Latest International Business News
RSS-
Finance head Carrion to run for IOC president
Finance Commission head Richard Carrion has joined the race to succeed International Olympic Committee (IOC) president Jacques Rogge. The Puerto Rican will run against Thomas Bach, Ng Ser Miang and Wu Ching-kuo, who has yet to officially declare his intention to run, reports Xinhua. Carrion, 60, has no sporting background. He is chairman of a financial holding company and since 2002 has ...
-
Japanese economy has begun to recover central bank
Japan's central bank said Wednesday that it will continue pursuing its current stimulus program and that the country's economy "has begun to recover" thanks to a reversal in the decline of exports, which account for 40 percent of Japanese GDP. "Domestic demand remains resilient due to the effects of the monetary relaxation measures" and the recently-approved stimulus policies, the Bank of Japan ...
-
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 ...
More International Business News
RSS-
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 ...
-
Japan to host world conference on disaster risk reduction next year - UN
Print 23 May 2013 – Japan will host the world conference slated to be held next year at which countries will adopt the successor to the current global blueprint for disaster risk reduction efforts, it was announced today at a United Nation forum on the issue that wrapped up in Geneva. The 10-year Hyogo Framework for Action (HFA) came out of the world conference held in Kobe, Hyogo, ...
-
Ford will help workers who lose jobs CEO
Ford Australia will work with governments to see how it can contribute to a transition package for workers who lose their jobs in 2016, the company's president and CEO Bob Graziano says.But Mr Graziano would not say how much Ford might contribute to the multimillion dollar government package."I want to get with the governments to understand what they are proposing and then we will come ...
-
My advice to Rob Ford Don’t say another word
Toronto Mayor Rob Ford briefly speaks to the media responding to allegations made by a U.S. website that he smokes crack cocaine, before getting into his SUV at his Etobicoke home in Toronto on Friday, May 17, 2013. (Michelle Siu For The Globe and ...
-
Mysterious War World II Medals turn up in Goodwill store
Ron Scanlon thought the shadow box sitting in a bin at a Chesterfield Goodwill store appeared a little unusual, so he took a closer look.He saw a picture of a smiling Marine surrounded by gold medals taped to a red velvet liner.One of the medals was in the shape of a star.A tattered scrap of paper told the story.The medals and picture, which were discovered Wednesday, belonged to Marine Sgt. ...
-
Comment Literacy key to Ford workers future
The announcement that Ford will close its manufacturing operations in Australia by 2016 at the cost of 1,200 jobs raises questions of what the workers' future employment options ...
-
Obamas booming drone business
President Barack Obama said Thursday that he wants to scale back the killing of terrorists with unmanned systems, but that doesn’t mean the end of drones. In the defense world, the drone business is booming.The reality is that for the foreseeable future, drones will be used more, not less, in military operations worldwide as the U.S. continues its historic shift toward use of unmanned ...
-
CEVA Logistics Names Barnett as Automotive VP for the Americas
has appointed Jim Barnett as vice president of its automotive division for the Americas, effective immediately.Barnett will be based in Detroit and brings nearly 20 years of supply chain management and automotive manufacturing experience to this role. He joined the supply chain company in 2009 and for the last four years served as chief operating officer of CEVA's joint venture with Anji ...
-
World Shares Slide Amid Weak Business Data
Global shares fell Thursday following the release of weak business data for China and Europe, combined with concerns that the US central bank might wind back its stimulus efforts. European shares posted the biggest falls, with the benchmark Stoxx Europe 600 down 2 per cent at 304.33 points as the trading came to an end. This came after signs that the US Federal Reserve was considering ...
-
U.S. Manufacturing Growth Slows a Bit in May
The pace of U.S. manufacturing growth in May slowed marginally from April, Markit Economics data released Tuesday indicates. It was the second consecutive month in which the pace of growth slowed, the research firm said. Markit, however, noted that the critical new orders index for manufacturers rose in the month. The figures released Thursday are considered a flash estimate and could be ...
-
Microsofts Interactive Xbox One Debuts
Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that promises to be the one system households will need for games, television, movies and other entertainment. It will go on sale later this year, for an undisclosed price. For the past two years, Microsoft has led the gaming industry in console sales with the Xbox 360. But it's been eight ...
-
FedExVoice Why Forecasting Leads To Success In Your Business
forecasting . The rub is that many entrepreneurs and SMB owners say they're too busy to sit down and create a forecast, which is really just a picture of what your company might look like up to a year or more into the future. Failing to take ...
-
Intel claims Haswell will offer 50 percent more battery life in laptops
IDG News Service - Intel's upcoming family of Core processors, code-named Haswell, will offer 50 percent more battery life in laptops than did their "Ivy Bridge" predecessors, Intel said on Thursday. Haswell chips were designed with laptops and tablets in mind, and the main focus was on lowering power consumption, said Rani Borkar, corporate vice president and general manager of ...
-
Brakes on manufacturing as Ford pulls out
The shock announcement yesterday that Ford will stop making vehicles in Australia comes as terrible news for the 1,200 workers affected.They will be gutted to learn that the company that has made cars in Australia since the days of the Model-T will close its factory doors from 2016.But this is not just a shock for workers in the Ford plants in Geelong and Broadmeadows, it will be hard to take ...
-
ACTU calls for emergency talks on car industry after Fords decision to close Australian plants
The news that the Ford plants at Broadmeadows and Geelong will shut in 2016 has prompted calls for high level government and business talks, as well as an emergency boost to tariffs on imported cars.The ACTU is urging the Prime Minister, the industry and unions to convene urgent talks to draw up a survival strategy for Australia's car industry and to minimise job losses.The focus is now on ...
-
Star Wars Lego Model Is Worlds Largest
The unveiling of a massive Lego model in Times Square has brought new meaning to the saying that everything is bigger in New York City. The model of the Star Wars X-Wing Starfighter - the largest Lego model ever built - was given its public debut on Thursday. Made out of a whopping 5.3 million Lego pieces, the craft weighs in at nearly 46,000lbs and is 43 feet (13.1 metres) long. Its wingspan ...
-
Tesco rules out automatic big bonuses
Source: Tesco Tesco 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. 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 due to ...
-
Louisiana Passes Measure To Criminalize Reporting On Gun Owners
(Credit: Wikimedia Commons) In the latest move by Louisiana to plow ahead with looser gun laws, the state legislature passed a measure that would criminalize journalists for publishing information about gun owners. ...
-
Did FNB chief take one for the team
The inevitable question that follows Michael Jordaan's announcement this week that he is stepping down from his position as chief executive of FNB, is: was it about politics? But people familiar with Jordaan's decision that brought to an end one of the finest careers in South Africa banking say no, it is most certainly not the case. After 10 years at the helm of the bank that clinched ...
-
Solar-Powered Plane Breaks World Record for Distance
In today's business world, disruption is a constant force that never lets up. At the annual WIRED Business Conference: Disruptive by Design, we celebrate the creative power of bold new ideas and the people that make them happen. See the event ...
-
Earnings Results Pandora gets lift on strong sales outlook
SAN FRANCISCO (MarketWatch) -- Shares of Pandora Media Inc. surged in after-hours trading Thursday after the online-radio company reported better-than-expected sales for the first quarter, with big gains in revenue from mobile ...
-
Hewlett-Packard shares soar 17 after earnings
Marathon Patent Group's Wholly Owned Subsidiary, Sampo IP, Files Patent Infringement Lawsuit Against Starbucks Corporation, E*Trade Financial, Hewlett-Packard Company, and ...
North America Feature
-
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
News from around our Network
