criticized for possible conflict of interest, lack of objectivity, and unresponsiveness to complaints about violations. A study of violations of the U.S. Beer Institute code has identified a ...
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Greatest Global Health Challenge Providing Healthcare In Developing Countries
One of the world's biggest challenges is improving global healthcare in developing countries. However, according to the World Bank Group President Dr Jim Yong Kim, although there's been progress in improving global health over the past twenty years, the failure to address "the gritty business of actually delivering health care in developing countries", is causing ineffective ...
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Microsoft revealing next Xbox platform and vision for future of games
Technology News: A tented stage has been set up at the technology giant Microsoft's headquarters in the city of Redmond in Washington State for an "Xbox Reveal" event to play out just weeks before a major annual E3 videogame conference in Los ...
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Microsoft prepares to unveil new Xbox
PlayStation 4 in February, tech pundits are desperate to see what the latest next-generation console will look like. Although it's the entertainment services under the hood that will matter in the long run.One thing is almost certain, judged on technical specifications alone, the next Xbox is set to be very similar ...
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Good News For Boeing 787 Dreamliner Deliveries Resume And United Takes Off
Boeing 787 returns to service with United Airlines. Image: United Airlines. Two separate pieces of news bring some relief for battered ...
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Private companies seek telecom entry
media said on Tuesday, adding the first private-owned telecom provider is likely to begin operations in June. The applicants, most of them Internet companies, are looking for licenses to tap into value-added ...
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EXIM bank to finance Greek ship owners
sse ls in Chinese shipyards. The bank signed agreements with three Greek shipping companies, Diana Shipping, Angelicoussis and Dynagas, to provide them with loans to order "high-end vessels" in Chinese yards, according to an emailed statement from the bank. The bank plans to ...
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Boeing 787 Dreamliner makes first flight in US
A United Airlines Boeing 787 Dreamliner taxis to a gate at O'Hare International Airport after taking off from Houston with United CEO Jeff Smisek, Boeing Company CEO Jim McNerney and more than 250 other passengers on board May 20, 2013 in Chicago, Illinois. The flight was the first passenger flight for the Boeing Dreamliner since it was grounded for electrical problems in January. (Getty ...
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Exeed Industries INJAZ-UAE Team Up to Support Youth Entrepreneurship in UAE
WAM ABU DHABI, May 21st, 2013 (WAM)--Exeed Industries, a diversified and specialised manufacturing industrial company and INJAZ-UAE supported by Khalifa Fund for Enterprise Development, recently conducted two activities, the Innovation Day Camp and JA Job Shadow Day, as part of their CSR activities for this year that aim to cultivate youth entrepreneurship in UAE . The workshops saw more than ...
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A Word With Polks Business People Stephanie Ellenberg
Her ambition led her to a high position, she said. Still, she said she misses the Florida beaches.For her, it is hard to be away from the place that saw her transform over the years. We asked Ellenberg some questions about being part of a big family like is AT&T. Q: What do you really do inside the company?A: The emerging devices is a new division of AT&T. I am in the mobility ...
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Chile GDP grows less as mining investments slows
The country's' economy grew less than analysts expected in Q1 as an investment boom in the world's largest copper producer began to ...
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After a decade global AIDS program looks ahead
WASHINGTON -- The decade-old law that transformed the battle against HIV and AIDS in developing countries is at a crossroads. The dream of future generations freed from epidemic is running up against an era of economic recovery and harsh budget cuts.The President's Emergency Plan for AIDS Relief grew out of an unlikely partnership between President George W. Bush and lawmakers led by the ...
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Dice Man books influenced business tycoon Sir Richard Branson
Business tycoon Sir Richard Branson has told how he was heavily influenced by the Dice Man books - which encouraged readers to hand over decisions to the throw of a ...
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Marine-based economy on wave of growth
/enpproperty--> China's marine-based economy exceeded 5 trillion yuan ($820 billion) last year, accounting for 9.6 percent of the national economy, according to the China's Ocean Development Report. The report, released by the China Institute for Marine Development Strategy of the State Oceanic Administration on Monday, looks at the input of ...
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EU investigation could affect business from Chinas 4G deployment
IDG News Service - The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts. Last week, the EU set off fears of a trade war with China ...
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Small business warns unemployment will rise if the ACTUs wage claim succeeds
Melbourne 3000 Unions and the small business lobby are at loggerheads over a pay rise for the country's lowest paid workers.The Australian Council of Unions (ACTU) says a $30.00 per week increase in the minimum wage is necessary to prevent the country's lowest paid workers from falling further behind.The ACTU's Ged Kearney says those most at risk work in aged care, cleaning, ...
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Microsoft readies new Xbox as entertainment hub
Attendees play video games at Microsoft’s Xbox 360 display at the 2012 International Consumer Electronics Show at the Las Vegas Convention Center in Las Vegas, Nevada. AFP FILE PHOTO SAN FRANCISCO--Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets. A tented stage ...
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Microsoft hopes on Xbox to change entertainment style
(53 mins ago) Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets. A tented stage has been set up at the technology giant's headquarters in the city of Redmond in Washington State for an "Xbox Reveal'' event to play out just weeks before a major annual ...
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Mexican Economy Continued To Weaken In Q1 2013
The weakness we began to see at the end of 2012 carried over into 2013, and deepened, with domestic demand joining the weakness in global economic growth. The economy posted a growth rate of only 0.8 percent in ...
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Chinese companies treated unfairly
CHINA'S state-owned companies may be deterred from investing in Australia because they are being treated unfairly, a Chinese business leader says. Chairman of the China Chamber of Commerce in Australia, Hu Shanjun, said Australia was still a popular place for Chinese groups to invest, but that could change. Mr Hu, who also heads the Bank of China in Australia, said the Australian government ...
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