Latest International Business News
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War drives number of forcibly displaced worldwide to 18-year high says UN report
19 June 2013 150 A United Nations report released today says that more people are refugees or internally displaced than at any time since 1994, with the crisis in Syria having emerged as a major new factor in global displacement. The annual Global Trends report, released by the UN High Commissioner for Refugees (UNHCR), shows that as of the end of 2012, more than 45.2 million people were in ...
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EU-bound Croatia adopts investment law to boost economy
ZAGREB (Reuters) - Foreigners planning strategic investments in Croatia will be able to get licences faster and more easily under a law adopted on Thursday, the government said, as the former Yugoslav republic prepares to become the EU's newest member.For years, bureaucratic obstacles have stifled the business climate and kept foreign investors away. The Social Democrat-led government, ...
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Manufacturing firms less confident about future in June - CBI
Reuters © Employee Chris Corrie fixes the main wiring loom into a Rolls Royce Ghost at the Rolls Royce Motor Cars factory at Goodwood near Chichester in southern England April 24, 2013. REUTERS/Luke ...
More International Business News
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Selloff of world stocks spreads on Fed signal of stimulus pullback
Markets were roiled Thursday by a suggestion from U.S. Federal Reserve chairman Ben Bernanke that the central bank may be done with its monetary stimulus next year. While stocks and commodities took a pounding on the news, the dollar surged.For nearly five years, the Fed has been pursuing an aggressive monetary policy to shore up the U.S. economy, which was battered by the financial crisis. Now ...
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World Pirate Bay founder sentenced to 2 years in Sweden hacking case
A co-founder of file-sharing website Pirate Bay was sentenced to two years in jail on Thursday for hacking into computers at a company that manages data ...
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World China jails 19 Uighurs for religious extremism
Uighurs , ?a Turkic-speaking Muslim people who call energy-rich Xinjiang home, chafe at Chinese government restrictions on their culture, language and ...
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Climate Expert von Storch Why Is Global Warming Stagnating
AP Icebergs float in a bay off Ammassalik Island, Greenland. Scientists are puzzled as to why global warming has not risen in parallel with greenhouse gas ...
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European manufacturing and services ease contraction in June euro remains weak
European composite of manufacturing and services showed a contraction for a 17th month in June where the contraction eased on significant rise in ...
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The Global Financial Markets Are Selling Off
manufacturing activity was decelerating at a higher clip than expected in June. China is the world’s second largest economy and it is also a key source of global economic growth. As such it is also one of the big consumers of commodities. All of this slammed markets in ...
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The Financial Markets Freak Out When The Fed Hints That It May Slow Down The Injections
Economic Collapse June 20, 2013 U.S. financial markets are exhibiting the classic behavior patterns of an addict. Just a hint that the Fed may start slowing down the flow of the ';juice'; was all that it took to cause the financial markets to throw an epic temper tantrum on Wednesday. In fact, one CNN article stated that the markets ...
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Finance minister says no ruble devaluation
MOSCOW, June 20 (Itar-Tass) - There will be no ruble devaluation, Russian Finance Minister Anton Siluanov is confident. "No devaluation - a sharp weakening of the ruble exchange rate is planned," the finance minister told reporters on the sidelines of the Petersburg International Economic Forum. He also advised the Russian nationals against rushing to buy currency, as "there ...
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Israel has worlds ninth largest home prices rise
Israel has one of the world's hottest property markets according to "Global Property Guide." In the year ending March 31 2013, "Global Property Guide" reports that average home prices in Israel rose 6.34%, the ninth largest rate of home price rises of any country surveyed. Half of the rise - 3.12% - was in the first quarter of 2013, the seventh largest rise of any ...
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Egypt election Its the economy stupid
Egypt -- As Egypt's first free presidential race enters the final stretch, Egyptians say the top contenders have so far offered only meager prescriptions for the issue they worry about most: the economy. Eighty-one percent of Egyptians ranked improving economic conditions -- more than any other political reform -- as "very important" in a poll by the Pew Research Center released ...
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Chinas domestic film industry booms
film s to China jumped from 20 to 34. The figures show that Chinese films struggled to compete with their imported counterparts. However, so far this year things have been different. The domestic film market here is positively booming. China's domestic film industry has seen an extraordinary success in ...
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‘World War Z’ Abuzz with speedy swarming zombies
A movie review of "World War Z," a horror thriller starring Brad Pitt as a former U.N. worker and family man trying to save civilization from a zombie ...
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Qatar Development Banks TASDEER promotes Qatari export companies in Morocco
Qatar Development Bank TASDEER supported 12 Qatari plastic export companies, who showcased their products and services to over 2,800 delegates and 150 exhibitorsQatar Development Bank's export development agency TASDEER "is pressing ahead with promoting Qatari non-oil export companies by paving the way for 12 local exporters to showcase their unique products and services to over 2,800 ...
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Ancient Syria sites listed as endangered on UNESCO world heritage list
Syrian Arab Republic More than two years of civil war has inflicted heavy damage on Syria's world heritage sites, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) says.UNESCO has added Syria's six ancient sites, including the fortress of Saladin and a Crusader castle, to the endangered World Heritage list."Due to the armed conflict situation in ...
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Air Show brings orders for Airbus A350 Boeing’s 737
LE BOURGET, France - Airbus raked in orders Wednesday for its new A350, announcing 59 sales of the wide-body jet that flew for the first time last week. Singapore Airlines ordered 30 A350-900s, with an option to buy another 20 of the 900s or the larger 1000 model. The airline had already ordered 20 of the A350. Air France-KLM also put in an order for 25 A350 jets, saying the plane will be ...
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DJ Forbes passes late fitness test for World Cup
Source: Getty Captain DJ Forbes has passed a fitness test and will lead the All Blacks Sevens in their quest to win the Rugby World Cup Sevens in Moscow. Forbes missed the last two World Series tournaments in London and Glasgow with a foot injury but he is now ready to go for the tournament which begins on 28 June. Meanwhile, Scott Curry of Manawatu, has been ruled out of the side after ...
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World stocks and U.S. futures sink
world stock markets were deeply in the red as investors took fright at plans by the Federal Reserve to begin reducing the pace of stimulus toward the end of this year. A weak reading ...
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World stock markets slide
world stock markets were deeply in the red as investors took fright at plans by the Federal Reserve to begin reducing the pace of stimulus toward the end of this year. A weak reading ...
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Bernanke and China send world stocks lower
world stock markets were deeply in the red as investors took fright at plans by the Federal Reserve to begin reducing the pace of stimulus toward the end of this year. A weak reading ...
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Top court to reveal if it will hear Rob Ford conflict appeal
Toronto Mayor Rob Ford won an appeal in a conflict-of-interest challenge. He will learn today if the Supreme Court of Canada plans to hear an appeal of that ruling. (Michelle Siu/Canadian ...
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Climate change is the threat of our time President Obama pledges to cut nuclear weapons and a greener world in Berlin speech
In a speech at the Brandenburg Gate that instantly invited comparisons with visits to the same spot by some of his predecessors, President Barack Obama sought to make a historic imprint of his own, pledging to forge a new pact with Russia to further cut nuclear arsenals and to step up the fight against global ...
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Frst ever global study Spa Wellness Tourism
The Tourism Observatory for Health, Wellness and Spa proudly announces the first ever Global Spa & Wellness Tourism study. This path making report was prepared in cooperation with Danubius Hotels Group and enjoyed endorsement from over 50 global companies (e.g. Mandarin Oriental, Thermarium), and national and international organizations (e.g. PATA, ETC or Hungarian Bath Association). 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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