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Aug 23, 2011

BUSINESS News, Aug 23, 2011


Inspiring Youth To Succeed In A Global Economy
The Bell Ringer
Junior Achievement is an international organization dedicated to teaching and preparing the youth for the business world. One local organization has been holding its own since 1964 and is now helping to educate 8000 students in the CSRA alone. ...
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Rethinking Libya and Oil Prices
New York Times
As with the rebel advance into Tripoli, Libyan supplies to the global market could come sooner than expected. Brent crude prices slipped by as much as $3 to almost $106 a barrel at one point on Monday, before rebounding later in the day. ...
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Corporation for Travel Promotion Appoints JWT as Global Marketing Agency of Record
San Francisco Chronicle (press release)
The Corporation for Travel Promotion announced today that they have named JWT agency of record to lead America's first ever global marketing campaign to attract international travelers. JWT won thebusiness partnering with WPP sister agencies including ...
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PPG Aerospace Names Cancilla Coatings Director, Wright Transparencies Director
MarketWatch (press release)
Cancilla became global business manager for aerospace transparencies the following year andglobal manager for commercial aerospace transparencies in 2006, when PPG acquired Sierracin/Sylmar Corp. and integrated its operations. He was named global ...
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Current global economic situation full of uncertainties, says PM
Hindu Business Line
A. Roy Chowdhury At the current growth rate, India would the third largest economy in the world by 2025, the Prime Minister, Dr Manmohan Singh, said. However, considering the global economic turmoil, achieving such a growth would not be easy,...
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Hindu Business Line
Orange Business Services Appoints Jorg Henseleit as Managing Director Switzerland
MarketWatch (press release)
Orange Business Services, the France Telecom-Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. With theworld's largest, seamless network for voice and data, ...
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Biden says China, US share global responsibilities
BusinessWeek
Chinese and US prosperity is key to reviving the global economy and no serious problems can be resolved without Beijing and Washington at the table, Biden said. "We're the two biggest engines in the world to be able to do that," he said. ...
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'Live with GBTA' Kicks Off Record Breaking 2011 GBTA Convention
PR Newswire (press release)
He noted being the world's largest airline doesn't matter as much as being the world's leading airline. The Global Business Travel Association (GBTA) is the world's premier business travel and meetings organization. Collectively, GBTA's 5000-plus ...
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Business Monitor International Report Highlights the Risks of a Double-dip ...
PR Newswire (press release)
Business Monitor International (BMI) has released its latest special report, "Market Meltdown:Global Economy On The Edge" evaluating the major risks to the world economy arising from therecent slump in global stock prices and rise in vulnerable ...
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Douglas Peterson to succeed Deven Sharma as S&P president
The Australian
Mr Sharma will remain at S&P through the end of the year in an advisory capacity, working with McGraw-Hill chairman, president and chief executive Harold "Terry" McGraw III as the company explores hiving off its education business. ...
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Petrofac is the oil world's 'darling' as it posts forecast-beating profits
Scotsman
By Erikka Askeland Petrofac was described as the "darling" of the oil services industry after posting a forecast-beating first-half profit and said it was confident demand from national oil firms would continue to fuel growth despite global political ...
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JTB Americas to Enter into Exclusive Partnership with StarCite to Expand ...
MarketWatch (press release)
JTB Americas is the America's Business Division of the JTB Group established in 1912 which currently consists of over 26000 employees worldwide. The expert in travel for a growing global work force, JTB is one of the world's largest Travel Management ...
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Asian shares rise in technical rebound
Sydney Morning Herald
Asian shares rose on Tuesday after modest gains on Wall Street, but remained deep in negative territory for the month, while gold hit another record above $US1910 an ounce as investors continued to fret about the health of the global economy. ...
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Enzo Biochem Appoints Four Executives at Enzo Life Sciences as Unit Adds ...
MarketWatch (press release)
Bruce Taillon, PhD, as head of global technology business development. He previously was associated with Roche Diagnostics' 454 Life Sciences Division, where he was responsible for world-wide business development efforts centered around the company's ...
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How to Thrive in a World of Elusive Creativity
Forbes
Just a few of our recent projects include Pepsi Refresh, our Foursquare partnership, PepsiCo10, Gatorade Mission Control, Pepsi Loot, and our partnership with SXSW. Before I joined PepsiCo, I was EVP and Director of Weber Shandwick's global interactive ...
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Cvent Unveils New Features to Help Companies Go Global with Strategic Meetings ...
EON: Enhanced Online News (press release)
DENVER--(EON: Enhanced Online News)--Global Business Travel Association Convention – Cvent, the world's largest cloud-based software provider of meeting and event management, venue selection and web survey solutions, today announced the addition of new ...
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1st-class fliers: Safety first, but next up is lie-flat seat
USA Today
But a seat that lies flat enough to mimic a bed is also valued for long overseas flights, according to a study released earlier this month by the GBTA Foundation, the Global Business Travel Association's research wing. "What we saw through this survey ...
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USA Today
International Thought Leaders Collaborate to Address World Water Crisis
Water World
In July, Dow convened a panel for the TED Global conference [http://www.dow.com/iyc/ted2011.htm] that addressed the water-energy nexus challenge. The panel, which included David Klanecky, global business director for Dow Energy Materials and co-author ...
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Guest post: Slovenia's leaders must respond to global turmoil with privatisation
Financial Times (blog)
While capital markets are currently troublesome for many global players, investors in Slovenia have been having a rough period for quite some time. Despite most recentwoes, global markets are still far above their March 2009 lows, with the MSCI World...
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Financial Times (blog)
AGI World and Shorewood Packaging Merge to Create a Global Leader in Specialty ...
PR Newswire (press release)
As a result of the agreement, Shorewood Packaging and AGI World, two leading global specialty packaging companies, will become AGI-Shorewood, creating one of the largest and most innovative specialty packaging businesses in the world with operations in ...
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GES® Executive Creative Director Wins International Stevie Award in Eighth ...
San Francisco Chronicle (press release)
Global Experience Specialists (GES) a leader in exhibition, event and retail marketing services announced that Executive Creative Director Errol Ahearn has been named the International BusinessAward's 2011 Creative Executive of the Year. ...
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Oil and gas:
Sky News
Until the country's latest travails, Libya was one of the biggest and most stable oil producers in the world, pumping out comfortably over 1.5 million barrels of oil a day. It has 46.4 billion barrels of oil reserves – 3% of the entire world's reserves ...
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Sky News
Perfect World Announces Second Quarter 2011 Unaudited Financial Results
MarketWatch (press release)
"Overall, we are confident in the recent moves we have made, as well as the long-term outlook for our business. As a reflection of this confidence, we have repurchased an aggregate of 2305749 ADSs as of August 21, 2011 on the open market under our ...
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Sify Launches 'Stockwatch' on Its Finance Portal
MarketWatch (press release)
CHENNAI, India, Aug 22, 2011 (BUSINESS WIRE) -- Sify Technologies Limited (nasdaq globalmarkets:SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing globaldelivery capabilities, today announced the launch of ...
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PVH Corp. to Appear at the Goldman Sachs Eighteenth Annual Global Retailing ...
MarketWatch (press release)
NEW YORK, Aug 22, 2011 (BUSINESS WIRE) -- PVH Corp. /quotes/zigman/5785329/quotes/nls/pvh PVH +2.45% announced today that Company management will appear at the Goldman Sachs Eighteenth Annual Global Retailing Conference being held in New York City on ...
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Bloomberg TV Presents “High Flyers” with Host Haslinda Amin
Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength--delivering data, ...
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Photo Finish: Stocks Close Modestly Higher, Ending Two-Day Rout
Fox Business
The Dow Jones Banks Titans 30 Index, which tracks a broad swath of global banks, tumbled 1.7% on the day. The cost to insure bank debt against default has risen markedly across the board -- a sign of increased uncertainty in the sector. ...
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W Hotels Worldwide Appoints Jenne Lombardo as New Global Fashion Director
MarketWatch (press release)
NEW YORK, Aug 22, 2011 (BUSINESS WIRE) -- W Hotels Worldwide today announced the appointment of Jenne Lombardo, entrepreneur and style maven, as its new Global Fashion Director. For more than 12 years, W Hotels has had a continuous commitment to ...
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Zynex, Inc. to Exhibit at MEDICA 2011-World Forum for Medicine International ...
MarketWatch (press release)
We believe our participation in this event will help us advance our efforts to expand our global reach." Zynex, Inc. (founded in 1996), operates under three primary business segments; Zynex Medical, Zynex NeuroDiagnostics and Zynex Monitoring Solutions ...
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Golfsmith Announces First Retail Operations in World's Fastest Growing Golf Market
MarketWatch (press release)
(kosdaq:GOLFZON) is another step in Golfsmith's global strategy aimed at forging partnerships around the world as the company continues to leverage its brand assets internationally. Golfsmith will reinvest the income generated from this new partnership ...
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Vector Capital Completes Acquisition of Gerber Scientific, Inc.
MarketWatch (press release)
"We believe Vector Capital and CITIC Capital Partners have the global capabilities, financial resources and industry expertise that will allow us to capitalize on our expansive globalinfrastructure, dedicated employees and loyal customer base to ...
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Natixis Global Associates Signs on to DTCC's Model Management Exchange Service
MarketWatch (press release)
As a division of Natixis Asset Management Advisors, LP, MPA is part of Natixis Global Associates (NGA), which is the distribution arm of Natixis Global Asset Management, one of the 15 largest asset managers in the world based on assets under management ...
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Counting the cost of the 9/11 wars
The Guardian
Al-Qaida has failed to achieve most of its key aims: there has been no global uprising of Muslim populations, no establishment of a new caliphate. Nor have changes in America's policy in the Islamic world been those desired by men such as the late ...
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The Guardian
Golf Academy of America announces deal with JK Crew Amateur Tour
WorldGolf.com
GAA's involvement as a sponsor of the JK Crew Amateur Tour will provide global exposure for the career golf schools with campuses based in Myrtle Beach, SC, Orlando, Fla., Phoenix, Ariz. and San Diego, Calif. GAA will also be named as a presenting ...
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PwC Completes Acquisition of PRTM
PR Newswire (press release)
"The PRTM team is proud to be joining one of the world's leading professional services firms," said Scott Hefter, former Global Managing Director of PRTM and now a Principal at PwC. "Together, we will bring a full continuum of world class consulting ...
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Travel convention brings thousands to Denver
9NEWS.com
DENVER - One of the biggest business travel conventions in the world is underway in Denver. TheGlobal Business Travel Association has brought thousands of business travel representatives to the Colorado Convention Center. On Monday, the association's ...
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HP Plans To Spin Off PC Business
NPR
So why is Hewlett-Packard thinking about getting out of a business in which it is the global leader? Well, we're going to ask Ben Worthen of the Wall Street Journal. Welcome to the program. SIEGEL: Ben, it's tempting to see Hewlett-Packard's ...
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Business digest: Ford, Toyota to develop a hybrid together
STLtoday.com
The main drivers of those losses were fears about stalling global growth and the European debt crisis. Investors marked down share prices as they cut their expectations of corporate earnings based on how severe they expect the new economic slowdown to ...
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United CEO speaks at Denver convention for business travel managers
Denver Post
By Ann Schrader Continental and United Airlines workers picket Sunday before a panel discussion featuring Jeff Smisek, chief executive of United Continental Holdings, during the Global BusinessTravel Association convention at the Colorado Convention ...
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Bank of America Declares Quarterly Dividends
MarketWatch (press release)
Bank of America is among the world's leading wealth management companies and is a globalleader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals ...
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Morgan Stanley at Brink of Collapse Got $107B From Fed
Bloomberg
“We give out as much as we feel is appropriate on that business,” he said. A new rule adopted in December by the Basel Committee on Banking Supervision, an international panel of regulators, requires global banks to keep enough cash or cash-like ...
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American Roamer Launches the Latest Version of Global Coverage Analyzer as the ...
PR Web (press release)
GCA supports the needs of an array of business segments, from mobile roaming and competitive intelligence, to strategic planning and business development. “Unlike any other option available in the industry, Global Coverage Analyzer allows easy and ...
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Asian stock markets rise after Wall Street gains
Sacramento Bee
... scaled back expectations that Libyan oil would be quickly restored to world markets following the apparent downfall of Moammar Gadhafi. The dollar weakened against the euro but was higher against the yen. Global stocks have been volatile in recent ...
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Panjiva Partners With Bureau Veritas to Offer More Robust Supplier Data
Marketwire (press release)
NEW YORK, NY--(Marketwire - Aug 22, 2011) - Panjiva, the leading source of objective information on global trade and overseas suppliers, today announced a strategic partnership with the worldleader in conformity assessment and certification services, ...
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American Express Global Business Travel Announces New ... - World news
By admin
American Express Global Business Travel Announces New Mobile CapabilityMarketWatch (press release)NEW YORK, Aug 22, 2011 (BUSINESS WIRE) -- American E.
World news » |World news
Aug 23 - VIET NAM BUSINESS NEWS
By VBN
Vietnam gold opened up sharply to top VND49 million/tael for the first time in history this morning following a surge in global market but the premium has widen to $60/tael to world gold prices. As of 9:00 Hanoi time, Sacombank-SBJ gold ...
Vietnam Business News
Ethics Newsline® » News » Business Stories Examine Ethics in ...
By Carl Hausman
... commit fewer ethical misdeeds than their counterparts in the office, claims survey; critics urge closer control over developing-world drug tests. VARIOUS DATELINES. Last week's global business news included several stories involving ethics. ... Employees who work from home commit fewer incidents of misconduct than their counterparts in the office, according to a recent employer survey reported in MarketWatch. Among the 200 firms surveyed for the Ethisphere Institute, ...
Ethics Newsline®
Hsyndicate - News - American Express Global Business Travel ...
American Express Global Business Travel Announces New Mobile Capability ... Companies that use MCM can create a roadmap view of the world and visually ...
www.hsyndicate.org/news/154000320/4052660.html
August 8 Global Business News - Palm Beach Business Group
Global recession fears affect commodity prices. With developed-world ... In recent days, fears have been heightened by Standard & Poor's decision to ...
www.pbbusinessgroup.com/.../8052992-august-8-global-busin...
Global stocks lose steam on weak German growth - One News Page ...
Business on One News Page on Tuesday, 16 August 2011. ... After an optimistic start to the trading week, stocks around the world ... Recent related news ...
www.onenewspage.com/.../Global-stocks-lose-steam-on-weak-...

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