Latest International Business News
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Indian Shares To Edge Higher On Global Cues
Indian shares are set to open higher on Monday, mirroring firm global cues. Q4 results will continue to remain in focus, with SBI, Tata Steel, Larsen & Toubro and Jet Airways set to announce their earnings results this week. Benchmark indexes Sensex and the Nifty rose modestly to end at their highest levels since November on Friday, extending gains for the fifth straight week, after the ...
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This woman means business Zvisinei Zvirikuzhe Zim spa owner
Three years ago, when it began, the business was foremost an effort to generate income for a trust fund benefiting underprivileged women and children. But today t he two-branch Harare enterprise also enjoys commercial success, offering manicures, pedicures, massages, waxings and facials to hundreds of clients. She Beauty Spa still puts a quarter of its revenues into the fund and employees once ...
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CSIRO suggests robotics solutions to boost manufacturing competitiveness
During National Manufacturing Week the CSIRO released a white paper detailing what might be done to lift the manufacturing industry out of its slump. "The concern we started when we started consultation was that we were on a totally different planet to everybody," said Peter Kambouris, one of authors on the paper, published by the organisation’s Future Manufacturing ...
More International Business News
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The Companies With The Biggest Jumps In Employee Happiness
Fat paychecks, light workloads, and countless vacation days don't necessarily produce happy employees. In fact, the happiest employees in the US credit their bliss to first-rate employee incentive programs, ample benefits, career advancement programs, and great work-life balance. The companies that were most dedicated to cultivating and advancing these aspects in the past year saw employee ...
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Mobile banking helps Bangladesh economy grow
Around 1.12 billion Bangladeshi taka (US$14.21 million) is being transacted through mobile banking services in Bangladesh every day on an average, helping the economy grow further by transferring money from urban to rural areas, Bangladesh Bank Governor Atiur Rahman said yesterday.Banks have been providing mobile financial services to 5 million people through around 7,000 agents across the ...
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Global economy must reform or risk economic stagnation
The global economy has about a decade to embark on structural and fiscal reforms. If it does not, it runs the risk of economic stagnation, said Singapore deputy prime minister Tharman Shanmugaratnam. Speaking at the CFA Institute's annual conference on Monday, Tharman, who is also the the finance minister, said that there has been too much reliance on central bank so far. While monetary ...
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World Bank grant aims to overhaul statistics system in Laos
The World Bank has agreed to provide a grant of US$8 million grant to further support the Lao government's efforts to strengthen the National Statistical System and improve the production, availability and use of high-quality statistics.The agreement was signed in Vientiane on Friday between Deputy Minister of Finance Santiphab Phomvihane and World Bank Country Manager to Laos Keiko ...
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Gearing for world without PCs
Going private In February, company CEO Michael Dell said he will cut loose from Wall Street and take Dell private at a cost of $24.4 billion, the biggest leveraged buyout since the financial crisis. Dell executives later told Bloomberg News the company will focus on expansion of the software and services segments in a strategy to expand its offerings for large companies, with the goal of ...
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India Morning Call-Global markets
-----------------------(0825 a.m. India time)------------------ LEVEL NET/CLOSE PCT/YIELD ...
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INDIA PRESS-Indias Essar Group to sign deals with Chinese companies - Economic Times
Sun May 19, 2013 10:50pm EDT Note: Reuters has not verified these stories and does not vouch for their ...
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Li crowned world champ in womens singles
She was beaten twice in the final in 2007 and 2001, but finally got to the top of the podium at the World Table Tennis Championships at the third attempt here on ...
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Alert over precarious UK prawn industry
By John von Radowitz - 20 May 2013 A collapsing prawn bubble threatens to "devastate" UK fisheries dependent on crustaceans and shellfish, experts ...
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NZ Industry acts on steel imports
New Zealand may introduce a European-style compliance regime to ensure the quality of imported steel bolts and components used in construction is ...
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Bicycle business Fyxation gearing up for growth
Nick Ginster builds a Quiver Road bike in the workshop of the bicycle firm he co-owns with his brother, Ben Ginster, called Fyxation, in ...
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China India to make new engine of world economy Chinese premier
China and India are both willing and able to foster new highlights in cooperation among Asian countries and make new engine of the world economy, Chinese Premier Li Keqiang said on Sunday."The two countries have the will, wisdom and capability to jointly nurture new bright spots in cooperation among Asian countries, create new engine of the world economy, provide huge growth potential and ...
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The Worlds Riskiest Countries 2013
Aon Plc ., these are the riskiest countries in the world. Each one ranks 6 on a scale from one to 6; with 6 being very risky. While few people travel to or do business with these countries, these are the political and economic hotbeds of frustration outside of the developed world where people will be murdered, killed in a war, or threaten to do the same to others far away. The ...
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Qantas find favour with business travellers while Virgin flies steady
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Lebanon wins World Bank $30 million soft loan
The World Bank has approved a $30 million soft loan aimed at supporting a government initiative to improve access to basic services in impoverishedparts of the country."The Social Protection and Promotion Project approved by the World Bank Board of Directors will expand the coverage of Lebanon's National Poverty Targeting Program from 93,900 to 160,700 people over the next five ...
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Australia teaches lessons on development from mining
Australia Australia is sharing some of its historical lessons about mining's impact on development at an international conference in Sydney.The conference has been organised by the International Mining for Development Centre, an academic centre based at both the University of Queensland and the University of Western Australia.The centre's director Ian Satchwell says, while mining can ...
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GLOBAL MARKETS-Yen edges up from lows Asian shares firmer
Sun May 19, 2013 9:32pm EDT * Dollar slips from Friday's 4-1/2 year high vs yen * Asian shares firmer after Friday's Wall Street rally By Masayuki Kitano SINGAPORE, May 20 (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar ...
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Ford City baseball marks 50th anniversary of first section title
These clippings from the May 16, 1963 edition of the Leader Times show Ford City's Section 9 champion baseball team (below) and preview the team's WPIAL playoff game against Mt. Pleasant. The section title was the first in Ford City's ...
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Saudi Arabian Airlines takes delivery of first-of-its-kind Boeing plane
Boeing has delivered a 777-300ER extended range plane to Saudi Arabian Airlines (Saudia), marking the latest milestone in its longstanding relationship with the airline and the kingdom. The airplane, the first-of-its-type to be fitted with a three-class cabin configuration, was delivered to the airline at a ceremony in Washington. The airline currently has a backlog of 21 Boeing airplanes on ...
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Mining has voters tick
THE voting intentions of more than half the residents across three federal Hunter seats would be influenced by a party's support for mining, and nearly three-quarters rate the industry as important to the region's economic future, polling ...
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Bidders vie to build world’s largest hydropower plant in Congo
A file photo shows eight massive turbines, only three of which work, on the Congo River. Existing hydro plants Inga I, commissioned in 1972, and Inga II which followed a decade later, have fallen into disrepair. ...
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Polish economy may grow to 3 late 2014 CB
(MENAFN) A Polish central bank official said that the country's economy may expand to around 3 percent at the end of 2014, reported Reuters.During the first quarter, the country's economy grew by 0.4 percent, the lowest level in 4 years.As for inflation, which reached 0.8 percent in April, there's a little chance that it will quickly return to the bank's 2.5 percent target, ...
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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