Bringing big businesses into the climate fight Nov 15, 2009
And right now at Ceres, our job is to move the largest financial players and the largest multinational companies to be part of the solution. How do you do that. (Boston Globe)
Africa: Climate Change Boosts Need for Policies to Support African Farmers Nov 14, 2009
What role do you see for bilateral and multinational assistance programs and for international institutions ... Again, the bilateral and multinational donors should do massive investments in infrastructure. (allAfrica.com)
Accounting grows amid downturn Nov 14, 2009
That legislation -- aimed to deter accounting chicanery -- also made accountants more important to multinational firms than ever before. "Whether it's Enron, WorldCom or some of those other high-profile business failures, it's really put a spotlight on our profession and what we do," said Dennis Nally, global chairman for PWC.. (CNN -- International)
APEC leaders warn of protectionism Nov 14, 2009
In a global economy of multinational companies, such policies do more harm than good, Calderon said arguing: "protectionism is killing North American companies". US President Barack Obama was due to arrive in Singapore on Saturday evening for the Asia Pacific Economic Cooperation summit after an overnight visit to Japan, where he also pledged support for trade liberalisation. (India Times)
Still enchantedwith Main Board Nov 14, 2009
Says Green Packet Bhd chief executive officer Puan Chan Cheong: We want to be a leading global player and an MNC (multinational corporation). With these big goals, I can say staying put in Mesdaq was never an option for us. (The Star Online, Malaysia -- Business)
A CNET Conversation with Eric Schmidt Nov 14, 2009
Honestly, the "evil" question comes up in just about every interview, and I started to wonder if "evil" was the kind of thing that, in the seemingly amoral world of giant multinational corporations, had a comfortable place in the boardroom. Schmidt acknowledged that conversations about doing evil are slightly more complicated now that Google's reach and services span so many countries and cultures. (CBS News -- Sci/Tech)
Infy eyes US insurance with $38 m buy Nov 14, 2009
This shift may benefit the US-based multinational service providers, who can market their US-based delivery centers, agreed Mr Reynolds. Meanwhile, operating margins of McCamish at around 15% is much lower than around 24% profitability of Infosys BPO. We have the levers of offshoring and scale that can be used to improve their operating margins, said Mr Chaudhary. (India Times)
Get off the couch Nov 14, 2009
Banks have collapsed and multinational corporations have declared bankruptcy. "Unemployment increases because companies downsize and retrench workers, and everything in the economy slows down and shrinks," he said. (iAfrica.com)
U.S. manufacturers group hails Lou Dobbs Nov 14, 2009
His counterparts mainly settled for superficial, episodic coverage of trade, jobs and manufacturing, parroting the conventional wisdom served up by the same tired ideologues and showcasing the views of multinational outsourcers. Kearns said Dobbs uniquely recognized the ongoing criticality of these issues to preserving America s domestic entrepreneurs, working families, and high standard of living highlighting them and providing desperately needed background, detail, orientation and balance. (Milwaukee Business Journal, WI)
Neighborhood Housing Services chief Gottschall retires after 35 years Nov 13, 2009
Now its large multinational (banks), Mr. Gottschall said. Mayor Richard M. Daley called Mr. Gottschall and his organization critical partners in the citys affordable housing and community development programs. (Crain's Chicago Business)
Outsourced nutrition Nov 13, 2009
While explaining that the difference of 1 cent per pound of tomatoes is a lot more than sometimes what people think it is, he said that Sodexo is not just the food provider of Auraria campus, but also a multinational corporation that specializes in outsourcing. According to a 2008 press release, Sodexo has been named number four overall among the world s leading outsourcing services companies on the Global Outsourcing 100 list. (UCD Advocate, CO)
Autodesk and ICF Outline Path to Achieving Carbon Reductions in Buildings Nov 12, 2009
Our clients include Fortune 500 companies, utilities, municipal power authorities, U.S. federal government agencies, international and multinational organizations, energy enterprises, power developers, regulated transmission and distribution companies, energy traders and marketers, oil and gas companies, industry associations, investors, financial institutions, and regulators. ICF regularly performs detailed analytic studies to help its clients understand leading building industry trends and the... (Yahoo! Wire -- Entertainment News)
Why Are Indian IT Firms So Shy to Buy? Nov 12, 2009
Competition from multinational players such as Accenture () and IBM () is increasing. These large operators offer a wide range of services under a single umbrella. (BusinessWeek)
Songdo City defies crisis odds Nov 12, 2009
Sheraton opened a new 319-bedroom hotel in August, golfing legend Jack Nicklaus is overseeing the construction of an 18-hole 7,300 yard (6,600 meter) championship course; and in April this year, US tech multinational Cisco Systems signed a multi-billion dollar deal to provide network technologies to the new city. Like most grandiose schemes, Songdo is suspended on a billowy featherbed of confidence - and debt. (Asia Times Online)
Private equity in the spotlight Nov 12, 2009
CVCs approachAndrew Cummins, chairman of multinational private equity firm CVC Asia Pacific says this is an approach of tapping managerial drive - his firm adopts. When we buy companies, they are often an orphan in their existing parent's portfolio. (Sydney Morning Herald -- Business)
Webtrends and InetAsia Announce Launch of Managed Services Platform in Asia Nov 11, 2009
Inetasia's flagship clients include major local and multinational corporations such as HSBC, Visa, Deutsche Bank, Hong Kong Trade Development Council, Bangkok Hospital, Accor Asia Pacific, Philippine Airlines, Shangri-La Hotels and Resorts, Hong Kong Tourism Board, SmarTone-Vodafone, SingTel, Orient Overseas Container Line, and Maxis Communications. Visit. (JCN Network, Japan)
TECHNOLOGY: Siegel & Associates selected as Smart Cube reseller Nov 11, 2009
Siegel established Siegel & Associates after years of experience working in controller and CFO positions for various companies and in Senior Audit roles for two multinational accounting firms. Jeff is a graduate of Northeastern University and is a licensed public accountant. (Winchester Star, MA, MA)
Ayn Shrugged Nov 10, 2009
Never mind the EU. Who can meet the directors of a mammoth multinational without thinking of Rand s description of a company board: Men who, through the decades of their careers, had relied for their security on keeping their faces blank, their words inconclusive and their clothes impeccable. Yet there is no getting away from it: the book simply doesn t work as a novel. (The American Conservative)
ATS reports second quarter fiscal 2010 results Nov 10, 2009
" Financial Results In millions 3 months 3 months 6 months 6 months of dollars, ended ended ended ended except per Sept 27, Sept 30, Sept 27, Sept 30, share data 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue ASG $ 97.0 $ 147.4 $ 212.2 $ 290.2 from ------------------------------------------------------------ continuing Photowatt 51.5 72.5 91.6 141.9 operations ------------------------------------------------------------ Inter-segment (0.3)... (Canada Newswire)
Funeral in Berlin of freedom Nov 10, 2009
1989 was a false dawn, and the meeting of the multinational oligarchy at Berlin to commemorate it is deeply distasteful. Quintessence on Nov 10th, 2009 at 9:19 am. (Sydney Morning Herald -- Opinion)
KAS, PEF, Parliament to promote good corporate governance Nov 10, 2009
He said as part of its task by the African Peer Review Mechanism Secretariat in 2004 to review the status of governance in Ghana, the PEF's report indicated that the state of corporate governance was fairly adequate in the large and multinational companies. However, there were problems in the small and medium businesses especially the indigenous firms. (Ghana Web, Ghana)
SPECIAL REPORT Nov 10, 2009
The Italian farmer and the U.S. multinational represent the two extremes in an increasingly acrimonious debate over the future of food. Everybody wants to end hunger, but just how to do so is a divisive question that pits environmentalists against anti-poverty campaigners, big business against consumers and rich countries against poor. (AlertNet)
Jaideep Mishra: R&D offshoring Nov 10, 2009
That was then, when investment in research and development (R essentially domestic, with little cross-border activity by large multinational corporations ... And India attracts more inbound Rvity by US multinationals in the Fortune 500 list than any other nation. (India Times)
Buongiorno's EBITDA and Net Profit Continued Steady Growth in the First Nine Months of 2009. Net Financial Debt Decreased by Euro 12 Million Compared to 2008 Year-end Figure Nov 10, 2009
The Board of Directors of Buongiorno S.p.A. (MTA, Borsa Italiana: BNG), a leading multinational in digital entertainment, approved today the figures for the third quarter 2009, drafted in accordance with the IAS/IFRS.. Economic and Financial Highlights. (Yahoo! Wire -- Entertainment News)
TV Guide Network, TV Land Gain Basic-Cable Rights To 'Curb Your Enthusiasm' Nov 9, 2009
TV Guide Network, TV Land Gain Basic-Cable Rights To 'Curb Your Enthusiasm. Score Multimedia Rights To All Seven Season Of David's Comedy Series, Beginning In 2010. (Multichannel News)
Aiming for 6pc GDP growth till 2020 Nov 9, 2009
He said Malaysia also enjoyed a strong presence of multinational companies and this was a testament to the quality of the workforce here and the attractiveness of the incentives available. However, he said, companies now faced difficulties finding knowledge workers due to the imbalance of supply and demand, and there was therefore a need to ensure that the education system and social environment attract and retain talent for now and in the future. (The Star Online, Malaysia)
AfDB Provides Active Support to the Great Lakes Region Nov 9, 2009
Infrastructure and multinational programs, promoting regional integration, constitute the bulk of the commitment. In addition to these projects, the AfDB is stakeholder and supports the largest regional initiatives such as: Horn of Africa Initiatives, the North-South Corridor, the Nacalla Corridor phases I and II, the Northern Corridor, the Kigali Connect Africa Summit, etc. (allAfrica.com)
Mitsubishi Corporation Invests to Participate in Russian Automotive Distribution Company Nov 9, 2009
Together with its over 500 group companies, Mitsubishi Corporation employs a multinational workforce approximately 55,000 people. The Group has long been engaged in business with customers around the world in virtually every industry, including energy, metals, machinery, chemicals, food and general merchandise. (JCN Network, Japan)
Local firms are finding success in foreign s... Nov 9, 2009
These companies are far from being multinational megafirms. Seabotix, which produces underwater robots, has 55 workers. (San Diego Union-Tribune)
Chinese premier pledges funds, aid to Africa Nov 8, 2009
China will set the future direction of its burgeoning ties with Africa at a multinational forum in Egypt this month, Foreign Minister Yang Jiechi was quoted as saying on Sunday. Premier Wen Jiabao plans to attend the Nov. 8-9 Forum on China-Africa Cooperation in the resort of Sharm el-Sheikh, Yang said in an interview with the official Xinhua News Agency. (Fresno Bee -- Business)
Report: Recession boosts human trafficking Nov 8, 2009
It predicts that the economic crisis will push more businesses underground to avoid taxes and unionized labor, which will increase the use of forced, cheap and child labor by cash-strapped multinational companies. African countries Nigeria and Mauritius are praised in the report for making strong efforts to combat trafficking. (CNN -- US)
"The September Issue" Nov 8, 2009
Here was the big epiphany for me in making this movie -- it seemed like that was something that happened in the distant past, but the reality is that multinational corporations of the late 20th century, particularly in the extractive industries, are just the modern-day continuation of this shameful treatment of indigenous people. The Chevron lawyer in the film says, "People shouldn't be living here. This is an industrial zone." No, sorry. (Salon)
Country profile: Lebanon Nov 7, 2009
AT-A-GLANCE A country full of promise after civil war between 1975 and 1990, Lebanon was again hit by war in 2006 Politics: A power-sharing deal ensures political representation for all major religious blocs; Hezbollah is a major military and political force - strong enough to resist being crushed in the 2006 war with Israel International: An expanded multinational UN peacekeeping force is being deployed to police a ceasefire between Israel and Hezbollah in southern Lebanon. Government... (BBC News -- Africa)
SMEs urged to expand into non-traditional markets Nov 7, 2009
Unlike multinational companies, the SMEs do not have the capacity to bear large payrolls. Furthermore, many SMEs are traditionally run by families. (The Star Online, Malaysia -- Business)
AmTrust Financial Services, Inc. Announces Quarterly Dividend Nov 7, 2009
AmTrust Financial Services, Inc., headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage. For more information about AmTrust, visit , or call AmTrust toll-free at 866. (Primezone Releases)
Seeking to Grow Jobs, Not the Deficit Nov 7, 2009
8 billion home buyers' tax credit would be offset by tax revenues raised by delaying a tax break for multinational corporations that pay foreign taxes. The cost of the unemployment benefit extension, about $2. (BusinessWeek)
Leo Burnett banks on shopper marketing Nov 7, 2009
MULTINATIONAL ad agency Leo Burnett Malaysia, which was named Agency of the Year at the 2009 Kancil Awards last week, is banking on shopper and retailer marketing to put it on a stronger footing in the challenging advertising landscape. Leo Burnett/Arc Worldwide chief executive officer for Malaysia and Singapore, Tan Kien Eng, says this marketing programme would boost the agency s revenue and help its clients maintain their brand presence over the long term. (The Star Online, Malaysia -- Business)
Thinking about the Mainstream Media Nov 6, 2009
What is never acknowledged is that most anchors are multimillionaires, with gold-plated medical insurance besides, whose connection to ordinary Americans is for all practical purposes non-existent; and networks are increasingly owned by multinational corporations - like GE, in NBC s case - and if you think at senior levels these firms have a liberal agenda there s a bridge I would like to sell you. MattSwartz, on Said. (The American Conservative)
Companies need an effective leadership team Nov 6, 2009
Whether youre leading a family business, a hundred-year-old multinational, or a company thats taking its first steps into the global market, the fact that theres so much uncertainty out there and that so many basic assumptions are being questioned means that people are going to be anxious about the future. People want leaders who are competent, confident and caring. (India Times)
Falcon Security CEO quits after racism saga Nov 6, 2009
The Petroleum Agency of SA (Pasa) had awarded oil and gas exploration licences two foreign multinational companies in two deep water offshore basins, Pasa chief executive Mthozami Xiphu said yesterday. . (Business Report, South Africa)
DirecTV Has Stable Q3 Nov 6, 2009
ESPN, Inc. is the world's leading multinational, multimedia sports entertainment company featuring a portfolio of over 50 multimedia sports assets. The company is comprised of six domestic television networks (ESPN, ESPN2, ESPN Classic, ESPNEWS.. (Multichannel News)
World Media Summit opens our horizon: NAN's Editor in Chief Nov 6, 2009
According to Ogbede, the summit was an avenue for news media industry's players to network and enhance bilateral and multinational cooperation, especially in the cooperation on development of multimedia services. He said the gathering provided an opportunity for the world media organizations to exchange views and to enhance cooperation. (Xinhuanet, China)
Afghanistan: Karzai's tattered victory Nov 6, 2009
But there is no appetite among members of the NATO-led coalition or multinational agencies to dwell on the sordid details of an election that swallowed $300m in organisational costs alone and forced the foreigners into all manner of embarrassing contortions. First there was a concerted attempt to blame egregious cheating by Mr Karzai s supporters on traditional tribal politics and widespread illiteracy. (The Economist)
A prepackaged pratfall Nov 5, 2009
This raised the hackles of some in Congress who accused the White House of being more concerned with aiding big banks and their multinational clients than businesses on Main Street. Whether pouring more money into CIT would ultimately have provided a better deal for taxpayers will never be known, but the politicians probably did the right thing. (The Economist)
Newmont assists farmers affected by its operations Nov 5, 2009
The multinational mining company within the first part spent more th= an GH160,000 covering farm inputs and distribution as well as land access= , clearance and maintenance fees on the beneficiary farmers. Mr Dan Michaelsen, General Manager, Environment and Social Responsibility of NGGL, said at an open day to showcase some of the food produce of the beneficiaries at Kenyase Number One on Tuesday that the Company had also spent GH 1. (Ghana Web, Ghana)
Nickelodeon's TeenNick Commences Production on New Original Series Gigantic Nov 5, 2009
Reveille is part of the Shine Group, one of the world's foremost multinational entertainment and drama companies. The Shine Group also includes UK independent producers Kudos, Princess, Dragonfly and Shine TV.. (Yahoo! Wire -- Entertainment News)
U.S. House May Vote Today on Extending Homebuyer Credit, Jobless Benefits Nov 5, 2009
The legislation wouldnt add to the governments budget deficit, according to congressional estimates, because its cost would be financed in part by a delaying a tax break for multinational companies. It would also extend an employer payroll surtax that would otherwise expire at the end of this year. (Bloomberg -- US)
Securing your .my identity Nov 4, 2009
In fact, even multinational companies secure their ... Likewise, Malaysian companies, especially Bursa-listed companies are strongly encouraged to emulate these multinational entities and secure their. (The Star Online, Malaysia -- Technology)
Growing overseas job market Nov 4, 2009
The fact that you worked for a multinational company in different countries. It's up to you to build that business case for your employer. (CNN -- International)
Botswana: Khama Misses Another Summit On Zimbabwe Nov 4, 2009
But Mugabe fairly or not, fought for land and empowerment of his people, what has Khama done except help the Western Multinational Mining companies bleed Botswana of all its diamonds and minerals ,why would they not pretend he is a hero in Washington and Brussels when he is protecting their interests. Thats why he takes Tsvangirai's side because he identifies with another puppet. (allAfrica.com)
SCENARIOS - Next steps in North Korea nuclear crisis Nov 4, 2009
- United States meets North Korea's demand for direct talks ahead of multinational discussions by sending its envoy for the state to Pyongyang. The North also meets U.S. demands that appear to include talks between its envoy Stephen Bosworth and Kang Sok-ju, a North Korean vice foreign minister who is often by leader Kim Jong-il's side at his few high-level meetings. (The Star Online, Malaysia)
New kids on the block Nov 4, 2009
A & G is a multinational with operations in South Africa and Britain. It has been in the Australian market for 10 years and launched Budget Direct in 2000. (Sydney Morning Herald -- Business)
Tap wealth of local products emerging to fight 'neglected' diseases of poor: study Nov 3, 2009
Drug donations by multinational firms, as generous as they are, just don't go far enough and "we need to build upon them," says Dr. Singer. "We are not calling for replacement of the charity of multinationals. Rather, we are pointing out that there is a well of affordable innovation in developing countries themselves that has not been fully tapped. Governments and foundations can help by making sure home-grown biotechnology products developed by firms in emerging economy countries reach... (EurekAlert!)
MNCs face greater transfer pricing scrutiny Nov 2, 2009
KUALA LUMPUR: Multinationals are facing new tax challenges due to growing transfer pricing (TP) scrutiny by worlds tax authorities, according to a survey. The survey by international accounting firm Ernst found a dramatic increase in the scope of TP documentation required by governments with penalties imposed more frequently and at higher levels when multinationals get it wrong ... It has thus become inevitable that both domestic and multinational businesses be prepared for more TP audits and... (The Star Online, Malaysia -- Business)
Demand for foreign-tax experts rising Nov 1, 2009
In spring, President Barack Obama outlined a series of proposals to raise more than $200 billion in new taxes from multinational corporations that he said were not paying their fair share of taxes. To ensure that the IRS has the tools it needs to enforce our laws, we re seeking to hire nearly 800 more IRS agents to detect and pursue American tax evaders abroad, said Obama in remarks to the press in May. (Denver Business Journal, CO)
Horrendous legacy Oct 31, 2009
For years local campaigners have been demanding that Union Carbide, now owned by US multinational Dow Chemicals, clean up the abandoned pesticide plant, but so far their pleas have been ignored. In 1999, a Greenpeace investigation found severe chemical contamination of the environment surrounding the former factory, which, the NGO said, was polluted with heavy metals and chemical compounds. (Sydney Morning Herald -- World)
Anderson, LaFleur say it's time for change Oct 30, 2009
Born in Great Britain where he also served as a naval officer, Anderson is retired from a 30- year career with Colgate Palmolive as a financial executive, with corporate responsibilities that carried him around the world during his tenure with the multinational corporation. Anderson has the endorsement of the Republican Town Committee, and is running with Kristin LaFleur, who has a background in finance, and who is now on the Board of Education, and will remain there should she lose in this... (Westport Minuteman, CT)
Obama: Twelve months on, the star falls back to earth... Oct 30, 2009
Obama: Twelve months on, the star falls back to earth - Americas, World - The Independent. from The Independent & The Independent on Sunday. (The Drudge Report)
Small businesses are now hiring in large numbers Oct 30, 2009
NEW DELHI: Throughout his 30-year career, Madan Kotnala, 52, had worked only with large multinationals like Federal Mogul and Tudor India ... Sachdev says companies such as his can provide greater challenges to senior professionals who have spent time in large companies and multinational firms. (India Times)
PE gives higher returns, but riskier Oct 30, 2009
MUMBAI: Recently, Amit Bhoomkar, a senior executive with an FMCG multinational, got a call from his banks relationship manager inviting him to participate in a private equity (PE) fund. Bhoomkar had so far been used to the relationship manager offering investment opportunities in equities, portfolio management service (PMS) schemes and equity mutual funds. (India Times)
India and capital flows: A world apart Oct 30, 2009
But if controls don t necessarily stop Indian multinationals raising money, they do stop India s financial system from meeting these firms requirements ... But as more big Indian firms become multinational companies, it will be harder for politicians to resist the demands for a freer flow of finance ... It s one thing for India to impose restrictions upon foreign multinationals like Enron or IBM, says Ajay Shah of the National Institute of Public Finance and Policy, but it s harder for the... (The Economist)
Are the Tea Partiers good or bad for the GOP? Oct 30, 2009
" Limbaugh was hardly the only one of Obama's opponents to take this sort of stance. There were conservatives -- like , and Tim Pawlenty -- who congratulated the president, and even their ideological compatriots about their criticism of him. And there were plenty of people of all ideologies who questioned whether Obama really deserved the award. But on the right, the dominant reaction was harsher, more akin to Limbaugh's -- mocking and dismissive at best. Below, a sampling of that reaction. Of... (Salon)
F&N invests US$43mil in Vietnam glass plant Oct 29, 2009
Tan added that the increased capacity would also enable MVGL to widen its export market, strengthen its regional position and be the regions preferred supplier to multinational customers. F. (The Star Online, Malaysia -- Business)
At Microsoft, six Indians call all the shots Oct 29, 2009
In Bangalore, Anshuman Das, co-founder ing partner of CareerNet, a technology-focussed head-hunting firm reckons 20% of senior vice-presidents and above in several multinational technology companies could be Indians, up from almost zilch a few years back. This will pick up as Indians have now proven themselves. (India Times)
Increasing tribe of marketers using 'sex' in ads Oct 28, 2009
When the gay community got a ruling in its favour from the courts the multinational was quick to come out with a commercial to cash in on the moment. The commercial had two burgers, with male names, preferring each other to the female, depicted by a softy. (India Times)
