Latest International Business News
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Largest genetic sequencing study of human disease completed
A global team of scientists has completed the largest sequencing study of human disease to date, investigating the genetic basis of six autoimmune diseases. The exact cause of these diseases - autoimmune thyroid disease, coeliac disease, Crohn's disease, psoriasis, multiple sclerosis and type 1 diabetes- is unknown, but is believed to be a complex combination of genetic and environmental ...
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UN urges collective efforts to achieve water secure world on Day for Biological Diversity
22 May 2013 150 Unless greater efforts are made to reverse current trends, the world will run out of freshwater, the United Nations said today marking the International Day for Biological Diversity and urging stronger scientific alliances to understand and protect natural resources. "We live in an increasingly water insecure world where demand often outstrips supply and where water quality ...
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HRW Mozambique Families Displaced by Foreign Mining
Rio Tinto's "Benga" coal mining operation in Tete province in central Mozambique. Arid, coal-rich Tete has been at the epicenter of a coal mining boom that has attracted billions of dollars in foreign investment. Without adequate safeguards, this surge ...
More International Business News
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Female Breadwinners and Love in a New Economy
More than four years later, that choice continues to be a source of pride for Somerfeld, 39, who founded NYC Dads Group, a fraternity/support group of more than 800 dads with varied parenting arrangements. "I walk around, and I'm very confident in telling people what my role is, who I am, how much I love spending time with my child," he says. Somerfeld credits his wife, Jessica, ...
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China clears Boeing 787s for nations airlines Boeing
NEW YORK (AFP) - Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant."I can confirm that the Civil Aviation Administration of China has granted type certification for the 787 Dreamliner," a Boeing spokesman said in an email.Chinese airlines have yet to take delivery of the ...
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Merkel named worlds most powerful woman for seventh time
BERLIN // German chancellor Angela Merkel topped Forbes' annual global ranking of the most powerful women for the seventh time in eight years. Merkel, 58, outranked competition including President Dilma Rousseff of Brazil, who scored second, as well as third and fourth-placed Melinda Gates and Michelle Obama, Forbes said. In compiling this year's list, Forbes said it sought women who ...
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Ford still has a long way to go to match Toyota’s brand value
Joe Hinrichs, the former Ford of Canada president who now oversees all of Ford's operations in both North and South America, says he and everyone at Ford have a laser-like focus on quality. Good thing on a bunch of fronts, especially when it comes to brand-building.Ford Motor has suffered a recent series of embarrassing recalls, and the delayed arrival of the new Lincoln MKZ - to fix ...
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QA What The Daily Shows Samantha Bee really thinks of the Rob Ford scandal
Samantha Bee Best known for her hilarious reporter spoofs on The Daily Show, Toronto-born funny woman Samantha Bee shares her irreverent thoughts on family, politics and career at a special fundraiser for ThStre la Seizime. The Playhouse, June 4 at 8 p.m. ...
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Mayor Rob Ford fires his chief of staff Mark Towhey
Mark Towhey former Chief of Staff for Toronto Mayor Rob Ford leaves the City Hall after being fired in Toronto May May 23 2013. (Fernando Morales/The Globe and ...
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Business Ranks of working poor on the rise
employment include manufacturing, agriculture, forestry, fishing, wholesale and retail trade and repair of motor vehicles. Due to the nature of the jobs in these sectors -- which employ casual workers on farms and in factories, shop attendants, street sellers, mechanics and Jua Kali artisans, among others -- and poor attention from previous governments, workers have been left vulnerable to ...
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Business EAC introduces mandatory training for customs agents to streamline sector
East Africa (TMEA, a donor funding group), have introduced a training programme that all agents must undergo. At the end of the training, clearing and forwarding agents will attain ...
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Israel says Iran unaffected by world pressure
JERUSALEM -; Israel's prime minister says a new report by the U.N. atomic agency shows that international pressure is having no effect on halting Iran's suspect nuclear ...
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The Odds of Disaster An Economists Warning on Global Warming
In the fall of 2007, when the U.S. economy first seemed in peril, I began answering reader queries here on the Business Desk. I still do so, but this page has expanded to include posts from eminent economists, "far-flung correspondents," and a variety of voices that have intriguing and/or useful things to say about economics, broadly defined. Please feel encouraged to respond to any ...
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DealBook Regulator Cites Flaws in Ernst Young Procedures
Ernst & Young’s headquarters in New York. The United States regulator of accounting firms said on Thursday that a Big Four firm, Ernst & Young, had been too willing to trust figures supplied by corporate executives instead of evaluating them independently and had failed to improve its procedures even after being instructed to do so. The audits in question took place in 2009, ...
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DealBook Britain Fines JPMorgan’s Wealth Unit
JPMorgan Chase 3.1 million ($4.7 million) on Thursday for failings in its wealth management division. The Financial Conduct Authority said that unit's senior management had failed to provide clients adequate advice and carried out poor recording-keeping related to individuals’ investments from January 2010 to February ...
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Big data companies try to outwit Mother Natures chaos
disastrous tornadoes in Moore, Okla., and last October's Hurricane Sandy, it has never been more critical to be able to forecast long range events. Big data analysis is turning the guesswork of yesterday's meteorology into a more precise and predictive science. Several big data companies are focusing on long-term weather modeling, and have found that by identifying patterns, comparing ...
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Joint Finance rejects call for more Shot Spotter money
On a party-line vote, members of the Legislature's Joint Finance Committee voted, 4-12, to reject a motion to designate $445,700 over the new two years to expand the Milwaukee Police Department's Shot Spotter program. The motion was made by Rep. Jon Richards (D-Milwaukee). ...
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Tescos Fresh Easy boss awarded liquidation damages
Tesco 's failed US chain Fresh & Easy has received a 1.7m payoff despite the business being shut down after repeated losses.Tim Mason, who departed in December after 30 years at the group, was awarded "liquidation damages" equivalent to his annual salary plus a sum equal to his average bonus over the past two years.Tesco announced last month it would exit the US after racking ...
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Deconstructing Googles Strategy Will Google Eat Your Business Next
Beliebers follow Justin?" I deadpanned. Unamused, he continued, "I think Google plans to get into our space. They could put us out of business." As I talked him down from a mild case of Googlephobia, I flashed back to a dozen similar conversations with executives and entrepreneurs. It's easy to get caught up ...
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Commit To Buy LyondellBasell Industries At $50 Earn 10.4
NYSE: LYB ) shares, but tentative about paying the going market price of $65.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $50 strike, which has a bid at the time of this writing of $5.20. Collecting that bid as the premium represents a 10.4% return against the ...
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Microsoft Introduces the Surface Tablet
The new Microsoft Surface tablet on display following a press conference at Pier 57 to officially launch Windows 8 and the tablet in New York on October 25, ...
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Industry production declines for 3rd month in a row
TAIPEI, Taiwan -- Amid discouraging macroeconomics conditions, Taiwan's industry and manufacturing production indexes in April fell by 0.88 percent and 1.18 percent year-on-year, marking the third consecutive month of decline, according to the Ministry of Economic Affairs ...
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World markets roiled by Nikkeis 7.3-percent dip
LONDON/HONG KONG--Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ...
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Global appeal to save Cairns natural wonders
A VIDEO showcasing the Far Norths' natural wonders and the importance of protecting them will be sent to philanthropists around the world in a new fundraising push by the region's only environmental non-profit legal ...
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Brazil Finance Minister Announces Budget Cuts
Share/Bookmark Brazilian Finance Minister Guido Mantega announced yesterday that the country will cut 28bn reales (US$13.7 bn) in spending for this year's budget, mainly due to slower economic growth than ...
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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