India mulls import duty cuts to curb inflation
Reuters – India will consider cutting import duties on more food products if needed to curb high food inflation gripping Asia’s third-largest economy, Trade Minister Anand Sharma said.
India tea prices fall further on poor quality supply
(Reuters) – Tea prices extended losses at last week ‘s auction in India, the world’s second biggest producer, as big buyers were consistently offering lower prices for poor grade produce, according to dealers.
Apparel exports dip with low interest from Europe
Sri Lanka’s apparel industry has started 2011 with a temporary crisis in its export segment — a continuation of the dip which was seen in the fourth quarter of 2010.
DP World volumes up 14% in 2010
DP World, one of the world’s largest port operators, said container volumes rose 14 per cent last year fuelled by growth in Asia, Australia and the Americas, as well as the addition of new terminals.
3M Security Systems debuts world’s first multilateral border crossing programme
ST. PAUL, Minn. (Business Wire): Travellers between participating nations of the Caribbean Community (CARICOM) will enjoy faster, hassle-free travel due to a novel border security programme designed by 3M Security Systems.
Prize for worst company awarded on fringes of WEF
Reuters: Campaigners awarded a prize for corporate malfeasance on Friday to South Africa-based gold miner AngloGold Ashanti for its operations in Ghana as top executives met at the World Economic Forum.
I’m “Aussie Kim” now, says champion Clijsters
MELBOURNE (Reuters) – An ultra-bright smile replacing tears of joy, Belgian Kim Clijsters celebrated her first Australian Open title by telling a packed Melbourne crowd: “Now call me Aussie Kim!”
Oil ‘could top $ 120’ in 2011
Reuters: Oil should hit $ 120 a barrel or more this year as the market situation increasingly resembles 2008, with supplies struggling to keep pace with demand, oil tycoon T Boone Pickens said.
Australia take series after Brisbane victory
(Reuters) – Australia wrapped up a morale-boosting one-day series victory over England with two games to spare after a 51-run win in the fifth match at the Gabba on Sunday.
Rich corporations “must share wealth” to avoid unrest
DAVOS, Switzerland (Reuters): Poverty and unemployment reared their heads at the World Economic Forum last week, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.
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