Latest International Business News
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Torontos executive to deliver statement amid Ford controversy reports
Toronto's executive committee is preparing a statement to assure residents that work at city hall continues despite the mounting controversy surrounding Mayor Rob Ford. According to media reports, the executive committee is expected to release a statement on Friday reassuring residents that the work of city hall will carry on, despite reports of an alleged video where Ford is reported to ...
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China’s textile industry ‘more diversified’
/enpproperty--> Cost rises of labor and raw materials have pushed China's textile industry to become more diversified, Karin Malmstrom, China director of Cotton Council International, the export promotion unit of the National Cotton Council of America, said during a promotion campaign on Friday. "We have noticed some changes in the industry's supply chain in China, as more ...
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May 24 News Autsch Fracking Threatens The German Beer Industry.
German brewers have warned Chancellor Angela Merkel that any law allowing the controversial drilling technique known as fracking could damage the country’s cherished beer industry. The Brauer-Bund beer association is worried that fracking for shale gas, which involves pumping water and chemicals at high pressure into the ground, could pollute water used for brewing and break a ...
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Update Fire damages abandoned building adjoining business spared
EDMONTON - Crews were still putting out hot spots at an abandoned building downtown Friday morning, hours after the blaze threatened to destroy a neighbouring structure.Firefighters were called to 10530 102nd St. around 11:30 p.m. Thursday, and discovered what they initially believed was some garbage on fire out back, said acting district chief Trevor Whyte.Within an hour the building -- which ...
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Dean Brody Serena Ryder Sam Roberts Band among big names set for Stampede’s Coca-Cola Stage
The Stampede's free Coca-Cola Stage will once again be stacked with an eclectic array of national talent this year -- including some, as usual, that's homegrown. Organizers announced the lineup Thursday night during the Covert Concert event at Flames Central, which featured surprise performances from Dean Brody and Down With Webster.Taking the stage this year are artists that run the ...
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Mayor Rob Ford video sellers have disappeared Gawker
Online reaction to Mark Towhey's firing TORONTO - So where are the guys who are trying to sell the notorious alleged Mayor Rob Ford "crack smoking" video? And where is the most sought-after video in Toronto history itself? The guy trying to buy it for $200,000 would like to know. As of right now they, as well as it, have disappeared. "I haven't been in contact with ...
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Co-op Bank To Stop Issuing New Business Loans
The Co-operative Bank says it will stop lending to new corporate customers as it seeks to repair a major hole in its finances. The move comes after credit ratings agency Moody's downgraded the bank to junk ...
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Co-operative Bank stops new corporate loans
The Co-operative Bank is to stop lending to new corporate customers as it seeks to repair a major hole in its finances - dealing a blow to efforts to ease the borrowing squeeze on small ...
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German Business Confidence Shows Improvement
Good day. And a Happy Friday to one and all! I know and fully understand that I've only been back in the office for 2 days, but it sure seems like it's been a very long week! So. plenty of you were not happy that I came back from MD Anderson Cancer Clinic in Houston and didn't tell you what all the tests, scans, and doctors had to say. So, I'll get to that in the Big Finish ...
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Global majority faces water shortages within two generations
pollution and over-use of resources take their toll, 500 scientists have warned.The world's water systems would soon reach a tipping point that "could trigger irreversible change with potentially catastrophic consequences", more than 500 water experts warned on Friday as they called on governments to start conserving the vital resource. They said it was wrong to see fresh water as ...
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Peru funded illegal Amazon rainforest road claims Global Witness | David Hill
The illegal road running towards the Purus National Park which could connect the remote Purus region to the rest of Peru. Photograph: Courtesy of ...
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More companies skipping corporate taxes
More businesses are taking legal steps to become whats known as pass-throughs to avoid paying corporate taxes. The companies distribute profits directly among investors who pay taxes at the lower personal income level. More businesses are taking legal steps to become whats known as pass-throughs to avoid paying corporate taxes. The New York Times said the change is because personal tax rates are ...
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News Corps publishing business to initiate stock buyback
set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away.The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday.New News Corp will have $2.6 billion in cash when the spinoff is completed at the end of June.The board of the ...
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Dayton restaurants report growth as industry reaches record highs
OinkADoodleMoo, a fast-casual barbecue chain, has seen each month in 2013 as stronger than in 2012. Restaurateurs across the country rejoiced in April as the month closed out with record sales, and Dayton restaurants noticed an uptick too. Sales reached a record $45.9 billion in April. Thats a seasonally-adjusted increase of $200 million from December 2012 when the industry hit its last high, ...
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Africa Africa Tempts High-Tech Companies
Multinational High - Tech companies looking for new frontiers and fresh ideas are lining up for a slice of Africa's relatively untapped consumer market. Many experts are saying the continent is poised to be the next hotbed of technological innovation. Others are even more optimistic. "Africa is that frontier right now," said Canada-based New Media marketing strategist Douglas ...
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Africa New Standards Approved for Extractive Industries
New performance standards have been announced (5/23) for oil, gas and mining companies, requiring them to be much more transparent in their business dealings. The Extractive Industries Transparency Initiative approved the new performance standards at a meeting in Sydney, Australia. Created in 2003, the initiative includes government, business and civil society representatives. Among those ...
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Africa Pan African Business Conference Opens in Addis Ababa
Pan African Business Conference organized in connection with the 50th Anniversary of the OAU/AU opens on Friday at the United Nations Economic Commission for Africa (UNECA) in Addis Ababa. Speaking at the opening of the Conference, African Union Commission Deputy Chairperson, Erastus Mwenca said Africa's private sector has a pivotal role in the continent's development. He said Africa ...
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Finance News Macroeconomic News
May 24 (Reuters) - (The following statement was released by the rating agency)Fitch Ratings has affirmed Semper Finance 2006-1 Ltd.'s senior swap and class A to E ...
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Strongwell Corporation Partner with Chatfield Economic Development Authority
Strongwell Corporation recently partnered with the Chatfield Economic Development Authority to develop, build and install an ADA-compliant handicap access ramp for the Chatfield Center for the ...
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Manufacturing Processes Contribute to More Than Two-Thirds of a Running Shoe’s Carbon Impact
A typical pair of running shoes generates 30 pounds of carbon dioxide emissions, equivalent to keeping a 100-watt light bulb on for one week, according to a new MIT-led lifecycle ...
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Global Solar PV Wafer Market Forecast to Reach $16263 Million by 2017
Research and Markets has announced the addition of the "Growth Opportunities in Global Solar Photovoltaics Wafer Market 2012-2017: Trends, Forecasts and Opportunity Analysis" report to their ...
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Deputy Defense Seretary Carter Industry needs profits and margins to be successful
Deputy Defense Secretary Ash Carter Lowest price will no longer rule the day in federal contracting at the Defense Department, as the latest iteration of its procurement strategy recognizes the need for industry to to make money, said Deputy Defense Secretary Ash Carter in a speech Thursday. In comments made at D.C.-based Center for Strategic and International Studies, Carter was referring to ...
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Kansas City Business Journal announces CFO of the Year honorees
The recession has made for rough sailing for many businesses over the past few years, but some have had exceptional CFOs to help steer them through it. Those are the executives the Kansas City Business Journal will recognize as CFO of the Year. The awards program, now in its sixth year, honors the Kansas City area's top financial executives. Applicants were judged for their contributions to ...
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Two new candidates file for run at Arizona Corporation Commission
Two new candidates have filed paperwork to run in next year's Arizona Corporation Commission election, vying for a seat on the board that regulates state utilities. AZCentral reports Republican Dwight Jaeger of Prescott has filed papers to run and Democrat Nancy LaPlaca of Scottsdale has filed to form an exploratory committee. The ACC consists of five elected officials who oversee regulated ...
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Top Twitter practices for business marketing
Feel like a twit instead of a Twitter expert? Youre not alone. Businesses are having a difficult time cracking the code to successful marketing via Twitter. However, executive education and conference company Global Strategic Management Institute tackled the topic in its Social Media Strategies Summit Blog. The blog recently offered the Top 10 Twitter Marketing Tips to Remember. Check them out, ...










