Sea Shepherd: Ban on activist was a strategy to help keep him from Japanese prison

Anti-whaling group says activist ban ‘a strategy’

WELLINGTON, New Zealand – An anti-whaling group banned one of its members for carrying a weapon onboard ship as a strategy to help him avoid prison in Japan, and he’s free to rejoin its protests, the group’s leader said Thursday.
A Tokyo court on Wednesday convicted New Zealander Pete Bethune …. Original article  : Sea Shepherd: Ban on activist was a strategy to help keep him from Japanese prison.

New bonus rules for British banks, more in store

LONDON – It is payback time for British banks whose heavy risk-taking caused the country’s worst financial downturn two years ago. New rules, led by cash caps on bonuses, are coming into force to make them more responsible to the general public.

The European Union passed a rule Wednesday which will have bankers’ cash bonuses capped … Read more »»».

Indumathi Subramanian, Vodafone DMG Found Dead in Swimming Pool

MUMBAI, INDIA (GaeaTimes.com) — The Deputy General Manager (DMG) of Vodafone, Indumathi Subramanian was found dead in a swimming pool of the ITC Grand Maratha hotel here yesterday.
Indumathi Subramanian was working as DMG of Chennai division. She had come to Mumbai along with a 10-member group to attend an international company training.
What seems very …. Source  : Indumathi Subramanian, Vodafone DMG Found Dead in Swimming Pool.

US banking on India, China for faster recovery

WASHINGTON – The US has expressed confidence that it will continue to make fast recovery from the global economic crisis thanks to its ability to make goods that emerging markets like India and China need.

“If you look across the rest of the world – China, India, Brazil, Mexico – emerging markets are very strong … Read the original article on Gaea Times at : US banking on India, China for faster recovery.

IOC against frequent fuel price revision

NEW DELHI – State-run oil marketing company Indian Oil Corp (IOC) Thursday said there will not be any revision in the oil price hike if global crude oil prices do not fluctuate wildly.

“We would not like to revise prices too frequently in case crude oil does not rise too much,” said IOC chairman …. Original article on Gaea Times at  : IOC against frequent fuel price revision.

China bans vulgar ads

BEIJING – Chinese authorities have issued new guidelines to curb the use of sex and vulgarity in advertisements of online video games.

The culture ministry issued a notice Tuesday, asking officials to check the vulgar marketing of cyber games, China Daily reported Thursday.
The government had also issued a notice June 22 banning the use of … Read more : China bans vulgar ads.

Food inflation eases to 12.63 percent

NEW DELHI – India’s annual food inflation dropped to 12.63 percent for the week ended June 26 from previous week’s 12.92 per cent with the easing of prices of food items.

But fuel prices jumped 18.02 percent during the period under review.
Data released by the commerce ministry Thursday showed an over 40 percent fall …. Source article on Gaea Times at  : Food inflation eases to 12.63 percent.

German exports rise 9.2 percent on month in May; imports surge 14.8 percent

German exports see strong rise in May
BERLIN – German exports rose by a healthy 9.2 percent on the month in May as an improving global economy stoked demand, while imports surged by an even stronger 14.8 percent, official data showed Thursday.

Germany, the world’s second-biggest exporter after China, exported goods and services worth euro77.5 billion ($97.7 …. Read the original article  : German exports rise 9.2 percent on month in May; imports surge 14.8 percent.

Flights resume in Himachal

SHIMLA – After air connectivity in Himachal Pradesh remained suspended for three days due to torrential rains, flights resumed in the state Thursday after the sky cleared.

“Flights between Delhi, Shimla, Kullu and Dharamsala have resumed,” an official of Kingfisher Airlines said. Kingfisher is the only airline that operates regular flights between Delhi and Himachal …. Original source  : Flights resume in Himachal.

As painful cuts, strikes endure, Greek government battles dissent

As cuts bite, Greece battles dissent
ATHENS, Greece – The Greek government is battling growing discontent over a new round of economic austerity, with fresh strikes, public hostility, and party dissent testing the nation’s ability to make it out of its debt crisis.

Unions on Thursday staged their sixth general strike this year – halting public transport … Read more : As painful cuts, strikes endure, Greek government battles dissent.

Sensex up 251 points in noon trade, Asian cues help

MUMBAI – A benchmark index for Indian equities rebounded Thursday and was ruling 251 points higher than its previous close on expectations of strong results from India Inc and positive Asian cues.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,536.48 points, was ruling at 17,722.34 points, 251.31 points … Read more : Sensex up 251 points in noon trade, Asian cues help.

Infosys Wooing Former Employees

BANGALORE, INDIA (GaeaTimes.com)- It is quite clear that the leading technology giants of India are trying top get back their previous employees back in place. They are finding it hard to cater to the growing demand for outsourcing services with fresh recruits. Another problem bugging these companies is the high rates of attrition. …. Original source  : Infosys Wooing Former Employees.

Obama set to boost Democratic Senate candidates, talk jobs in Missouri, Nevada

Obama as campaigner in chief in Missouri, Nevada
WASHINGTON – President Barack Obama is talking to voters again about jobs and the economy. But he’s also concerned with two jobs in particular: Senate seats for Democrats in Missouri and Nevada.
With Democrats facing uphill battles in the November elections, Obama is combining a couple of …. Read the original article  : here.

Crafts bonanza at Delhi’s new terminal 3

NEW DELHI – Gourmet papad in tricolour hues, homemade pickles, heritage jewellery…India will hawk its flavours at a huge indigenous lifestyle and crafts bazaar being set up in Indira Gandhi International Airport’s swank new terminal 3 (T3).

Spread over 4,000 sq ft, the Delhi Bazaar will open its doors to the flying fraternity at July-end. It … Read this article on Gaea Times at : Crafts bonanza at Delhi’s new terminal 3.

INSIDE WASHINGTON: Congress asks for studies before reining in the financial industry

INSIDE WASHINGTON: Study often replaces crackdowns

WASHINGTON – What to do about the size of too-big-to-fail banks? Order a study. How to hold stockbrokers accountable for their dealings with clients? Another study. How to ensure the reliability of credit rating agencies? Study that, too.
Time after time as Congress wrestled with contentious decisions on how to re-regulate …. Source  : INSIDE WASHINGTON: Congress asks for studies before reining in the financial industry.

Philips puts forward former computer chip arm chief Frans van Houten as new CEO

Philips nominates former division manager as CEO

AMSTERDAM – Royal Philips Electronics NV said Thursday it intends to nominate Frans van Houten, a former head of the company’s semiconductor division, as the new chief executive officer.
If approved by shareholders, Van Houten will replace outgoing CEO Gerard Kleisterlee in April.
The 50-year-old Van Houten led Philips’ consumer electronics …. Original article  : Philips puts forward former computer chip arm chief Frans van Houten as new CEO.

Reliance Mediaworks In Expansion Mode

MUMBAI< INDIA (GaeaTimes.com)- Anil Dhirubhai Ambani Group’s Film and media wing which is known as Reliance MediaWorks is trying to expand its market share in the emerging and lucrative multiplex chain business in India. It has bought 0.5 percent extra stakes in Fame India recently. After this purchase the stake of ADAG in Fame …. Read the original article  : Reliance Mediaworks In Expansion Mode.

ECB seen leaving rates on hold again, attention likely to focus on bank stress tests

ECB meeting to focus on banks
BERLIN – The European Central Bank is set to leave its benchmark interest rate at a record low of 1 percent for the 14th straight month as it meets Thursday amid lingering concerns over the health of the continent’s banking sector.

With little prospect of rates changing soon, ECB President Jean-Claude … Read more »».

Customer-targeted rituals not always good for business: Study

WASHINGTON – Singing ‘Happy Birthday’ to customers in a restaurant might create a good impression on some, but it can leave others embarrassed, even resentful, says a new study.

“Not all customers want to be entertained. Some just want to escape and be left alone. So the bottom line here is that businesses really need to …. Original article  : Customer-targeted rituals not always good for business: Study.

Oil rises to near $75 in Asia as stock market rally, US supply drop bolster confidence

Oil rises to near $75 on global stock rally

SINGAPORE – Oil prices climbed to near $75 a barrel Thursday in Asia, extending big gains from the previous session as global stock markets rallied.
Benchmark crude for August delivery was up 73 cents to $74.80 a barrel at midday Singapore time in electronic trading on the New … Read the original article on Gaea Times at : Oil rises to near $75 in Asia as stock market rally, US supply drop bolster confidence.