Category: World
‘ finances
TOKYO, July 7, 2006 (AFP) – The Bank of Japan said Friday it will ban its executives from investing in most types of financial products following a scandal over its governor’s personal investments.They will be forbidden from trading stocks or investing in private funds, the central bank decided, based on recommendations from an advisory panel. […]
Bank of Japan to tighten rules on executives’ finances
TOKYO, July 7, 2006 (AFP) – The Bank of Japan said Friday it will ban its executives from investing in most types of financial products following a scandal over its governor’s personal investments.They will be forbidden from trading stocks or investing in private funds, the central bank decided, based on recommendations from an advisory panel. […]
Space clothes saving the lives of Earthlings
PARIS, June 29, 2006 (AFP) – From bras and babysuits equipped with monitors to tough suits to protect sportsmen and adventurers from the hazards of life on Earth, space technology is boldly pushing back fashion frontiers.“The space programme has over the years provided a catalyst for a lot of the progress we are seeing today […]
Slender Loris gasps for survival as urban India expands
BANGALORE, India, June 27, 2006 (AFP) – Hunted for centuries for its purported qualities as an aphrodisiac, asthma cure and as a kind of living voodoo doll, the tiny primate known as the Slender Loris has long faced a battle just to survive.But the biggest threat to the rare nocturnal animal, which has a distinctive […]
Regional, bilateral trade pacts threaten to weaken WTO
PARIS, June 27, 2006 (AFP) – Regional and bilateral trade pacts forged outside the scope of the World Trade Organization are increasingly attractive, undermining the WTO just as it struggles to stitch together a new global deal to boost commerce. Although trade ministers are to convene Thursday in Geneva to mount a last-ditch effort to […]
‘s Arcelor deal
NEW DELHI, June 27, 2006 (AFP) – Takeovers of major western companies by emerging market players, particularly from India and China, will escalate as they chase growth outside their traditional home markets, analysts say.“It will be critically important to know these challengers well and to use that knowledge in making key business decisions.Decisions made without […]
Emerging market companies in spotlight after Mittal’s Arcelor deal
NEW DELHI, June 27, 2006 (AFP) – Takeovers of major western companies by emerging market players, particularly from India and China, will escalate as they chase growth outside their traditional home markets, analysts say.“It will be critically important to know these challengers well and to use that knowledge in making key business decisions.Decisions made without […]
”’Clock
NEW DELHI, June 26, 2006 (AFP) – India’s largest coffee producer, Tata Coffee Ltd. said Monday it signed a deal to buy U.S.-based Eight O’Clock Co. from Gryphon Investors for 220 million dollars. “This acquisition is a strategic fit with our growth plans and helps Tata Coffee in attaining its objective to become an international […]
AK-47 to remain world’s favorite killing machine for next 20 years — report
UNITED NATIONS, June 26, 2006 (AFP) – The Kalashnikov assault rifle will remain the world’s favorite killing machine in conflict zones for at least the next 20 years because its production is poorly regulated, a report released here Monday said. Up to 70 million AK-47s and variations of its design are in circulation around the […]
India’s Tata Coffee pays 220 million dollars for US’s Eight O’Clock
NEW DELHI, June 26, 2006 (AFP) – India’s largest coffee producer, Tata Coffee Ltd. said Monday it signed a deal to buy U.S.-based Eight O’Clock Co. from Gryphon Investors for 220 million dollars. “This acquisition is a strategic fit with our growth plans and helps Tata Coffee in attaining its objective to become an international […]
‘s favorite killing machine for next 20 years — report
UNITED NATIONS, June 26, 2006 (AFP) – The Kalashnikov assault rifle will remain the world’s favorite killing machine in conflict zones for at least the next 20 years because its production is poorly regulated, a report released here Monday said. Up to 70 million AK-47s and variations of its design are in circulation around the […]
Women turning backs on matrilineal society in India’s northeast
SHILLONG, India, June 25, 2006 (AFP) – It’s not that Rosanna Lyngdoh Mawphlang isn’t grateful that under her Khasi tribe’s matrilineal system she, rather than her brothers, will inherit the family’s sprawling 21-roomed home.It’s just that she’s not sure she wants all the responsibility that goes with it. “I know this is a privilege that […]
