Category: Other
Emerging market companies in spotlight after Mittal’s Arcelor deal
NEW DELHI, June 27, 2006 (AFP) – Takeovers of major western companies by emerging market players, particularly from India and China, will escalate as they chase growth outside their traditional home markets, analysts say.“It will be critically important to know these challengers well and to use that knowledge in making key business decisions.Decisions made without […]
Slender Loris gasps for survival as urban India expands
BANGALORE, India, June 27, 2006 (AFP) – Hunted for centuries for its purported qualities as an aphrodisiac, asthma cure and as a kind of living voodoo doll, the tiny primate known as the Slender Loris has long faced a battle just to survive.But the biggest threat to the rare nocturnal animal, which has a distinctive […]
Regional, bilateral trade pacts threaten to weaken WTO
PARIS, June 27, 2006 (AFP) – Regional and bilateral trade pacts forged outside the scope of the World Trade Organization are increasingly attractive, undermining the WTO just as it struggles to stitch together a new global deal to boost commerce. Although trade ministers are to convene Thursday in Geneva to mount a last-ditch effort to […]
AK-47 to remain world’s favorite killing machine for next 20 years — report
UNITED NATIONS, June 26, 2006 (AFP) – The Kalashnikov assault rifle will remain the world’s favorite killing machine in conflict zones for at least the next 20 years because its production is poorly regulated, a report released here Monday said. Up to 70 million AK-47s and variations of its design are in circulation around the […]
India’s Tata Coffee pays 220 million dollars for US’s Eight O’Clock
NEW DELHI, June 26, 2006 (AFP) – India’s largest coffee producer, Tata Coffee Ltd. said Monday it signed a deal to buy U.S.-based Eight O’Clock Co. from Gryphon Investors for 220 million dollars. “This acquisition is a strategic fit with our growth plans and helps Tata Coffee in attaining its objective to become an international […]
‘s favorite killing machine for next 20 years — report
UNITED NATIONS, June 26, 2006 (AFP) – The Kalashnikov assault rifle will remain the world’s favorite killing machine in conflict zones for at least the next 20 years because its production is poorly regulated, a report released here Monday said. Up to 70 million AK-47s and variations of its design are in circulation around the […]
”’Clock
NEW DELHI, June 26, 2006 (AFP) – India’s largest coffee producer, Tata Coffee Ltd. said Monday it signed a deal to buy U.S.-based Eight O’Clock Co. from Gryphon Investors for 220 million dollars. “This acquisition is a strategic fit with our growth plans and helps Tata Coffee in attaining its objective to become an international […]
Kenya expects 2006 tea production to drop more than 10 percent
NAIROBI, June 26, 2006 (AFP) – Kenyan tea production dipped in May and is expected to fall between 10 and 16 percent in 2006 compared with a year earlier due to less rainfall and the lingering effects of a just-ended drought, officials said Monday. The Tea Board of Kenya (TBK) said May output dropped by […]
Women turning backs on matrilineal society in India’s northeast
SHILLONG, India, June 25, 2006 (AFP) – It’s not that Rosanna Lyngdoh Mawphlang isn’t grateful that under her Khasi tribe’s matrilineal system she, rather than her brothers, will inherit the family’s sprawling 21-roomed home.It’s just that she’s not sure she wants all the responsibility that goes with it. “I know this is a privilege that […]
‘s northeast
SHILLONG, India, June 25, 2006 (AFP) – It’s not that Rosanna Lyngdoh Mawphlang isn’t grateful that under her Khasi tribe’s matrilineal system she, rather than her brothers, will inherit the family’s sprawling 21-roomed home.It’s just that she’s not sure she wants all the responsibility that goes with it. “I know this is a privilege that […]
Company riches to grow on rubber boom, stocks to get re-rated
June 25, 2006 (LBO) – Sri Lankan plantation companies are expected to rake in the riches in the ongoing rubber boom, with analysts expecting stocks to trade at higher multiples than in the past. Crepe is about 35 percent of local production and liquid latex used to make gloves, about 30 percent, most of which is […]
Letting your hair down, with a little help
PARIS, June 23, 2006 (AFP) – Forget designer handbags and couture frocks, these days style-conscious women are spending big on the latest luxury accessory, human hair extensions. Hot on the heels of celebrity torchbearers like Victoria Beckham and Paris Hilton, women are paying up to 1,000 euros (1,250 dollars) to have someone else’s hair stuck […]