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Aug 12, 2011

LATEST World News, Aug 12, 2011


The World's 25 Most Valuable Companies: Apple Is Now On Top
Forbes (blog)
This change in the overall market value leader prompted me to re-run the world's 25 most valuable companies now and compare it the top 25 from our 2011 Forbes Global 2000 (published in March). The latest rollercoaster ride in global markets not only ...
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India's parliament stalls as major issues await
Fox News
For nearly two weeks, opposition lawmakers have halted nearly all legislative work in a repeat of their winter session protests, weakening Prime Minister Manmohan Singh's already embattled government and its push to turn India into a major global power ...
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Osborne defends austerity policies amid debt storm
AFP
The British government had said last weekend that its austerity measures had been "vindicated" by Standard & Poor's move to slash Washington's top AAA credit rating. "It is not hard to identify the recent events that have triggered the latest market ...
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AFP
US warns Syria of sanctions and calls for global support
Deutsche Welle
Top US diplomats threatened Syria with extra sanctions on Thursday, and simultaneously appealed for a more unified global stance on President Bashar al-Assad's violent responses to anti-government protests. The US State Department announced that their ...
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Officer's Choice, McDowell's No1, Celebration, Honey Bee and Old Tavern top ...
Economic Times
BANGALORE: Indian liquor swept the 2010 list of top-10 global spirits brands in volumes growth, taking home the first five spots almost entirely on domestic sales. Allied Blenders & Distillers' (ABD) Officer's Choice came in as the fastest volume ...
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Groundbreaking Job Creation Initiative Revealed Using Summer Internships
Business Wire (press release)
“This summer internship initiative could provide our youth with the marketable skills necessary for India to compete more effectively in the global world economy.” Leading global performance improvement firm, J-InterSect, released the results of a ...
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Chesterfield Technology Firm Partners with Translation Company for Global ...
San Francisco Chronicle (press release)
The company's objectives are to provide world-wide consultation services for the globalmarketplace, coupled with high quality, broad-based translation and interpretation services in 150+ languages. AAA Translation uses top-of-the-line language ...
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China unable to rescue global economy
World Socialist Web Site
But the international financial turmoil over the past week and the prospect of a new globalrecession has suddenly called into question this credit tightening policy. Following a top-level government meeting on Tuesday, Premier Wen Jiabao told CCTV: ...
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Taiwan's First Zero-Carbon Building Gets Global Top Honor
SunHerald.com
The center, best known as the Magic School of Green Technology, was awarded a certificate of the Leadership in Energy and Environmental Design (LEED) by the USGBC -- a recognition that will put it on the list of The World's Greenest Buildings next year ...
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Gold Pares Best Week Since 2009 as Equities Gain, Margins Rise
Bloomberg
Gold has surged since Aug 5., when Standard & Poor's cut the US credit rating by one level from thetop AAA grade. That, coupled with speculation that Europe's sovereign-debt crisis is worsening, triggered a slump in global equities. ...
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Basci Sees Global Deflationary Risk as Turkey Cuts Rates (Text)
Bloomberg
We have a box article on this in the most recent Inflation Report. Since the relative prices of investment goods are quite reasonable right now, mainly because nobody else in the world is buying them. And since the domestic economy's revival in Turkey ...
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Countdown begins as HeinekenĂ‚® unveils rugby legends for Rugby World Cup 2011
Reuters (press release)
Heineken has been the official beer of the 1995, 2003, 2007 and now 2011 and 2015 Rugby WorldCup tournaments. A significant percentage of Heineken's global volume is consumed in the majorrugby playing nations. Heineken has been the title sponsor of ...
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BlackRock Picks Schlumberger as Oil Shortfall Underpins Prices
Bloomberg
By Brian Swint - Thu Aug 11 23:01:02 GMT 2011 BlackRock Inc. (BLK), the world's biggest money manager, is invested in Schlumberger Ltd. (SLB) as the shortfall in global crude production underpins oil prices. Oilfield services companies such as ...
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Techno-savvy Rudisha in touch
Daily Nation
Photo/MOHAMMED AMIN By JONATHAN KOMEN jkomen@ke.nationmedia.com He's the world's best athlete, having earned global recognition from the InternationalAssociation of Athletics Federation (IAAF) at last year's awards annual gala in Monte Carlo, Monaco. ...
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Daily Nation
DCT Secures Largest Order to Date From Global Technology Leader
MarketWatch (press release)
Microtek is also recognized as one of the top global scanner brands alongside Epson, HP and Canon. About Document Capture Technologies Document Capture Technologies /quotes/zigman/496340 DCMT +3.67% is a worldwide leader in the design, development, ...
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Worrisome global foreign direct investment policy trends
Today's Zaman
In the last column, I reviewed the recent major global and regional trends in foreign direct investment (FDI) flows, based on the findings of the United Nations Conference on Trade and Development's (UNCTAD) “World Investment Report 2011” (WIR 2011). ...
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Discover These 6 Overlooked Defensive Stocks
Motley Fool
One of the biggest consumer companies in the world, Nestle, doesn't sell shares on major US exchanges. The same goes for British retail giant Tesco plc. That's where a fund like the iSharesGlobal Consumer ETF can come in handy. ...
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Procter & Gamble's Bob McDonald Out to Cover Globe
Women's Wear Daily
By Molly Prior and Andrea Nagel As the leader of the multibillion-dollar consumer products giant Procter & Gamble Co., McDonald has the world within his reach. And his goal is as immense and vast as P&G's $82.56 billion global business: Convert every ...
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Aviation Safety: Making Way-finding the top priority
Nigeria Daily Independent
In the global civil aviation, safety of people takes precedence. It is about people in and around the airport environment being in a state of feeling safe, stable and free from fear or anxiety. That is why many airports authorities take the step to ...
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Top 50 Movers and Shakers Named in RISI's 2011 Global Pulp and Paper Power List
PR Newswire (press release)
Heading the list for this year is John Faraci, CEO and chairman of the world's largest pulp and paper producer, International Paper (IP). Faraci is joined in the top 10 by other leading figures from the producer community, including Teguh Ganda Wijaya ...
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S&P loses a friend as US loses its AAA
Trading Room
After all, who in their wildest dreams just a few months ago would have thought that the US would lose its top-tier credit rating from one of the world's biggest rating agencies - Standard & Poor's. Sure, S&P stuffed up by a trillion dollars or so in ...
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Miami-Dade unveils new strategy to court Brazil
MiamiHerald.com
The $6.3 billion figure puts Brazil at the top of the region's export list, followed by Switzerland ($3.1 billion) and Venezuela ($2.4 billion). By MIMI WHITEFIELD As Brazil's prosperity and global profile have risen, it has become South Florida's top ...
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$4.8 trillion wiped off world stocks
Stuff.co.nz
Some US$4 trillion (NZ$4.82t) has been wiped off the value of world stocks this month on concerns the euro zone debt crisis is spreading to Italy and Spain and hurting Europe's banking system, and the global economy is falling into recession. ...
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Spectrum Brands Holdings' CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Our Varta brand is growing in Europe, with more to come with our new 2-year contract with Carrefour the world's second-largest retailer. Following a listing competition with other major global battery users, Spectrum has been chosen as one of the 2 ...
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Dimension Data Extends kgb's Network Support with Best-in-Class Uptime Solution
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--Dimension Data, a multi-billion dollar global IT solutions and services provider, today announced that it has deployed a high-availability network for kgb, theworld's largest independent provider of directory assistance and ...
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VINTAGE: TR59 Put Ferrari Back On Top
SPEEDtv.com
With the current line-up of four-cylinder customer racers slowly losing their competitiveness, it was time for a replement. Chassis 0766TR, first of five 250 TR59s constructed to compete in the 1959 season's World Championship, scored a debut victory ...
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SPEEDtv.com
Analysis of Financial Terrorism in America, Economic Elite Make Off With $46 ...
The Market Oracle
However, as we have seen throughout the world in recent months, the people are beginning to fight back. The following report is a statistical analysis of the systemic economic attacks against the American people. The American public has sustained ...
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The Market Oracle
Wilmar Second-Quarter Profit Increases 14% as Sales Reach Five-Year High
Bloomberg
While revenue climbed, the volume of palm and laurics sales fell because of “demand rationing at higher price levels, coupled with uncertainties in the global economic environment.” Wilmar gained 2.4 percent to S$5.23 a share at 11:11 am in Singapore, ...
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Android Had 43.4% of the Global Smartphone Market in Q2, Apple Third at 18.2%
ReadWriteWeb
Globally, smartphone sales were near 107.7 million, of which Android was the top performer (43.4% on sales of 46.7 million units) and iOS was third (18.2% on sales of 19.6 million). Between the two, they accounted for 62% of smartphone sales worldwide. ...
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Global Company to Create 156 Jobs in Marietta
Coosa Valley News
“The growth of Georgia's bioscience cluster is a top priority for our state, so we are committed to strengthening our resources and infrastructure to ensure that companies in this industry can compete and succeed here and in markets around the world.”
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France Snared In Debt Crisis Crossfire
NPR
I'm Steve Inskeep. Just to review the week we're all living through, Standard & Poor's downgraded US government debt, and markets dived around the world. INSKEEP: The Federal Reserve made a reassuring move, and global markets briefly soared. ...
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HP Offers Integrated Management for IT Services
PCWorld
"This offering is for our top 500 customers. It is a large enterprise play," Yates said. Such customers, Yates said, "have the biggest IT spend, have the biggest scope, have the largest globalfootprint -- and they have the biggest challenge in ...
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Global Poker Index: "ElkY" Still On Top While "Nacho" Slips ...
While the Global Poker Index top ten didn't see much change, Jose "Nacho" Barbero took a big tumble in this week's rankings. ... About PokerNews. PokerNews.com is the world's leading poker website. Among other things, visitors will find a daily dose of articles with the latest poker news, live reporting from tournaments, exclusive videos and so much more. Local sites · Sign in · Create account. Search Submit. Facebook · Twitter · YouTube · RSS ...
Poker News
General Assembly Chief Visits Argentina
Breaking News: Obama Announces First Ever Oil Savings Standards. Find more stories recommended by Stumbleupon. ... The "green economy, global economic governance and thecurrent economic situation, migration in a global world, the situation in the Middle East as well as the roles of Argentina [current chair of the Group of 77 and China] and of Latin America in a globalized world were discussed," according to a statement. Mr. Deiss - who steps down as Assembly President ...
NewsBlaze.com Current News - Top Stories
Investorideas.com Newswire - Solar News; Solarplaza Top 10 Solar ...
ROTTERDAM - August 10, 2011 (Investorideas.com renewable energy/green newswire) Solarplaza has released a new Top 10 overview on its website (www.solarplaza.com), this time listing the largest Solar PV power plants in the world. .... Solarplaza is the independent global platform for knowledge, trade missions and events related to solar energy. Solarplaza is located in Rotterdam and has already organized over twenty-five international conferences and trade missions in ...
Investorideas.com renewable energy...
World News Brief, Friday August 12 | Pundit
By Daily Digest
World News Brief, Friday August 12. France plans austerity measures to stave off ratings downgrade;Global markets volatile on back of Euro concerns; Backgrounder on Eurozone; Bali bomber extradited from Pakistan; Syrian forces storm border town; Cameron defends police cuts, says riots "not about poverty"; Apple becoms world's largest company; and more. Top of the Agenda: Eurozone Focus Shifts to France. Amid investor fears that France could be next in line to have its ...
Pundit
Emirates Post leads the Gulf participation effectively in the ...
With the active and distinguished participation of Emirates Post, the United Arab Emirates headed the Gulf Cooperation Council states(GCC) in the international stamps exhibition in Japan (. ... more Emirates Post news. The exhibition was inaugurated by the Emperor of Japan's wife Princess Takamado, Honorary President of the exhibition in the presence of a number of ambassadors and prominent figures in Japanese society and a number of top philatelists and stamp collectors ...
AMEinfo.com Latest News
Merck and Serum Institute Announce ... - Breaking World Pharma News
By Administrator
Breaking News: Merck and Serum Institute Announce Collaboration » Merck (NYSE: MRK), known outside the United States and Canada as MSD, ... Results of ROCKET AF Study of Bayer's Xarelto® (Ri... » Data published in the New England Journal ... Today's Merck is a global healthcare leader working to help the world be well. Merck is known as MSD outside the United States and Canada. Through our prescription medicines, vaccines, biologic therapies, and consumer care and animal ...
Breaking World Pharma News
New Technology Could Capture Ammonia from Liquid Manure
COLLEGE STATION – Though it may not sound very glamorous, a new method of extracting ammonium from liquid animal manure could be exciting news for both confined animal operations and environmental groups, according to a Texas AgriLife ... WASHINGTON, May 11—Researchers from around the world will present the latest breakthroughs in electro-optics, innovative developments in laser science, and commercial applications in photonics at the 2010 Conference on Lasers and ...
ScienceNewsline - Top Science News
Wozniacki out, Sharapova, Serena in last 16 | Pakistan Today ...
By fraaz
Wozniacki headed a solid Toronto field that boasted the top 20 women players in the world, but Williams, unseeded after an 11-month layoff that ended in June, has grabbed the spotlight. After barely breaking sweat in a 46-minute opening match against Alona Bondarenko, Williams was forced to work a little harder to get by Germany's Julia Goerges 6-1 7-6. ... Follow Us. To stay updated withlatest news please follow us on ...
Pakistan Today | Latest news,...
America's Cup World Series at Cascais, Portugal - Day 4 - Yachts ...
Emirates Team New Zealand is quickly becoming the star of the show at the America's Cup WorldSeries – Cascais. For the second consecutive day, the Kiwis earned maximum points.
Latest news from Yachts and Yachting...
Breaking News - USA Network Orders Season Two of Hit Original ...
SUITS delves into the fast-paced, high-stakes world of a top Manhattan corporate law firm where hotshot associate Harvey Specter (Macht) makes a risky move by hiring Mike Ross (Adams), a brilliant but unmotivated college dropout, ... is a program service of NBC Universal Cable a division of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. ...
thefutoncritic.com - breaking news
After Hollywood: the rise of the international box office | Film ...
By Phil Hoad
@mike65ie Think multiplexes becomes a very complicated subject when you're talking on a globalscale. They do seem like old (and rather depressing) news in the UK market. Massive expansion programmes going on elsewhere in the world, ...
Film: Film blog | guardian.co.uk
ASEAN set to raise its Global profile | Live Stock Trading News ...
By Shayne Heffernan
ASEAN set to raise its Global profile The Association of Southeast Asia Nations (ASEAN) is set raise its profile amidst Global debt crisis, as the bloc is.
Live Stock Trading News | Equities,...
Android Has Almost 3X The Global OS Market Share Of iOS » Android ...
By The Droid Guy
The great news was for Android. Actually it turns out Android and Apple command almost 62% of the total global smartphone market share. When you break it down though Android has 43.4% of the market and iOS has 18.3% of the global market. ... As far as manufacturers go, Nokia held onto thetop spot in the global market with 22.8% while Samsung came in second place with 16.3% of the market. Apple came in at 4.6%. While Samsung has devices out with both Windows Phone 7 and ...
Android Phones, Android Tablets,...
NewsAmericasNow.com – Daily News, Sports, Business, Immigration ...
By felicia
Americas - International - Latin America, Caribbean News & Lifestyle Features. ... De La Torre this week warned that a worsening of the current turbulence, or as he called it, “a global turmoil of immense magnitude,” could impact Latin America's ability to grow. “Not even the best immune system in the world could withstand these kinds of attacks,” he stated. The chief economist said a 'worsening' would materialize if Europe and United States and other developed countries ...
NewsAmericasNow.com - Daily News,...
Cameron denies austerity drive caused UK riots - World News - IBNLive
Prime Minister David Cameron blamed the worst riots in Britain for decades on street gang members and opportunistic looters and denied government austerity measures or poverty caused the violence in London and other major English ...
IBN Top Headlines
Pundits' stock rises and falls - Entertainment Wire - The Olympian ...
It's one thing when CNBC's Jim Cramer or Rick Santelli get agitated - they've made their names with over-the-top reactions to the vagaries of the marketplace. But after four days of triple-digit shifts, even CNN Money's Poppy Harlow ... It was good news for the business channels. From a week ago Thursday to Tuesday, the daytime audience for CNBC jumped 68 percent, the nighttime audience 111 percent; Fox Business grew 258 percent in the day and 162 percent at night. ...
The Olympian Online -- Entertainment...
NewsDaily: Sarkozy and Merkel to discuss euro zone on Tuesday
By Catherine Bremer
Sarkozy's office said the two leaders would meet in Paris at 1400 GMT and hold a news conference and a working dinner. The French leader said after a July 21 emergency summit of euro zone leaders that Paris and Berlin would put forward joint proposals in August on improving euro zone ... Sarkozy held emergency talks with top ministers on Wednesday after France was hard hit by market turbulence that has wiped some $4 trillion off the value of global stocks this month. ...
United Arab Emirates - Breaking News - Read Online or Subscribe
United Arab Emirates news - breaking news direct from organisations - read ... Lost BoysInternational (LBi) launches CSR initiative 'The Spirit of Ramadan'. ... 2011 - TNT Express Middle East, the leading global Express Company, .... APT Hosts Seminar on Latest Developments of Milastomer in the Automotive Industry ...
news.prlog.org/ae/

USA News, Aug 12, 2011


Rattled investors have no safe place to wait out stock storm
USA Today
By Sandra Block, USA TODAY When the US was on the verge of defaulting on its debts for the first time in history, Jon Lannom, 55, of Dallas, moved his retirement savings into money market funds. Default was averted, but Lannom has no regrets. ...
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USA Today
Texas Gov. Rick Perry banks on high-dollar donors
USA Today
By Fredreka Schouten and Christopher Schnaars, USA TODAY WASHINGTON — Texas Gov. Rick Perry, poised to enter the presidential race this weekend, is a fundraising powerhouse who has relied on a cadre of Republican mega-donors to collect more than $100 ...
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USA Today
Is there any other way to save the US economy apart from printing more dollars?
«Market Leader» - news and previews making you rich.
First everybody waited for August 2nd – the X-day – when Barack Obama could have announced a technical default of the world's biggest economy. Fortunately, the Congress and Obama's administration agreed to lift the federal debt limit. ...
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«Market Leader» - news and previews making you rich.
S&P—The New Villain Of Obama Administration
Technorati
S&P is the new villain in the financial world for downgrading the credit rating of USA. It is the same rating agency that had consistently given the failed Lehman Brothers and other financial institutions top rating when they did not deserve that. ...
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Technorati
The Presidential Planner: The Economy and Fundraising
ABC News (blog)
in other words,the exact opposite of Barack Obama.What do you have to watch out for when you hike in La Crosse? 59% disapproval rate of the Republican party. Approval of Tea party at 25%. A recent USA Today/Gallup poll released on Tuesday shows that 51 ...
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One of These Is Not Like the Other
Canada Free Press
In their view, you are more likely to pay back the money you borrow with interest; you are less likely to default or go bankrupt or otherwise prove to be a black hole down which their money was thrown. Your credit score goes down, however, ...
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Africa: US Debt Ceiling Debate And the Alternatives
AllAfrica.com
Without excessive exaggeration, one might say of the United States today what once was said of Prussia -- that it is a state owned by its army.' What Pfaff did not ask is who owns the military? Whose interest does the military serve? ...
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Sovereign Debt Pressure Spreads to Insurers’ Balance Sheets: AM Best
Insurance Journal
If the US itself is reduced, who's higher rated than the USA? Let's get real. The US will not default, even if it has to reduce its welfare state a little, or somehow mortgage the future of every baby born since the year 2000. LOL… ...
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George Osborne: The do-nothing chancellor
The Guardian
On the western flank, Barack Obama has been floored by a tag team of Republicans and credit-rating agencies. Even in the former bright spots of Asia, there are doubts about the sustainability of China and India's boom. At a time when credit ratings for ...
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Live: Republicans debate in Iowa
USA Today
By David Jackson, USA TODAY The Republican candidates debated tonight in Ames, Iowa -- most of them anyway; Texas Gov. Rick Perry makes his candidacy official this weekend. Mixing it up tonight were former Massachusetts governor Mitt Romney; US Rep. ...
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USA Today
Voter ID Equals 'Jim Crow'? Nonsense!
Dakota Voice
By Gina Miller on August 11th, 2011 On Tuesday's broadcast I featured the deranged thinking of the communist Left that was displayed in a column from the Communist Party USA's website written by someone calling himself Gus Hall (although I doubt it was ...
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Most Americans say US on wrong track: Poll
Business Times - Malaysia
A USA Today/Gallup poll this week suggested possible evidence of an anti-incumbent wave building, saying only 24 per cent of Americans believe most members of Congress deserve re-election, the lowest percentage since Gallup began asking the question in ...
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Default, America!
BullionVault
But make no mistake, it will get better. In fact, at this point, a US default is the only conceivable remedy to our debt affliction. You see, the United States has been able to coast on its top-tier credit rating for far too long. ...
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Default Or Not Default? GOP Leader: 'We're Very Close' To Debt ...
GOP leader: 'We're very close' to debt deal with Obama (USA Today): ... Late Attempt at Debt-Limit Deal to Avert Default (Fox News) ...
www.infiniteunknown.net/.../default-or-not-default-gop-leader...
Obama: 50 years old today, with a crisis in U.S.
President Barack Obama today will be a time in his busy schedule to ... Sign up, become my fan and join me in changing the face of online news! .... Barack Obama announced a last-minute deal on Sunday to avert a possible default by ...
www.allvoices.com/.../9861005-obama-50-years-old-today-wi...

GREECE News, Jun 12, 2011


Euro Falls Before Factory Output, Greece GDP Data; Kiwi Slides
BusinessWeek
Industrial production in the euro area was unchanged in June after a 0.2 percent increase in May, according to a Bloomberg News survey of economists before a report from the European Union's statistics office in Luxembourg today. Greece, which is ...
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Greece-Free Banks Beat Global Peers by Most Since 2009: Australia Credit
Bloomberg
Australian banks have no investments in Greece, compared with $56.7 billion owed to French banks, according to data from the Bank for International Settlements as of the end of 2010. A second bailout for Greece in July failed to bolster investor ...
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Greek union launches privatisation lawsuit
Morning Star Online
by Our Foreign Desk Greece's main civil servants' union announced today that it will file lawsuits against the nominally Socialist government over its €50 billion (£44bn) privatisation programme. It branded the EU-IMF mandated fire-sale an act of ...
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Turkey Curbs Short-Selling After Bans in Greece, South Korea
San Francisco Chronicle
The Istanbul Stock Exchange raised the minimum cash or equity required to initiate a short-sale to 70 percent from 50 percent and said any violations could be met with "severe penalties," according to an e-mailed statement today. In a short sale, ...
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Crude Oil Drops From 4-Day High in New York, First Decline in Three Days
Bloomberg
Futures slid as much as 1.3 percent today, ending a two-day climb. Crude has traded from $75.71 a barrel, a 10-month low, to as high as $85.97 in intraday trading this week. Reports today may show manufacturing stalled in the euro region and Greece's ...
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European Stocks Rally the Most Since May 2010; Salzgitter Surges
San Francisco Chronicle
National benchmark indexes rose in every western European market except Denmark and Greece today. The UK's FTSE 100 Index increased 3.1 percent and Germany's DAX Index soared 3.3 percent. France's CAC 40 Index climbed 2.9 percent. ...
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A Free-Market Sovereign Debt Manifesto
The Market Oracle
I enjoyed an “off-the-record” private dinner several days ago with an ambassador representing one of Greece's closest allies. His experienced view on the Greek situation today probably parallels the opinion of most governments and the EU establishment, ...
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The Market Oracle
Ground breaking at Dewey Ave. Walmart in Greece today - Greece, NY ...
Greece Post - A groundbreaking celebration for the new Greece Walmart store on Dewey Avenue will take place today at 1 p.m. Greece town officials and ...
www.greecepost.com/.../Dewey-Ave-Walmart-in-Greece-to-op...