Thursday 17th May 2012

Buffett remains solid on the American economy

Published : 12:00 am  May 3, 2011  |  Category: INTERNATIONAL  |  Leave a Comment  |  

(Reuters) – Warren Buffett is no analyst, but he still has a “strong buy” rating on America.
Tens of thousands of Berkshire Hathaway shareholders who descended on Omaha this weekend for the conglomerate’s annual meeting got one unmistakable message from Buffett — no matter how bad the economy, or the deficit, or the political divide,
the United States is as good a place to live and work as ever.

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Fukushima heats the Palk Strait

Published : 12:00 am  May 3, 2011  |  Category: SECTORS, Special Report  |  Leave a Comment  |  

By Professor Willie Mendis
 

India-Sri Lanka neighbourliness
What makes neighbours India and Sri Lanka special in the global community of nations? One is the huge contrast in their land mass and population. Another is the spirit of good neighbourliness with no malice at each other during its post-independent history; despite a few hiccups inevitable between close neighbours.

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Samsung seeks No. 1 position in Southwest Asia

Published : 12:00 am  May 3, 2011  |  Category: IT / TELECOM  |  Leave a Comment  |  

By C.B.M. Joseph
“This is a region of tremendous growth and potential for Samsung Electronics.  In 2010 Samsung achieved a remarkable 60% growth rate in Southwest Asia operations which is US$ 3.5 billion, contributing to the company’s US$ 135.8 billion in global revenues — the most successful in Samsung history,” said an elated J.S. Shin, President of Samsung Electronics – Southwest Asia, bursting with excitement.

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CIM Talking Point with a difference

Published : 12:00 am  May 3, 2011  |  Category: Business  |  Leave a Comment  |  

The second CIM Talking Point Programme for 2011, “Risk Management and its relevance to Marketing” ended reiterating the importance of understanding a marketer’s role in risk management by defining the types of risk, why do we need to abdicate a risk and how to reclaim it through the Risk Management Process.

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Emirates to spend $ 10 b a year on fleet

Published : 12:00 am  May 3, 2011  |  Category: Shipping / Aviation  |  Leave a Comment  |  

Reuters: Emirates, the Arab world’s largest airline, will spend about $10 billion a year to fund its fleet expansion over three years but is not under pressure to tap the bond market, a senior official said.

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