China's Swiss watch imports decrease in Q1
Source: Chinadaily
Zurich :: Switzerland | updated 2013-06-19 03:32:26 -0700 | business-news
China imported 77,771 watches from Switzerland in 2012, down from 87,894 units in 2011, according to the report released Tuesday. However, as the average price increased, the import value in 2012 was about 1.65 billion Swiss francs ($1.79 billion), slightly...
Africa: Helen Clark Leads CNNi Twitter Chat On Role of Emerging Economies in Development
Source: All Africa
Mumbai :: India | updated 2013-06-19 03:32:17 -0700 | business-news
UN Development Chief Helen Clark said today that developed and developing countries need each other in the global economic crisis, and that a burgeoning middle class in developing countries can help drive green growth. Brazil, Russia, India, China and South...
The pros and cons of reverse mortgages for retirees
Source: The Globe & Mail
Barrie :: Canada | updated 2013-06-19 03:09:06 -0700 | business-news
Special to The Globe and Mail Last updated Tuesday, Jun. 18 2013, 11:06 AM EDT A senior contemplates getting a reverse mortgage (Photos.com) It's no secret that many Canadians are heading toward retirement without much money in the bank. In...
Why the Fed's QE Policy is Bullish for Oil Prices
Source: Money Morning
New York City :: NY :: USA | updated 2013-06-19 03:02:44 -0700 | business-news
Most investors have followed what the Fed's QE policy has done to gold, but few realize its impact on oil prices . Recently, I talked about how crude was beginning to occupy a position as a store of market value...
Play a Spending Surge with these Two Electronics Stocks to Buy Now
Source: Money Morning
Baltimore :: MD :: USA | updated 2013-06-19 03:02:46 -0700 | business-news
The stock market has a tendency to focus on the very short-term and this can often create bargains with superior potential for long-term investors when their looking for stocks to buy now. This appears to be what is happening right...
Revival of Red Flag car brand
Source: Chinadaily
Shanghai :: China | updated 2013-06-19 02:28:58 -0700 | business-news
The national brand has been revived to compete in the domestic luxury car market. This is one of the oldest nameplates in Chinese automaker history. First produced in 1958, the luxury sedan, whose name Hongqi means Red Flag in English,...
Mexican food exports to China to reach $1b: minister
Source: Chinadaily
Mexico City :: Mexico | updated 2013-06-19 02:28:34 -0700 | business-news
Mexico would export food valued at least $1 billion to China over the next 12 to 18 months, Agriculture Minister Enrique Martinez said Tuesday. Martinez spoke of his recent visit to China at a press conference, with motives to follow...
Germany's Telepool Buys VOD Group Videobuster.de
Source: Hollywood Reporter Film
Cologne :: Germany | updated 2013-06-19 02:20:36 -0700 | business-news
The Munich-based rights group plans to use the online service to expand its traditional home entertainment business. Germany German rights group Telepool has bought Netleih, the home entertainment group that controls VOD service videobuster.de. The deal, financial details of which...
Banking licence aspirants scramble to meet RBI norms
Source: India Abroad
Mumbai :: India | updated 2013-06-19 01:41:40 -0700 | business-news
It has engaged the services of a panel of advisors with expertise in tax, structuring and business. Religare promoters' proposed stake sale will earn them Rs 1,074 crore (according to Tuesday's closing price of Rs 316 on the National Stock...
Rate cut hopes only from Subbarao's successor
Source: India Abroad
Mumbai :: India | updated 2013-06-19 01:41:34 -0700 | business-news
In September, Subbarao will complete a five-year term as the governor. Although a governor can be re-appointed, Subbarao, in media interactions, had indicated he is not keen to continue beyond September. Market watchers' views are based on the statement by...
Amazon builds a grocery business from the ashes of Webvan
Source: India Abroad
San Francisco :: CA :: USA | updated 2013-06-19 00:27:38 -0700 | business-news
But another executive argued the company should press on because of promises made to Wall Street investors, Hegde said...Webvan not only launched in many cities, it also offered service across entire metro areas. That resulted in the company's delivery trucks...
IT industry will grow 13-14%: Som Mittal
Source: India Abroad
London :: United Kingdom | updated 2013-06-19 00:27:33 -0700 | business-news
At present, the US, the UK and other European markets contribute to around 90 per cent of the total business, while other markets, including India, China and Latin America, contribute the rest. "Only three per cent of the business we...
Blacklisting companies? What the govt must do
Source: India Abroad
Los Angeles :: CA :: USA | updated 2013-06-19 00:27:32 -0700 | business-news
NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News Blacklisting companies? What the govt must do June 19, 2013 11:50 IST E very government and organisation has a blacklist of companies and people...
US court upholds Exim Bank loan for Air India
Source: India Abroad
Atlantic City :: NJ :: USA | updated 2013-06-19 00:27:31 -0700 | business-news
NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News A US court has rejected a plea by the Delta Airlines to vacate the US Export-Import Bank's support for the sale of 30 Boeing...
We have to work round the clock: Girija Vyas
Source: India Abroad
Mumbai :: India | updated 2013-06-19 00:24:06 -0700 | business-news
My aim will be to get the Real Estate (Regulation and Development) Bill, recently cleared by the cabinet, tabled and passed in Parliament. The other important one is the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill....
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