Latest International Business News
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Gisele Bundchen crowned most powerful model in world
Gisele Bundchen has been named as the most powerful model in the world by Forbes magazine. The 32-year-old, who is the only model named to the magazine's newly released 2013 'World's Most Powerful Women' list, has been ranked No. 95 out of the 100 influential women including iconic entrepreneurs, CEOs, politicians and philanthropists, the Huffington post reported. Bundchen made the list last ...
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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 ...
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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 ...
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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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Microsoft brushes off claim Xbox Live accounts were compromised
IDG News Service - Microsoft brushed off a dubious hacker's claim on Thursday that he stole 47 million account credentials for Microsoft's Xbox Live gaming service. The hacker, who goes by the Twitter handle ...
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World Economic Forum to kick off a Dead Sea Jordan on Friday
The World Economic Forum is set to kick off at the Dead Sea, Jordan, on Friday. Image courtesy of WEF. World leaders including King Abdullah of Jordan, the Palestinian President Mahmoud Abbas and U.S. Secretary of State John Kerry are set to attend this ...
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Government establishes taskforce to deal with Ford workers
Melbourne 3000 The Victorian Government will establish a ministerial taskforce to deal with the fallout from Ford's decision to end manufacturing in Victoria. Premier Denis Napthine met Geelong community, union and industry leaders to discuss the city's future and the fate of its more than a thousand Ford workers. ...
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UN investigator seeks world moratorium on killer robots
United States A United Nations human rights investigator has called on all countries to declare a moratorium to prevent so-called "killer robots" being deployed on the battlefield.Christof Heyns, the UN special rapporteur on executions, says unmanned robotic weapons systems with varying degrees of autonomy and deadliness are being tested or used by the United States, Britain and ...
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China demand for coal stokes world market
A coal factory in Anhui province. The United States will pursue opportunities to increase coal exports to China, says Platts' Coal Trader International. Provided to China ...
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Moodys not sure if Indian economy has bottomed out
A research unit of the ratings agency Moody's has said it was not sure if the Indian economy had bottomed out, and blamed the slowdown in investments on a 'disturbing antibusiness tinge' of the ...
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Microsoft did not violate Google patent ITC
Xbox is related to the larger smartphone patent war between Apple, Microsoft and the mobile phone makers who use Google's Android software, including its subsidiary Motorola ...
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Bid to end corporate tax shelters goes global
The issue of corporate taxation has surged to the fore during Europe’s economic crisis, with countries including Ireland and the Netherlands singled out for offering easy shelters for multinationals looking to avoid paying taxes in countries where they make the majority of their ...
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China manufacturing shrinks in May
ry activity since October. It's a worrying sign for those concerned that a recovery in China's economy, the world's second largest, may have stalled. The flash HSBC Purchasing Managers' Index fell to 49.6 in May, slipping under the 50-point level separating expansion from contraction. Manufacturing activities in May reflected slower domestic demand and ongoing external ...
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Bloomberg accused of threatening to destroy New Yorks taxi industry
USA New York mayor Michael Bloomberg has found himself at the center of unwanted media attention after allegedly unleashing a profanity-laced tirade against the CEO of a large taxi fleet company over his opposition to the city's "Taxi of Tomorrow" plan. The altercation, which is said to have occurred last Thursday during a basketball game at Madison Square Garden's private ...
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Gillard seeks Ford help for workers
PRIME Minister Julia Gillard has called on Ford Australia to chip in to an assistance package to help workers and communities affected by the company's 2016 shutdown of car making. Ford announced on Thursday it would shed 1200 workers and close its factories in Victoria in October 2016. The federal and Victorian governments have pledged $50 million in assistance through two programs to help ...
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Market Wrap for Thursday May 23 Wall Street Shrugs Off Global Slump
Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the day, the U.S. market was able to shrug off a global rout in stock prices that began with a 7.3 percent crash in the Nikkei. The catalyst for the sell-off in Japan centered on concerns ...
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Nigeria ETF Gets Good News on Glum Day For Global Markets
ETFs tracking a plethora of global markets closed lower. Predictably, emerging markets sagged with the Vanguard MSCI Emerging Markets ETF ...
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UQ researchers produce worldsfirst transgenic sweet sorghu...
Dr Anshu Raghuwanshi, a Research Fellow in UQ's School of Biological Sciences, said sorghum had advantages as a biofuel crop, but until now, tissue culture steps in the gene transfer process had proven difficult, despite international efforts in recent years. Dr Raghuwanshi leads a research team that developed the gene transfer system for sweet sorghum, within an industry-collaborative ...
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Subsidy funds provided to support Chinese poultry industry
The Chinese central government announced on Monday to grant subsidies of 600 million yuan (96.77 million U.S. dollars)to support the poultry industry, which has suffered from the H7N9 influenza outbreak. The money will support poultry breeders nationwide. Major poultry-processing companies will receive short-term subsidized loans and local financial institutions are encouraged to offer credit ...
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AIME pre-tours enhance business in Victoria
The Asia-Pacific Incentives & Meetings Expo (AIME) 2013 pre-tour program has been successful in garnering future business for Melbourne and regional Victoria, according to new research. AIME 2013 pre-tour attendees were surveyed and it was revealed that 83 percent of respondents plan to bring business to Melbourne and/or regional Victoria in the future; while 17 percent said they may do ...
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China eyeing global appeal of local music
It was a privilege to work with international music legends such as The Beatles and Michael Jackson, but what kind of privilege will it be being able to continue to "work" with these great names in music history after they die? Guy Henderson is one of a few people who consider themselves honoured to have such a job. As an executive vice-president of the world's largest music ...
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Hope and concerns for civilian drone industry
The drone base is part of a project named united airlines sci-tech industrial park co-undertaken by Taiyuan Private Economy Development Zone and Shanxi Coal Asset Management Co., ...
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Anorexia nervosa sufferers to take part in worlds largest study to find genetic links
Brisbane 4000 Australian researchers are recruiting thousands of anorexia nervosa sufferers to try to find the genes behind the disorder.Anorexia is a clinical eating disorder that affects one in every 100 adolescent girls.But it is also increasingly being diagnosed in middle-aged women and men.The Queensland Institute of Medical Research (QIMR) will work with scientists from the US and ...
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Alleged Ford crack video seller not responding to calls
Gawker's editor reported last week that he had seen a video of Rob Ford smoking crack cocaine. He says an attempt to purchase the video may have hit a stumbling block. (Canadian Press ...
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World village festival begins Saturday
The annual World Village Festival is going to begin on Saturday in the Kaisaniemi Park and at the Railway Square in the capital. The Ministry for Foreign Affairs will participate in the festival with their own stand, called the Kankkula well, said a government press release. The Finnish expression, something "goes into the Kankkula well", means that something goes down the drain, ...
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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