Latest International Business News
RSS-
Airlines performance improves lags other industries U.S. poll
(Reuters) - U.S. consumers are more satisfied with airlines in recent years but the industry still gets relatively low marks, mainly due to the onboard experience, according to a new customer poll released on ...
-
Analysis Companies may turn to courts on U.S. natural gas export push
WASHINGTON (Reuters) - U.S. companies hoping to export natural gas are frustrated by lengthy delays and rule changes as they await U.S. Department of Energy approval of their applications and may turn to the courts to speed up the ...
-
Fitch Affirms Roof Russia DPR Finance Company S.A.s Notes at A- Outlook Stable
Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...
More International Business News
RSS-
Indian economy going through a mild recession Shankar Sharma
GDP growth target of 6.5% to be met. "I see the Indian economy growing at 4.8% in FY14," he said. India's GDP grew at 4.8% in the fourth quarter of FY13. The GDP for the entire FY13 grew at 5%, which is a decade low number. According to Sharma, the macros and interest rates are not supportive of growth right now. "RBI's policy has done a huge damage to India's ...
-
Why Citigroup Inc wants to rack up US taxes
This is a bitter lesson to us: In matters concerning Pakistan one should not totally trust the US. They would do anything to ensure that no harm came to Pakistan, said ...
-
Plans to create Big Marijuana worry legalization advocates business partners.
Former Mexican President Vincente Fox, left, speaks as Jamen Shively, CEO of Diego Pellicer, looks on during a news conference last month in Seattle. Shively described plans to quickly raise $10 million and eventually build his company into an international marijuana powerhouse and move into the recreational-use market. (AP Photo/Elaine Thompson, File) For the activists who led the effort to ...
-
Tolko Industries releases statement after 18-year-old worker dies on the job
6/17/2013 Tolko Industries, which owns the Lavington Planer Mill where an 18-year-old man died on Saturday, has issued its first public statement since the fatal accident. Tolko President and CEO Brad Thorlakson says Bradley Haslam was a clean-up crew worker. He says Haslam died after becoming caught in a conveyer belt at the mill. In the statement, Thorlakson says the clean-up shift ...
-
Worlds longest widest cable bridge Chinas Jiaxing-Shaoxing Sea Bridge completed
Long cross: Jiaxing-Shaoxing Sea Bridge is the world's longest and widest cable-stayed bridge, and stretches so far in the distance the end disappears in the ...
-
World Socialist Web Site launches daily audio podcast
is pleased to announce that it is officially launching a daily audio podcast edition, which features a voice recording of the lead and the perspective. Readers of the WSWS can now access a portion of the daily content of the website in audio format, which you can stream on your computer, phone or portable MP3 player. This will enable you to listen to the WSWS while traveling, driving, or ...
-
Corporate gifts fuel US charity gains
WASHINGTON (AFP) - US charitable giving rose modestly in 2012, fueled by a jump in corporate gifts and concerns about possible tax changes which could limit future deductions, a survey showed.Overall charitable contributions from American individuals, corporations and foundations rose 3.5 percent to $316.23 billion in 2012, according to the annual survey by Giving USA Foundation and Indiana ...
-
Cavalier shares fall after earnings warning – layoffs likely
Shares in Cavalier Corp fell 1.8 percent after the carpet-maker warned annual earnings will be at the bottom end of guidance and signalled a $1 million cash hit as it consolidates its tufting operation. The Australian operating environment "remains very subdued" and normalised earnings will be at the bottom end of the $6 million to $10 million forecast for the year ending June 30, ...
-
‘World War Z’ draws massive crowd in NYC
Actor Brad Pitt attends the premiere of ';World War Z'; in Times Square on Monday, June 17, 2013 in New York. (Photo by Evan Agostini/Invision/AP) NEW YORK -- Thousands of fans brought Times Square to a standstill as they waited to catch a glimpse of Brad Pitt at his premiere for ';World War Z.'; The 49-year old actor took his time on the appropriately-designed ...
-
$39mn remitted into Oman in 2012 World Bank report
Jordan remains the main source of remittance inflows to Oman A World Bank report has shown that the sultanate received US$39mn in remittances from Omani expatriates in 2012, ranking it 145th out of the 165 countries for which there is remittance inflow data.There has, however, been no increase in the remittance inflow over the past five ...
-
Qatar Air in talks with Boeing over new 777 launch
Qatar Airways is talking to Boeing about being a launch customer for a successor to its mini-jumbo, the 406-seat 777-9X, CEO Akbar Al Baker has said at the Paris ...
-
Jamie Dwyer bags five goals in 299th Kookaburras game at Hockey World League
Netherlands Kookaburras star Jamie Dwyer warmed up for his 300th appearance with a five-goal haul in his side's 7-1 win over France at the Hockey World League in Rotterdam.The win moves Australia into a quarter-final against India on Thursday morning (AEST) which will be Dwyer's 300th game and the 100th between the two countries.Victory will guarantee Australia the opportunity to ...
-
World Cup Protests Violent Clashes In Brazil
More than 100,000 people have marched through cities across Brazil to protest over rising public transport prices and the cost of staging the 2014 football World Cup. Tens of thousands of people took to the streets of Sao Paolo, while youths clashed with police in central Rio. Police used tear gas, pepper spray and rubber bullets to disperse small groups of masked youths who started a fire ...
-
Kenya Sh11 Million Medical Finance Given Out
Private health facilities in the country have received Sh110 million as loans from the Kenya Medical and Education Trust in partnership with Medical Credit Finance (MCF). So far, 157 facilities have received loans, the organization's lead quality advisor Lester Chawiyah said during a five-day training of private health managers drawn from Kisii, Nyamira, Migori, Homa Bay. Bomet among other ...
-
International Childrens Day Welcome to our wonderful world
On International Children's Day, we spell out a clear message: welcome to our wonderful world, the world created by us, adults, a world in which despite the teachings of the holy books, we continue to use religion as a banner for armies to gather, in which despite scientific discoveries, we continue to destroy our ...
-
Big retail critics costing jobsindustry
The chairman of Australia's peak retail body has launched a strongly worded attack on critics of Australia's biggest retailers, saying a stream of misinformation is threatening job creation and impeding growth in the sector.Australian National Retailers Association (ANRA) chairman John Gillam, who is also managing director of hardware chain Bunnings, told an ANRA function in Sydney ...
-
Business QA Kimberly Votery Marking Manager at Grow Financial
LAKELAND | Kimberly Votery, marketing manager for the new Grow Financial branch in Lakeland, said a lot of the credit union's members asked for a branch to open in ...
-
Rosetta Thurman Rocks Santa Barbara Nonprofit World
Leading From Within (LFW) is sponsoring Rosetta Thurman, a nationally-recognized author, speaker and coach, to deliver a dynamic workshop on "6 Ways to Rock Your Nonprofit ...
-
Italian experts say EU-US trade deal to boost global trade
The formal launch of free-trade talks between the European Union (EU) and the United States at the G8 summit will have positive impact on global trade, Italian experts said on Monday.The first round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations will reportedly take place next month in Washington.According to Giorgio Arfaras, an economist at Turin-based Luigi Einaudi ...
-
World Heritage Site ancient city Hierapolis in Turkey
Tourists enjoy themselves in an ancient pool of Hierapolis in Turkey on June 16, 2013. Hierapolis was an ancient city located on hot springs in classical Phrygia in southwestern Anatolia. The hot springs have been used as a spa since the 2nd century B.C., with many patrons retiring or dying there. The Hellenistic city was built on a grid with streets running parallel or perpendicular to the main ...
-
This Worries Us Most About China Says World Bank
Financial instability in China, stemming from its vast shadow banking sector, is a lurking threat for the world's second largest economy, according to Hans Timmer, director of the Development Prospects Group at the World Bank."[China has] a shadow banking sector where nobody knows who is on the hook for all kinds of loans; [it] has 160 percent of GDP [gross domestic product] of private ...
-
Oregon St. advances in College World Series
OMAHA, Neb. – It’s one down and three to go for Oregon State. The No. 3 national seed Beavers stayed alive at the College World Series on Monday, beating Louisville 11-4 after a seven-run fourth inning broke open the loser-out game. Oregon State won NCAA championships the last two times it played in Omaha, in 2006 and ’07, and coach Pat Casey’s first title team did it ...
Latin America Focus
-
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
News from around our Network
