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Aug 15, 2011

BUSINESS News, Aug 15, 2011


World Bank chief warns of new danger zone for US, Europe
ABC Online
But he says Australia is in a good position to withstand any new global downturn. Mr Zoellick was in Sydney last night addressing the Asia Society, and afterwards he spoke with our business editor Peter Ryan. ROBERT ZOELLICK: I think we are entering a ...
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Bangkok Post : Southeast asia: The world's best kept secret
Bangkok Post
The result is a region that is unambiguously open for business. Assessments of public infrastructure in Southeast Asia were scored by the World Economic Forum's Global Competitiveness Index (GCI) at 4.35 _ a favourable comparison with China's 4.4 and ...
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Setbacks May Push Europe Into a New Downturn
New York Times
“Germany is so leveraged in global trade that if something happens, then Germany slows immediately,” Mr. Chaney said. “That makes the recovery more fragile. It depends on the good health of the rest of the world.” Some German exporters are still ...
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Martin Roll: Weave Your Brand Into Cultural Fabric of a Global World
Jakarta Globe
Furthermore, given the increasingly integrating global business landscape, cultural contagion, or the diffusion of cultural themes, poses significant challenges to brands as they seek to integrate brands with the cultural fabric. ...
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Global tech giants,SAP AG and Deutsche Bank, place their bets on joint CEO model
Economic Times
To be successful in today's globalised world, Snabe feels, one needs to understand different cultures and include it in the business. Vishal Sikka, who is on SAP's executive board, is Indian. McDermott has responsibility for sales and field operations, ...
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Hurdles in the race for the future
China Daily
"The crisis is not as serious as the 2008 global financial crisis, but it's enough to put China on her guard," said Zhang Xiaojing, senior economist at the Institute of Economics affiliated to the Chinese Academy of Social Sciences (CASS). Recent ...
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China Daily
Emerging markets surge
Business Standard
The first of the three-part series discusses emerging market opportunities and their implication for business. Ask business leaders today for their assessment of globaleconomic prospects, and the pervading sense one gets is some degree of optimism ...
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Business Standard
As debt crisis looms at state level, Illinois identified as a 'sinkhole'
Chicago Sun-Times
Global markets have continued to rise and fall throughout the week as conflicting news emerges about the health of the global economy. Stocks were up nearly 126 points at the end of the trading day trading on the NYSE. (Photo by Spencer Platt/Getty ...
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USC again more global than ever
Daily Trojan Online
Anthony Bailey, associate provost for global initiatives, attributes this to USC's generally high place in the rankings, like those done by US News & World Report, the availability of professional programs, and USC's location in the heart of Los ...
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World hunger good news for some as demand grows for phosphate
The Australian
This column has been going on for some years about the looming global food crisis. Figures for June from the United Nations Food and Agricultural Organisation show world food prices are still very strong, although the index is a little down from the ...
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Facebook Pal Buddy Media Raises $54 Million
All Things Digital
While at Yahoo!, Morgan led corporate finance efforts for more than $5 billion in acquisitions andbusiness development deals . · WPP, the world's largest communications services group, announced a $5 million investment and global partnership with ...
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Commodities markets summary
Sydney Morning Herald
Oil prices eased on Friday but ended an extremely volatile week well above the lows hit on Tuesday when markets plunged into turmoil on worries over global growth and eurozone financial stability. Prices pulled back in the last hour as jittery traders, ...
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Cash-rich mining companies hunt for bargains
CTV.ca
That could lead to more hostile bids for miners reluctant to sell at current depressed prices. Friendly deals will also likely be struck by companies in greater need of cash to advance projects amid the growing global economic uncertainty. ...
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Gulf investors seek safe haven in UK property sector despite volatility
gulfnews.com
Global economic events have exerted an undeniable pressure on the world's financial markets in recent months and investor confidence levels have been impacted worldwide. Yet despite this wider market volatility, much is being done to preserve the UK's ...
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gulfnews.com
Global financial system needs a major shake-up
Arab News
By MOHAMED H. ZAKARIA The sinking US dollar and the euro crisis are threatening the worldfinancial system. The US Federal Reserve's recent decision to keep dollar interest rates near to zero at least for two more years was an unprecedented step, ...
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Australia's Economy Can 'Ride Out' Global Markets Turbulence, Swan Says
Bloomberg
While Australia isn't immune to what happens in the rest of the world, “the prospects for our region remain much stronger” than for Europe and the US, he said. The global economic outlook will remain uncertain for some time as the US and Europe seek to ...
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Obama administration encounters opposition to international climate agenda
Washington Post
( Ulet Ifansasti / GETTY IMAGES ) - The business of pulp, palm oil and wood are causing the deforestation of Sumatra, the largest island owned by Indonesia, and is contributing global climate change to the extinction of many rare species. ...
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Sri Lanka banks on Amãna for economic prosperity
Arab News
Islamic banking is in fact a concept gaining fast popularity and acceptance across theworld. Guided by strong values and ethics the banking model has shown great resilience during the recent global economic downturn and as a result is now emerging as ...
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Arab News
Osborne urges global economic strategy
Financial Times
Gerwyn Davies, CIPD public policy adviser, said “the recent story of an employment revival may become one of an employment relapse”. The Monthly Business Trends Indices published by BDO, an accounting firm, was also gloomy. ...
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RIM Announces BlackBerry Management Center for Small Business
MarketWatch (press release)
Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry(R) solution in 1999. Today, BlackBerry products and services are used by millions of customers around the world ...
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ECONOMY: Small business lending demand may be shrinking
North County Times
Small-business lending started off the first half of 2011 in the two-county San Diego and Riverside region on a flattish note, but with a financial crisis erupting across the world in recent weeks, local bankers are quivering as they begin to see ...
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Data thieves target hotels and resorts
Los Angeles Times
That could spell trouble for business travelers who submit credit card numbers and other personal information to hotel websites, said Laurie Fraser, global markets leisure practice leader for Willis. Fraser said large hotel chains are most vulnerable ...
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Los Angeles Times
Kentucky Fried Chicken Opens in Nairobi on Friday
Middle East North Africa Financial Network
Aug 14, 2011 (Business Daily/All Africa Global Media via COMTEX) -- Global food chain Kentucky Fried Chicken, one of the world's most popular chicken restaurants, is set to open shop Friday in Nairobi. Popularly known as KFC, the restaurant chain plans ...
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Airport business poised to take off
Vancouver Sun
And business has been booming. During the Second World War, the airport on the Saanich Peninsula was filled with planes and personnel, activity which dropped off when hostilities ended. An April 1956 issue of the Daily Colonist showed a Patricia Bay ...
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New Zealand shows starting a business can be pain free
The National
Whereas entrepreneurs in the UAE and Germany require more than two weeks to start a new business, and those in the US, Canada and Hong Kong need five days, Kiwis need just one, according to a report released this year by the World Economic Forum and ...
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The National
World Bank and Asian Development Bank to support Internet in Tonga
Voxy
"Access to high-speed internet links will vastly improve opportunities for the people of Tonga to connect to the world, provide information needed by business to expand jobs, and allow people to more easily and inexpensively keep in contact with ...
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Full text of President Lee Myung-bak's address
The Korea Herald
The symptoms associated with crises are spreading. It is hard to see even an inch ahead in thecurrent economic fog. The global fiscal crisis is throwing the world into turbulence. Food and energy crises are devastating millions around the world. ...
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THE DISTILLERY: Market angst
Business Spectator
Every manufacturing job lost inevitably raises the political tension, but the reality is there is not much government can do to change the world. After a week in which volatile global sharemarkets have highlighted the risks of political inaction ...
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Call for stronger data protection laws
The National
World view bleak but picture looks brighter in the Middle East Declines in markets are raising the likelihood of another global slowdown. If the world does lurch back into recession, economists say the MIddle East is in a better position to weather the ...
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The National
China's giant business to get clean
People's Daily Online
Clean technology may sound impractical to a lot of people, but it's one of the world's hottest investment markets at the moment. A recent Pew Research Center report showed that total investment in clean tech around the world hit $243 billion in 2010, ...
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NC(2)Names Bill Fulton Managing Director for Australia
MarketWatch (press release)
"Bill's experience in building our global distribution network at NC(2), and his deep knowledge of the on-highway engine business from Caterpillar, gives him extensive experience in addressing the needs of Australian on-highway truck customers. ...
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Bonds 'Swamped by Fear' in Most Volatile Week on Record: Australia Credit
Bloomberg
“We remain cautious on markets and recommend minimal risk in the current environment.” Nouriel Roubini, co-founder and chairman of New York-based Roubini Global Economics LLC, said last week the US was heading into a double-dip recession and the ECB ...
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McAfee WaveSecure iOS Edition Now Available for Apple iPhones
MarketWatch (press release)
McAfee delivers proactive and proven solutions and services that help secure systems, networks, and mobile devices around the world, allowing users to safely connect to the Internet, browse and shop the Web more securely. Backed by its unrivaled Global ...
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E-commerce shake up at Walmart, executives leave
Business Standard
Walmart Stores Inc, the world's largest retailer, is transferring management of its e-commercebusiness to heads of stores in developed countries and said two online executives are leaving the company. E-commerce leaders in markets such as the US, ...
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Ray C. Anderson, carpet-tile mogul who became champion of sustainability, dies ...
Kansas City Star
By ELAINE WOO In the summer of 1994, carpet-tile mogul Ray C. Anderson made a sobering discovery: Although his billion-dollar business was the biggest of its kind in the world, everything about it was wrong. That realization came after reading "The ...
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Would U.S. riots develop to be the worst in the world ?
eTurboNews
We will no longer be able to maintain the global empire of force without a functioning currency. All of our troops will be forced to come home and we will no longer be able to import 25% of the world's oil. This sudden shift will turn arrogant ...
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eTurboNews
Tom Walsh: Action-based business education
Detroit Free Press
Position: Dean of the Stephen M. Ross School of Business at the University of Michigan Alison Davis-Blake has heard all the disparaging cliches about misguided MBAs being responsible for every catastrophe from the 2008 global financial crisis to the ...
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Mexico: backwater or slough for foreign investors?
«Market Leader» - news and previews making you rich.
The latest global economic crisis seriously affected Mexico's economy, much more seriously than any other Latin American economy: in 2009 Mexico's GDP declined by 7.3% while the country's external trade volume lost 25%, simultaneously increasing the ...
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Woolgrowers urged to forward sell
Stock and Land
Despite the profitable prices helping to build sheep numbers, woolgrowers should not think that the low world wool supply would mean high prices forever. At the recent Sheepvention in Hamilton, New Zealand, CBA global markets specialist, Cam Christie, ...
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Recession may tip US oil use into permanent decline
IBNLive.com
It also cut its forecasts for growth in global oil demand, as did the Organization of the Petroleum Exporting Countries and the International Energy Agency. "We see US oil demand falling this year and, later, settling into steady declines after 2015," ...
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BBC News: Global markets in 'danger zone'
By BBC News
Markets are in a new danger zone as investors have lost confidence in the economic leadership of several countries, the World Bank president says. ... BBC NewsGlobal markets in 'danger zone' ...
the Benche | Your Financial Community
Misplaced priorities | Pakistan Today | Latest news, Breaking news ...
By Ali Rizvi
While economic managers of the country insist that the global economic meltdown caused economic turmoil in Pakistan, it needs to be understood that the economic turbulence rather than being an international phenomenon was more a localised one. ... According to recent survey by the WorldBank, approximately 40 per cent of 107 developing countries are highly exposed to poverty. Pakistan now has the distinction of being ranked among the 43 countries most exposed to poverty. ...
Pakistan Today | Latest news,...
Global stocks trim losses before ECB update - One News Page Business
Business on One News Page on Thursday, 4 August 2011. ... World stock markets trimmed recentsharp losses Thursday before a key European Central Bank policy ...
www.onenewspage.com/.../Global-stocks-trim-losses-before-E...
Indian markets close lower on global turmoil, rate ... - World Snap
Home > Business > Indian markets close lower on global turmoil, rate hike fears ... Get Latest News on : Indian Market. IANS. August 12, 2011 19:07:08 IST ...
news.worldsnap.com/.../indian-markets-close-lower-on-global-...
Financial world watching the global market - Business News - News ...
BUSINESSES across Britain are watching the financial markets this morning after a huge collapse in share prices.
www.nebusiness.co.uk/...//tm_headline=financial-world-watchi...
Are we heading for a second global financial crisis? | Richard Murphy
You are here: TJNP»Business»Business News»Are we heading for a second global ... LatestArticles: How youth-led revolts shook elites around the world ...
www.thejewishnewsplace.com/.../38249-are-we-heading-for-a...
Robert Zoellick: Global markets face a new 'danger zone ... - Business
World Bank chief Robert Zoellick has said that investors have lost confidence in the economic ... We rank the latest and greatest news about business ...
business.rawsignal.com/news/Story.aspx?mode=0...d...
Worry about weak global economy sends stocks plunging around world ...
Concerns that the global economy is weakening prompted a global rout Thursday as international stocks joined ... Find out about great deals and the latest offers from our advertisers. ...BLOOMBERG NEWS. Published:August 5, 2011, 12:00 AM. 0 Comments ... Strictly Business blog. Updated: August 5, 2011, 6:56 AM ...
www.buffalonews.com/business/article512805.ece
Obama, CEOs talk markets, global economy woes (Reuters) | Stock ...
WASHINGTON (Reuters) – Global financial upheaval was on the agenda on Friday when ... Written on August 12, 2011 by Editor - Business News ... Obama held his latest in a series of talks with BigBusiness against the backdrop of ... turmoil and economic troubles around the world would be among the issues discussed, ...
www.rocketnews.com/.../obama-ceos-talk-markets-global-eco...
BBC World News: Global markets in 'danger zone'
BBC News Business ... Bharat Book Bureau Latest News · Subscribe Business and Finance ....BBC World News: Global markets in 'danger zone' ...
hdlns.com/g1zf68zn79147980za79161996/

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