TRADE WARS

News About World Trade

7,447 articles

Global fears shackle India's outsourcing job-hoppers
Aug 06, 2012 (AFP)
The employee turnover rate in India's notoriously job-hopping outsourcing sector has fallen sharply as a weak global economy hits the flagship industry, a study...
Philippine mining reforms ignored at gold-rush site
Aug 05, 2012 (AFP)
The Philippine government wants to close thousands of small-scale mines blamed for environmental devastation, but Reynaldo Elejorde insists his chaotic gold-rus...
Australian opposition wants more foreign investment scrutiny
Aug 03, 2012 (AFP)
Australia's conservative opposition on Friday earmarked tighter scrutiny of foreign investment in agriculture as a priority if the party is elected to governmen...
Kenyans weigh cost of Chinese investment
Aug 03, 2012 (UPI)
Mwaura Kimani swiftly engages and alternates the gears as he speeds down the Thika Superhighway. A matatu (taxi bus) driver for more than 8 years, Kimani recall...
Paraguay row set to weaken Mercosur pact
Aug 03, 2012 (UPI)
Paraguay's escalating diplomatic conflict with neighbors over its suspension from Mercosur and threatened exclusion from the Organization of American States sho...
Thousands march in rival protests at Italian steel giant
Aug 02, 2012 (AFP)
Thousands of Italians took to the streets in the southern city of Taranto Thursday in rival protests over the closure of one of Europe's largest steel plants du...
Oracle fined $2 mn for off-books payments in India
Aug 02, 2012 (AFP)
Software and systems giant Oracle was fined $2 million Thursday to resolve charges that its India subsidiary kept a multi-million dollar off-books slush fund. T...
Australia's Sundance: China approves Hanlong deal
Aug 02, 2012 (AFP)
Australia's Sundance Resources Thursday said regulators in Beijing have given the go-ahead to a proposed Aus$1.65 billion (US$1.65 billion) takever by Chinese s...
Big cash stockpile puts US tech firms on the spot
Aug 01, 2012 (AFP)
Apple has more than $81 billion parked overseas. Microsoft has $54 billion, Google $43 billion and Cisco $42 billion. Being flush with cash is a good thing, but...
Greenpeace report exposes land sell-off
Aug 01, 2012 (UPI)
A Greenpeace report says that more than 12.35 million acres of customary-owned land in Papua New Guinea have been "given away" to foreign-owned corporations and...
Chinese bids welcomed in $42 bn Australian asset sale
Jul 31, 2012 (AFP)
Chinese state-owned firms will be welcome to buy Australian government assets in an upcoming sale worth more than Aus$40 billion (US$42 billion), a top official...
L'Oreal heiress sells island paradise in Seychelles
Jul 31, 2012 (AFP)
L'Oreal heiress Liliane Bettencourt, France's richest woman, has sold a string of private islands in the Seychelles to a firm linked to an ocean conservation fo...
Driven by China sales, luxury goods buck economic slowdown
Jul 29, 2012 (AFP)
Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensi...
China's advantages counteract rising pay: analysts
Jul 29, 2012 (AFP)
Rapid wage increases are threatening China's competitiveness, but improved productivity and other advantages mean it will continue to attract investors, analyst...
BHP warns of spending cuts as China cools
Jul 28, 2012 (AFP)
Mining giant BHP Billiton warned Saturday that it needed to reduce its cost base and slash non-essential spending as China cooled faster than expected, "signifi...
Crisis forces profit warning at German tech giant Siemens
Jul 26, 2012 (AFP)
German engineering giant Siemens said Thursday it would be harder to achieve its annual profit targets, as the gloomy global economic mood weighed on orders, es...
Japan posts record first-half trade deficit
Jul 25, 2012 (AFP)
Japan posted a record first-half trade deficit of $37.3 billion Wednesday as energy costs soared and exports to key markets slumped, while analysts warned of fu...
London Metal Exchange shareholders approve Hong Kong sale
Jul 25, 2012 (AFP)
London Metal Exchange shareholders have voted overwhelmingly in favour of its proposed takeover by the Hong Kong stock exchange, the LME announced on Wednesday....
Indian outsourcer HCL reports 67% jump in quarterly profit
Jul 25, 2012 (AFP)
India's fourth-biggest outsourcing company, HCL Technologies, reported on Wednesday a 67 percent jump in quarterly net profit from a year earlier as client orde...
EU regulators suspect worldwide cartel in CD, DVD drives
Jul 24, 2012 (AFP)
The European Commission on Tuesday said it had sent a "statement of objections" to 13 firms suspected of taking part in a cartel for optical disk drives, used t...
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