International Business News

New US meat labeling rules upsets Canada

OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...
Twitter beefs up security with two-step login

NEW YORK - Aiming to tackle recent high-profile breaches, popular micro-blogging site Twitter is introducing an optional two-step login for users to beef up security. The new system would try to ensure "it's really you" when a user signs in to Twitter, which transmits some 400 million messages a day. The move follows recent attacks into the twitter accounts of news organisations' such as ...
Royalty Pharma takeover bid fails to find Elan ecceptance

DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...
Wockhardt shares plunge 20 pc on USFDA import alert

MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...
2 Ford units to be shut in Australia in Oct 2016

MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...

Movie Review

Louisiana Story [DVD]

Robert Flaherty was never a conventional documentary filmmaker, and his films, although routinely referred to as documentaries, were often highly fictionalized works that used real-life settings and people for the purpose of evoking deep, primal mythologies. Although they often appeared spontaneous, his films are thoroughly constructed to achieve exactly what Flaherty wanted. To a journalistic pu ... ...

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UK urged by IMF to bring forward high value spending

LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
Homeland Security bulletin warns 3-D printed gun plans may be impossible to access

The menace of 3-D printed guns has already spread far and it will be 'impossible' to stop the manufacturing of more guns, an intelligence bulletin has revealed. The Department of Homeland Security has warned that the use and passage of 3-D printed guns are likely to spread beyond regulations and checkpoint restrictions, posing 'public safety risks' to an uncontrollable extent, Fox News ...
CSK CEO Meiyappans conviction by Mumbai Police will be Indian crickets darkest day Kirti Azad

Former Test cricketer and now BJP Member of Parliament Kirti Azad on Friday said the conviction of Chennai Super Kings CEO Gurunath Meiyappan by Mumbai Police would be darkest day for Indian cricket. Speaking to ANI, Azad said it has to be a new low in Indian cricket that the son-in-law of BCCI president N Srinivasan is involved in betting. Azad, who was speaking after the crime branch of ...
Content Man City says will not swap players with Man U

Manchester City CEO Ferran Sorriano has said that the club will not exchange their squad with rivals Manchester United, even if given a chance to do so. City wants to improve its current state despite acknowledging that previous manager Roberto Mancini's managerial abilities had served the team very well, the Mirror reports. Sorriano said that the players were skilled enough to retain their ...
Gujarat Chief Minister Modi launches Ahmedabad edition of The Hindu Business Line

Gujarat Chief Minister Narendra Modi launched the 17th edition of Business Line, the financial daily of The Hindu Group at a glittering function held here on Friday. Observing the evolution of established media from print to electronic to social, Modi described it as a "healthy trend' reflecting popular aspirations. Acknowledging that social media has empowered people like never before, the ...

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On the record

We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.

Barack Obama

The U.S. president was speaking on his administration's counter terrorism policy.

Hotel Review

Waldorf-Astoria Hotel New York

I clambered up the stairs with my luggage whilst two bell attendants chatted away. I entered the huge lobby of ...

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The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?

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Featured Story

Kids' exposure to porn may cause risky sexual behaviour

Children accessing pornography are more likely to have sex at a younger age and engage in "risky behaviours", a British report has warned.

The Office of the Children's Commissioner has called for urgent action to "develop children's resilience to pornography" after discovering that a "significant" number of them have access to sexually explicit images, The Independent reported Friday.

The report, commissioned by the office as part of its national inquiry into child sexual exploitation in gangs, is based on a review of academic research including 41,000 items of literature.

It has recommended that the department for education to ensure all schools deliver effective relationship and sex education, which should include safe use of the Internet.

Maggie Atkinson, Children's Commissioner for England, said: "We are living at a time when violent and sadistic imagery is readily available to very young children, even if they do not go searching for it, their friends may show it to them or they may stumble on it while using the Internet."

She said for years one applied age restrictions to films at the cinema "but now we are permitting access to far more troubling imagery via the Internet." ...