Souce: PBS Paul Solman of PBS Newshour recently went to a conference run by a California think tank called Singularity University to learn the future of human workers. Solman noted that as far back as the Roman empire, people had worried about being displaced by machines. Emperor Vespasian, who built […]
PARIS — Data underscoring the depth of Spain’s economic problems dampened investor enthusiasm in Europe, but most stock markets turned positive as Wall Street opened. Spanish retail sales fell in April by a record 9.8 percent from a year earlier, the 22nd consecutive monthly decline, the government statistics institute said […]
EU keen on Fiji sugar 13:10 Sun May 27, 2012 Permanent Secretary for Sugar Colonel Manasa VaniqiTaken from/By: FBC News Report by: Epeli Tukuwasa There is a likelihood that the European Sugar Market will extends it preferential agreement made with ACP Countries, including Fiji. This was revealed by the Permanent Secretary for […]
Source: The New York Times JACI PARANÁ, Brazil — The revolt here on the banks of the Madeira River, the Amazon’s largest tributary, flared after sunset. At the simmering end of a 26-day strike by 17,000 workers last month, a faction of laborers who were furious over wages and living conditions […]
by Armando Mombelli, swissinfo.ch Many European countries are turning away from atomic power to focus on renewable energies. Switzerland’s water reservoirs could make up for future gaps in supply. Snowy […]
RIYADH: MD RASOOLDEEN ARABNEWS Labor Minister Adel Fakeih told members of the Shoura Council yesterday that the Kingdom’s Saudization program is well on track and the ministry was able to find jobs for 195,000 Saudi men and 51,000 women over the past few months. Fakeih was addressing the 38th regular […]
Petra | May 27,2012 | JORDAN TIMES AMMAN — The Kingdom’s annual pharmaceutical exports amount to $650 million, Jordan Food and Drug Administration (JFDA) Director General Hayel Obeidat said on Sunday. Inaugurating a workshop for workers in pharmaceutical studies, Obeidat said Jordan exports pharmaceuticals to 60 countries. NOTE by the […]
In a dramatic call for a rethink on the economy, the ex-Tory favourite claims rhetoric has not been matched by real action. Richard Branson, whose support for Tory economic plans […]
Nick Clegg has warned that the foundations of the eurozone are “weaker than anyone could have predicted”, as he urged Greece to stay in the euro and stick with its […]
MELBOURNE: Mining magnate Sam Chong has become Australia’s first Malaysian-born billionaire as revealed by the latest Business Review Weekly (BRW) Richest 200 list. A self-made man, Chong, 69, who was born in Tanah Rata, Cameron Highlands, increased his wealth by A$50mil (RM153.623mil) from last year’s A$950mil (RM2.918bil). Another Malaysian is […]
by Simon Bradley, swissinfo.ch The Pilatus aircraft manufacturer has confirmed a deal to export 75 PC-7 MkII military training aircraft to India worth $523 million (SFr500 million) – the biggest-ever […]
Business Insider Want to live a better life? Then don’t move to Turkey, which ranked dead last in the OECD’s new quality-of-life index. The organization looked at factors that affect the lives of citizens, including income, housing, jobs, community, education, environment, civic engagement, health, life satisfaction, safety, and work-life balance. These […]
Dr Jarmo T. Kotilaine ARABNEWS After the tumultuous events that led to the ouster of Hosni Mubarak from the presidency of Egypt in February 2011, the country remains amidst a protracted transition with significant economic ramifications. There are a number of uncertainties on the political front, the most important of […]
(Reuters) – Germany dismissed a French-led call for euro zone nations to issue common bonds, a day before a European Union leaders’ summit which investors are looking to for new measures to counter the bloc’s debt crisis. After a torrid week, stock markets rallied on optimism that the Wednesday summit […]
MAKKAH: ARAB NEWS An acute shortage of cement is delaying most commercial and residential projects in Makkah, according to sources in the contracting sector. Amid an unprecedented construction boom featuring […]
by Omar Obeidat |JORDAN TIMES AMMAN –– Oil shale is the “saviour” of Jordan’s economy, according to international oil expert Mamdouh Salameh, who warned that surging global oil prices may […]
NEW YORK (CNNMoney) — It’s a question that could determine if President Obama gets to serve another term: Are you better off than you were four years ago? CNNMoney put the question to six small business owners — Democrats, Republicans and independents. across the political spectrum. Their answer: They are […]
Conflicting signs are emerging in Washington over whether JPMorgan Chase’s surprise trading loss will spur tighter regulation on Wall Street. One of the banking industry’s main regulators appeared to indicate that it would oppose new efforts to rein in risky Wall Street activities, while other regulators emphasized caution. Still, a […]
(Reuters) – U.S. consumer sentiment rose to its highest level in more than four years in early May as Americans were upbeat about the job market and buying plans improved, a survey showed on Friday, offering an encouraging sign for the economic recovery. Separate data earlier in the day showed […]
A black mark for survivor of financial crisis http://hosted.ap.org/dynamic/stories/U/US_JPMORGAN_DIMON?SECTION=HOME&SITE=AP&TEMPLATE=DEFAULT NEW YORK (AP) — The reputation that Jamie Dimon honed for decades on Wall Street has been severely damaged in a matter of days.