Center of Business Journalism

Hirai to take the reins at Sony in April

bizmedia — Fri, 03 Feb 2012 12:06:48 +0600

Stringer to stay on as chairman of electronics group.

Kazakhstan January inflation steady at 0.3 pct m/m

bizmedia — Fri, 03 Feb 2012 12:05:41 +0600

Feb 1 (Reuters) - Kazakhstan's consumer price inflation was steady at 0.3 percent on a month-on-month basis in January, unchanged from December, the State Statistics Agency said on Wednesday.

Kazakh Air Astana orders 15 planes worth over $1 bln

bizmedia — Fri, 03 Feb 2012 12:04:28 +0600

Feb 1 (Reuters) - Kazakhstan's flagship carrier Air Astana has placed orders for 15 new planes worth more than $1 billion in total, Air Astana President Peter Foster said on Wednesday.

EU blocks "near-monopoly" of D.Boerse-NYSE merger

bizmedia — Fri, 03 Feb 2012 12:03:19 +0600

European Union regulators have blocked the merger of exchange operators Deutsche Boerse and NYSE Euronext to avoid giving them a stranglehold on the European futures market.

Starbucks and Tata, Now Serving Coffee Across India

bizmedia — Fri, 03 Feb 2012 12:01:57 +0600

Starbucks has finally broken through India's high barriers to entry and partnered with India's flagship conglomerate Tata in a 50-50 joint venture, to start serving coffee and lattes across the country, starting with her two largest cities Delhi and Mumbai.

Saudis Push Young People, Including Women, Into Jobs

bizmedia — Fri, 03 Feb 2012 12:00:31 +0600

RIYADH, Saudi Arabia-With eyes darting over racks of sales items, 28-year-old Haya Murzouq worked the counter at her new job at one of Riyadh's busier lingerie boutiques in December.

Demand for Small Business Loans Most Since 2005

bizmedia — Fri, 03 Feb 2012 11:59:19 +0600

Banks reported the greatest increase in demand for loans from small companies since 2005, the according to the Federal Reserve's survey of senior loan officers out today.

One-Third of Japan�s Population To Disappear By 2060

bizmedia — Fri, 03 Feb 2012 11:58:05 +0600

Japan faces a significant population crisis over the next century, said the Japanese Health, Labour and Welfare ministry on Monday, after government forecasts estimated that the population would shrink by nearly a third of its current size by 2060.

European Banks Want To Borrow More Than $1 Trillion From ECB

bizmedia — Fri, 03 Feb 2012 11:56:52 +0600

European banks could ask for more than a trillion dollars in loans from the European Central Bank (ECB) next month, reported the Financial Times on Monday, as the ECB prepares for a second money auction designed to avert a possible credit crunch.

Unsung heroes

bizmedia — Wed, 01 Feb 2012 16:08:37 +0600

The British economy's best-kept secret.