Latest International Business News
RSS-
Business leaders ask UK to stay in EU
Some of Britain's best-known business leaders have rejected calls for leaving the European Union, saying in a letter to a left-leaning newspaper that ';the economic case to stay in the EU is ...
-
Taiwan make history by claiming men’s doubles title at World Table Tennis Championships
May 19 - Taiwan's Chen Chien-An and Chuang Chih-Yuan claimed a stunning victory in the men's doubles final at the 2013 World Table Tennis Championships in Paris to take the country's first ever gold medal in the history of the event. The seventh seeds went in as huge underdogs against the Chinese top seeds Hao Shuai and Ma Lin but in a thrilling clash, the duo prevailed in six ...
-
Alessa Industries reveals expansion into Qatar
Alessa Industries Group, Saudi Arabia, has announced its plan to expand into the Qatari market and is may build a factory in the country in the future. CEO Eng. Yousef Al Mutlaq said: "The is based on the country’s promising potential. The move also reflects our commitment to supporting economic integration between the member nations of the Gulf Cooperation Council." Based in ...
More International Business News
RSS-
Worlds tallest Buddha statue finished
The construction of the world's tallest statue of Amitabha ("Infinite Light") was completed on Sunday in Jiujiang, Jiangxi province, according to China Youth Daily. The 48-meter-high statue cost 1 billion yuan ($162 million) and used 48 kilograms of gold for gilding. Construction funds came from disciples and philanthropists around the world, the report said. ...
-
British business says Brexit will cost UK $140bn annually
UK As the question of the UK's EU membership has taken the center stage of British politics, some of the UK's leading business heavyweights argue that political interests should not be placed before the economics. Some of the UK's leading business heavyweights including Sir Richard Branson and Sir Martin Sorrell as well as the current and next presidents of the Confederation of ...
-
Russia Needs 3-5 Years to Build Efficient Economy – Kudrin
MOSCOW, May 20 (RIA Novosti) – Russia will need from three to five years to exit stagnation and build an efficient economy, former Finance Minister Alexei Kudrin said on Monday. "Even if we roll up our sleeves and set to work right now, we’ll need from three to five years to achieve new elements of efficiency," Kudrin said at an Open Tribune meeting held by the State Duma, ...
-
Breaking Amish Brave New World Cast Doesnt Know Anything About Washington DC
Breaking Amish: Brave New World ." When they reached Washington DC on their road trip to Florida, they were unimpressed with most of what they saw. Sabrina compared the White House to a dollhouse. "Really? The President of the United States lives in that?" she said. "Like, I've seen Amish houses that are bigger than that." After they were done bashing the white ...
-
Tanzania Gemstone Miner Richland Resources Results Affected By Illegal Mining
PRECIOUS coloured gem miner Richland Resources announced in its first quarter for the year a tanzanite output of 788,198 carats with an average grade of 97 carats per tonne, reports The Telegraph. This was an improvement over the same period last year when the company extracted 533,400 carats with an average grade of 51 carats, although, a slight decrease from the last quarter of 2011. ...
-
Emir of Qatar Arab world is witnessing the most important stage in its history
WAM DOHA, May 20th, 2013 (WAM) -- H.H. Emir Sheikh Hamad bin Khalifa Al Thani of Qatar affirmed that the world has witnessed fast-paced changes, not only in the fields of politics, but also in the fields of economy, society, culture and humanitarianism. The Qatar news agency (QNA) stated that Sheikh Hamad, during his speech at the opening of the "Doha Forum and the Conference of ...
-
Ihsanoglu analyses the current trends in Science Technology and Innovation in the Muslim World.
WAM ABU DHABI, 20th May, 2013 (WAM) -- The Secretary General of the OIC, Ekmeleddin Ihsanoglu, has cautioned that the future of science in the OIC Member States would depend on their ability to address the practical challenges of scientific development and take the right policy decisions to fully exploit technology's development potential. In a public lecture organized by the New York ...
-
A new line of business at Currys Auto Service
Gainesville-based Curry's Auto Service has received exclusive distribution rights to a battery-conditioning technology created by a former General Motors employee that can make a hybrid car's battery come back to life, The Washington Post reported. The process takes about five hours of hands-on time. The battery pack is removed from the vehicle and attached to a machine, where it is ...
-
10 business lessons from Star Trek
Zachary Quinto and Chris Pine star as Spock and Kirk in Paramount Pictures' Star Trek Into Darkness. Gene Roddenberry, creator of Star Trek, knew something about organizational structure in challenging situations. He trained as a police officer and later worked for the Los Angeles Police Department. He flew dozens of bomber missions in the Army Air Corps in World War II. And he was a ...
-
Rob Ford keeps low profile amid crack video ‘sideshow’
Toronto Mayor Rob Ford attends the flag-raising ceremony marking the start of Pride Week, the day after substance allegations against him were reported by the Toronto Star. Toronto May 17 2013. (Fernando Morales/The Globe and ...
-
Gov. Scott signs manufacturing tax break bill
Gov. Rick Scott Gov. Rick Scott signed into law Friday a bill that eliminates state sales tax on the purchase of new manufacturing equipment, the Jacksonville Business Journal reports. The measure, which gives manufacturers a three-year break on paying the 6 percent tax, had been one of Scotts top legislative priorities and he circled the state to promote it. Florida has been at a competitive ...
-
UPDATE 3-Indonesia names new finance minister wins praise
Mon May 20, 2013 6:44am EDT * Former investment chief named finance minister * Economists praise choice * Slowing growth, bloated subsidy bill big challenges * Basri is protege of former finance minister (Updates with reaction, context) By Rieka Rahadiana and Andjarsari Paramaditha JAKARTA, May 20 (Reuters) - Indonesia named its respected investment chief as finance minister on Monday as ...
-
The importance of country risk for mining investment
Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices says Thibaut Lepouttre, editor of Belgium's Caesars Report. A Gold Report ...
-
Indian industry bodies term SP downgrade threat unfortunate harsh
Business India News: Indian industry bodies have termed the global agency's affirming its negative outlook on the country as unfortunate and harsh, expressing surprise over Standard & Poor's threat to downgrade India's credit rating. Standard & Poor's (S&P) has warned that it may downgrade India's sovereign rating to junk grade if the government fails to ...
-
Eurozone crisis live Global markets hit five-year high
climbed to levels not seen since the start of the financial crisis over five and a half-years ago. Investors are increasingly cheered by signs that the global economy is recovering. The Japanese Cabinet office helped this latest outbreak of bullishness by predicting overnight that the Japanese economy is picking up slowly. In its new monthly report, it ...
-
Half of worlds companies to embrace BYOD by 2017
Computerworld - About half of the world's companies will adopt bring-your-own-device programs by 2017 and will stop providing computing devices to employees, a new Gartner report predicts. Ultimately, only 15% of companies will never move to a BYOD model, while about 40% will offer a choice between BYOD and employer-provided devices, according to the report, by Gartner analyst David ...
-
Lockheed Martin attempts to win international cybersecurity business
Bethesda-based Lockheed Martin has a strategy in place to win new work internationally and in growing sectors such as cybersecurity, the defense contractor's new chief of information systems and global solutions told the Washington Post. In a wide-ranging interview with the Post, Sondra L. Barbour, who took over the challenged unit late last month, told the business editors, "The ...
-
Exclusive survey Small business isnt feeling recovery
Small business owners say they're not yet feeling the effects of an improving economy, and most aren't rushing to hire, or seeking funds to invest in their ...
-
DealBook JPMorgan Chase Vote Tests Stockholders’ Power
JPMorgan Chase take the stage in Tampa, Fla., on Tuesday, to face shareholders who can take comfort in a rising stock price and a prospering bank. But those same shareholders may also deliver a humbling rebuff to Mr. Dimon and the bank's board. If shareholders vote to separate the jobs of chairman and chief executive -- positions that Mr. Dimon has held since 2006 -- it would signal a ...
-
Move to promote honey industry of Northeast India
India will mandate that all firms offering internet telephony, including popular online phone service provider Skype owned by software giant Microsoft, must set up a server in the country if they want to continue offering this facility ...
-
Rwanda Kagames Address At Said Business School Oxford University May 18 2013
President Paul Kagame on Saturday was in the UK, where he addressed the Rwanda Day 2013. Earlier in the day, he attended the Fifth Annual Oxford Africa Business Conference at Said Business School. There, he became the inaugural recipient of the Distinction of Honour for African Growth Award, for presiding over Rwanda's rebirth. Below is the speech the President delivered at the varsity: ...
-
Tsunami forces Maldives election delay set to hit economy hard
The killer tsunami that battered the Maldives has forced the postponement of parliamentary elections, the government said Tuesday, warning the atoll island nation's tourist-based economy would be hit hard by the disaster.Chief government spokesperson Ahmed Shaheed said the economic damage to the atoll island nation was estimated at more than 1.3 billion dollars, or twice the tiny Indian ...
News from around our Network
