Latest International Business News
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On World Day UN encourages joining do one thing for diversity and inclusion campaign
21 May 2013 150 Visit a museum, watch a foreign film or share your traditions with someone else, the United Nations is today encouraging people to 8216;do one thing' to mark the World Day for Cultural Diversity for Dialogue and Development. "Culture, in all its diversity, can foster a sense of identity and cohesion for societies at a time of uncertainty. It is also a powerful source of ...
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Microsoft Unveils New Xbox One Game Console
REDMOND, WASHINGTON Microsoft Corp gave the world the first look at its new game console on Tuesday, hoping the Xbox One will attract existing video game fans while also becoming a hub for living room entertainment. The third-generation Microsoft console, coming eight years after the Xbox 360, was unveiled by games unit chief Don Mattrick at an event at the software company's campus ...
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Russia to scrap worlds biggest n-subs
Russia will decommission and scrap two of the world's largest submarines by 2018, a defence industry source has said. The Severstal and the Arkhangelsk, both Project 841 (Typhoon-class) ballistic-missile submarines, are based at Severodvinsk on the White Sea. They will be withdrawn from the Navy by this year-end and will begin to be dismantled. "This process is to be completed before 2018-2020 ...
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UAE Singapore discuss global development
The United Arab Emirates (UAE) and Singapore have held talks over international development. The talks were held between UAE's minister for international cooperation and development, Sheikha Lubna bint Khalid al-Qasimi and visiting Singaporean minister for foreign affairs K. Shanmugam and his delegation. Both sides discussed ways to support efforts in international development, stimulating the ...
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Video Ford ignores questions tells media to camp out for response
As a CTV reporter confronted him over allegations that he was caught on video using drugs, Toronto Mayor Rob Ford brushed off the questions and joked about reporters camping outside his ...
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Canadian university team wins global business prize
Cyclica at the entrepreneurship competition, which featured teams from 17 universities. "We are very excited to have been chosen as the winners of the MBA World Trophy by such a distinguished judging panel from the global VC (venture capital) and entrepreneurship community," Mr. Mitakidis, founder and CEO of ...
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Video Rob Fords brother speaks out on untrue crack allegations
The brother of Rob Ford says he believes the Toronto mayor when he says allegations he smoked crack cocaine are ridiculous. City Councillor Doug Ford says he stands by his brother's record as ...
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Mayor Rob Ford removed as coach of high school football team
Mayor Rob Ford coaches the Don Bosco Eagles football team during the Metro Bowl at the Rogers Centre in Toronto, Nov. 27, 2012. (Kevin Van Paassen/The Globe and ...
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Nigeria statistics chief has almost figured out the economy
A woman and two children stand along the Jos-Maiduguri road in the city of Maiduguri, northeastern Nigeria, May 19, 2013. Nigeria has more than 160 million people, 200 languages, 36 states and 774 local government areas. (AFOLABI ...
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World FBI Man shot dead during Boston bombings questioning
A friend of the dead man identified him to local media as 27-year-old Ibragim Todashev, who had previously lived in Boston and knew Tsarnaev, the older of the two brothers suspected of planting two bombs at the marathon on April 15. Three people were killed and 264 injured in the ...
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Opinion Global Goal on gender equality womens rights empowerment
women and girls when they signed onto the visionary Millennium Declaration in 2000. Amongst the eight Millennium Development Goals, they included a goal to ...
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Global local issues for Iran in upcoming election
Main domestic and international issues facing Iran ahead of its June 14 presidential election: --- NUCLEAR QUESTION: Four rounds of revived talks between Iran and world powers since last year have produced no important headway in the Tehran's impasse with the West. The U.S. and allies worry Iran's uranium enrichment could lead to atomic weapons, which could shift the balance of power ...
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Toronto mayors brother delivers defense of Ford
Toronto Mayor Rob Ford enters a council meeting about casino proposals at Toronto City Hall on Tuesday, May 21, 2013. Deputy Mayor Doug Holyday, a close ally of Ford, said Wednesday, May 22, 2013 that Ford has followed legal advice in remaining silent about a purported video that appears to show him smoking crack cocaine. Holyday is urging Ford to address the video. (AP Photo/The Canadian Press, ...
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Wal-Mart hires Hill Knowlton executive
Wal-Mart Stores Inc. is naming Dan Bartlett, who had been president and CEO of the U.S. arm of global public relations firm Hill & Knowlton, as its new executive vice president of corporate ...
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DealBook Despite Risks Brazil Courts the Millisecond Investor
The stock exchange in So Paulo, Brazil, is the largest in South America. SO PAULO, Brazil — At a time when the mere phrase "high-frequency trading" makes some investors queasy, Brazil's stock exchange is putting out the digital welcome mat. In recent years, the BM&F Bovespa stock exchange in So Paulo has taken steps to make its market more friendly to high-speed ...
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Bernanke Hints That The Economy Still Needs Help
Federal Reserve Chairman Ben Bernanke during his Capitol Hill testimony Wednesday before the Joint Economic Committee. In the nearly impenetrable language that comes with his job, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that even though the economy is doing better, the central bank needs to keep giving it a boost. ...
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Chilean Development Still Tied to Copper Mining
SANTIAGO, May 22 2013 (IPS) - Chile’s position as the world’s top producer of copper is not under threat, but the country faces the challenge of transforming its copper mining industry into social capital for the long term, and addressing high energy costs, which have grown seven-fold over the last decade, experts told ...
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The Top 5 Business Decisions Of All Time
, Verne Harnish explores those "black swan" decisions that brought great success at companies like Zappos, Intel, Tata, Toyota and many others. Below is Harnish's personal list of the greatest business decisions of all ...
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How Nathan Myhrvolds Modernist Cuisine Became the Worlds Most Influential -- and Profitable -- Cookbook
T he most unromantic dinner for two in the history of epic eating recently went down outside Seattle. The participants: me and Nathan Myhrvold, the legendary technologist who, armed with the tens of millions he earned helping Bill Gates popularize software at Microsoft, has reinvented himself as the world's most renowned food scientist. The setting: his sprawling laboratory, where he ...
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US IT restriction act fails to charm industry
BEIJING - A recent US cyber-espionage rule barring imports of Chinese-made information technology (IT) products may provoke further opposition from industry if it is still supported by the US funding bill next year, analysts said. "For most US IT companies, they don't want to see this. The act is very risky because countermeasures might result if the US government insists on ...
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Chinas nature reserves exceed global average
/enpproperty--> The size of nature reserves in China reached almost 15 percent of the country's total land area by the end of 2012, exceeding the global average of 12 percent. Li Ganjie, vice-minister of environmental protection, announced the figure at a celebration of the 2013 International Day for Biological Diversity on ...
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Citrix links cloud-based storage to Microsoft SharePoint and Azure
IDG News Service - Citrix Systems is making its cloud-based storage service ShareFile more Microsoft-friendly with SharePoint integration and the ability to store data on Azure. Services for storing and sharing content in the cloud started in the consumer sector, but more enterprises are now adopting rather than blocking them. Citrix saw this trend coming and acquired ShareFile back in October ...
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Cloud makes a world of difference
/enpproperty--> Want to visit a fortune teller? There is a digital one at the ongoing 16th China Beijing International High-Tech Expo. "By inputting the name of your micro blog, the cloud terminal can read your micro blog and immediately figure out your personality, hobbies, habits, personal relationships and popularity," said Lei Tao, CEO of Skycloud. This is the third time ...
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Ex-Ford execs charged in Argentinian torture cases
BUENOS AIRES, Argentina--Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup. All three men are now in their ...
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Companies kick in relief
affected neighborhoods when people can finally return to sift through whatever is left of their homes. Throughout Oklahoma City, dozens of businesses have stepped up, offering goods and services to help with the relief effort, according to the local Chamber of ...










