Saudi oil minister says new research university will diversify nation's economySeptember 23rd, 2009 Saudi oil minister: New university to help economyRIYADH, Saudi Arabia — The opening of Saudi Arabia's new multibillion dollar, first-ever fully integrated coed university on Wednesday is a pivotal step forward in the oil-rich kingdom's quest to strengthen its economic base, said the Oil Minister Ali Naimi. "With all the natural resources that God has endowed us, the kingdom is keen to diversify its sources of income for the future," Naimi said at the institution's inauguration outside the coastal city of Jeddah in remarks carried by the state press.
There she isn't: Saddled with debt, Cayman Islands nixes beauty pageants till economy looks upSeptember 9th, 2009 Caymans gov't cuts beauty contests amid deficitSAN JUAN, Puerto Rico — The Cayman Islands is sacrificing beauty for bucks. The government is telling beauty pageant participants that all contests have been postponed until the economy improves.
China agrees to buy $50 billion of first IMF bonds, strengthening body's financesSeptember 2nd, 2009 China to buy $50 billion of first IMF bondsBEIJING — China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's lending ability and diversify Beijing's foreign holdings. The agreement announced Wednesday by the Washington-based IMF comes as the body tries to raise money to finance lending, especially to developing countries, to help economies weather the global downturn.
Package destinations to woo tourists, says SeljaSeptember 1st, 2009 NEW DELHI - Tourism destinations need to package themselves attractively to attract tourists repeatedly to India, Tourism Minister Kumari Selja said Tuesday. Inaugurating the fortnight-long Ladakh Festival at Leh, she said it was imperative that destinations diversify their products to allow the tourist to experience the real customs and heritage of local communities.
Anand Sharma reaffirms India's commitment to AfricaAugust 21st, 2009 JOHANNESBURG - India is committed to further expand and diversify its trade with Africa, to which South Africa was a gateway, Minister of Commerce and Industry Anand Sharma said here Friday. Addressing the India Business Forum (IBF), an umbrella organisation of Indian business representatives in South Africa, Sharma highlighted the need for Indian businesses to continue their proactive engagement in South Africa with its emphasis on ethical factors as well as job creation and skills development for the local economy.
Beauty salon operator Regis declares quarterly dividend of 4 cents per share, payable Sept. 15August 21st, 2009 Regis declares dividend of 4 cents per shareMINNEAPOLIS — Beauty salon operator Regis Corp. said Friday its board approved a regular quarterly dividend of 4 cents per share.
Analyst: P&G may look to acquire beauty product company with penetration in emerging marketsJuly 14th, 2009 Analyst: P&G may seek to buy beauty-care companyCINCINNATI — An analyst says Shiseido Co. and Estee Lauder Cos.
Pepsi buys 20 percent of Calbee Foods, will sell snacks and other food products in JapanJune 24th, 2009 Pepsi inks deal to produce, sell snacks in JapanNEW YORK — PepsiCo Inc. on Wednesday said it struck a deal to buy 20 percent of Japan's largest snack company, with which it will produce and sell snacks and other foods in the Asian nation.
Avon calling, and so are Mary Kay and Tupperware: Direct-sales ranks boom amid recessionJune 12th, 2009 Avon, Mary Kay ranks boom as a second-job optionNASHVILLE, Tenn. — Armies of new Avon ladies, Mary Kay reps and Tupperware sellers are advancing on living rooms across the country, their ranks full of professionals forced to take a second job amid the recession.
Dutch chemicals maker DSM reports profit down 92 percent in 1Q as demand tanksApril 28th, 2009 Chemicals maker DSM profit falls 92 percent in 1QAMSTERDAM — Chemicals maker DSM NV reported a 92 percent decline in net profit for the first quarter on Tuesday, as demand for its industrial products evaporated amid the global economic downturn, although its nutrition business proved more recession-resistant. Net profit was euro13 million, down from euro162 million in the first quarter of 2008, which were boom times for commodities.
Tupperware beats forecasts, shares climb after company releases first quarter resultsApril 22nd, 2009 Tupperware shares climb after resultsCHICAGO — Shares of Tupperware Brands Corp. climbed Wednesday, a day after the household products maker posted a better-than-expected first-quarter profit and forecast second-quarter and full-year results above Wall Street estimates.
Domenico Dolce floored by Scarlett's beautyMarch 4th, 2009 LONDON - Hollywood divas like Jennifer Lopez, Gisele Bundchen, Madonna, Monica Bellucci, Christina Aguilera, Kylie Minogue and many more wear their dresses but designer Domenico Dolce of the designer duo D&G is smitten by Scarlett Johansson's beauty. 'I couldn't keep my eyes off from her, the first time I met her.
President calls for 'women-inclusive' developmentFebruary 6th, 2009 MUMBAI - Women should be included at all levels to make the development process sustainable and help build the nation, President Pratibha Patil said here Saturday. Patil was speaking as the chief guest at the 58th annual convocation of the Shrimati Nathibai Damodar Thackersey (SNDT) Women's University here.
The spirit of northeast to come alive in DelhiJanuary 8th, 2009 NEW DELHI - Listen to some soulful melodies from the hills of Meghalaya, enjoy the graceful 'Bihu' dance of Assam, stuff your shopping bags with wares from the northeast, and titillate your taste buds with delicacies of the region. In short, get set to feel the northeastern spirit right here from Saturday on.
Uttar Pradesh plans designer khadi mallsDecember 29th, 2008 LUCKNOW - The state Khadi and Village Industries Commission (KVIC) plans to set up malls - designed and operated on the lines of upmarket shopping outlets - exclusively to promote designer khadi products across Uttar Pradesh, an official said here Tuesday. 'The reason behind setting up the malls is obvious: promoting and popularising khadi products as being trendy,' KVIC state director R.S.
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