Latest International Business News
RSS-
Teen Dies of Cancer After Touching Millions With Song
Zach Sobiech, an 18-year-old whose battle with cancer became a global story, has died. The Minnesota native became famous when his song "Clouds,rdquo; which is about facing death, became a viral sensation on YouTube, topping 3 million views. The song was originally released in December of last year. The video was so popular that a group of celebrities were inspired to create a ...
-
Parliament to probe transparency of oil mining firms
By Clara Ferreira-MarquesLONDON (Reuters) - Parliament is to probe UK-based mining and oil firms, delving into areas such as transparency and disclosure after troubles at two mining companies burnt some investors' fingers.Parliament's Committee for Business, Innovation and Skills will meet next month to set the terms of reference for the inquiry and could hear evidence before the ...
-
Philip Morris to buy out Carlos Slims stake in Mexican JV
from their Mexican joint venture for about $700 million (462 million pounds).Grupo Carso will sell its 20 percent stake in Philip Morris Mexico in a deal that the U.S. company said would add marginally to its earnings per share in the fourth quarter.Philip Morris said the agreement was subject to final price adjustments based on the Mexican unit's performance over a period of time."We ...
More International Business News
RSS-
Book Review Deep State Inside the Government Secrecy Industry
"There is a hidden country within the United States. It was formed from the astonishing number of secrets held by the government and the growing ranks of secret-keepers given charge over them." So begins a synopsis ...
-
Toronto Mayor Ford stays mum on drug-tape allegations at casino meeting
Toronto Mayor Rob Ford has no plans of addressing allegations that he was videotaped smoking crack cocaine Tuesday, the mayor's spokesperson said.The mayor attended a city council meeting Tuesday morning to formally kill the proposal for a downtown casino, which ends for good what was once a pet project for Mr. ...
-
Pipeline delays ‘staggering’ blow for Canadian economy McKenna
Former New Brunswick Premier Frank McKenna is seen in this file photo. McKenna said Tuesday that Canada's entire economy is being damaged by delays in getting pipelines built. (JIM ...
-
Storms damage part of Mount Olive business district
o Winds that ripped through Mount Olive's Main Street on Monday night destroyed four commercial buildings in the downtown business district and damaged at least 10 other properties, authorities say.No injuries were reported. The storm hit at about 10:35 p.m. Monday.James W. Pitchford, coordinator for the Macoupin County Emergency Management Agency, said the National Weather Service will be ...
-
Microsoft expected to reveal next-generation Xbox at headquarters presentation
In this June 18, 2012 photo, Microsoft CEO Steve Ballmer comments on Microsoft Xbox before unveiling its new Surface, a tablet computer to compete with Apple's ...
-
TJX Companies Q1 Profit Matches View But Outlook Disappoints
Quote ) on Tuesday reported an 8 percent increase in profit for the first quarter, reflecting higher revenues and improved merchandise margins. Revenues beat analysts' expectations, while earnings per share matched their estimates.Looking ahead, the company provided earnings guidance for the second quarter and raised the lower end of its fiscal 2014 earnings range, but both below Street ...
-
Shell CEO No Adverse Findings by EU Probe
THE HAGUE, The Netherlands - The European Union probe into potential energy-price manipulation has made no adverse findings against Royal Dutch Shell PLC, the company's chief executive Peter Voser said Tuesday. European antitrust regulators raided the offices of Shell last week, as well as those of BP PLC, Statoil ASA and price-index firm Platts, a division of McGraw Hill Financial Inc. ...
-
More tornadoes from global warming Nobody knows
A deadly tornado hit suburban Oklahoma City on Monday. A quick look at some basic facts:Q. Is global warming to blame?A. You can't blame a single weather event on global warming. In any case, scientists just don't know whether there will be more or fewer twisters as global warming increases. Tornadoes arise from very local conditions, and so they're not as influenced by climate ...
-
Council will take more time to study taxicab industry
The Common Council decided Tuesday to take more time on how best to change the way city taxicabs operate in the city. A resolution adopted on a 12-0 vote, with three aldermen excused, creates a study subcommittee of the city's Public Transportation Review Board to investigate and report on the regulation and licensing of taxicab operators, vehicles and service throughout the city. The ...
-
Suspicious package at Union Station turns out to be empty cooler
TAMMY LJUNGBLAD The Kansas City Police Department bomb squad was at Union Station on Tuesday morning to respond to a suspicious package. A robot was used to examine the ...
-
Rexnord earnings jump sales remain flat
Rexnord Corp. reported a nearly three-fold increase in fiscal fourth-quarter net income, even as sales remained flat, the company said Tuesday. The West Milwaukee-based manufacturer of process and motion-control equipment and water management products said net income rose to $23.9 million, or 24 cents a share, from $8.6 million, or 12 cents, a year earlier. Year-ago results included a loss from ...
-
SEO Traffic Lab Celebrate Wins at Digital Marketing Event Internet World 2013 in London
SEO Traffic Lab were delighted to announce the success of their first appearance at the UK's leading digital event, Internet World. A core team of four consultants travelled down to the capital to exhibit for three days at Earls Court 2, the location for Europe's leading digital marketing event. Throughout the time at the show, the consultants from the agency, spoke with hundreds ...
-
Melisron to open Prima business hotel in Raanana
Prima Hotels Ltd. will open the first business hotel in Ra'anana. Melisron bought the rights to the hotel when it bought a property in the city's northern business district from the owners of the Holmes Place fitness chain several years ago. The building has eight office floors above a commercial ground floor and parking garage, and has building rights for ten more floors, zoned for ...
-
West Africans attend workshop on Mining
Accra, May 20, GNA - A two-day capacity building workshop on the continental Africa Mining Vision (AMV) and the related ECOWAS Minerals Development Policy (EMDP) opened in Accra on ...
-
Yahoo Could Run Away From Microsoft Into Googles Waiting Arms
For Yahoo! this is a big deal as search ads makes up approximately 14% of the company's value and, though its search ad revenue has increased, its revenue per search metrics are below industry ...
-
Why Microsoft Needs To Focus On Video Games At Its Xbox Announcement Today
Microsoft will announce its next Xbox video game console today which will likely be called the Xbox Infinity if recent leaks are to be believed. The company is already trading at a five-year high and analysts are predicting a jump in share price after the unveil. My hope is that Microsoft bucks expectations and focuses its announcement primarily on video games rather than non-gaming ...
-
Coca-Colas Frank Statement a Slick Move to Stave Off Regulation
new PR blitz complete with full-page ads, press events and appearances on TV news programs, all aimed at showing the world that Coke folks are good corporate citizens that care--really care--about the global epidemic of diabetes, obesity and related chronic health problems. Yes, the company seems to be saying, we understand there's a problem and we're willing and eager to do our part. ...
-
Russia to Scrap World’s Biggest Nuclear Subs
MOSCOW, May 21 (RIA Novosti) - Russia will decommission and scrap two of the largest submarines in the world by 2018, a defense industry source told RIA Novosti on Tuesday. The Severstal and the Arkhangelsk, both Project 841 (Typhoon-class) ballistic-missile submarines, based at Severodvinsk on the White Sea, will be withdrawn from the Navy by the end of this year and will begin to be ...
-
Apple shifted profits to ‘ghost companies’ in Ireland US Congressional panel says
Apple "quietly negotiated" an income tax rate of less than 2 per cent with the Irish Government and shifted the lion's share of the company's worldwide profits to "ghost companies" in Ireland to avoid paying taxes in the United States, a US Congressional panel has ...
-
Jobs young population and entrepreneurial spirit drive Grande Prairie economy
The northwestern municipality of Grande Prairie is a city about to hit overdrive, with several large projects in the works, including a new hospital, museum and transportation hub. The annual value of construction also grew in 2012 by about $50 million to $250 million, says Mayor Bill Given. Permits issued by the city rose to 8,291 in 2012 from 6,000 in ...
-
Dick’s earnings rise 13 percent but sales disappoint
The Findlay retailer's sales rose 4 percent to $1.3 billion from $1.28 billion. The company was "not pleased" with the sales results, said CEO Edward Stack in a ...
-
Galaxy Tab 3 Rumors 10-Inch Version to Feature Intel Processor
This would mean that the company would replace the ARM chips it has used in the past for the Galaxy Tab line.The Intel processor was discovered in new benchmark data from GFXBench. The board on the tablet is displayed as "clovertail," which is a codename for an Intel Atom Z2560 processor originally aimed at the smartphone market.Samsung normally uses ARM processors, Qualcomm Snapdragon ...
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
