Latest International Business News
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Global Water is Under Threat
Scientists say a new geologic epoch has begun whereby humans are causing major damage to global water systems. They warn of a planetary transformation comparable to the retreat of the glaciers more than 11-thousand years ago. Scientists are meeting in Bonn, Germany this week (5/21-24) to discuss what can be done about it. to De Capua report on Anthropocene epoch While some still ...
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Greek beach evacuated after WWII artillery shell found
ATHENS, Greece (AP) — A surprise shell has caused a big stir at a popular Athens beach.Greek authorities evacuated the seafront Monday after a swimmer found a corroded artillery shell just 10 yards from dry land, fished it out and presented it to a lifeguard.A coast guard statement said army explosives experts were rushed to Vouliagmeni beach and safely disposed of the munition. The ...
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Smith Wesson tops list of Massachusetts 100 best companies
View results Gunmaker Smith & Wesson tops the list of best businesses in bright blue Massachusetts - after not making the list at all last year - a new report in the Boston Globe found.The 161-year-old company, based in a state with some of the stricter gun control laws in the nation, tried to diversify its holdings by acquiring a security company in recent years, only to do an ...
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Men’s makeup Cosmetics companies see boom with guys
View results Makeup companies have a new revenue stream: men.Cosmetics companies say that they’re finding a lot of luck with male makeup wearers and that sales for this niche market has jumped from $2.4 billion in 1997 to more than $5 billion last year, Newser reported.';The world has come to a different place now when it comes to men taking care of themselves,'; one makeup ...
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Chinese Cyber Hackers Are Back in Business
A team of Chinese cyber hackers allegedly responsible for stealing hundreds of terabytes of blueprints, pricing documents and other information from organizations within the U.S. is back in business, according to the private security firm that first unveiled the military group's ...
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Zhang retains mens world crown
PARIS, France (AFP) - Defending champion Zhang Jike of China retained his men's singles title at the World Table Tennis Championships in Paris on Monday after defeating compatriot Wang Hao in the final.Fourth seed Zhang prevailed 11-7, 11-8, 6-11, 14-12, 5-11, 11-7 in a rematch of last year's Olympic final to secure a fourth major title in a row.Zhang completed a career grand slam when ...
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UAE companies law talks back on the agenda
Sultan Al Mansouri said yesterday as the ministry aims to push through one of "the most critical laws" for the economy. But decisions about raising foreign ownership limits, a much-anticipated clause that was stripped out of the original companies law, remained "open", he said. "The companies law is one of the most important, critical for us," he told reporters in ...
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Reports Colangelo out as Raptors GM offered corporate role with team
It appears Bryan Colangelo is out as president and general manager of the Toronto Raptors, but he could be staying with the team in another capacity.According to multiple media reports, the Raptors are negotiating with Colangelo to take on a corporate, non-basketball role with the team.The reports did not specify what Colangelo's new duties with the team would ...
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Industry News Arena to Debut New Colors in POWERSKIN Carbon Pro Mark 2
PORTLAND, Oregon, May 20. ARENA North America is giving a "sneak peek" at two new colors of the new generation POWERSKIN Carbon-Pro Mark 2, which will be available to consumers this summer. The Orange and Cyan colors are part of Arena's Colors of Victory campaign. The POWERSKIN Carbon-Pro Mark 2 is Arena's second-generation racing suit to utilize the new technology of Carbon. ...
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India Finance Minister Begs Citizens To Stop Buying Gold
May 20, 2013 While the overnight collapse in precious metals has been notably retraced, the media is unable to take its eyes off the ball that the status quo is shaking focusing on the demise and what that must mean for the future. Well, it seems, the Indian finance minister is very clear. Speaking in New Delhi P. Chidambaram explained ...
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UK economy going through modest recovery BOE
(MENAFN) Bank of England (BOE) Governor, Mervyn King, stated that the country's economy is going through a recovery period, reported Xinhua News.King said that the modest recovery is not enough, stressing that the UK economy must post a comprehensive and healthy growth.The governor warned that the persistent eurozone weak growth and the government's Help to Buy scheme are the main ...
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Danone to invest USD417m in Chinas yoghurt industry
(MENAFN) France's Danone Group will invest USD417 million in China's yoghurt market, reported Reuters.Danone will invest the amount in two deals with China Mengniu Dairy Co Ltd, the first through a joint venture between the French firm and state-owned Chinese food enterprise COFCO Corp.The joint venture will acquire an 8.3-percent stake in Mengniu, giving Danone a 4-percent holding ...
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Bauxite Resources new chief executive officer takes the reins
(MENAFN - ProactiveInvestors - Australia) Bauxite Resources' (ASX: BAU) new chief executive officer and executive director Peter Canterbury has commenced employment today.Canterbury joins Bauxite Resources from Sundance Resources (ASX: SDL), where he had been the chief financial officer for the past six years.He played a key role in rebuilding the company as acting chief executive following ...
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Japan Govt. Says Economy Picking up Moderately
(MENAFN - Qatar News Agency) Japan's government has upgraded its assessment of the Japanese economy for first time in two months, citing accelerating exports and the weakened yen. The Japanese Cabinet Office said in its monthly economic report for May that Japan's economy is picking up slowly. Last month, it said the economy was showing signs of recovery but still had some weak spots, ...
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Reid wins wheelchair tennis event in Rome with victory over singles world number two
May 20 - British wheelchair tennis star Gordon Reid claimed a superb victory at the Internazionale d'Italia in Rome by beating singles world number two Stphane Houdet 3-6, 6-3, 6-1 in the final. The 21-year-old from Scotland, who is ranked sixth in the world, lost the opening set to his French rival but battled back superbly to take the next two sets and win his third tournament of the ...
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Pot Growing Is Not a Green Industry
Pot production, done mostly indoors, often uses hospital-intensity lamps, air conditioning, dehumidifiers, fans and carbon-dioxide generators to stimulate plants and boost their potency. The power-hungry crops rival data centers or server farms in intense use of electricity, according to a peer-reviewed study last year in the journal Energy Policy. One kilo, or 2.2 pounds, of pot grown ...
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Global Climate Change Fears Are Genuine
Researchers looked at 12,000 scientific articles published between 1991 and 2011 on the subject and found that 97.1% of these agreed global warming is primarily caused by human ...
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Fast growth expected for marine economy
China released its first comprehensive report Monday on the country's marine economy, predicting the sector will become mature by 2030.China's marine economy grew by 7.9 percent year-on-year in 2012 to 5,008 billion yuan ($815.9 billion), and accounted for 9.6 percent of the country's GDP, said the report. According to the report, China's marine fishery industry saw annual ...
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Marine industry at turning point
MARITIMO founder Bill Barry-Cotter expects to hit his $40 million sales target this year, thanks to a final boost delivered by the Sanctuary Cove International Boat Show.This week's show is the last major event in the marine calendar for the financial year and Mr Barry-Cotter believes, based on recent signs of recovery in the industry, that it will ensure the Gold Coast-based manufacturer ...
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Sony Releases PS4 Teaser Trailer As It Battles Microsoft For Gamers Attention
has released a blurry teaser trailer for its Playstation 4 just one day ahead of its rival's big Xbox reveal. There are a lot of closeups and difficult-to-decipher geometry, but the intent here is clear -- Sony is going to show us what the PS4 actually looks like. The company got some flack for holding its big reveal in February without actually revealing the console, and now it's ...
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The Worlds First 3D-Printed Gun
On May 3, high tech gunsmithing group Defense Distributed gave Forbes a first look at the world's first fully 3D-printed gun, what it called the ...
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No Friendly For Ghana…Before World Cup Qualifiers In June
Ghana black stars players Ghana have ruled out playing any friendly match before next month's World Cup qualifiers against Sudan and Lesotho. The Black Stars will be preparing for two crucial World Cup qualifiers which could determine whether they will reach the final phase of the qualifiers. They had previously arranged a friendly against Kenya but pulled out of the game citing the late ...
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Former finance minister Kudrin blames United Russia for economic stagnation
Politics Aleksey Kudrin, addressing the State Duma, stated that the development of Russia's political system is "lagging behind the challenges of the time and doesn't provide the mechanisms to build up the country's modernization." According to the former financial minister "even if we roll up our sleeves right now, we'll have to sweat our guts out for three ...
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Student loan debt weighs on U.S. economy
you think about it, you're starting out in a career, you're trying to build a career, trying to buy a house, get a car, get on a pathway toward your life. if you have that overhang of debt, it harder to do that. if you have trouble getting a job, you end up in default and can't get a mortgage for many years. the challenge is for these young graduates is can they become fully ...
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Carl Gibson Saving Our Economy With Public Banking
Napa Valley, Calif . But public banking can be the antidote that will free us from our dependency on Wall Street and put monetary power in the people's hands. In short, our economy would heal and we'd all feel great. Despite its name, the Federal Reserve ...
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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