Latest International Business News
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Justine Sija has boosted her business as a fish vendor through access to microcredit
Atsimo-Andrefana Region . The work is hard, but in the last year, access to microcredit has boosted both her business and her hope for the future. "Before, I used to make 10,000 to 20,000 ariary (US$4.50 to $9) a day. Now, with the credit, I can make double that amount," she ...
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World Saudi woman reaches Everest summit
Saudi Arabia - a conservative Muslim country where women's rights are very restricted - she had to break a lot of barriers to achieve her goal, her climb team said. A biography on the expedition website said convincing Ms Moharrak's family to agree to her climb "was as great a challenge as the mountain itself", though they fully support her now. "I really don't care ...
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Corporate debt abuse claims prompt Israeli review
JERUSALEM | Sun May 19, 2013 10:50am EDT JERUSALEM May 19 (Reuters) - The government plans to tighten up rules around corporate debt restructuring following accusations of growing abuse of the system by Israel companies. The Bank of Israel and the Israeli finance ministry said they were worried about the impact on pension funds invested in corporate bonds as well as a lack of clarity ...
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Book seller Sarah McNally Hipster writes her own business rule book
When 28-year-old Sarah McNally opened her bookstore in Manhattan, The New York Times called her the 'Defiant Newcomer,' but her unique approach to the business is paying off. (Yvonne ...
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Al Mansouri receives Algerian Industry Minister
WAM ABU DHABI, 19th May, 2013 (WAM) -- Sultan bin Saeed Al Mansouri, Minister of Economy, received today the visiting Algerian Minister of Industry, SMEs and Investment Promotion, Cherif Rahmani, and discussed with him ways of enhancing bilateral cooperation in areas of industry, investment and SMEs. The two ministers also explored the possibility of forging joint partnerships and investment ...
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MIDEAST STOCKS-Regional mkts rally as global gains trigger renewed buying
By Nadia Saleem DUBAI | Sun May 19, 2013 10:20am EDT DUBAI May 19 (Reuters) - Regional shares rallied on Sunday with markets in Kuwait and Doha breaking key psychological levels as gains in U.S. equities and oil prices spurred renewed buying to top off an underlying bullish sentiment. In Saudi Arabia, the index climbed 1 percent, extending gains to hit a one-year high. Bluechips led the ...
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Obama urged to make economy a bigger bolder topic
FILED In this Aug. 11, 2009, file photo Senior White House Adviser David Axelrod, right, White House Press Secretary Robert Gibbs, left, leave the White House in Washington with President Barack Obama, not shown, en route to New Hampshire for a town hall meeting. Obama allies and former top aides are worried he has lost his voice on his central theme of economic opportunity, silenced by a ...
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Tax avoidance how to change corporate behaviour
It is up to consumers and voters to change the lousy behaviour of big banks, energy giants and internet multinationals. They will not change by ...
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Your guide to looking sharp in business
Staying authentic is key to looking cool this summer, and a good way to convey this attitude is by embracing this vintage inspired trend. A fresh take on Nautical stripes can be found in both high street and designer stores, making it easy to incorporate in any man's ...
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Boeing delivers first-of-its-kind plane to Saudia airlines
The airline currently has a backlog of 21 Boeing airplanes on order Boeing has delivered a 777-300ER extended range plane to Saudi Arabian Airlines (Saudia), marking the latest milestone in its longstanding relationship with the airline and the kingdom.The airplane, the first-of-its-type to be fitted with a three-class cabin configuration, was delivered to the airline at a ceremony in ...
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Appalachian coal mining faces grim future
The high production and labor costs of accessing deep coal reserves, federal regulation, and competition from natural gas and western coal mining has crippled the Appalachian coal ...
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REFILE-PRESS DIGEST - Sunday British business - May 19
Sun May 19, 2013 9:24am EDT LONDON May 19 (Reuters) - British newspapers reported the following business stories on Sunday: The Sunday Telegraph CARR IN POLE POSITION TO BECOME CHAIRMAN OF BAE ...
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Tesco clothing brand plans international expansion
said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise store in Saudi Arabia last year, said it would open shops across the Middle East and in Kazakhstan, Georgia, Armenia and Azerbaijan.Up to six stores will be opened this year, with the first in the Kazakh capital Astana next month.F&F gave no details ...
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One Year After The IPO Is Facebook Already A New Economy Dog
's initial public offering, a retrospective might be in order. A year ago I was so skeptical of all the ballyhoo that I offered readers two rather more conventional stocks which I suggested had better stock appreciation prospects. I am pleased to ...
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GCC is 13th largest world economy - Bahraini Minister
GCC currencies Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus, according to a Bahraini minister.Hassan Fakhru, minister of trade and industry, estimated the combined GDP of the six-nation Gulf Cooperation Council /GCC/ at around US$4?1 trillion in ...
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Economic Preview U.S. economy walks uneven path
WASHINGTON (MarketWatch) -- The bubbling U.S. stock market might get more pop this week from positive sales trends in housing, but danger signs lurk in other parts of the ...
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Business NSSF replaces fingerprints registration with new technology
NSSF ) has officially withdrawn the use of its age-old fingerprints based registration system following the integration of cutting edge information technology based ...
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Pope Francis Decries World Where Death of Homeless Not Newsworthy
Pope Francis said Saturday it is heartbreaking that the world today is more concerned about the health of banks than homeless children dying of starvation and cold, and called on the Catholic Church to seek out those who need help the ...
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Amir of Qatar meets Indian Finance Minister
Doha, May 19 (BNA) - The Amir of Qatar Shaikh Hamad bin Khalifa Al Thani met here today with Indian Finance Minister P. Chidambaram on the occasion of his visit to Qatar. Talks during the meeting dealt with relations between the two countries and matters of mutual concern, particularly financial and investment issues. EM E M BNA 1120 GMT ...
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KSA tries to diversify economy nonoil exports hike 5 folds
Saudi Arabia aspires to increase mutual trade with other countries Minister of Commerce and Industry Tawfiq Al-Rabiah expected a growth in Saudi exports during the coming period.He stressed the fact that Saudi Arabia's nonoil exports to the Arab countries had increased five-fold compared to the past seven years."We seek to sign several trade agreements with Arab countries, taking into ...
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Join Oman Air See the world Get training worth over $5 million
Ever wondered why Oman Air cabin crew were so nice? Oman Air has committed RO2mn to staff training in 2013, having already invested more than RO3.3mn over the previous two years.In addition, Oman Air's Board of Directors has approved plans to fund full scholarships for 100 employees, enabling them to improve their academic qualifications in a range of administrative and technical ...
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Time to dig deep NUM warns mining houses
NUM said it was seeking an entry-level minimum monthly wage of R7 000 for surface workers and R8 000 for those underground in a submission to the country's Chamber of Mines, a copy of which was seen by Reuters. Elize Strydom, the industrial relations adviser at the Chamber of Mines, said the minimum wage for surface workers is currently R4 700 and for underground miners it is R5 000, so ...
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Microsoft to announce new Xbox
DURANGO, Infinity, 720, whatever the name, it seems clear Microsoft will launch the next generation Xbox console on May 21. It's been nearly eight years since the Xbox 360 was launched and while it's had its ups and downs, there can be no doubt it's one of the most successful game consoles of all time. Microsoft has remained tight lipped on the mere existence of a new console and, ...
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Global Soccer At Last Joy for Club Familiar With Heartbreak
LONDON ...
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Sheikha Fatima bint Mubarak Ladies World Championship wraps up
WAM LONDON: The fifth round of the 2013 H.H Sheikha Fatima bint Mubarak Ladies World Championship (IFAHR) on Friday was concluded at Newbury Racecourse, London, UK. The 1600-meter race was organised as part of the H.H Sheikh Mansour Bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival. Winner of the race, Irish jockey Marta Pisarek, on Altesse Kossack, finished the race in ...
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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