Australian nickel mining company Poseidon Nickel has laid off a number of mining contractors due to a current shortfall in work across the industry. The Australian nickel explorer said the company would also bring its previously planned six-month drill program at its Mr. Windarra project to a temporary halt. Poseidon made the announcement after reporting a 121% increase in Probable nickel ...
India faces import restrictions in US
The government of India has blamed prohibitive costs for the quantity of fruit shipped from the country. Fruit quantities have not climbed significantly, despite an agreement with Washington, in which it was agreed the US market would take Indian mangoes if they were irradiated to cut the risk of fruit flies and stone weevil. Talks on how the irradiation treatment will work on all forms of ...
World waits for financial renewal
Sentiment for shares has been increasing, with investors a little more confident in the world's major central banks. A rally in financial markets during the week spread across stocks and bonds following hints from the US Federal Reserve that it may continue to support the markets. Market players were reassured after a suggestion by the US Federal Reserve that the Fed had little reason to ...
Investment negotiations next step for US and China
Negotiations are likely to re-start in full between China and the United States on how the two countries can successfully invest in each others' economies. A "Bilateral Investment Treaty" will involve China and the US agreeing to include all sectors of the dual economies and the different stages of investment. Beijing has now agreed to drop previous efforts to exempt certain sectors of its ...
Iran wants investors to take up oil invite
Iranian Oil Minister Rostam Qasemi has urged foreign oil traders and investors not to lose the opportunity of making investments in Iran's lucrative oil and gas industry. At an international conference, hosted by the Munich Security Conference Foundation, he met with Iranian and German oil managers and economic activists to outline the potential for investors in the Islamic Republic's oil, ...
Sichuan contains impressive new Chinese building
It's been dubbed the world's biggest building and can hold 20 Sydney Opera Houses. And the New Century Global Centre in China's Sichuan province is the only place you can ice skate, sleep in a five star hotel and catch some sun on the beach, without ever stepping outside. A huge man-made lake has been designed outside the main building The newly-built glass dome is also three times the ...
New protests come from Rio trade unions
Clashes broke out in Rio de Janeiro during the week as tens of thousands of trade union protesters blocked roads and ports in several Brazilian cities. The protests started during a one-day strike on Thursday, with workers hoping to keep the momentum from mass protests which swept the country in June, sending shockwaves through the government. Police fired tear gas on masked protesters who ...
Coca-Cola in overdrive to lure Chinese youngsters with targeted marketing campaigns
Coca-Cola Co has launched a series of marketing campaigns to meet the demand of the younger Chinese generations. Last month, the world's largest beverage company had introduced 'nickname bottles', a set of eye-catching bottles with innovative labels. According to China Daily, the nickname bottles bear the marks of the social media generations. The first batch of bottle designs pick ups on ...
Future US economic competitiveness increasingly tied to well-being of minority children
WASHINGTON -- One-year-old Ka'Lani is so fascinated by a round plastic toy that she doesn't see her mother, Ke'sha Scrivner, walk into the Martha's Table day care, chanting her name while softly clapping out a beat that Ka'Lani keeps with a few bounces on her bottom. Once on welfare, Scrivner worked her way off by studying early childhood education and landing a ...
14 Dangerous Emails to Avoid
3 Times It's Crucial to Monitor Your Credit For your amazement and unbridled reading pleasure, I've compiled an extensive -- though not complete -- list of dangerous emails containing the major phishing scams circulating right ...
Market Snapshot Earnings to test record-high stock prices
SAN FRANCISCO (MarketWatch) -- With stocks near all-time highs, expect markets to be volatile as earnings season plays out. Investors need to take a longer-term view, say ...
Spain out of recession must nurture recovery minister
MADRID (Reuters) - Spain's economy will grow in the second half of the year but the government must implement reforms and cut the deficit - at the right pace - to keep the recovery going, Economy Minister Luis De Guindos said in an interview published on ...
Top 5 Business Stories to Watch This Week
Boeing?s 787 Dreamliner .?The giant plane maker might have thought it had put the grounding and battery problems ?in its rear-view mirror, but that doesn?t seem to be the case. Boeing has placed a big bet on this new wide-body, long range fleet. So far, demand for the plane has remained solid, but one wonders what will happen if problems linger. Boeing shares fell sharply ...
Washingtons newest power couple use beer and burgers to forge friendships promote tax reform
ST. PAUL, Minn. -- Welcome to the "Max and Dave Show," a campaign-style swing around the country featuring two of the most powerful members of Congress rallying support for their effort to overhaul the nation's tax laws -- and, just maybe, change the way Washington works. Sen. Max Baucus, a Democrat from Montana, and Rep. Dave Camp, a Republican from Michigan, are ...
MnDOT app will help drivers navigate Minn. roads
ST. PAUL, Minn. -- Information about Minnesota highway construction, crashes and other road incidents is now just a swipe of your smart phone away with a new app from the state Department of Transportation. Department officials say it can be an important tool for the growing number of smartphone owners who use the device to help plot driving routes. The app will help users estimate the driving ...
Stocks to Watch Citigroup Boeing are Monday?s stocks to watch
SAN FRANCISCO (MarketWatch) -- Shares of Citigroup Inc. are likely to be active Monday, with the bank scheduled to report quarterly earnings before trading ...
The sun is out but our economy remains under a cloud
Many years ago I spotted a correlation (a favourite word among economists) between a certain financial commentator's daily pronouncements on the state of the economy and the weather. When it was sunny, the news was always being interpreted as being good; when it was miserable there appeared to be a sudden downturn in the economic outlook.This came back to me during the recent spell of hot ...
China shoppers seek Prada closer to home
Not every Chinese shopper can buy their Prada in Paris or their Max Mara in Milan. As China's middle class swells, foreign and domestic retail groups are opening discount outlet malls in China to help mainlanders get luxury bargains closer to home - preferably while pretending that they are really somewhere else. Value Retail, the European discount luxury outlet chain, says three out of ...
Lifestyle Microsofts work with security agency revealed
NSA only took place because legal obligations required it to do so. The revelations come as some technologists start work on services they say will be impervious to spying. Secure view The information published in ...
Stocks Buying and holding big winners not easy
Any consistently successful investor will tell you that the secret behind accumulating wealth in the stock market is to cut your losers short and let your winners ...
Ben van Beurden to be next Chief Executive Officer of Royal Dutch Shell plc
The Board of Royal Dutch Shell plc july 9, 2013 announced that Ben van Beurden will succeed Peter Voser as Chief Executive Officer, effective 1 January 2014. Peter Voser will leave Shell at the end of March 2014, marking the end of 29 years with the Company. Van Beurden, 55, has been Downstream Director since January 2013. "I am delighted to announce Ben van Beurden as the next Chief ...
Older homeowners accused of muscling in on first-time buyers
Baby-boomers, already accused of enjoying free university education and final salary pensions denied to younger generations, are now in the dock for snapping up smaller homes that would traditionally go ...
Source: http://www.australiannews.net/index.php/sid/215818501/scat/3a8a80d6f705f8cc
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