Latest International Business News
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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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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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China manufacturing shrinks in May
cto 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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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, ...
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Wall St. bucks global slump
Nikkei plunged 7.3% on Thursday. Investor jitters then spilled over into Europe, where major stock indexes dived 2%. Wall Street opened deep into the red, with major indexes initially falling about 1%. The Dow Jones industrial average sunk more than 100 points shortly after the opening bell on the New York Stock Exchange. But as trading continued, investors flocked back, paring the day's ...
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The Works wins Global Effie for Devils Cut
Independent agency The Works was overnight awarded a bronze Global Effie for its Devil’s Cut work for Jim Beam. The Sydney agency was awarded the Global Effie in partnership with US-based agency StrawberryFrog and contributing agency Jung von Matt. The Devil’s Cut campaign launched last year with a The Works created television spot (below) used in international markets including ...
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Hong Kong shares may start steady after weak Chinese manufacturing data
HONG KONG | Thu May 23, 2013 9:14pm EDT HONG KONG May 24 (Reuters) - Hong Kong shares may start steady on Friday after the release of weak Chinese manufacturing data and signs from the Federal Reserve that it is considering reducing monetary stimulus. On Thursday, the Hang Seng Index closed down 2.5 percent at 22,669.7 points, while the China Enterprises Index of the top Chinese ...
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Japan stocks plunge more than 7 percent triggering falls across global markets
Global markets fall after weak Chinese manufacturing data and mixed messages from the Fed about when it will wind down its asset-buying ...
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Farmers Guardian launches new VIP membership package
Read what David Fursdon who is leading Defra's Future of Farming Review had to say, as we put questions to him on the challenges facing new ...
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UN expects global economy to gain momentum slowly
UNITED NATIONS - After a marked downturn over the past two years, the global economy is expected to gain momentum slowly for the rest of 2013 and 2014 on the back of accommodative monetary policies in developed and developing economies, a latest UN report said here ...
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Hamlin takes Coca-Cola 600 pole with record lap
Danica Patrick looks on as crew members work on her car during practice for Sunday's NASCAR Sprint Cup series Coca-Cola 600 auto race at Charlotte Motor Speedway in Concord, N.C., Thursday, May 23, ...
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2 travel companies drop Andaman tour to protest against human safaris
LONDON: Two global travel agencies have withdrawn tours to India's Andaman and Nicobar islands as a protest against the degrading "human safaris" to see the Jarawa tribe. Travelpickr, a global company based in Canada and India, and Spanish company Orixa Viatges have become the first operators to withdraw following UK based Survival International's call for a tourism boycott ...
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Hewlett-Packard profit down 32
Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations , as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit plummeted 32 percent ...
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In risky new tack Microsoft stacks Surface against iPad
(Credit: Microsoft) Microsoft's "iPad vs. Windows" campaign now includes iPad vs. Surface RT. Is Microsoft picking the right fight? On the back ...
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World Briefing | Middle East Iraq Seven Soldiers Die in Two Attacks
Iraq on Thursday, officials said. Militants attacked an army checkpoint in the town of Taji, killing four soldiers and wounding four others, two police officers said. Another group of militants exchanged fire with military forces and pro-government Sunni militia in the western village of Karma, two other police officers said. Three soldiers were killed and 18 were wounded, including 7 Sunni ...
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Are These the Best Houses In The World
A white box covered in Teflon-coated fiberglass fabric in the Netherlands. A Cor-Ten-clad volume cantilevering over a glass shop in Pittsburgh. A house in Tokyo composed solely of glass and small platforms of white steel. A raised concrete box in West Africa designed by two German artists. A seven-story concrete tower serving as a house and office for Chilean architects. These are a handful of ...
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Worlds most famous office building launches annual photo contest
NEW YORK, NY - Today, the Empire State Building (ESB) launched its annual "My Empire State Building" photo contest, offering photographers of all levels the opportunity to submit images of the iconic landmark through their original and creative lens. By visiting the Empire State Building's Facebook page ...
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Fed Fears Shake Global Markets but Fade on Wall St.
Investors are contemplating a future without support from one of the biggest engines of the global economy in recent years: the Federal Reserve. Fears that the Fed is about to reduce its stimulus helped send stock, bond and currency prices on a wild ride on Wednesday and Thursday, with Japanese stocks experiencing their worst one-day decline since the 2011 tsunami and United States ...
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GLOBAL MARKETS-Asian stocks steadier Nikkei bounces back
Thu May 23, 2013 8:29pm EDT * Nikkei up 3 pct in early trade, following 7.3 pct fall * Asian stocks outside Japan steadier after drop * Yen softer, reversing Thursday's gains * MSCI ex-Japan edges up By Ian Chua SYDNEY, May 24 (Reuters) - Asian shares opened cautiously higher on Friday with Tokyo's Nikkei steadying from its biggest one-day drop in two years as investors breathed a sigh ...
Kazakhstan Focus
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Kazakhstan capital's next challenge
Astana, the capital of Kazakhstan, has experienced rapid growth in recent years and has seen the completion of some impressive architectural feats, now there are plans by the government to build a huge indoor city within the capital, providing the country with a modern feat of engineering and a tourist attraction of which to be proud.
Astana and Dubai, despite vast differences, have a few things in common as cities. Dubai is not the capital of the United Arab Emirates, while Astana is the capital of Kazakhstan, Astana is one of the coldest capitals in the world while Dubai is in one of the hottest regions on the planet. But Astana, like Dubai, has experienced rapid development in recent years, due in large part to the relocation of the capital to the city, and like Dubai, it has had to make sometimes impressive adaptations to architecture and development in order to compensate for the climate. Read more
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