Latest International Business News
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Business week in review
Ruby McGregor-Smith cheered investors at the opening bell on Monday when FTSE 250 outsourcing group Mitie reported a 5.4 per cent rise in pre-tax profit to 111.1m. Suitably for a company that does the catering at the Chelsea Flower show, boss McGregor-Smith said Mitie "continues to grow". Ivan Glasenberg, the billionaire mastermind behind the Glencore Xstrata mining and commodities ...
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Co-op in disarray as finance chief Steve Humes quits
The finance boss of the Co-operative Group has been forced to resign from the funerals-to-supermarkets group as its banking division lurches from crisis to crisis, leaving 6.5 million customers fretting over their ...
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How wealth of Silicon Valleys tech elite created a world apart
San Francisco 's rush hour. From the pavement you can see your reflection in the windows, but you can't see in. The buses have no markings or logos, no advertised destinations or stops.It doesn't matter. Everyone knows what they are. "Transport for a breed apart. For a community that is separate but not equal," said Diamond Dave Whitaker, a self-professed beat poet and ...
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Was jittery Thursday a foretaste of another global economic crash
quantitative easing , but by artificially inflating the prices of stocks and bonds they're just storing up an almighty crash for the future.That's the argument of City bears, who warn that while last week's slide may be reversed in the days ahead, the sharp fall in share prices that spread from Tokyo to Wall Street and London was a foretaste of the reckoning that will inevitably ...
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Tony Blair is asked to help secure release of mining employees in Guinea
French human rights lawyer Rachel Lindon has asked Tony Blair, pictured, to assist in securing the release of two mining company employees in Guinea. Photograph: Maxa/Landov/Barcroft ...
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Big companies low taxes ‘a broken system’
The soda industry’s success at legally avoiding taxes shows why so many economists and tax experts believe the U.S. corporate-tax code is terribly ...
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Indonesia is seeing a new corporate colonialism
Indonesia as local and multinational companies have been encouraged to seize and then deforest customary land - land owned by indigenous people and administered in accordance with their customs. More than 600 were recorded in 2011, with 22 deaths and hundreds of injuries. The true number is probably far greater, say watchdog groups.The Indonesian national human rights commission reported more ...
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Doug Ford says drug allegations against him are not true
Toronto Coun. Doug Ford says allegations that he once dealt hashish are "not true" and an "outright lie." In an interview with CP24, Ford denied ...
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Rob Fords brother Doug sold hashish in 80s alleges newspaper Doug denies all
The Toronto mayor's brother and city councillor has denied allegations in a Globe and Mail story he was once a hashish dealer. The mayor's brother says he doesn't do ...
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Doing Online Business In The Cloud
If your company isn't utilizing cloud computing technology, you risk falling behind in the marketplace. The cloud makes it easier to manage, share and store content and data, and the figures show that your competition has most likely already moved to the cloud or is about to make the switch. Gartner predicts global IT spending will exceed $3.7 trillion this year, and the chief analyst at ...
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Montrealers join global anti-GMO protest
A woman holds a sign as people gather for the global march against Monsanto and genetically modified foods in downtown Montreal on Saturday. A few thousand people marched in Montreal in cold and rainy weather against the agricultural biotechnology ...
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Cruise industry group adopts Passengers Bill of Rights
The head of the Cruise Lines International Association says its new "Cruise Passenger Bill of Rights" adopts many practices U.S.-based lines already use. The CLIA, the largest trade group in the industry, plans to ask the International Maritime Organization to recognize the bill of rights, ABC News reported Saturday. The document says passengers must be allowed to disembark if the ...
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Global Voices Reject Genetically Modified Seed Giant in March Against Monsanto
March Against Monsanto to reject the genetically modified seed giant.The march, ecofeminist Dr. Vandana Shiva has said, "is inspired by the love for freedom and democracy, the love for the Earth, the soil, the seed." It "is a call to end the dictatorship over seeds, over life, over food and over our ...
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Drive or fly What summer travel shows about economy
(CBS News) Now that the seasons are officially switching over to the warm weather months, many families start planning their getaways. Economists use these trips to monitor how our nation's financial system is doing. AAA is not expecting a huge amount of travel on Memorial Day weekend, yet travel experts believe that this summer will have a steady, but slow, increase in people leaving on ...
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Suspicious package leads to evacuation of Towson library
A suspicious package left under a bench outside the Towson public library that led to the building's evacuation Saturday morning turned out to be harmless, county police reported. The bag contained clothes that had been left as a donation to the homeless, police spokesman Cpl. John Wachter said. Police received a report at 11:11 a.m. of a package that had been left behind by two men, ...
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TRA Participates in Business Continuity Management Forum
WAM ABU DHABI: The UAE Telecommunications Regulatory Authority (TRA) participated in the Disaster Recovery Institute International's (DRI) Regional Business Continuity Management (BCM) Forum in Abu Dhabi in early May. Held for the first time, this forum provided a platform for industry specialists to share their knowledge and experience on specific matters related to ?Building Emergency ...
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Microsoft Reveals The Xbox One
Microsoft promises the Xbox One will be more than just a game console, but a "living room" with a TV tuner and cable box. Users will be able to switch between watching TV and gaming instantly through the Kinect ...
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Ex-Yugoslavia war crimes tribunal marks 20 years of business
This weekend marks the 20th anniversary of the creation of the UN special war crimes tribunal for the former Yugoslavia. The court in the Hague has indicted 161 people and sentenced 136. Two dozen cases are ongoing. The tribunal’s business is due to wind up by 2016. The arrest of Serbia’s former President Milosevic was a breakthrough. But the tribunal has been criticised for the ...
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World Thirst for Energy
As the global economy slowly recovers from the 2008 financial crisis, indicators point to a significant mid- and long-term rise in energy consumption, specifically in oil and natural gas. Despite recent developments in renewable energy resources and the increasing production of hydrocarbon from shale reserves, it looks likely that both consumption and prices will climb higher over the coming ...
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Social Media Evangelization for World Communications Day
Initiative Invites Catholic Media Offices Around the World To Share Online Pastoral ResourcesROME, May 10, 2013 (Zenit.org) - On the occasion of the this year's World Communications Day, the Pontifical Council for Social Communications is inviting people from around the world to partake in the "Mesa Comun" (Shared Table). The initiative allows the faithful of the Catholic Church ...
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Ford asked for $9m to ease worker pain
THE State Government has asked Ford to contribute $9 million to an assistance package for local workers and communities after the company ceases vehicle manufacturing in ...
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PH makes it to Fiba World U18 finals
THE PHILIPPINE Under-18 team pulled off a historic feat as the young Nationals slipped past India, 21-19, in the finals to capture the Fiba Asia U18 3×3 championship Friday night in Bangkok. By winning the title, the Philippine team of Arvin Tolentino, Prince Rivero, Thirdy Ravena, Kobe Paras and coach John Flores earned the right to represent the region in the Fiba World U18 3×3 ...
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Feds look to snag corporate sponsors for Ottawa events
A cash-strapped federal agency is actively looking for corporate sponsors to fill gaping holes in its budget. The National Capital Commission is reviewing a proposal to bring in almost $4.5 million in new sponsorship money over the next five years to promote its cultural jewels in the Ottawa area. (Adrian Wyld/The Canadian ...
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Walt Disney One man and his mouse... and how they blighted our world
If you wanted to nominate the most influential Americans of the 20th century, you could begin with politicians and artists. But those choices misunderstand the country and the way it regards desire, and irrational desire, as human rights. Americans call that the pursuit of happiness. And feeling good about yourself depends on services, facilities, panaceas, and shopping. So you'd have to ...
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Rugby World class expertise is snapped up by test rivals
It's no surprise New Zealand is pick-pocketed by so many rivals - by the World Cup, five of the top 10 nations will likely be coached by Kiwis. There will be, if he survives, Robbie Deans at the Wallabies; Warren Gatland at Wales; Joe Schmidt at Ireland and, according to speculation in Edinburgh, Vern Cotter at Scotland. It wasn't that long ago that they worked here. In 2006, all of ...
North America Feature
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North America's unknown potential disaster
North America is facing a potential ecological disaster that most people are not even aware of, according to scientists who have been studying the little brown bat (or myotis bat), the most common species of bat in the United States and the wider North American continent.
This is because the bat is under attack by a killer fungus that grows on the bats’ wings during hibernation and causes them to lose body fat and wake early from their sleep, which causes them to eventually die. The fungal infection is said by researchers to be capable of killing off the bat within the next 16 years when their current population, which numbers up to several million, may fall to just 0.01% of present levels. Read more
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