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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Global Advocacy Group Urges Pakistan to Protect Press
ISLAMABAD -- A U.S.-based international press watchdog organization is calling for the incoming Pakistan government led by Nawaz Sharif to take urgent steps to stem "the murderous silencing" of the press by bringing to justice those who have attacked journalists. The Committee to Protect Journalists said many reporters killed in Pakistan during the past decade were targeted and ...
More International Business News
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Apple is a Pioneer in Corporate Overseas Tax Avoidance
country. Apple Operations International, one of the Ireland three, reported $30 billion in income during 2009 to 2012 despite having no employees and not filing income taxes anywhere within the last five ...
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Tesco will not pay executive bonuses without rise in profits
executives will not receive a bonus in the current financial year unless they can reverse a decline in profits at Britain's biggest supermarket operator, the company said in its annual report on Thursday.The report rounds off a torrid year for the company, which announced a withdrawal from the United States and wrote down the value of its global operations by $3.5 billion (2.3 billion ...
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Business confidence in Philippines reaches new heights
Philippines has soared to an all-time high after the country was awarded investment grade credit ratings. The central bank said the overall confidence index rose 54.9 per cent from the first quarter's 41.5 per cent. "This is the highest reading since the start of the nationwide survey in the fourth quarter of 2006," said the central bank. The confidence index is the percentage ...
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Stocks fall in early trading on Fed stimulus concern contracting Chinese manufacturing
NEW YORK - Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program. The Dow Jones industrial average was down 50 points at 15,256 as of 10:28 a.m., a decline of 0.3 percent. It had been down 127 points in the early going following steep ...
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Across America 2013 Solar Impulse Sets World Record For Longest Zero-Fuel Flight
Image Caption: Across America 2013 - 2nd leg from Phoenix Sky Harbor to Dallas Forth Worth. B. Piccard and A. Borschberg after the landing. Credit: Solar Impulse |Revillard| ...
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Angry fan says Ford is cowardly for giving up
Ford devotee Tim Bryan, who has several of the manufacturer's muscle cars, is devastated the company is giving up on building their vehicles in Australia. Picture: JUSTIN ...
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On Top Of The World At 80 Japanese Climber Summits Everest
A photo from May 22 shows Yuichiro Miura, 80, right, and his son, Gota at their South Col camp at 26,247 feet during their climb to the top of Mount Everest. Miura became the oldest man to reach the ...
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Unprecedented price currency volatility to test mining companies—EY
As supply and demand approaches equilibrium in many commodities, longer lead times in changing supply are leading to over and under corrections, causing more price volatility, says Ernst & ...
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Ford Motors to Leave Australia After 90 Years
Ford Motor Company announced Thursday that it would stop making cars in Australia within two years because high costs and low volumes mean it cannot compete with imported vehicles. Ford Australia chief Bob Graziano said that closing its plant in Melbourne and the other 60 kilometres further south-west in Geelong would see 1,200 workers laid off by October 2016. "Our costs are double ...
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Japan’s companies to blame for debt
Japan's government is up to its neck in debt. That, however, is not because the government has been overly profligate, but because Japanese companies have been deleveraging for a long time. If Prime Minister Shinzo Abe's policies revive private investment, the government's track record suggests it will tighten its belt.If the private sector increases savings, the government must ...
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Safe drinking water still unfinished global agenda
Without water there is no life. Clean drinking water and sanitation are basic human rights - essential to life and to all other rights. Lack of access to clean water and sanitation is a silent crisis that destroys livelihoods and claims more lives through illness than any war claims through guns. The good news is that our combined efforts have made a difference. Between 1990 and 2010, more than ...
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Billionaire Steve Cases Startup America Goes Global
Steve Case , announced today that is teaming up with Startup Weekend to found UP Global, an organization aimed at supporting entrepreneurial communities throughout the world. UP Global will draw on the institutional knowledge of Case's Startup America and the 100,000 alumni base of Startup Weekend, situated in more than 100 countries, with the hope of building support and momentum for ...
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Why Business Plans Are Worthless
Starting a new business is like wanting to learn how to play the guitar in high school. You can't wait until you're good at it, and all you can think about is dates you're going to get, and how awesome it's going feel when you're a rock star. But if you don't start practicing and playing before your passion fades, soon you'll be hanging your shirt on that ...
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5 Business Model Components Every Entrepreneur Needs
Is your business on a collision course with a train, but yet you're 100% focused on getting more people to like your Facebook page or follow you on ...
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Boeing May 31st Options Begin Trading
Stock Options Channel , our YieldBoost formula has looked up and down the BA options chain for the new May contracts and identified one put and one call contract of particular interest. The put contract at the $97.50 strike price has a current bid of 89 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $97.50, but will also collect the ...
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The economy Much obliged
If lower deficit and interest rates are good news, falling inflation is even better. Price rises slowed to 2.4% in April, according to ONS data released on May 21st. For British workers, whose pay has risen much more slowly than inflation for the past five years, this may come as little comfort (see chart). But falling inflation may produce a quiet but vital change, by tipping the balance at the ...
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A High-Level Delegation to Take Part in World Economic Forum in Jordan
Manama, May 23. (BNA) -- A high-level Bahrain delegation, led by Transportation Minister Kamel bin Ahmed will arrive in Jordan tomorrow, Friday, to take part in the World Economic Forum on the Middle East and North Africa 2013, to be held in the Red Sea from May 24 to 26 under the theme: "Advancing Conditions for Growth and Resilience". In this regard, Mr. Kamel Ahmed said that ...
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U.K.s Cameron to China India Were open for business
Prime Minister David Cameron says openness to foreign investment is competitive advantage for Britain (and Ratan Tata is always welcome at Downing ...
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GameStops mobile digital sales rise earnings drop
GameStop reported an increase in digital and mobile sales but a decrease in earnings during its first quarter. GameStop Corp. reported a jump mobile and digital sales during its first quarter, but the companys earnings and sales of new software and hardware are still on the decline. The Grapevine-based gaming company reported a 290 percent increase in mobile sales of $46.8 million during its ...
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Ford fired from coaching job as brother comes to mayors defence
Toronto Mayor Rob Ford speaks to his Don Bosco Eagles team during the Metro Bowl quarter-final at Birchmount Park in Toronto, Thursday, Nov. 15, 2012. Ford has been dropped as volunteer coach of a Toronto high school football team.THE CANADIAN PRESS/Christopher ...
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World stocks slump as Japans Nikkei loses 7
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 ago. Several reasons have been blamed for the 7.3 percent fall in the Nikkei index to 14,483.98, including a spike in Japanese government bond yields and unexpectedly weak Chinese manufacturing figures. Mixed messages ...
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Dubai hotel named best in the world
Luxury, sail-shaped hotel the Burj Al Arab in Dubai has snagged the lofty title of being named the best hotel in the world by readers of a travel magazine distributed by The Daily Telegraph. Announced this week in London, the ...
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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