Latest International Business News
RSS-
India China can take ties to new heights says Li wooing Indian business
Assuring Indian business more access to Chinese markets and also to narrow the wide trade gap, Chinese Premier Li Keqiang Tuesday said China and India can take their ties to "new heights of strategic growth" as he interacted with Indian business leaders in Delhi and Mumbai on the last day of his India tour. Addressing an event organized by business house FICCI and the Indian Council of World ...
-
British Open squash World no.1 Nicol too hot for Joshana
World No.1 and defending champion Nicol David outclassed India's Joshana Chinappa in the first round of the Allam British Open Squash Championships here Tuesday. The Malaysian squash great took 30 minutes to get past her 26th ranked opponent 11-4, 11-5, 11-4 at the KC Stadium. Joshana had qualified for the main draw. Dipika Pallikal, India's highest ranked player at 15, plays her first round ...
-
Indian IT honcho Phaneesh Murthy sacked for undisclosed relationship
Indian tech honcho Phaneesh Murthy was Tuesday sacked as chief executive of US-based software services company iGate Corporation "for not disclosing a relationship with a subordinate", over a decade after he was forced to quit Indian IT bellwether Infosys on similar charges of sexual misconduct. "The decision to terminate the employment of president and chief executive Phaneesh Murthy was made ...
More International Business News
RSS-
2018 World Cup infrastructure inadequate
Russia is struggling to beef up its hospitality infrastructure ahead of the 2018 World Cup, with seven of the 11 host cities lagging behind in the number of hotel rooms on offer. Only Moscow, Sochi, St. Petersburg and Kazan meet the FIFA requirement of 60,000 hotel rooms for host cities, World Cup deputy CEO Alexander Djordjadze said Tuesday at the Football Build Expo here. "It's no secret ...
-
Anderson most skillful fast bowler in the world England bowling coach David Saker
England's bowling coach David Saker has described Jimmy Anderson as the most skillful bowler in the world, following the latter's astounding display during the Lord's Test against New Zealand. The ICC ratings place Steyn at number one, while Anderson languishes at sixth place, more than a hundred ranking points behind. But Saker admits that despite Steyn being an outstanding bowler, Jimmy has ...
-
iGate CEO Phaneesh Murthy denies charges of sexual harassment
Sacked iGate CEO and president Phaneesh Murthy has denied the charges of sexual harassment against him and claimed that it was a case of extortion. In an audio conference, and said that the all the charges against him were "completely false". "This is without doubt a case of extortion. The same lawyer who had represented the woman in 2002 is representing the woman this time as well. You can ...
-
Chinese Premier Li Keqiang calls for a handshake across Himalayas
Chinese Premier Li Keqiang offered New Delhi a "handshake across the Himalayas" and said the world's two most populous nations could become a new engine for the global economy if they could avoid friction on the militarised border. "What we need is a handshake across the Himalayas, what we need is to stand at a higher level to have a birds-eye view of our relations. I am convinced that as long ...
-
Sarah Palin disproves climate change as it snowed in Alaska in May
Former Alaska Governor Sarah Palin took to Facebook over the weekend to express her skepticism of global warming. Palin argued that global warming was not happening, pointing that it was snowing in Alaska in May. According to the Huffington Post, she wrote in a post on her Facebook page 'global warming my gluteus maximus'. In her Facebook argument, Palin confuses weather with climate, a ...
-
Morgan Stanley India to sell wealth management arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
-
Ireland calls for global clampdown on aggressive tax planning
DUBLIN (Reuters) - The international community needs to work together to stop large multinationals aggressively playing one country's tax code off against another, Ireland's Minister for Enterprise said on Wednesday."They play the tax codes one against the other, that is tax planning and I think we do need international cooperation through the OECD to deal with the aggressive ...
-
Plunge in retail sales points to fragile economy
By Olesya Dmitracova and Christina FincherLONDON (Reuters) - British retail sales dropped at their sharpest pace in a year last month, a reminder of weakness in the country's economy after some recent signs of recovery.Sales of food plunged 4.1 percent from March, the worst showing in almost two years.As the government prepared to face a call from the International Monetary Fund to do more ...
-
Toronto Mayor Rob Ford Accused of Smoking Crack
Toronto Mayor Rob Ford is embroiled in a scandal involving a cell phone video that allegedly shows him smoking crack cocaine. The owners of the video have been trying to sell it to members of the ...
-
This is how you produce a winning business proposal
When was the last time a business proposal got you so excited you wanted to meet the people behind it?When was the last time the response to a request for proposal (RFP) felt like a team had gone far above and beyond, working hard to understand the crucial issues facing your organization?And when was the last time a written pitch made you chuckle and nod at the personalities involved - their ...
-
Are today’s high corporate profit margins sustainable
ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business ...
-
Canada losing ground in global science race report says
Lacklustre industry support for research and development has to change if Canada is to become competitive, a new report from the Science, Technology and Innovation Council warns. (TOM ...
-
Business Businesses lauds consortium approach in faster Internet deployment
MTN , Alcatel-Lucent and Epesi Communications - was set up to implement the initial phase of the project at cost of shs 8.4 billion. The mobile network operators in the consortium ...
-
World stocks mixed ahead of Fed chief testimony
BANGKOK -; World stock markets were mixed Wednesday, hours before Federal Reserve chairman Ben Bernanke is to deliver remarks before Congress on the state of the U.S. ...
-
Sony Aims To Achieve FY14 View Targets Profit In Electronics Business
Quote ), Wednesday, at its Corporate Strategy Meeting, said it expects to achieve financial targets for fiscal year 2014 announced on April 12. The firm aims returning ...
-
America’s Bubble Economy Is Going To Become An Economic Black Hole
mainstream media never talks about that. They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to. And most Americans seem to think that if the Dow keeps setting new all-time highs that everything must be okay. Sadly, that is not the case at all. Right now, the U.S. economy is exhibiting all of the classic symptoms of a bubble economy. You can see ...
-
New generation Sandvik Mining trucks move into field evaluation phase
Testing of Sandvik's new 51t and 63t capacity u/g mining trucks is proceeding well and some details from the initial test results at Mittersilltungsten mine in Austria are ...
-
Finance Minister does not expect agencies may revise Russia’s rating
MOSCOW, May 22 (Itar-Tass) - Russia’s Finance Minister Anton Siluanov does not expect rating agencies may revise Russia’s sovereign ...
-
Finance ministry may revise budget deficit in 2014 as incomes shrink by 650 bln rbls
MOSCOW, May 22 (Itar-Tass) - Russia’s Finance Ministry may revise the 2014 budget deficit, as incomes may shrink by 650 billion rubles, Finance Minister Anton Siluanov told the ...
-
Events industry on Middle East carbon footprint
Members of the professional sound and light industry tackled the issue of carbon footprint produced by events held in the Middle East. During a panel discussion at PALME Middle East 2013, experts looked at whether the massive amount of energy needed to put on everything from spectacular launch parties to concerts and shows can be justified. The event industry is a significant energy consumer ...
-
Cameron urges global action against tax avoidance
David Cameron will step up the campaign against tax evasion and "aggressive" tax avoidance as Apple joins multinational corporations in the spotlight.A day after Ireland defended itself against claims that its corporate tax regime has helped Apple legitimately reduce its tax liability by billions, the Prime Minister is urging the rest of the EU to back global action against what he has ...
-
Dropbox picks up single sign-on -- business users drop passwords
As cloud-based storage gains traction vs. physical storage, there have been many big-name providers popping up, such as Google Drive and Amazon Cloud. However, Dropbox continues to be an extremely popular option for both personal and business users alike. While already popular for business use, the company announced on April 10, 2013, that it was working on single sign-on for business users. ...
Kazakhstan Focus
-
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
News from around our Network
