Impala Platinum’s request that the Zimbabwean government extend their deadline to cede almost 30 percent of its share in its Zimplats subsidiary to a state-run fund was refused by government officials on Wednesday. Impala is the world’s second largest producer of platinum, and the 29.5 percent stake is valued at about $310 million at today’s… Continue Reading
Corbis, privately held by Bill Gates, is hoping to broaden its reach in the entertainment industry by launching an online music service featuring songs from the top four publishers. Corbis has provided images and videos for advertisers across the globe. The new service, called Greenlight Music, has over a million songs from Warner Music, EMI… Continue Reading
“It is difficult, but not impossible, to conduct strictly honest business” –Mahatma Gandhi “I understand small business growth. I was one.” -George W. Bush “To open a shop is easy, to keep it open is an art” -Chinese Proverb Continue Reading
Premier Wen Jiabao has lowered China’s 2012 growth target to 7.5%. The move affects Australia, Brazil, the Middle East and others by implying that the recent expansion surge is drawing to a close as the country’s leaders reach a slow-growth comfort zone. In other words, China has no intention to continue stimulating the economy, but… Continue Reading
In the decade since 2001 Infosys Technologies was ranked in either first or second place seven out of ten times as being among the top employers in India. What makes Infosys Technologies so special? According to the survey conducted by Business Today, the most important factors for workers are a company’s compensation and benefits packages;… Continue Reading
Some believe women have a harder time in the business world, but these inspirational quotes prove the key to success lies in the individual, regardless of gender: "The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be… Continue Reading
Forbes put together a list of who they consider the 50 top businesswomen at work today in Asia. The talented women were picked according to “their hands-on management of profit-seeking companies.” The list includes such stellar figures as Australia’s richest individual and mining mogul Gina Rinehart and the head of Vietnam’s largest milk company. "This… Continue Reading
In a recent Q&A, David Stockman implied that the only way to safeguard assets today is with cash or gold bars. From his perspective, the efforts made by the Federal Reserve do little but push stock and bond markets closer to the brink. And Stockman’s opinion is not one to take lightly. The man is… Continue Reading
For the past few months the various economic indicators which tell analysts which way the economy is heading have delivered good news. Consistent with those barometers such as job rate and unemployment rate is the cost of oil, which is proving stable, hovering at around $107 per barrel on Thursday in Asia. Investor Confidence The… Continue Reading
Entrepreneur has collected information on all the hotels in the U.S., and compiled a list of the 15 most suitable for business travelers. The Mandarin Oriental in New York won as all-around best business hotel, while these followed close behind: The Eliot, Boston Four Season, Las Vegas The Gansevoort, New York The Umstead, North Carolina… Continue Reading