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Fury as 263 sacked factory workers told 'train your Polish replacements before you leave'

Twinings bosses announced they will be closing its North Shields factory with the loss of 263 jobs. All production will be transferred to Poland or China by September.

Sceptical green urges smart billions to fight warming (AFP)

Danish author and environmental writer Bjoern Lomborg poses with his book AFP - Bjoern Lomborg, the bad boy of the climate debate who has rejected for years "alarmist" prophecies from environmentalists, stresses in a new book the need to invest billions to fight global warming.


$20k boost to develop Australia’s camel meat industry

Following a successful industry and landholder forum held in Alice Springs on 11-12 August 2010, Ninti One Ltd is providing $20,000 to the Australian Camel Industry Association for the development of a strategic plan to establish a strong and viable industry, providing employment for regional communities, Aboriginal people and other landholders. Mark Ashley, Ninti One’s General [...]

Skydiving industry says it's safe despite crash

The New Zealand skydiving industry says nobody should lose confidence in the industry after Saturday's plane crash at Fox Glacier that killed nine people

Hotel industry all set for expansion:SIHRA

Chennai, Sep 4 (UNI) The hotel industry in the south is heading for a massive expansion with 119 new hotels set to add about 11,000 additional rooms, Mr T Natarajan, Secretary, South India Hotels and Restaurants Association (SIHRA) said today.

Labor Day Is No Vacation for a Growing Number of Workers (LiveScience.com)

LiveScience.com - If you're a business owner or a salaried employee, the long Labor Day weekend is a chance to kick back and relax before heading into the busy fall business season. If you're an hourly employee - and more than half of all workers are, according to the U.S. Census Bureau - you might not have that luxury, particularly if you're a low-level worker involuntarily working part time.

What might make the Fed flinch? (Reuters)

Federal Reserve Board Chairman Ben Bernanke makes his way through the Dirkson building hallway after a Financial Crisis Inquiry Commission hearing on Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.


Focus of Gulf oil disaster shifts to finding the culprit (AFP)

Pools of dispersed oil collect on a section of a public beach in Grand Isle, Louisiana, in August 2010. With a key piece of evidence raised from the depths of the Gulf of Mexico and BP's Macondo well ruled a threat no longer, the focus is shifting back to what went wrong and who is to blame.(AFP/Getty Images/File/Win McNamee)AFP - With a key piece of evidence raised from the depths of the Gulf of Mexico and BP's Macondo well ruled a threat no longer, the focus shifts to what went wrong and who is to blame.


In wake of Earl, U.S. eyes other potential storms (Reuters)

Reuters - The remnants of Tropical Storm Gaston look very likely to strengthen again as a tropical cyclone in the Atlantic and could threaten the Caribbean's Leeward Islands in coming days on a westward track, U.S. forecasters said on Sunday.

Debt levels should fall after pre-crisis jump: BIS (Reuters)

Reuters - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.

McCain Hits Democrats for 'Flailing Around' on Economy (CQPolitics.com)

CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.

Key oil spill evidence raised to Gulf's surface (AP)

In this Sept. 4, 2010 picture, the Helix Q4000, bottom, the vessel responsible for lifting the Deepwater Horizon blowout preventer stack from the sea floor, is seen on the Gulf of Mexico near the coast of Louisiana. (AP Photo/Patrick Semansky)AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.


Key oil spill evidence raised to Gulf's surface (AP)

In this Sept. 4, 2010 picture, the Helix Q4000, bottom, the vessel responsible for lifting the Deepwater Horizon blowout preventer stack from the sea floor, is seen on the Gulf of Mexico near the coast of Louisiana. (AP Photo/Patrick Semansky)AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.


Update | Two dead, two injured in Gozo fireworks factory blast

The cloud of smoke from the Gharb fireworks factory as seen from Zebbug. Photo: Kevin Farrugia Sacco/Mediatoday Eyewitnesses say three explosions were heard in the area of Toni tal-Gharb.

Three killed in Gozo fireworks factory explosion (updated)

Three persons were confirmed dead and another two reportedly seriously injured in an explosion that occurred at a fireworks factory close to Għarb at around 18:10 CEST on Sunday. Eyewitnesses said three powerful explosions were heard coming from the direction of the fireworks factory situated in the area of Toni tal-Gharb. A large mushroom-shaped cloud of smoke was [...]

Sanofi ready to raise bid if Genzyme talks: report (Reuters)

Reuters - French drugmaker Sanofi-Aventis would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person familiar with the matter.

Fireworks factory blows up in Gozo

A fireworks factory near Gharb in Gozo blew up at about 6.10 pm. today. Eyewitnesses said they saw a big mushroom-shaped cloud over the scene. Three explosions were heard over a wide area.

After 20 years of protection, owl declining but forests remain (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Twenty years after northern spotted owls were protected under the Endangered Species Act, their numbers continue to decline, and scientists aren't certain whether the birds will survive even though logging was banned on much of the old-growth forest in the Pacific Northwest where they live in order to save them.

Taxpayers may face initial loss on GM IPO: sources (Reuters)

FILE - In this June 13, 2010 file photo, Tim Allen arrives at the world premiere of 'Toy Story 3,' at The El Capitan Theater in Los Angeles. General Motors Co. said Friday, Sept. 3, 2010, Tim Allen will be a spokesman for the brand and will star in a series of TV ads for the 2011 Chevrolet Cruze that begin airing on Tuesday. (AP Photo/Katy Winn, file)Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.


Wanted For Long Space Missions: Flexible Astronaut, Works Well With Others (SPACE.com)

SPACE.com - When it comes to flying in space, the makeup of an astronaut crew can be just as important as the mission itself, and the same goes for a team of six volunteers going through the motions of a 520-day trek to Mars without ever leaving Earth.

Industry proposes ‘infra czar’

The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the appointment of an infrastructure czar from among the Cabinet members who will serve as point man on priority public-private partnerships, its president Francis Chua said.

Tuna industry pushes fishing pacts

GENERAL SANTOS CITY -- With depleting supply of tuna in the country's waters, sustainability of the industry hinges on forging fishing agreements with tuna-resource rich countries read more

Rise in US industrial output drives markets higher

• Dow Jones up 200 points as recession fears recede • But UK industrial orders lowest for nine months Share prices rose strongly in the City and on Wall Street after a stronger than expected showing by America's factories last month helped ease concerns of a double-dip recessionin the world's largest economy. Amid signs of relief in New York, the Dow Jones industrial average surged by more than ...

BP hikes asset sale target after oil spill: report (AFP)

Oil is seen in the water off a beach on Grand Isle, Louisiana in June. Oil giant BP has increased to $40 bln the amount it wants to raise from an asset sale programme in the wake of the Gulf of Mexico oil spill, a news report said.(AFP/Getty Images/File/Spencer Platt)AFP - Oil giant BP has increased to nearly 25 billion pounds the amount it wants to raise from an asset sale programme in the wake of the Gulf of Mexico oil spill, the Sunday Times newspaper reported.


Milk powder factory plan

Kota Kinabalu: The Department of Veterinary Services & Animal Industry (Dovsai) wants to set up a milk powder factory in Sabah - the first of its kind in the country.

Industrial relations specialist Stephen Ben Carter passes on

FORMER Director of Industrial Relations in the Ministry of Labour and Social Security Stephen Benjamin Carter, has passed on. He died on Monday, August 30, 2010 after a brief illness.

Suzuki to build new auto plant in India (AFP)

Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.(AFP/Gabriel Bouys)AFP - Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.


Unchecked auto industry growth could harm China's economy: official

Unchecked expansion of China's auto industry encouraged by local authorities could harm the wider economy, a central government official said Saturday, warning excess capacity must be "resolutely" stopped.

As a Hurricane, Earl Looked Like 'Magnificent Chaos' From Space (SPACE.com)

SPACE.com - The former Hurricane Earl put on a striking weather display for astronauts on the International Space Station, impressing the crew with its strength even as it weakened to a tropical storm.

IMF's Lipsky says moderate world recovery underway (Reuters)

John Lipsky, the International Monetary Fund's first deputy managing director, answers a reporter's question after the meeting of G20 finance and central bank deputies in Gwangju, south of Seoul, September 5, 2010. REUTERS/Lee Jae-WonReuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.


Venezuela OKs payment for French retailer Casino (Reuters)

Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

Trichet calls for united EU at the IMF (AFP)

Jean-Claude Trichet, Governor of the European Central Bank, gives a press conference at the Ambrosetti Forum at the Villa d'Este hotel in Cernobbio on the Como Lake, northern Milan. European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.(AFP/Olivier Morin)AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.


Industry fears over cheaper coins

Vending machine companies warn cheaper "steel" 5p and 10p coins being considered by the Treasury could cost the industry millions of pounds.

The nation's weather (AP)

Breezy conditions and a few lingering showers are likely in the Northeast, while rain and even a few snow showers will form in the Intermountain West Sunday Sept. 5, 2010.  Areas of showers and thunderstorms will also move through Florida. (AP Photo/Weather Underground)AP - The remnants of Hurricane Earl took aim at Nova Scotia early Saturday after a brush with the Northeast that was far less intense than feared, dumping heavy, wind-driven rain on Cape Cod cottages and fishing villages accustomed to nor'easters.


Raj industry department, IFC sign MoU to promote biz

Rajasthan Industry Department and International Finance Corporation (IFC), a World Bank Group member, have signed an MoU to promote the state as an attractive investment destination.

Despite hiring, US unemployment rate seems frozen (AP)

In this Aug. 25, 2010 photograph, job seekers including Pat Mosher, third from left, fill out registration forms to attend a job fair in Southfield, Mich. On Friday, Sept. 3, 2010, at 8:30 a.m. EDT, the Labor Department issues the August unemployment report. (AP Photo/Paul Sancya)AP - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.


Egg industry alarmed at efforts to limit or ban small cages

Egg industry alarmed at efforts to limit or ban small cages

Exclusive: American Apparel in talks with restructuring firm (Reuters)

Reuters - Hipster brand American Apparel Inc is in talks to bring in an outside restructuring firm as the manufacturer and retailer struggles to fix its flagging operations, sources told Reuters on Friday.

Restaurant industry wants more details on McDonnell ABC plan

Virginia's restaurant industry said Friday it won't take a position on Gov. Bob McDonnell's proposed tax on restaurant liquor sales until it know more about the rest of the governor's plan. The Virginia Hospitality & Travel Association said it "takes great interest in the proposal of ABC privatization." Restaurant sales ...

Biotech salmon safe for eating: FDA (Reuters)

Reuters - A biotechnology company's genetically engineered salmon are as safe to eat as other Atlantic salmon, U.S. regulators said as they weighed approval of the first DNA-altered animal for Americans' dinner plates.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


Campbell reports Q4 profit rise on better margins (AP)

In this June 19, 2010 photograph, people walk along inside the new building at the Campbell Soup Co. headquarters, in Camden, N.J.  The Campbell Soup Co. said Friday, Sept. 3, 2010, it made a profit of $113, or 33 cents per share during the fourth fiscal quarter, when the temperature rises and its soup sales traditionally drop.  (AP Photo/Mel Evans)AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.


Stocks rally as jobs data spurs optimism (Reuters)

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.


Industrial Alliance buys Golden State Mutual business for US$11 million

Industrial Alliance Insurance and Financial Services Inc., Canada’s fourth-biggest insurer, said Friday it has acquired the life insurance policies of California-based Golden State Mutual for US$11 million.

First Industrial Realty Trust Declares Preferred Stock Dividends

First Industrial Realty Trust, Inc. , a leading provider of industrial real estate supply chain solutions, today announced that its board of directors declared a dividend of $0.45313 per depositary share on its 7.25% Series J Cumulative Redeemable Preferred Stock for the quarter ending September 30, 2010 payable on September 30, 2010 to stockholders of record on September 15, 2010. Â

MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

Industrial Alliance buys Golden State Mutual business for US$11M

QUEBEC - Industrial Alliance Insurance and Financial Services Inc., Canada's fourth-biggest insurer, said Friday it has acquired the life

Clams befouling Tahoe invade Adirondack lake in NY (AP)

In this Aug. 30, 2010 photo, Dan Marelli, of Tallahassee, Fla., a biologist and scuba diver specializing in mollusks, holds Asian clams found in Lake George, in Bolton Landing, N.Y. Scientists consider the clams arrival a stroke of bad luck that could cause ecological and economic harm. They hope to smother the rapidly reproducing mollusks before they spread. (AP Photo/Mary Esch)AP - A thumbnail-sized clam blamed for clouding the azure bays of Lake Tahoe high in the Sierra Nevada has now turned up in a mountain-ringed Adirondack lake renowned for its limpid, spring-fed waters.


Industrial Alliance Acquires Golden State Mutual Business

Industrial Alliance Insurance and Financial Services Inc. announces that it has completed today the acquisition of the in-force life policies of California-based Golden State Mutual .

Financial, Industrial Stocks Lead Canadian Market

Financial, Industrial Stocks Lead Canadian Market
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