Latest International Business News
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Holden says carbon tax adds to car manufacturing woes
As reported in the Australian , he said that the tax is one of the factors which make the cost of manufacturing automobiles higher. "There is no question that a tax on electricity, in making it more expensive in input costs, makes it more difficult for me to make money building cars," he told ABC radio in Adelaide. He added that such costs mean that Holden has to look for ...
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Manufacturing raises profile on MMAC Future 50 list
Josean Bazquez assembles yellow lights for traffic control at TAPCO, which manufactures parking controls and safety products, The company was named to the Metropolitan Milwaukee Association of Commerce's Future 50 list of fast-growing ...
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Will the All Blacks fall to Australia at the next World Cup
the milestone of their 500th Test match . Two of the three NZ tries were instant classics. In fact, there probably won't be a better score this year than Beauden Barrett's late try under the sticks following a dazzling length-of-the-field breakout. But a performance "close to perfection" and other misty-eyed exaltations? Hardly. In fact, come to think of it, there's a ...
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Facebook suffers global crash
Facebook increasingly targeted by scammers Social networkers took to Twitter after a global Facebook outage this afternoon. Facebook went down for less than two hours from around 12.30pm. People in Australia, US, New Zealand, South America and Europe have all reported that they were unable to login to Facebook, or "a website that uses Facebook Connect" for a short period of time. ...
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Top business accessories for your phone tablet
Try a tag to keep track of your phone or keys Richard LaBar has long ditched his heavy laptop in favor of a lightweight iPad mini."I won't travel without it," says LaBar, who totes around the 7.9-inch tablet (from $329) as owner of LaBar Golf Renovations, based in Bernardsville, N.J.LaBar, 43, uses the pint-sized tablet from Apple for e-mail, Web browsing and ...
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Brazil set to change mining rules
BRAZIL President Dilma Rousseff has proposed a new regulatory framework for mining in in the country, one of the world's biggest producers of iron, bauxite, gold, nickel, manganese and other ...
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Asia business sentiment rises in second quarter global growth risk still dominates
SEOUL (Reuters) - Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey ...
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HIGHLIGHTS-Q2 ThomsonReutersINSEAD Asia Business Sentiment Survey - by sector
MUMBAI, June 19 | Tue Jun 18, 2013 11:19pm EDT MUMBAI, June 19 (Reuters) - Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed. The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed ...
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Health disasters can derail a business
The KoKyu relief crew arrived about 7pm on the Friday night of the April Shakori Hills GrassRoots Festival of Music & Dance in Silk Hope, North Carolina (NC).That meant that David "Flip" Filippini, owner of the popular Durham, NC, food truck, could call it a night and have a beer."I walked out in front of the truck and I noticed there was some mud, and I went to go grab some ...
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World Briefing | Africa 9 Students Killed at School in Nigeria
Militants opened fire on students taking exams at a school in the troubled northeast, killing at least nine of them, witnesses said Tuesday. The attack on Monday at a private school in Maiduguri was the second on a school in recent days. On Sunday, 13 people, including high school students and teachers, were killed during a five-hour shootout when extremists attacked a boarding school in ...
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Polk Winner 33 Dies in Car Crash
Michael Hastings, the journalist whose reporting led to the ouster of the commander of American forces in Afghanistan in 2010, died in a car crash on Tuesday, his employer ...
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Who does the World Cup benefit
>Editor's note: James Montague is the author of When Friday Comes: Football, War and Revolution in the Middle East (deCoubertin Books). He is in Brazil for the Confederations Cup. Follow him @JamesPiotrBelo Horizonte, Brazil (CNN) -- At 11 pm, the tired and the injured gathered in Belo Horizonte for one last expression of discontent. More than a thousand sat in Praca Sete de Setembro, a ...
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Tokyo-bound Boeing 787 Dreamliner diverted to Seattle
SEATTLE (AP) -- An indication of an oil filter problem prompted the crew of a Boeing 787 flying from Denver to Tokyo to divert to Seattle-Tacoma International Airport on Tuesday afternoon, a United ...
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Firms say new Kitsilano bikeway will doom their business
NEW YORK, N.Y. - Thousands of screaming fans brought Times Square to a standstill as they waited to catch a glimpse of Brad Pitt at the premiere of his new thriller, "World War ...
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Worlds 3 biggest shipping operators unite to reduce fuel consumption
COPENHAGEN (AP) - Danish shipping and oil group A.P. Moller-Maersk says the world's three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations. Mr Vincent Clerc of the Copenhagen-based company's shipping unit says MSC Mediterranean Shipping Company S.A. and CMA CGM of France will form the P3 alliance with Maersk ...
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Huawei launches worlds slimmest smartphone Ascend P6
Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple ...
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Without Russia World War II goes on
Most Americans are ignorant of Russia's incredible contribution to the defeat of Nazi Germany and Japan. Americans can barely remember the details of World War II and worse still they do not want to be bothered with more than a cursory review of the details, subtleties and chance that WWII was. What the US populace knows of Russia's efforts in WWII is viewed through the lopsided ...
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Kodak prepares $406 million offering as it eyes bankruptcy exit
on Tuesday said it will seek court approval for a $406 million (259.7 million pounds) rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.Kodak said creditors agreed to backstop an offering that would let the Rochester, New York-based company issue 34 million common shares at $11.94 each, equal to about 85 percent of ...
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Job action by foreign service hurting Canadian tourism industry
Hundreds of foreign service officers walks out of Department of Foreign Affairs headquarters June 06, 2013 in Ottawa. (Dave Chan for The Globe and ...
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CBO Senate Immigration bill would help economy
People shout out against the Strengthen and Fortify Enforcement Act in the hall outside the House Judiciary Committee hearing on Capitol Hill in Washington, Tuesday, June 18, 2013. The committee in the Republican-led House is preparing to cast its first votes on immigration this year, on a tough enforcement-focused measure that Democrats and immigrant groups are protesting loudly. (AP ...
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Worlds Fair Park talks start among Knoxville developers UT and city staff
Cousins William Ross, left, and Ella Ross play on the tire swing at the playground at World's Fair Park on Tuesday, June 18, 2013. The World's Fair Park Working Group met today to discuss potential for the park to be a center for cultural resources. (SAUL YOUNG/NEWS ...
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Two world opera stars to appear in concert on Red Square
MOSCOW, June 19 (Itar-Tass) - Anna Netrebko and Dmitry Khvorostovsky, the Russian operatic stars of global renown are expected to give the first ever joint concert in Moscow Wednesday. Performing arts and show biz analysts expect a capacity crowd of spectators at the concert. Tuesday, the two singers faced a capacity crowd of reporters at a news conference that brought together representatives ...
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Goleta Sues Department of Finance Over Funds for San Jose Creek Project
The City of Goleta filed a lawsuit late yesterday against the California Department of Finance (DOF) regarding the money earmarked to complete the public safety improvements to the San Jose ...
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Australias World Cup history – in pictures
After two unsuccessful campaigns, Australia finally qualified for their first World Cup. Australia were dealt a tough group. Games against East and West Germany (pictured above), ended in defeat. They gained a point against Chile but it wasn't enough to save them from group-stage elimination. Photograph: ...
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World Bank report foresees 1.4-pct growth for Macedonia in 2013
Macedonia's GDP will grow by 1.4 percent in 2013, according to the latest World Bank South East Europe Regular Economic Report published on Tuesday.The group of six South East European countries made a fragile recovery: its combined real GDP is projected to grow 1.7 percent in 2013 after a 0.6-percent decline in 2012, according to the report.However, the recovery in Macedonia is still ...
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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