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US working on non-lethal aid package for Ukraine

Apr 17, 2014 at 10:00 | Source: Business Week

WASHINGTON (AP) — The United States is working on a package of non-lethal aid for Ukraine that could include medical supplies and clothing, but would stop short of providing body armor and other military-style equipment, U.S. officials said Wednesd...

China's workforce: smaller, more savvy, more restive

Apr 17, 2014 at 06:15 | Source: FirstPost

SHANGHAI (Reuters) - China's workforce is growing more restive as it shrinks. The number of strikes so far this year is up by close to a third - the biggest surge in protests since the global financial crisis, according to one labour group - as busin...

Twitter buys social data provider Gnip

Apr 17, 2014 at 04:52 | Source: Economic Times

Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government. The social media company said separa...

Smart business? Google, Facebook and Amazon play the game of drones

Apr 17, 2014 at 04:52 | Source: Economic Times

WASHINGTON - It will be tough to go into the big battle against drones without the irrepressible Goose. And Tom Cruise, now 51, will no longer be playing a snot-nosed jockey with a need for speed on the highway to the danger zone. Three decades later...

Why China is doing better than its headline GDP figure

Apr 16, 2014 at 20:37 | Source: BBC

Economic growth of 7.4% in the first quarter is in line with China's 2014 annual year-on-year target of about 7.5% growth. The slowdown from the 7.7% GDP growth registered in the past two years is due to the government rebalancing the economy, s...

A standalone OPD health plan? Not too soon, say insurers

Apr 16, 2014 at 19:16 | Source: Economic Times

According to a report compiled by Swiss Re, a leading global re-insurer, 75% of medical spending in India is out-of-pocket. One of the reasons is, of course, low penetration of health insurance in India. Only 15% of the population has some form of he...

Govt working on standards to take on trade barriers: Rajeev Kher, commerce secretary

Apr 16, 2014 at 07:11 | Source: Economic Times

The government is working on a road map to create standards for various products and sectors to deal with proliferating non-tariff barriers in the international trade regime. The commerce department is organising a two-day Standards Conclave, a gove...

Won t speak against my family: Varun Gandhi

Apr 16, 2014 at 07:11 | Source: Economic Times

NEW DELHI: When the two Gandhi-Nehru cousins sparred over spliced sound bytes, the underlying message of kinship was lost in the cacophony of 24X7 news television. While one adhered to the limits of decency, the other referred to the betrayal of the...

China's economic growth forecast at five-year low in Q1

Apr 16, 2014 at 03:51 | Source: Economic Times

BEIJING: China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy. Aut...

EU banking union gets final approval from MEPs

Apr 15, 2014 at 22:07 | Source: BBC

MEPs have backed rules for a banking safety net to minimise the risk of further EU taxpayer-funded bailouts. A new European authority will have the power to wind up or restructure failing banks - the so-called Single Resolution Mechanism (SRM). The s...

Jairam Ramesh vs Narendra Modi: War of words over dirt

Apr 15, 2014 at 12:52 | Source: Economic Times

NEW DELHI: They may think similarly about rural sanitation and toilets, but that has not stopped them from indulging in a war of words over dirt. BJP's prime ministerial candidate Narendra Modi on Sunday attacked Rural Development Minister Jairam Ram...

The North Korean defectors who want to return home

Apr 15, 2014 at 10:12 | Source: BBC

In the past two decades thousands of North Koreans have fled their homeland, seeking refuge in the South. So why are some now deciding to return? Kim Hyung-deok met his wife at South Korea's top university, has two children and a successful care...

Switzerland pushes for minimum wage of $25 per hour, maximum in the world

Apr 15, 2014 at 04:46 | Source: Economic Times

Jasmin Eicher has already axed her sole full-time employee to keep afloat her shop selling cards, candles and paper in a Zurich suburb. If Switzerland approves what would be the world's highest minimum wage, she says the only option would be to clos...

G-20 central banks pledge on better communication post Rajan critique

Apr 14, 2014 at 05:01 | Source: Economic Times

WASHINGTON , LONDON: International central bankers pledged to take care in telegraphing monetary-policy shifts and consider their global effects amid renewed calls from emerging markets for greater cooperation. Federal Reserve Chair Janet Yellen and ...

Heartbleed Exposes 'Zero Day' Software Bugs

Apr 14, 2014 at 04:01 | Source: Wall Street Journal

The turmoil caused by the "Heartbleed" encryption bug is shedding light on a little-known element of the White House's surveillance overhaul package: how the government handles software holes and vulnerabilities. The Nationa...

PolicyBazaar.com to raise Rs 100 crore; plans to utilise proceeds for expansion, raising sales

Apr 14, 2014 at 03:01 | Source: Economic Times

NEW DELHI: Online insurance policy aggregator PolicyBazaar.com is in talks to raise up to Rs 100 crore in a fresh round of funding, as it looks to expand its services, triple its sales and build its technology platform, a senior company official tol...

Heartbleed Sheds Light on NSA's Use of Bugs

Apr 14, 2014 at 02:01 | Source: Wall Street Journal

The turmoil caused by the "Heartbleed" encryption bug is shedding light on a little-known element of the White House's surveillance overhaul package: how the government handles software holes and vulnerabilities. The Nationa...

G20 finance ministers: Global economy is strengthening but growth remains fragile

Apr 14, 2014 at 01:46 | Source: Economic Times

WASHINGTON: The world's top financial officials say they believe the global economy is strengthening but that growth remains fragile and open to risks of new geopolitical strife, as in Ukraine. Rich countries have been helping power the recovery led ...

CBS's Moonves Lags Behind Larry Ellison as Highest Paid

Apr 13, 2014 at 22:01 | Source: Bloomberg

CBS Corp. (CBS) paid Chief Executive Officer Leslie Moonves $66.9 million in 2013, part of a package that rises to almost $200 million in three years, though last year's payout trailed that of Oracle Corp.'s CEO Larry Ellison. Ellison...

Jairam, PM and Chidambaram are darlings of madam Sonia: Modi

Apr 13, 2014 at 20:46 | Source: FirstPost

Chikmagalur: Narendra Modi today slammed Union Minister Jairam Ramesh, who loses no opportunity to put the BJP Prime Ministerial candidate in the line of his fire, and Prime Minister Manmohan Singh for calling India poor during their foreign visits.A...

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