FTSE 100 falls 2% as investors fret over Brexit
Source: BBC By Chris Johnston Business reporter Stock markets across Europe fell on Tuesday as investors weighed up the consequences of next week’s EU referendum vote. The FTSE 100 in […]
What’s in a name: Is ‘Isis’ too toxic for businesses to use?
Source: BBC Originally the name of an ancient Egyptian goddess, in Oxford “Isis” is merely the name for the River Thames within the city’s boundaries. And the name’s been very […]
Even desert city Dubai imports its sand. This is why
Source: BBC By Renuka Rayasam Sand. We take it for granted. From deserts to beaches to children’s playgrounds, it seems ubiquitous. Yet the abundant resource is feeding a global land grab that’s even bred a sand-smuggling underworld. I was shocked that people would fight for sand. While researching beach erosion […]
Public Predictions for the Future of Workforce Automation
Source: Pew Research Center A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts BY AARON SMITH From self-driving vehicles and semi-autonomous robots to […]
PERSONNEL POLICIES: What Companies Can Do When Work and Religion Conflict
Kabrina Krebel Chang MARCH 15, 2016 Since 2007, the number of complaints for religious discrimination filed with the U.S. Equal Employment Opportunity Commission (EEOC) has risen significantly. It’s not hard to see why: An increase in immigrants of diverse faiths, greater workforce diversity, and the globalization of business all play […]
No joke: Why the business world is embracing comedy
Source: BBC Did you hear the one about the boss who was asked how many people work in his company? About half of them on a good day, he replied. […]
Uber car-hire app losing $1bn in China every year, says CEO
Source: BBC App-based car-hire service Uber is losing more than $1bn (£699m) a year in China, as it struggles against what it called a “fierce competitor”. Uber CEO Travis Kalanick […]
The story of Coke’s rise on the Gaza strip
Source: BBC Zahi Khouri was nine when his Palestinian Christian family left their home in Jaffa. It was 1948; modern Israel was being born, and his parents, listening to the […]
Are US businesses doing enough to support religious diversity in the workplace?
theguardian: by Alison Moodie — Religious discrimination claims in the US have doubled since 2001. Should businesses take more steps to ensure every employee feels valued? Samanth Elauf stands with her mother outside the US Supreme Court in Washington in February 2015. Elauf was denied a sales job at an […]
China’s Haier to Buy GE Appliance Business for $5.4 Billion
Source: The Wall Street Journal BEIJING— General Electric Co. agreed to sell its appliance unit for $5.4 billion to Chinese manufacturer Haier Group, which is looking to expand its products […]
Oil prices will reach $70 a barrel by 2020, says Opec
Source: BBC Oil producers’ group Opec has said it expects oil prices to recover to $70 a barrel by 2020. Prices have fallen from more than $110 a barrel in […]
Atif Mian’s “House of Debt” makes it to the Best of the Best Reading list for 2014
fivethirtyeight.com There Are Way Too Many ‘Best Of 2014′ Lists By HAYLEY MUNGUIA They’re everywhere. You can’t escape them. You can even set your watch by them. Every year, as the air begins to chill and radio stations begin flipping the Christmas music switch, the inevitable comes: the annual year-end […]
With the US led strikes on Isis intensifying, it is a good time to be a shareholder in the merchants of death. Last month American warships fired $65.8m worth of Tomahawk missiles within just 24 hours of each other
by Robert Fisk, The Independent So who is winning the war? Isis? Us? The Kurds (remember them?) The Syrians? The Iraqis? Do we even remember the war? Not at all. […]
Let’s Do More Business Together – Obama to African Leaders
The United States needs to “up our game” and do much more to promote business with Africa, President Obama told the Business Forum at the U.S.-Africa Summit. He announced a series of actions ” to take our trade with Africa to the next level.” Following his speech, the president sat […]
Religious Freedom Linked to Economic Growth, Finds Global Study
Washington, D.C., May 29, 2014 – Religious freedom is one of only three factors significantly associated with global economic growth, according to a new study by researchers at Georgetown University and Brigham Young University. The study looked at GDP growth for 173 countries in 2011 and controlled for two-dozen different financial, social, and […]
Indonesia testing Cadbury products after pork traces
Indonesian authorities said on Friday they were testing products made by British confectioner Cadbury to check they complied with Islamic standards after two chocolate varieties in neighbouring Malaysia were found to be contaminated with pork DNA. The scandal over the ingredient banned under Islamic dietary laws has sparked outrage among […]
How the Philippines is crushing the Indian call center business
Global Post: by Patrick Winn — BANGKOK, Thailand — It’s a call center cliche, familiar to many Americans who’ve picked up phones to contest bogus bank charges or gripe about a laptop on the skids. The agent who answers goes by a common US name, perhaps Larry or Jennifer. Yet the accent […]
CAPITAL FOR WOMEN ENTREPRENEURS
Goldman Sachs — Goldman Sachs 10,000 Women and the World Bank’s International Finance Corporation (IFC) recently announceda partnership to create the first-ever global finance facility for women-owned small and medium sized enterprises (SMEs). The fund will raise up to $600 million to encourage banks in local markets to lend to women owned SMEs. […]
Tesco’s $110m India expansion given go-ahead
Source: BBC Tesco’s plans for expansion into India have been approved by the country’s government. The British retail giant intends to invest $110m (£68m) in India’s closely-protected retail sector. It will set up a chain of supermarkets in partnership with the Indian Tata Group. Tesco is the first global food […]
Tesco's $110m India expansion given go-ahead
Source: BBC Tesco’s plans for expansion into India have been approved by the country’s government. The British retail giant intends to invest $110m (£68m) in India’s closely-protected retail sector. It will set up a chain of supermarkets in partnership with the Indian Tata Group. Tesco is the first global food […]