European Union nations have agreed to impose tough new sanctions on 180 Iranian officials and firms over the country’s alleged attempt to acquire nuclear capabilities, though the meeting in Brussels stopped short of any decision to halt the purchase of oil from the Islamic state.
Burson Marsteller recently released the “Asia Pacific Corporate Social Media Study 2011, How Asian Companies are Engaging Stakeholders Online”and here’s the shorter presentation.
Auto giants Toyota Motor Corp and BMW AG have signed an agreement to work together on research for cleaner, next-generation car batteries, with the aim of producing cheaper “green vehicles” in the future.
At a press conference held in Tokyo on Thursday, representatives from both companies announced their intention to develop specific advanced powertrain technologies, with the initial focus to be placed in research of lithium-ion batteries.
Prevailing corruption in a number of eurozone nations played a role in exacerbating the current regional debt crisis, and continues to hamper any relief efforts, said top international corruption watchdog Transparency International (TI) on Thursday.
Employees and employers are increasingly going social. According to CNN, 1 in 6 workers now find a job through the use of social media. Today, more than 40 percent of Fortune 100 companies use LinkedIn to find and hire their top candidates.
How is social media changing the current job market and what do you need to do to get that next job with your Facebook, Twitter and LinkedIn accounts? Check out this infographic, which highlights the profiles of a person using social media for searching jobs along with some simple, but helpful tips for the curious.
Newly formed US consumer watchdog, the Consumer Financial Protection Bureau (CFPB), has received more than 5,000 complaints about credit card companies during in its first three months of operations, with the most common gripe among credit card customers being billing disputes and interest rate problems, reported the agency on Wednesday.
Top US weapon companies will need to cut production costs, increase export sales, and acquire more commercial contracts over the next few years, as uncertainty continues to mount over the extent of any US defense budget cuts.
New York City’s 102-storey and 80 year-old landmark skyscraper, which stood as the world’s tallest building for more than four decades, is about to be taken public.
According to a DealBook report by the New York Times, the Malkin family that owns the Empire State Building is planning to list it on the stock market together with other properties.
Following a criteria revision, credit ratings firm Standard and Poor’s has upgraded the ratings of several Chinese banks while a few top U.S. banks were downgraded. The new criteria have affected 37 banks so far, though more banks will be facing rating changes in the coming months.
Bank of China and the China Construction Bank saw their ratings move up a notch to A while the Industrial & Commercial Bank of China, the world’s largest bank by market capitalisation, was maintained at A.
Small business owners would hire and invest more if Washington offered a clearer plan for taxes and government spending, said a report by the Federal Reserve Bank of Cleveland on Tuesday.
“While the downturn and weak recovery certainly had a large negative effect on small business hiring plans, policy uncertainty has exacerbated this effect,” claimed researchers Mark Schweitzer and Scott Shane in their report.
