Tag Archives: business-Tag

Chinese ‘Be Safe’ condoms found unsafe in Ghana

China has again hit the news in Ghana for all the wrong reasons. The Food and Drugs Authority (FDA) has uncovered a large quantity of poor quality and substandard condoms that were imported from a Chinese company. The “Be Safe” condoms were imported from the Henan Xibei Latex Company Limited. So far, about 110 million

Education cannot be a business product: Kalam

Former president A.P.J. Abdul Kalam said here that education should not be treated as business and called for an integrated delivery of education at the primary level by involving parents, students and teachers. At an interactive session with students and teachers of National High School here as part of its centenary celebrations, Kalam said: “One

China could be world’s No.1 economy by 2016

China could become the world’s largest economy by 2016 if it fully implements a series of regulatory, market, socio-economic and tax reforms, the Organization for Economic Cooperation and Development said. In the presentation here Friday of its latest Economic Survey of China, the OECD forecast that the Asian giant’s economy will grow by 8.5 percent

Australian business confidence slumps

Sydney: Australian business confidence slumped to its lowest level in more than three years in November, a business survey released Tuesday by National Australia Bank (NAB) showed. The NAB monthly survey found business confidence fell further to an index level of minus nine in November from minus one in October, indicating pessimists far outweighed optimists

Australian deputy PM to visit India

Canberra: Australian Deputy Prime Minister Wayne Swan will visit India to discuss business opportunities between the two countries, his office said Monday. Swan was expected to depart for India Monday night. He will meet with India’s Finance Minister P. Chidambaram, senior government officials and business leaders. “India is an emerging economic powerhouse and one of

What impedes Australia, India ties?

While there has been a flurry of visits to India by high-powered Australian trade delegations and politicians, observers are baffled by the slow pace at which the bilateral ties are growing. Australian analysts blame India’s political culture for not only the stunted Australian-Indian ties but also for the slowing economic growth of the South Asian

No shark fin soup please!

Shark fin soup, that exotic but pricey delicacy said to boost sexual potency and prevent heart disease, is going off menus in some Singapore hotels and restaurants in an effort to save sharks which face extinction from overfishing. The fins of an adult shark can only feed five people and many small sharks are killed

Australia’s unemployment rate rises

Sydney: Australia’s unemployment rate rose to 5.2 per cent in June, due to the loss of 27,000 jobs, data released Thursday by the Australian Bureau of Statistics (ABS) showed. The ABS reported that the number of people employed decreased by 27,000 to 11,500,500 in June, reported Xinhua. The ABS data showed that the number of

Women can flirt their way to success

London: It seems a little flirting can help businesswomen get ahead. Women should be “playful” rather than “serious” when negotiating, says a team of researchers from the Haas School of Business at the University of California and the London School of Economics. Being friendly makes them seem warm and approachable, while striking a bargain means

Australian retail trade rises

Sydney: Australian retail turnover rose 0.2 per cent in August after a fall of 0.8 per cent in the previous month, according to figures released Thursday by the Australian Bureau of Statistics (ABS). The largest contributor to the August rise was department stores, with a 6.9 per cent increase in sales after a larger fall