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Aug 21, 2011

BUSINESS News, Aug 21, 2011


Waiting for the tourists to return in South Africa
Los Angeles Times
Lebo Malepa, owner of Lebo's Soweto Backpackers, has seen a plunge in business this year, and wonders whether another global recession is about to check in. By Robyn Dixon, Los Angeles Times When Lebo Malepa decided to rent out his bedroom and another ...
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Prepare for the Global Long Wave Extinction Event
Gold Seek
The optimism is based on the forecast that the final crisis years in the latest global long wave depression will usher in radical global change, for the better. What the world is now entering is an event several times larger in scale than the 2008-2009 ...
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What happens when a country defaults
Business Line
However, while global lenders or investors can easily turn their nose up at a small nation, the real problem arises when the crisis involves a nation as large and important as the US. Dollar notes are the currency of choice across the world for ...
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Business Line
PepsiCo's challenge fizzles vs. Coca-Cola
Atlanta Journal Constitution
The weakness in PepsiCo's US soft drinks business has drawn attention away from the growth of PepsiCo's huge snacks business and global beverage portfolio. “There is little doubt right now that Pepsi's weak performance in North American beverages is ...
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Biden says China, US share global responsibilities
BlueRidgeNow.com
He said Chinese and US prosperity was key to reviving the global economy. "We're the two biggest engines in the world to be able to do that," he said. Biden was to spend the rest of the day Sunday visiting sites with his Chinese counterpart, ...
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HP wants to exit PC business as tablets have made desktops archaic
Economic Times
Although the world is dependent on personal computers, making them has not been a greatbusiness for most American companies for almost a decade.Hewlett-Packard's announcement that it was considering offloading its PC business, even though it is the ...
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Speed matters in service: DHL
Khaleej Times
This has impacted on the global logistics industry, with the growth of new business hubs, and the opening of new routes, all working to speed up the shipping process and cut delivery times,” Suliman said. “With customers increasingly interested in ...
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Great Contests With Awesome Prizes for Small Business Owners
Business Insider
Hyatt Place has launched the Road Warrior 2.0 Challenge, asking real-world business travelers to help redefine today's Road Warrior for a chance to win a head-to-toe business traveler makeover. To enter the contest, visit www.facebook.com/hyattplace ...
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So what do we do now, chancellor?
The Guardian
... is the fact that political leadership hasn't got to grips with the global situation – andbusiness leaders are thinking the same as the markets," says Williamson. "There's no one really who's steering the major economies of the world at the moment. ...
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The Guardian
UN boosts drive for global crackdown on rhino horn trade
The Independent
John Scanlon, Cites secretary-general, said: "We are trying to find new ways of putting poachers out of business because the traditional enforcement is not effective. It's the same as the drugs trade and other types of organised crime: when you arrest ...
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US, Europe financial crisis a blow for African PE fund managers
East African
Other sectors that could be immune are agriculture and food retail, especially since food security has become a global concern with a number of investors and hedge funds securing land especially in Africa due to a growing world population,” says Mr ...
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SL team wins best video but Philippines wins CIMA Global Business Challenge 2011
Sunday Times.lk
The GBC is the most important event in CIMA's calendar as it gives the world an opportunity to discover the business leaders of tomorrow and to highlight the critical importance of developing business talent in what is an increasingly competitive ...
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Sunday Times.lk
Laser process adds to worry over bomb
Boston Globe
Andrew C. White, the president of the company's nuclear business, hailed the technology as “game-changing.'' Monetta of Global Laser Enrichment, the GE-Hitachi subsidiary, said the envisioned plant would enrich enough uranium annually to fuel up to 60 ...
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Euro zone: Bargain or basket case?
Royal Gazette
On the stock side, global multi-national companies which happen to be based in the euro zone but are doing business all over the world have become more interesting as their prices tumble farther than their peers. Attractive dividend yields combined ...
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Demise of the US Dollar?
Chattanooga Times Free Press
More than 60 percent of the foreign reserves of global central banks and governments are in dollars. Quite simply, the US dollar is the most important currency in the world. It plays a central role in international trade and finance, both as a store of ...
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The Mag Interview | Head for theCure President Matt Anthony is a man with a cause
Kansas City Star
By CINDY HOEDEL Matt Anthony is global chairman of VML, a British-owned digital marketing agency with world headquarters in Kansas City. Anthony is also president of Head for the Cure, a foundation supporting brain cancer research. ...
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Kansas City Star
Company Registration Services in India through Global Jurix
Online PR News (press release)
Online PR News – 20-August-2011 –Indiacompanyregistration(dot)com is very excited and wonderful destination and good exceptional point where your dreams may be real and ambition will fulfill when you want to start your business and company registration ...
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Of Management and Mosquito Nets
New York Times
“Lifeblood” nominally chronicles the global effort to eradicate malaria, but it is really about changes that Mr. Chambers, Mr. Gates and others are bringing to the chronically mismanaged system of foreign aid, especially in Africa. ...
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New York Times
Another global recession?
The Daily Star
Last week, murmurs were heard in high places around the world that the global economy would face another recession. Experts opine that there is a 15% chance of a new recession. This is double the chance they believe existed at the beginning of 2011. ...
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Prices driving local oil production up, gas down
Kansas.com
BY DAN VOORHIS These are good days in the oil business. Generally high global oil prices — although falling in recent weeks as the global economy suffers — and new technology have re-energized the domestic oil industry. Drilling and production are up ...
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Tourism recovery for debate at World Travel Market
Sunday Times.lk
The debate will look at how the private and public sectors can work together to tackle currentindustry challenges, the release states. Ministers and business leaders will review and debate on the impact of fiscal consolidation and increased taxation ...
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Around the World at Soybean Export Stakeholders Meeting
AgWired
Participants in the US Soybean Export Council Animal Utilization Stakeholders meeting got a quick trip around the world in about four hours Saturday morning with presentations on globalopportunities for soybean exports for animal use. ...
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Is Samsung Quietly Backing Away From Android?
PCWorld (blog)
Reports surfaced this week that Samsung chairman Lee Kun-hee convened a meeting of top executives to discuss the effects of the merger on the company's business. Samsung is the second biggest smartphone maker in the world as of the second quarter of ...
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Growing research at Virginia Tech
Roanoke Times
VT aggressively pursues research as a new revenue stream and as a way to boost the university's global reputation. By Tonia Moxley Master's degree students Eric Baldrighi (right) and Michael Okyen demonstrate a mechanical arm at the Virginia Tech ...
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Roanoke Times
Five years that changed everything
Financial Post
“We're talking about the global realignment of technology infrastructure where mobile is the common denominator,” the legal source said. For iPhone maker Apple, now the world's biggest smartphone company, and its challengers it raises the question: “If ...
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Company seeks better climate
The Desert Sun
Spare Backup's primary target customers are owners and executives of businesses that don't have an IT department, and individual business professionals who rely on mobile devices. The company has numerous partnerships with global companies that have ...
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At 65, I shouldn't hanker after public life: Murthy
Moneycontrol.com
There is a belief in the minds of Indians that we can indeed become a reasonably well know globaleconomic power. It is also agreed by economists all over the world that for a country to press on the paddle, they need to reduce corruption because ...
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Grand Ceremony Marks Launch of Global Konkani Organisation
Daijiworld.com
Mangalore, Aug 20: 'Jagotik Konknni Songhotton' (Global Konkani Organization) was launched amidst a grand ceremony during the celebration of World Konkani Day at St Aloysius College IT Auditorium here on Saturday August 20. ...
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Daijiworld.com
Places puts local firms on the map
Columbia Daily Tribune
BY ROB STRETCH Does your company or organization cater to a local or global audience? Does your business depend on walk-ins or appointments, or can your product be sold across the country or entire world? This geographic distinction can have drastic ...
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Leadership Doesn't Rest on Your Title
New York Times
I was running the sales operation for the global foreign currency business. A. About 29. There were about six people reporting to me. Q. Was that an easy transition for you? A. I definitely learned a fair amount of lessons. ...
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New York Times
Strengthen economy by investing in community colleges
Chicago Sun-Times
The ability of the US to compete in the global marketplace will depend on our ability to better educate our citizens. Studies show that more than 60 percent of all new jobs in the next decade will require a postsecondary certificate or degree. ...
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Must Read: Victor Shih And Carl Walter On The Chinese Banking System
Business Insider
As this “unspoken rule” way of business proliferates to every corner of the Chinese economy, quality, safety, and basic trust all go out the window, replaced by the subcontractors who could pay the highest bribes. Victor correctly points to the ...
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Nevin Shapiro: The fraudster who claims he corrupted UM football
Chicago Tribune
He developed an early penchant for gambling and after college got a first-hand look at acquiring money illicitly, when his Broward County-based stepfather was pursued in a global manhunt and ultimately convicted of a multimillion-dollar loan scam. ...
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UNCW hopes MARBIONC will be the Research Triangle Park of the coast
StarNewsOnline.com
To position North Carolina's marine biotechnology industry as a key component in reaching economic and environmental solutions on a global scale. In a way, it will be the city's Centennial Campus or Research Triangle Park, with a focus on accelerating ...
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Hanging With Hackers: Inside Germany's Great 'Geek' Convention
TIME
18, 2011 This post is in partnership with Worldcrunch, a new global-news site that translates stories of note in foreign languages into English. The article below was originally published in Süddeutsche Zeitung. BRANDENBURG — Kristian's NXP ARM ...
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Dallas-Fort Worth frack pump maker keeps investing to stay No. 1
Middle East North Africa Financial Network
"A full ballistic enclosure," production manager Randy Macy said during a recent tour of the world'slargest manufacturer of pumps used in the hydraulic fracturing process of oil and gas wells. Weir SPM's facilities are just west of Fort Worth, ...
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HP Acquires Autonomy for $10 Billion
Tom's Hardware Guide
According to PC World, Autonomy and it's 2700 employees will operate as a business unit within HP and will continue under the leadership of current CEO Mike Lynch. The news comes at the same time as HP's announcement that it's axing its TouchPad and ...
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MTSU names distinguished alumni winners
The Daily News Journal
A native of Brazil, Jorge credits Dr. Sid Sridhara, professor in MTSU's Department of Engineering Technology, for preparing him for real-world business experiences. "Everyone with whom he comes in contact with receives the same level of dignified ...
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Republican Senate candidates face off in Orlando
Tallahassee Democrat (blog)
Mike McAlister and business executive Craig Miller wait at their seats. / Bill Cotterell/Democrat By Bill Cotterell ORLANDO -- Four Republican candidates for the US Senate competed for the votes of Central Florida conservatives Saturday with promises ...
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The Recession of 2011?
HoweStreet.com
I changed my assessment from a mild recession to a serious one in early 2007 as my research revealed more and more fault lines and the damning interconnection of the global banking system (which has NOT been fixed, only made worse since then). ...
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Apple's Secret: Ruthless Strategy
Hindustan Times
He is himself a successful designer not of products but of business strategies. Apple's recentsuccess has made people forget not only how close the company came to failing but also what Jobs did to turn it around when he returned as chief executive in ...
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A chance for change: Deficit 'Super Committee' must go past $1.5 trillion
OregonLive.com
Despite the media hysteria, the world's economy, especially America's, is actually in very good shape. Banks' capital balance sheets are solid, business earnings are excellent and there is plenty of cash to invest. I believe the work of this committee, ...
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The power that a president does -- and doesn't -- have
Salon
Any tremors in the president's closed world caused by Summers's early departure from the administration have undoubtedly been offset by Geithner's recent reassurance that he will stay at the Treasury beyond 2011. Postscript: In 2011, Summers has become ...
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Salon
Investors rush to gold as world markets take a hit | China ...
By CBN
Gold spiked to another all-time high this week as slumping global stock markets sent investors fleeing for the safe-haven precious metal while industrial commodities dived on the back of a weak demand outlook. World equities took ...
China business news
Biden says China, US share global responsibilities
Biden brought a strong message of mutual interdependence on his visit to the southwestern Chinese city of Chengdu on the final day of a five-day visit to the world's second-largest economy and a key U.S. trading partner. ...
Las Vegas News from 8NewsNow.com
Oil falls to near $81 on global growth slowdown | Business news ...
"The world economy has clearly stalled and it is hard to see any meaningful ... Other analysts are more optimistic, pointing to recent signs of strong U.S. ...
www.chron.com/disp/.../7703840.html?utm...
HP sinks as investors flee business revamp | News Global TV
News Global TV World Breaking News, Politics, World News, Exclusives, Interviews ... HP should not have told the world it was thinking of getting rid of its PC business, which brings in 16 ... Tags:business, latest, news, top, us, usa ...
amerinews.tv/.../hp-sinks-as-investors-flee-business-revamp/
Biden says China, US share global responsibilities - Business News
Biden says China, US share global responsibilities - Vice President Joe Biden said Sunday ... visit to the world's second-largest economy and a key U.S. trading partner. ... Most Recent Articles. Taylor rallies Mercury past Silver Stars ...
finance.townhall.com/.../biden_says_china,_us_share_global_r...
August 9 Global Business News - Palm Beach Business Group
Gains from global beef prices will be modest in Africa ... likely a reflection of current globalconditions than concerns about the latest restructure ... Declines in world prices of most commodities, particularly oil, will also help. ...
www.pbbusinessgroup.com/.../8053014-august-9-global-busin...

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