Latest International Business News
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The Most Undervalued Brand In The World
Most companies take their best asset and wring it for every drop of sales possible. Some take it too far, in fact, and end up diluting the very brand that built their empire. The venerable Hershey Company, maker of its eponymous chocolate and other keystone treats, has been doing the opposite, however. It's been shielding from the world its best asset, a mightily delicious, addicting candy ...
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International Cultural Industries Fair ended on Monday
/enpproperty--> The 9th China International Cultural Industries Fair closed its doors in Shenzhen on Monday. A total of 157 transactions each worth more than 100 million yuan ($16 million) were made by Sunday, the third day of the fair. The trade volume of the first three days saw a growth of 15.85 percent year-on-year. Liu Qibao, head of the publicity department of the Communist Party ...
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Obama-gate and World War III
Americans are the biggest losers from the slew of scandals now rocking the White House, but who are the biggest winners? Iran, North Korea, Syria, China, and Russia. If US foreign policy seemed spineless and muddled in confronting bad actors before the Benghazi-IRS-AP scandals surfaced, the US just became that much more irrelevant to its archrivals and antagonists on the world ...
More International Business News
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Companies considering IPOs must face proper scrutiny
Companies considering IPOs will face greater supervision, and harsher penalties if found guilty of any wrongdoing or fraud, says an article in Beijing News (excerpts ...
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Swedish extradition request for Assange ‘a fit-up’ - UK intel chatter
WikiLeaks WikiLeaks founder Julian Assange cited unclassified messages exchanged inside a UK intelligence agency to back his refusal to be extradited to Sweden. One of the messages calls sex-related allegations against Assange "a fit-up". The Australian, who has been stranded at Ecuadorian embassy in London for almost 12 months, cited instant messages he received from Government ...
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Tech stocks Yahoo Microsoft on front burner
Technology companies, many of which are in the Nasdaq 100, will be the focus of a lot of investor attention today and throughout the week. The biggest news this week in tech stock is Yahoo's $1.1 ...
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Kanye West Debuts New Song On Buildings Around The World
Over the weekend, Kanye West gave the name and release date of his long-teased new album, rocked Saturday Night Live, and debuted a new song on 66 buildings around the world. What did you do this ...
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Man breaks world record by riding Ferris wheel at Chicagos Navy Pier for more than 48 hours
FILE - In this June 13, 2012 photo, visitors ride on the Ferris Wheel and Wave Swinger at Chicago's nearly century-old Navy Pier. Clinton Shepherd, park operations manager at the Navy Pier, rode the tourist spot’s Ferris wheel for more than 2 days over the weekend of May 18-19, 2013, bringing the world record for the longest ride to the birthplace of the amusement park favorite. (AP ...
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Nigeria First Bank CEO Highlights Nigerias Investment Opportunities At World Economic Forum
The FirstBank of Nigeria impressed delegates at the recently concluded World Economic Forum in Cape Town, South Africa about opportunities for Foreign Direct Investment in Nigeria, reports Adeola ...
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Nigeria Investors Confidence in Nigerian Economy Surge
Investors' interest and confidence in the Nigerian economy is surging, Minister of State for Finance, Dr. Yerima Lawan Ngama has disclosed. Citing 14 million hits and download of data from the website of the Nigerian Federal Office of Statistics, FOS, as a pointer, the minister observed too, that the percentage of non-filers in Nigeria of companies income tax regime declined from 54 per ...
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Austin firefighter seeks niche in online vaca home listing industry
Matt Thomson founded Wavecation LLC in 2011 to reach vacationers looking for homes to rent where the surf is up. An Austin firefighter is building a business on the hope that people looking for vacation rentals where they can surf or at least enjoy beaches where others do will surf the Internet to his online listing service. So far things are trending positively for Matt Thomson, who founded ...
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Forward Calendar - U.S. corporate bond new issues
May 20 (Reuters) - The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States. The information was gathered from Thomson Reuters U.S. new issues team, and other market sources: *Denotes 144a private placement debt offering. HIGH-GRADE BOND SALES EXPECTED FOR THE WEEK OF 5/20/2013 COMPANY AMT MAT/DEBT ...
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Fight against mining impacts continues
REPRESENTATIVES from mining-affected communities around Australia have vowed to continue fighting against the impacts of coalmining and coal seam ...
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Ryanair Annual Profit Rises 13
PARIS -- The budget airline Ryanair reported a 13 percent increase in annual profit on Monday, as Europe's protracted economic downturn continued to drive air passengers to search for the lowest possible ...
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Underground Lender Gets Death Sentence in China
BEIJING -- A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by ...
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Mantashe Zuma-Gupta relations is not our business
"Did the president take us into his confidence about the relationship between [him] and the Gupta family? I'm not sure if that is necessary," he told reporters in Johannesburg on Monday. "It is not the business of the NEC [national executive committee] who I relate to in my personal capacity. The question is whether the relationship impacted on the behaviour of the ...
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Report NetApp cutting hundreds of jobs ahead of Tuesday earnings
NetApp is reportedly preparing to cut 10 percent of its global workforce. Sunnyvale-based NetApp is reportedly cutting as many as 1,200 jobs worldwideroughly 10 percent of its workforceahead of its earnings report on Tuesday. Last week, Piper Jaffray issued a private analysts note warnings investors of the impending layoffs. The Times of India today reported that the company was cutting 300 jobs ...
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Met gagged Leveson evidence over police leaks to News of the World
Scotland Yard: it has been claimed the Met gagged the Leveson inquiry from revealing evidence about police leaks to the News of the World. Photograph: Oli Scarff/Getty ...
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Tumblr a big blank canvas in the world wide web
Meaning a Tumblr page is a big blank canvas. Users can post pictures, songs, links, videos or even the good old-fashioned written word. A page can be a platform for anything and everything its users find online and want to share. Or they can dedicate their blog to documenting a single, and often very silly, ...
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Louise Menschs former business partner Luke Bozier accepts caution
Louise Mensch says he has accepted a police caution five months after being arrested on suspicion of viewing or possessing indecent images of children.Luke Bozier, who has also been an e-campaigns manager for the Labour party, said he had never been a paedophile and that some of the allegations made against him after a private email account had been hacked were false.Ending what he called ...
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Business Lessons From the Bloomberg Scandal
But amid the controversy, the data breach offers uncomfortable lessons about how we conduct modern business in a digital era--and how we're unprepared to ensure online transactions remain secure and private. Seemingly everyone, from our employers to doctors, collect electronic data. We sign confusing waivers. We share massive amounts of information through e-mails and cloud computing ...
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Li Sino-India cooperation a blessing for the world
/enpproperty--> Chinese Premier Li Keqiang saidChina and India have agreed to regard each other as an opportunity for development. Li made the statement during a press conference in India. He said the cooperation between China and India can drive the world economy, and the deepening bilateral ties are "a fortune for Asia and a blessing for the world." China and India did not ...
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Christians Around the World Unite for Global Day of Prayer 2013
Christians around the globe gathered on Pentecost Sunday in stadiums, auditoriums, churches, homes, and some in secret places, to pray for the healing and blessing of their nations and the ...
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Chinese Dream belongs to the world
Former French Premier Jean-Pierre Raffarin compared the Chinese Dream to a vision that encapsulates a society in harmony and development, basically the mainstream view of the dream, says an article in People's Daily (excerpts ...
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New administration new thinking on economy
Premier Li Keqiang said at a State Council meeting that there was no longer much space left for economic stimulus. That symbolizes the thinking of the new administration, says an article in The Economic Observer (excerpts ...
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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