Latest International Business News
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Saudis Nitaqat law Procedures implemented in Indian workers interest says Finance Minister Al-Faisal
Jeddah: In a bid to allay India's concerns over the controversial 'Nitaqat' labour law, Saudi Arabia's Foreign Minister Prince Saud Al-Faisal today said "procedures" are being taken in the "best interest of Indian workers".The Nitaqat law and the ongoing drive to identify workers who are overstaying in the Arab Kingdom was one of the main areas of focus ...
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Artists vie for global exposure
Up to 30 researchers are feared to have suffered internal radiation exposure after an experiment went awry at a Japan Atomic Energy Agency ...
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This week in the world of progressive state blogs Gov. Tancredo Pipeline votes. Cutting 1er taxes
Each Saturday, this feature links and excerpts commentary and reporting from a dozen progressive state blogs in the past seven days around the nation. The idea is not only to spotlight specific issues but to give readers who may not know their state has a progressive blog or two a place to become regularly informed about doings in their back yard. Just as states with progressive lawmakers and ...
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Putin Business amnesty bill needs changes
Russian President Vladimir Putin said a bill that would free thousands of jailed businessmen required revisions. RIA Novosti reported Saturday the office of Russia's business ombudsman Boris Titov estimates 110,000 businessmen could be directly affected by the bill. Andrei Nazarov, who co-authored the bill with Titov, said it would be ready for consideration by lawmakers "within ...
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Jordan economy set to grow 3.5 pct in 2013 - central banker
DEAD SEA, Jordan | Sat May 25, 2013 10:58am EDT DEAD SEA, Jordan May 25 (Reuters) - Jordan's economy is expected to grow around 3.5 percent this year driven by remittances, higher domestic consumption and some pickup in construction activity, the kingdom's Central Bank governor said on Saturday. Ziad Fariz told Reuters on the sidelines of a World Economic Forum (WEF) conference ...
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World Tragic end for 64 stone man who ate himself to death
Desperate Nairobians out to do everything to join this exclusive fraternity, are now falling into the hands of conmen, who at a fee are promising ...
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Lack of top skills hits business hard
A LACK of logistics skills is hampering South Africa’s ability to compete in the global market, with about 65 percent of employers struggling to fill tactical and strategic level positions in supply chain ...
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Obamacare Will Bring Drug Industry $35 Billion In Profits
The pharmaceutical industry will reap between $10 billion and $35 billion in additional profits over the next decade thanks to the Affordable Care Act, also known as Obamacare, a new analysis from London-based GlobalData shows. (Image credit: AFP/Getty Images via @daylife) Despite expiring patents on blockbuster drugs and a wave of new regulation from the Affordable Care Act that will cost ...
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Sony Microsoft or Nintendo Were In A Console Rut
week's Xbox One announcement . The "best" part of the hour long presentation was near the beginning, when it was demonstrated that the Xbox could flip seamlessly between television and the console with a simple voice or gesture command. The audience cheered as the screen flipped forward between a game and TV, and it did feel vaguely futuristic. But when you stop and think about ...
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Palestinian president urges investment to boost economy
Palestinian president Mahmoud Abbas has called for investment and joint ventures in tourism, energy and industry to help improve the economic prospects and security of his ...
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‘Abenomics’ boosting Japan’s economy
TOKYO - After years of grinding malaise, Japan suddenly has some of its bling back. A humbled Sony - once a titan of Japan Inc. - recently sprang back into the black for the first time in five years, courtesy of a plunging yen. Honda, another corporate icon, triumphantly announced a return to Formula One racing, rejoining an exclusive club of high-performance carmakers after having slunk away ...
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Mike Bloomberg Wants to Fucking Destroy the Taxi Industry Heres How He Could Do It
fucking destroy " the city's taxi industry when he leaves office on January 1. Bloomberg's frustration with New York's yellow cabs and their drivers stems from their unwillingness to adopt new technology such asaccepting electronic passenger hails from smartphones, and their resistance to one of the mayor's pet projects, a ...
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Suspicious Package On Board Flight From Tallahassee
MIAMI (CBSMiami) – A suspicious package on board a flight from Tallahassee Saturday. According to police, there are 43 people on board American Eagle Flight 3491 to Miami International ...
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Russian pays $1.5M to go to space with DiCaprio at Cannes auction
Leonardo DiCaprio arrives at a photocall for the film "The Great Gatsby" during the 66th annual Cannes International Film Festival in Cannes, France on May 15, 2013. UPI/David ...
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Five climbers feared dead on Nepal mountainside
Officials in Nepal said five missing mountain climbers were likely killed by an avalanche on Mount Kanchenjunga earlier this week. The Nepal tourism ministry said the group went missing while descending the mountain and included climbers from Nepal, Hungary and South Korea. "All our efforts to trace them have failed," Mingma Sherpa, the organizer of the expedition, told the BBC. ...
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Do you know that there is a country up for sale Do you know that its finance agriculture and retail sectors are being put on the market Perhaps you are already aware of this due to various media reports. But then again maybe you are not be
Do you know that there is a country up for sale? Do you know that its finance, agriculture and retail sectors are being put 'on the market'? Perhaps you are already aware of this due to various media reports. But then again, maybe you are not because it's all being carried out behind closed doors in Brussels. The EU-India Free Trade Agreement (FTA), something that could ...
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Federal agency looks to snag corporate sponsors for Ottawa events
McDonald's golden arches on Parliament Hill? Tim Hortons billboards at the Governor General's residence?Nothing quite so crass is in the works, but a cash-strapped federal agency is actively looking for corporate sponsors to fill gaping holes in its budget.The National Capital Commission is reviewing a proposal to bring in almost $4.5-million in new sponsorship money over the next five ...
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Improving economy changes political landscape
FILE - In this May 15, 2013, file photo, President Barack Obama speaks on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny in the East Room of the White House in Washington. The economy is clearly, if slowly, recovering on ObamaÂ’s watch and robbing Republicans of a central argument against Democrats. But the alleged misbehavior by the Internal Revenue ...
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More corporate sponsors on Parliament Hill Why a proposals under review
OTTAWA -- McDonald's golden arches on Parliament Hill? Tim Hortons billboards at the Governor General's residence? Nothing quite so crass is in the works, but a cash-strapped federal agency is actively looking for corporate sponsors to fill gaping holes in its budget. The National Capital Commission is reviewing a proposal to bring in almost $4.5 million in new sponsorship money ...
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Is Documentary Film Viable in a Sensationalized Media World
There has been a major shift in media culture as most TV networks have abandoned long-form information programming. In these times, with Twitter playing a big part in disseminating news, TV has to be punchy, quick and visual. The age of media mergers has seen showbiz merging with news biz, and soundbites have become shorter as the newscast story count rises. Significantly, the best TV criticism ...
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Lawrenceville native strives to fly from worlds wonders
PITTSBURGH, Pa. - Jon Potter didn't need to be asked twice. When a guard pointed to the top of the Bent Pyramid, Potter quickly climbed up through cracks in its limestone face. The 22-year-old Lawrenceville native carried the equipment of a small fabric-winged speedflyer to the peak of Pharaoh Snefru's pyramid, built in 2600 B.C. Speedflying, in Potter's words, is "the ...
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Shell pulls out of African downstream market
The major oil company Shell has sold its downstream businesses in 14 African countries for around US$ 1 billion. Shell products however still would be sold to ...
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Doing business in Africa becoming easier
Foreign investments in Africa are strongly increasing as the continent displays on of the world's highest growth numbers. African analysts hold that this is a consequence of improved business environments in ...
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World Pakistan school bus fire kills 16 children
children , aged between four and 10, were just a few kilometres from their school in Gujrat, about 200km (120 miles) south-east of the capital Islamabad, when the incident ...
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Microsoft And Google Play For High Stakes over YouTube On Windows Phone
finally received Microsoft's YouTube client for their handset. Developed by Redmond, after Google declined to support their mobile platform, the client has already sparked a war of words (and legal letters) between the two tech companies. The saga of the WP YouTube client is far from over, but it highlights two important areas - Microsoft means business with Windows Phone, and YouTube is ...
Latin America Focus
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Latin American unity plagued by tensions
Division and suspicion seem the order of the day in Latin America at present, negating any optimism that the countries of the region may one day move toward a regional integration model based on that of the EU.
Latin America has seen itself become heavily divided over the issue of whether to readmit Honduras to the Organization of American States (OAS) after the 2009 coup, with all the Central American states accepting the new government while big regional players like Brazil and Mexico insist that more must be done before they’ll recognize it. Meanwhile, President Alan Garcia of Peru has told Latin America news providers that there is a quiet arms race occurring in the region. In all, it seems that regional integration along the same lines as the EU remains a long way off at present. Read more
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