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Aug 22, 2011

BUSINESS News, Aug 22, 2011


American Express Global Business Travel Announces New Mobile Capability
MarketWatch (press release)
American Express Global Business Travel selected technology provider Charter Solutions to provide their patent-pending dynamic mapping functionality with our solution. Companies that use MCM can create a roadmap view of the world and visually pinpoint ...
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World Bank forecasts double digit growth for Nigeria
The Nation Newspaper
“The World Bank has been supportive of the reform programmes of the current administration, especially in the power sector. We want to capitalise on having power by having Independent Power Producers work with us and having the bulk traders in between. ...
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Global Business Leaders To Attend Forbes Global Conference 2011 In Kuala Lumpur
Bernama
KUALA LUMPUR, Aug 22 (Bernama)-- Some 400 global business and thought leaders are set to gather in Kuala Lumpur for the 11th Annual Forbes Global CEO Conference from Sept 12-14. This year's conference will focus on assessing the outlook of the world ...
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Software Is Eating All the Jobs Too
Washington Post
Just a few years later, one of the only bright spots of employment in the entire country is for coders. In California, the latest numbers show unemployment at a staggering 12%. Yet if you are a coder in Silicon Valley, the world is your oyster. ...
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Spinning a new yarn
Business Standard
Life perhaps would have been very different, maybe even a tad prosaic, if BK Goenka had stuck to his family's legacy business of home textiles, spinning success stories, supplying to global retailers and high street brands. Present in five verticals: ...
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Business Standard
The 2012 budget: deficit financing?
Trinidad & Tobago Express
By Mariano Browne As the Minister of Finance reviews the recommendations received from the various sectors, the clouds over the world economy continue to darken as business sentiment and investor confidence weaken. Investors are worried that global ...
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Global connections benefit entire area, business leaders say
Springfield News-Leader
University officials and business leaders see MSU's China EMBA program as a golden opportunity to build business ties between the Ozarks and the world's second largest economy. "These students are full-time professionals at some of the leading ...
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International markets news
Sydney Morning Herald
HONG KONG - Hong Kong stocks dropped 3.08 per cent on Friday as selling fever gripped worldmarkets over fears for the state of the global economy. The benchmark Hang Seng Index fell 616.35 points to 19399.92 on turnover of $HK81.93 billion ($A10.15 ...
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ROUBINI: Capitalism Has Hit A Crisis Point, The Global Revolution Will Spread...
Business Insider
Even the world's middle classes are feeling the squeeze of falling incomes and opportunities." Roubini went on to say that capitalism is undergoing a crisis that Karl Marx predicted a century ago, driven by an ongoing transfer of wealth and power from...
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Business Insider
Charge of the LED brigade
Minneapolis Star Tribune
In 10 years' time, LEDs will cost a tenth of the current price. For the world's "big three" light-bulb makers -- Philips, Osram, an arm of Germany's Siemens, and GE Lighting have about 60 percent of the global market -- this represents something of a ...
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G20 nations urged to address global food shortage
Radio Australia
The Australian Trade Minister Craig Emerson says the actions of the Group of 20 during the 2008global financial crisis were critical in heading off a depression. The G20 is made up of the world's19 largest economies plus the European Union. ...
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Standard and Poor's as a political watchdog
GroundReport
The S & P may have weakened its global acceptance by its move it made on US credit rating. Theworld economy is gradually coming out from recession and everybody is feeling good about American leadership. The whole world respects American leadership ...
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Brisbane-based game developers 3 Blokes, HalfBrick, Hoodlum and Sega are world ...
Courier Mail
Pic: Adam Armstrong Source: The Courier-Mail AS serious contenders in the global video game development industry Sega Studios Australia, Hoodlum and 3 Blokes can choose just about anywhere to base themselves but sunny Brisbane continues to be the place ...
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Jackson Hole Bankers Reflect on QE2 Amid Pressure for Stimulus
BusinessWeek
The latest bond-purchase program ignited the harshest political backlash against the central bank in three decades, with Republican lawmakers saying the policy risked causing a surge in inflation. Federal Reserve Bank presidents Charles Plosser of ...
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Digital privacy: Who's guarding the guards?
MiamiHerald.com
Is there a business topic you feel passionately about, a problem in the local economy that needs public attention, or a business-related issue in the news you would like to comment on? Here's your chance. Send your ideas for My View contributions to ...
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Time to hit the reset button?
Washington Post
Many business leaders said they have already adjusted to that new reality, well before the latestrough patch. After all, economic troubles — rising oil prices, anemic global growth and shaky consumer confidence — have plagued the market for months. ...
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Born again: Tech high flier back in business
Minneapolis Star Tribune
A wiser Rick Born has found a profitable second act in growing his latest IT business. Chastened and wiser, he's been quietly building another IT firm since 2006 that's going to get bigger in September. Born, 50, who came to epitomize the promise, ...
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Investors brace for another wild ride on stock markets
The Australian
AUSTRALIAN investors are set for another turbulent week as world markets confront the risks of a double-dip recession in the major advanced economies. Decisions by the the major globalinvestment banks to cut their growth forecasts sparked a further ...
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Kenya's listed firms found at high risk of theft by directors
Business Daily Africa
A World Bank report says East Africa's largest economy has some of the weakest investor protection laws that earned it position 93 out of the 183 countries surveyed. Photo/FILE By David Mugwe, dmugwe@ke.nationmedia.com (email the author) Kenyans who ...
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Business Daily Africa
Nigerian Internet Entrepreneur Takes Nollywood To The World
Emailwire (press release)
That is the power of super distributing content on the Internet. Our success is merely a barometer of the success of Nollywood as an industry. Can you give me some insight into your business model? Your website streams the latest Nigerian movies. ...
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Bullish Outlook For Seek's Global Domination
TheBull.com.au
Many would argue the recent world wide market downturn is more a heart pounding plunge than a dip. In theory, buying on the dip should allow investors to buy shares at discounted prices. In practice, the strategy needs to take into account the nature ...
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TheBull.com.au
Commodities markets summary
Sydney Morning Herald
The bank said a slow European response to the eurozone's mounting sovereign debt problems and the US political battle over raising its debtceiling had hit financial markets and eroded both businessand consumer confidence. Morgan Stanley cut its global ...
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CEOs land in Denver this week for corporate travel seminar
Denver Post
About 6000 business travel buyers and more than 400 exhibitors — who are the core of the $200 billion business travel industry — are registered for the Global Business Travel Association convention. Held today through Wednesday at the Colorado ...
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Rwanda: Investments Over the Last 11 Years Spur Optimism
AllAfrica.com
The World Investment Report(WIR) 2011 that is published by the United Nations Conference on Trade and Development (UNTAD), says that global foreign direct investment (FDI) has not yet bounced back to pre-crisis levels, though some regions show better ...
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Gaurav Kapur: Rupee to feel the pangs of global risk aversion
Daily News & Analysis
The franc has been driven to record highs in recent weeks as market participants and investors have sought a safe haven from the eurozone debt crisis and fears over global growth. That has alarmed Swiss policymakers, fearful that the strength of their ...
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Economic Outlook: Jackson Hole in spotlight
Financial Times
The latest update on UK second-quarter growth is published on Friday. A quarterly rise of 0.2 per cent is expected, unchanged from the first estimate. In the eurozone, several surveys appear likely to suggest that business activity is slowing and ...
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US debt crisis fuels warnings that the apocalypse draws ever closer
Financial News
Soothsayers down the ages have warned of the end of the world through war, pestilence and famine. In the first of a two-part series we examine the latest predictions of the cataclysmic impact of the west's love affair with debt and the seismic global ...
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GRAHAM BELL: State and business can learn from 1960s boom
Business Day
SA is 54, with Russia almost off the chart at 154. We also do well in the World Bank's ease of doingbusiness index, second behind Thailand. Only Turkey and Thailand outrank us on the WorldEconomic Forum's quality of infrastructure. ...
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Vintner loses No. 1 status, toasts new growth
The Associated Press
Even in a highly fragmented industry in which Constellation Brands Inc. claimed just 4 percent of global wine production, it was a high point for a family business with post-World War II roots in the Finger Lakes grape-and-wine country in western New ...
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The Associated Press
Can hero live up to its name?
Business Standard
The conundrum facing the family was how it will work in global markets,” says Wright. Hero has already identified some 30 global market it wishes to see its bikes in. The options that were considered were a standalone Hero, Hero X (X being a new name ...
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Legal opinion: Social media and the workplace - a global perspective
PersonnelToday.com
There has been a global explosion in the popularity of social media sites such as Facebook, Twitter and LinkedIn in recent years. As well as the benefits they confer, social media throws up some huge challenges for employers around the world. ...
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Direct real estate for DC plans seen as growing business
Pensions & Investments
based UBS Global Asset Management's global real estate management US unit is just now developing an equity real estate investment option for multistrategy portfolios including target-date, target-risk, custom balanced or diversified real asset funds, ...
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EJ Dionne / Syndicated columnist President Obama needs to think big in the ...
The Seattle Times
President Obama has only one option as he ponders a world economy teetering on the edge, writes EJ Dionne Jr. He needs to go big, go long and go global. Austerity is the wrong medicine right now. Why do you print this garbage? ...
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Global Markets Overview 08/22/2011
International Business Times AU
Investors fretted about the world's largest personal-computer maker's extensive plans to reshape its business model. Shares dropped $5.91, or 20%, to $23.60. The stock took 45 points off the price-weighted Dow. Fellow blue chip International Business ...
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International Business Times AU
The Family That Goes To School Together...
Wall Street Journal
In July 2010, for instance, Northwestern's Kellogg School of Management added a family-businesscourse to its existing executive-education course, and the FW Olin Graduate School of Business at Babson College held its first global summit for family ...
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Hanwha Group Enters Exclusive Partnership with Bolton Wanderers
Business Wire (press release)
BOLTON, England--(BUSINESS WIRE)--Hanwha Group, a global conglomerate with a dedicated emphasis on solar energy technology, today announced an exclusive partnership with Bolton Wanderers. This announcement was made ahead of Wanderers' opening home ...
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Business Wire (press release)
Hotel Lawyer with more on M Waikiki Edition lawsuit against Marriott - What ...
Hotel Law
Jim Butler is a founding partner of JMBM, and Chairman of its Global Hospitality Group® and Chinese Investment Group™. Jim is one of the top hospitality attorneys in the world. GOOGLE "hotel lawyer" and you will see why. Jim and his team are more than ...
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Is America doomed? Perspectives on US debt crisis
Daily Mirror
If we total Government, Business and Consumer debt in the USA, the supposed to be most powerful country in the world is over USD50trillion in debt!!! Are we then surprised when US factories start to shut down; millions of jobs get shipped overseas, ...
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What do you do? I used to work on Wall Street
msnbc.com
But there are many others who are pursuing completely different jobs in recent years as the fallout from the global financial crisis continues. With the job market looking bleaker, some workers have given up on sending resumes, making calls that don't ...
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msnbc.com
Job Creation in the US: What Is the American Worker Up Against?
Go Banking Rates
Revenues will pour into the Treasury, and much of the current 'budget crisis' will evaporate,” according to Reich. Participating recently in a McKinsey Global Institute panel discussion entitled, “Job Creation and America's Future,” Andy Stern, ...
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Go Banking Rates
In their own words: The Republican presidential field on climate change
The Hill (blog)
You notice they don't call it global warming anymore. It's weather control,” Paul said in a Nov. 2009 interview with Fox Business. “Eliminate the ineffective EPA. Polluters should answer directly to property owners in court for the damages they create ...
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Fundtech to Overcome S1 Hurdle: Israel Overnight
Bloomberg
“With the changes that have happened over the last three years in the banking world, and with Basel III, lending money is more difficult,” he said. “Even through difficult times, the cash managementbusiness has maintained its growth. ...
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Thomas E. Mason: Innovation Valley helps businesses mine region's riches
Knoxville News Sentinel
With concerns about the global economy dominating the headlines, worries about the strength of our local economy are understandable. Fortunately, the Knoxville–Oak Ridge region is rich in opportunities for business and job growth. ...
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Equipment orders probably fell, economists say
San Francisco Chronicle
"Businesses are very cautious given all the uncertainty and slowing demand," said John Herrmann, senior fixed-income strategist at State Street Global Markets LLC. "Any further weakness in the manufacturing sector will undermine the integrity of the ...
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Ross Rubin: Will Google Put Dampers on Android? [Part 2]
ReadWriteWeb
This despite the fact that both are American companies; they do business on a global scale, withglobal telecommunications partnerships. While the standard that any merger or acquisition must meet for US regulatory approval typically boils down to, ...
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American Express Global Business Travel announces new mobile ...
By admin
American Express Global Business Travel today announced the launch of Mobile Communications Management (MCM), a dynamic, visual traveler tracking and integrated two-way messaging solution.... Companies that use MCM can create a roadmap view of the world and visually pinpoint traveler locations through color-coded markers on a map as well as through a list view of traveler names by location. The two-way communications feature then allows for custom messages and sending of ...
Business Travel News
World Looks for Reassurance That the Fed Will Take Steps
By admin
22 August 2011 Posted in: Business. With the global economy sputtering and financial markets on the rocks, the world is looking for reassurance that the United States central bank stands ready to save the day. .... Nissan's plan with its local partner, Dongfeng Group, calls for opening new factories to meet surging demand and introducing 30 new models by 2015. They include a China-produced electric car to be sold under the low-priced Venucia brand that Nissan Motor Co ...
Recent Business News
Gold in short supply, to remain firm | China business news
By CBN
With hardly 18 per cent of the world's known recoverable reserve left underground, amid robust globaldemand, the price of gold is likely to remain firm in the coming months in the absence of any sharp turn in fundamentals. ... A recent KPMG report suggests total gold holding among Indian consumers was 18000 tonnes until two years earlier. Apparently, people are not willing to sell their gold holding in both jewellery and investment forms, with the purpose of accumulating ...
China business news
Today's Business Headlines | WA Business News
By dan.wilkie
Click here to sign up for the Daily Business Alerts · Click here to login to the eEdition. PDF Documents FOR THE RECORD DOWNLOADS View the "For the Record" section of WA Business News as a PDF. 4 most recent issues available. ... The carbon scheme will significantly lift West Australian mining costs and the government should provide higher assistance to the coal industry if the global economy worsens, submissions to Climate Change Minister Greg Combet says. The Fin...
WA Business News - Latest News
China urges global economic policy coordination | Stock Market ...
The jolt to the global financial system added to fears that the world's largest ... The People's Daily commentary marks the latest broadside by Chinese state ... Filed under Financial and taggedBusiness News, Finance, Finance news, ...
www.rocketnews.com/.../china-urges-global-economic-policy-...

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