Latest International Business News
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Beyond the Rob Ford embarrassment is a broken Toronto
Long the epitome of a humane, prosperous, diverse, caring city, Toronto has at long last captured the world's attention - but not in the way that anyone would want. Mayor Rob Ford's latest scandal has drawn headlines in ...
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Coast Guard to take testimony on Shell grounding
ANCHORAGE, Alaska -; Circumstances surrounding the grounding of a Royal Dutch Shell PLC drill barge off a remote Alaska island will be explored in a public hearing in ...
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Nominations made for ITF World wheelchair tennis Team Cup
May 19- The International Tennis Federation (ITF) have announced the nominations for the 2013 BNP Paribas World Team Cup wheelchair tennis event at the Club Ali Bey Manavgat in Antalya, Turkey, which starts tomorrow. The Netherlands will defend their crown in the women's and junior events as France, led by world singles number two and doubles number one Stephane Houdet, look to retain their ...
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North Korea make history with mixed doubles title win over arch rivals at World Table Tennis Championships
Frank Kugler won four Olympics medals in freestyle wrestling, weightlifting and tug of war at St Louis in 1904, making him the only competitor to win a medal in three different sports at the same Games. He claimed a silver medal in the heavyweight category in wrestling, bronze in the two hand lift and all-around dumbbell events in weightlifting and another bronze in the tug of war competition as ...
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Tesco clothing brand to expand
The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise store in Saudi Arabia last year, said it would open shops across the Middle East and in Kazakhstan, Georgia, Armenia and Azerbaijan.Up to six stores will be opened this year, with the ...
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China’s expanding house presses rest of global village
It's true that we cannot predict the future. Yet when we know how much snow has fallen on the Himalaya Mountains, we can predict flood levels six months later as the snow creates the floods. Similarly, a lot of snow has fallen on the global order, and we can see some of the flood of challenges to come.One prediction in my new book, The Great Convergence: Asia, the West, and the Logic of One ...
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Worlds Richest Oil Countries
Not every oil rich country is able to pass along that wealth to the locals. Here is a look at the top 10 richest oil nations per-capita. While the smaller countries with low populations will often be made to look the wealthiest at first glance, a deeper look at actual real per capita income, unemployment and national poverty will give viewers a better sense of whether that oil wealth is ...
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McDowell Tames Thongchai to Win First World Match Play
KAVARNA, Bulgaria ...
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IIM-Indore student offered salary package of Rs 34 lakh per annum
IIM -Indore has received a job offer with salary package of Rs 34 lakh per annum.Without disclosing the names of the employer-firm and the student, an IIM spokesman said the job was offered in India, to a student of the PGP 2011-13 batch.A total of 432 students and 142 companies took part in the placement process and the average salary offered was Rs 12.1 lakh per annum.Maximum jobs were offered ...
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UK opposition calls for country-by-country tax reporting
Britain's Prime Minister David Cameron (L) and the leader of the opposition Labour Party Ed Miliband leave after a service to mark the 20th anniversary of the murder of teenager Stephen Lawrence, at St Martin-in-the-Fields church in London April 22, ...
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UK lawmakers consider probe into transparency of mining firms
LONDON (Reuters) - Britain's parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which lawmakers fear have dented the stock market's ...
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DR Congo to build worlds largest dam
WORK on the world's biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo after talks between DR Congo and international ...
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Jafza - DP Worlds $30m infrastructure project on track
WAM DUBAI, 19th May, 2013 (WAM) -- The US$ 30 million Jafza - DP World joint project to build a new Gate 4 and restructure Roundabout 6 is moving on track. The initiative, launched in September 2012, is scheduled to finish and become fully functional in the first quarter of 2014. On completion, the project is expected to make the traffic flow and the connectivity to and from the Free Zone ...
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Cond Nast Offers Fashion Industry Courses
London ...
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Labour party calls for country-by-country reporting
Reuters © Britain's Prime Minister David Cameron (L) and the leader of the opposition Labour Party Ed Miliband leave after a service to mark the 20th anniversary of the murder of teenager Stephen Lawrence, at St Martin-in-the-Fields church in London April 22, 2013. REUTERS/Luke ...
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World Record US lottery prize won in Florida
UN Secretary General Ban Ki-moon voiced concern on Sunday over North Korea's launch of short-range missiles, urging Pyonyang to refrain from further launches and return to stalled nuclear talks with world ...
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Federal Rules Least of Coal Industrys Problems
May 19--To see how mercurial a coal-fired economy can be, look at Wise County in Virginia's southwest corner. There were about 10 percent more people living there in 1920 than live there today, and the population has gone up and down like a roller coaster over the years. Instead of steady growth, the county and others in Virginia's share of the Central Appalachian coal belt rise ...
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World Touring Car qualifying descends into go-slow farce – video
Watch the conclusion of the qualifying session for the World Touring Car championship in Salzburg, as drivers get down to speeds of 20mph. The desire to be in second place - and drive in the slipstream - led to an incredible display of drivers going in front before slowing down in the hope that someone would pass them, with the cars behind in turn also slowing down. A total of 12 drivers were ...
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As farmers age planning for the future of their business grows
The aging farming population is forcing more operators to deal with the complexities of how to pass along the business to the next generation. Advocacy groups are trying to provide ...
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Zimbabwe Govt in Dilemma Over Illegal Chinese Mining Activities
THE Ministry of Mines and Mining Development says it is in a dilemma over how to deal with some Chinese nationals who are carrying out mining activities without licences and destroying the environment. Deputy mines minister, Gift Chimanikire said some Chinese nationals were illegally carrying out mining activities. He said the Chinese claimed they had been given the green light to do so by the ...
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Justine Sija has boosted her business as a fish vendor through access to microcredit
Atsimo-Andrefana Region . The work is hard, but in the last year, access to microcredit has boosted both her business and her hope for the future. "Before, I used to make 10,000 to 20,000 ariary (US$4.50 to $9) a day. Now, with the credit, I can make double that amount," she ...
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World Saudi woman reaches Everest summit
Saudi Arabia - a conservative Muslim country where women's rights are very restricted - she had to break a lot of barriers to achieve her goal, her climb team said. A biography on the expedition website said convincing Ms Moharrak's family to agree to her climb "was as great a challenge as the mountain itself", though they fully support her now. "I really don't care ...
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Corporate debt abuse claims prompt Israeli review
JERUSALEM | Sun May 19, 2013 10:50am EDT JERUSALEM May 19 (Reuters) - The government plans to tighten up rules around corporate debt restructuring following accusations of growing abuse of the system by Israel companies. The Bank of Israel and the Israeli finance ministry said they were worried about the impact on pension funds invested in corporate bonds as well as a lack of clarity ...
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Book seller Sarah McNally Hipster writes her own business rule book
When 28-year-old Sarah McNally opened her bookstore in Manhattan, The New York Times called her the 'Defiant Newcomer,' but her unique approach to the business is paying off. (Yvonne ...
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Al Mansouri receives Algerian Industry Minister
WAM ABU DHABI, 19th May, 2013 (WAM) -- Sultan bin Saeed Al Mansouri, Minister of Economy, received today the visiting Algerian Minister of Industry, SMEs and Investment Promotion, Cherif Rahmani, and discussed with him ways of enhancing bilateral cooperation in areas of industry, investment and SMEs. The two ministers also explored the possibility of forging joint partnerships and investment ...
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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