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Breaking News Sat, 28 Jan 2012
Hotels - Entrance - Lobby - Lights
(photo: WN / hend)
ITC plans to set up luxury hotel in Sri Lanka
The Hindu
ITC is planning to go overseas with its hotel business and is planning to set up a premium, green, luxury property in the Sri Lankan capital of Colombo. | Confirming the development, an ITC spokesman said “At the moment, it is ITC's first proposed overseas foray to build and manage a hotel. Th...
A Pakistani investor sits on the trading floor of Karachi Stock Exchange in Karachi, Pakistan on Friday, Aug 5, 2011.
(photo: AP / Fareed Khan)
Investors will be watching this week: Can rivals match Wintrust loan growth?
Chicago Business
| (Crain's) - Wintrust Financial Corp., the Chicago area's third-largest bank holding company, is setting a torrid pace for its local mid-sized competitors, which are set to report fourth-quarter results this week. | Lake Forest-based Wintrust increased its commercial and industrial loans by $161 mi...
Twitter's choice: Should it defend free-speech or be a pure commercial venture?
The Times Of India
SAN FRANCISCO: It started five years ago after a young engineer in San Francisco sketched out a quirky little Web tool for telling your friends what you were up to. It became a bullhorn for millions of people worldwide, especially vital in nations th...
West Raleigh apartments sold
The News & Observer
Email Print Order Reprint Share This Share Text tool name | tool goes here BY DAVID RANII - dranii@newsobserver.com BY DAVID RANII The News and Observer | Buoyed by about $1 million in new funding, fledgling business software company EvoApp has lease...
U.S. Steel mum on Serbia venture
Pittsburgh Post-Gazette
| A Serbian government official said Friday the government will repurchase the country's troubled steel-maker from U.S. Steel for $1. | U.S. Steel declined to comment on statements by Serbian Prime Minister Mirko Cvetkovic, who told journalists a sal...
Singapore Still Has ‘Ample Job Openings’
Jakarta Globe
Singapore. Jobs remain plentiful in Singapore, with many openings for low-wage workers such as waiters, security guards, cleaners, sales assistants and bus drivers. | The situation is also bountiful for professionals, managers, executives and technic...
Zuma in US as SA heads UN Security Council
UN / Paulo Filgueiras
Zuma in US as SA heads UN Security Council
Business Day
| SA YESTERDAY officially assumed the rotating presidency of the United Nations (UN) Security Council, with plans to "ensure greater coherence between the UN and the African Union ...
Tea in a cup-drink-India
WN / Sayali Santosh Kadam
Tea's stimulating business, say new bars
DNA India
| Tea lovers in India never had it so good. Urban tea bars, lounges, kiosks and quick service restaurants (QSRs) now offer numerous flavours. | Chai suddenly is fashionable. Want t...
Ein Messebesucher bedient auf der Buchmesse in Frankfurt am Stand des Internetportals Google eine Computer-Maus auf einem mit dem Google-Logo bedruckten Mousepad
AP / Torsten Silz
Google back Israel startups as local funds decline
San Francisco Chronicle
| The Google executive with his bright yellow vest was impossible to miss in the middle of the Israeli startup owners seeking cash in a rusty boathouse at Tel Aviv's Jaffa port. | ...
Houseboat industry eyes new venture for comeback
Palm Beach Post
| MONTICELLO, Ky. — Kentucky's houseboat manufacturers once thrived by churning out luxurious floating residences, but the industry was nearly capsized by the economic downturn. Now it's dabbling in a new venture as it looks for a different cou...
Houseboat industry eyes new venture for comeback
The Guardian
| BRUCE SCHREINER | Associated Press= MONTICELLO, Ky. (AP) — Kentucky's houseboat manufacturers once thrived by churning out luxurious floating residences, but the industry was nearly capsized by the economic downturn. Now it's dabbling in a new ve...
Carrefour Rethinks Its ‘Bigger Is Better’ Strategy
The New York Times
| PARIS — When Lars Olofsson took up the reins three years ago at Carrefour, the world’s second-largest retailer, after Wal-Mart Stores, the company touted his record as a marketing executive as being just what was needed to turn around i...
Investments
The apartment building
(photo: WN / Priya Dashini)
Earn rent even on a vacant apartment
The Hindu
Buying a property in India has been an investment, quite lucrative since ages. Since it meets most of the ideal tenets of investment such as safety, returns,liquidity, asset appreciation,and tax savings, real estate is considered an attractive asset passed on through generations. | Land is not created anymore and therefore is an asset with in-built...
Funds Management
Federal Reserve Chairman Ben Bernanke
(photo: AP / Jacquelyn Martin)
RON DERBY: Fed sees cheap money will be around for a while
Business Day
| WITH the promise of cheap money — for much longer than expected — from the US Federal Reserve (Fed), the fundamentals to support stronger equity and currency markets have been set. The dovish comments made by Fed governor Ben Bernanke will also hold up gold this year. | The Fed predicted low interest rates until at least late 2014, as well as...



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