Business News – Newsletter for July 10, 2010
Saturday, July 10, 2010
Bank executives with negative emotions take fewer risks
LONDON – Executives with negative emotions tend to take fewer risks, a study based on a survey of managing directors and general directors of Spanish banks has found.
The study had a response rate of 48.3 percent and comprised questions bearing on emotional traits and demographic characteristics of the executives, reports the British Journal of …. Source : Gaea News Network.
Finnair reports strong Asian growth
HELSINKI – Lifted by robust demand on the India sector, Nordic carrier Finnair has reported a 26 percent growth in Asian traffic this summer.
“The demand for Asian traffic is growing noticeably. We are increasing our capacity to destinations in Asia. Next summer, we will open a new non-stop route to Singapore,” said Finnair’s president and … Read : Finnair reports strong Asian growth.
Paswan demands rollback of fuel price hike
PATNA – The central government should roll back the fuel price hike, Lok Janshakti Party (LJP) chief Ram Vilas Paswan said here Saturday during a statewide shutdown in Bihar.
The price hike should be withdrawn in “people’s interest”, he said.
The central government ended curbs on petroleum pricing and hiked the prices of diesel, kerosene and …. Source : Gaea News Network.
Executives with higher negative emotional traits take fewer risks: Study
LONDON – A new study has revealed that executives with higher negative emotional traits take fewer risks too.
The study combined two main emotional traits, positive (such as interest or enthusiasm) emotional traits and negative (such as nervousness or irritation).
“It is worth pointing out that although it may not seem so, these two types of … Read : Executives with higher negative emotional traits take fewer risks: Study.
No dearth of resources for agriculture: Pranab
KOLKATA – There will be no dearth of resources to usher in a green revolution in India’s east and Rs.400 crore has been reserved for this, Finance Minister Pranab Mukherjee said here Saturday.
“There will be no dearth of resources as the programme moves on. We need to ensure that benefits of the scheme reach the …. Original article on Gaea Times at : No dearth of resources for agriculture: Pranab.
BP to install tighter cap on oil well
WASHINGTON – Efforts by BP Plc to replace an existing cap on the gushing oil well in the Gulf of Mexico could begin Saturday, leading to a possible halt of the leak by as early as next week.
Coast Guard Admiral Thad Allen, who is overseeing government efforts regarding the weeks-old oil spill, said the process … Read the original article on Gaea Times at : BP to install tighter cap on oil well.
National Multi Commodity Exchange revises membership fee structure
KOCHI – The National Multi Commodity Exchange of India Ltd. (NMCE), the first online National Multi Commodity Exchange in India has recently revised its Membership fees structure, according to a release issued.
The revised membership fees structure shall be applicable from 1st August, 2010.
The fees for all the three categories viz., Trading Membership ™, Trading Cum … Original article on : National Multi Commodity Exchange revises membership fee structure.
Curfew reimposed in Kashmir towns after fresh violence
SRINAGAR – Curfew was reimposed in Maisuma locality here and Jammu and Kashmir’s Anantnag and Pulwama towns Saturday after stone-pelting mobs clashed with security forces, authorities said.
“Miscreants resorted to stone pelting in Maisuma and in Anantnag and Pulwama during curfew relaxation. Curfew was reimposed at these places,” a senior police officer said.
Markets remained closed … Read more »»».
Rainmaker Declares Availability Of ViewCentral 7.0
CAMPBELL,CALIFORNIA (GaeaTimes.com)- One of the leading e-commerce solution provider Rainmaker Systems have announced the availability of next generation View Central 7.0. Reportedly, Rainmaker Systems aims to pull in more revenue for it’s channel partners with ViewCentral 7.0.
ViewCentral 7.0 which happens to be an on demand e-commerce solution provider is said to maximize the revenue earnings … Read this article on Gaea Times at : Rainmaker Declares Availability Of ViewCentral 7.0.
Kerala planters happy with soaring rubber prices
KOTTAYAM – Planters in Kerala are a happy lot with the soaring prices of natural rubber which are hovering around an all-time high of Rs.182 a kg as demand from the automobile industry is far outstripping the supply.
K.G. Thomas, a retired state government employee, says this is a moment to cherish. “You wait and … Read more >>>.
Finnish mobile software firm to launch Bangalore operations
BANGALORE – Finland-based mobile software firm Qvantel Oy, which has Ericsson, Nokia Siemens and TeliaSonera among its clients, is setting up a centre of excellence in Bangalore to provide software product engineering services to global mobile handset manufacturers and operators, a company official said.
“As part of our growth strategy, we are expanding our operations in …. Source : Finnish mobile software firm to launch Bangalore operations.
After Obama criticism, Nevada Senate candidate Angle to seek GOP unity against Sen. Reid
GOP candidate Angle to rally GOP against Reid
HENDERSON, Nev. – U.S. Senate candidate Sharron Angle on Friday denounced Majority Leader Harry Reid as a “desperate man” who was distorting her conservative record while ignoring a state that leads the nation in joblessness, foreclosures and bankruptcies.
A day after President Barack Obama delivered a mocking … Read the original article on Gaea Times at : After Obama criticism, Nevada Senate candidate Angle to seek GOP unity against Sen. Reid.
Japan leader tones down tax talk as candidates rush to woo voters on eve of parliamentary vote
Democrats face test on eve of Japanese election
TOKYO – His popularity dented, Japanese Prime Minister Naoto Kan toned down his tax hike talk on the eve of Sunday’s parliamentary elections that are widely considered a referendum on the Democrats’ 10 months in power.
Candidates scurried around in campaign vans, speakers blaring and aides … Read more : Japan leader tones down tax talk as candidates rush to woo voters on eve of parliamentary vote.
China’s customs agency says exports up 35 percent in June, imports up almost 53 percent
China says exports up 35 percent in June
BEIJING – China’s customs agency on Saturday said that exports were up 35 percent in June from a year ago, while imports rose almost 53 percent. The figures showed the largest monthly trade surplus so far this year, $20 million, despite the debt problems of China’s largest trading …. Source article on Gaea Times at : China’s customs agency says exports up 35 percent in June, imports up almost 53 percent.
3-fete: It might have been Miami-Wade County, but for now, the buzz of LeBron taking over Heat
Welcome to Miami, LeBron, as Heat begin the party
MIAMI – Done deal. LeBron James and Chris Bosh are members of the Miami Heat.
The Heat completed sign-and-trade deals with Cleveland and Toronto on Friday night for their two newest superstars. The Heat sent two future first-round and two second-round picks to the Cavaliers for James, while … Read more : 3-fete: It might have been Miami-Wade County, but for now, the buzz of LeBron taking over Heat.
Curfew relaxation to continue in Kashmir Valley
SRINAGAR – Curfew will continue to be relaxed throughout the Kashmir Valley except the Sopore and Kakpora towns, Jammu and Kashmir authorities said here Saturday.
“Curfew relaxation will continue in the valley except in Sopore and Kakpora. The situation is being closely monitored,” a senior police officer said.
The curfew was relaxed Friday to allow people …. Source article on Gaea Times at : Curfew relaxation to continue in Kashmir Valley.
Pakistan experiments with new ways to quell decades-old insurgency in Taliban’s backyard
Pakistan tries new counterinsurgency strategy
CHAMALANG, Pakistan – With every bag of coal Madad Khan dumps into trucks at this mine reopened with the army’s help, Pakistan hopes it is moving closer to quelling a 60-year-old nationalist insurgency in this restive southwest province where Afghan Taliban leaders are rumored to hide.
Echoing U.S. counterinsurgency strategy in neighboring …. Source : Pakistan experiments with new ways to quell decades-old insurgency in Taliban’s backyard.
Large payday lending company closing all Arizona locations because of loan law’s expiration
Payday lending company leaves Ariz. after law ends
PHOENIX – Another payday lending company’s decision to leave the state shows the expiration of a law that allowed high-interest loans is working, Arizona Attorney General Terry Goddard said.
Advance America Cash Advance Centers Inc. announced plans this week to close all 47 of its locations in Arizona, along …. Read the original article : Large payday lending company closing all Arizona locations because of loan law’s expiration.
Seattle sends All-Star lefty Cliff Lee to Texas Rangers for Justin Smoak, 3 prospects
Mariners trade ace Cliff Lee to Texas Rangers
ARLINGTON, Texas – Cliff Lee is suddenly in the starting rotation for the AL West-leading Texas Rangers, who pulled off a big deal despite bankruptcy proceedings and unsettled ownership.
The Seattle Mariners sent the ace left-hander and reliever Mark Lowe to the Rangers on Friday for rookie first baseman … Read more »».
Recalls: Champion Nutrition Chocolate Peanut Butter Pure Whey Protein, sliced apples
Recalls: Chocolate peanut butter, sliced apples
The following recall has been announced:
- Champion Nutrition is recalling 5-pound containers of Champion Nutrition Chocolate Peanut Butter Pure Whey Protein because peanuts aren’t adequately declared as an ingredient on the product’s label. Those who have allergies to peanuts run the risk of serious or life-threatening allergic reactions if they … Original source on Gaea Times at : Recalls: Champion Nutrition Chocolate Peanut Butter Pure Whey Protein, sliced apples.