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  • Ford to close manufacturing operations in Australia slash 1200 jobs

    Ford will close its manufacturing operations in Australia and 1200 workers will lose their jobs in October 2016. Ford Australia president and CEO Bob Graziano said that the company would shut the Geelong engine factory, costing 510 jobs, and the Broadmeadows car assembly line, shedding another 650 positions, reports News.com.au. Sacked workers have been offered a 39 million-dollar rescue ...

  • Rosario Dawson suffers wardrobe malfunction by flashing undies at Cannes

    Rosario Dawson suffered a fashion mishap on the Cannes red carpet by accidently flashing her underwear to cameras while posing on the steps, on Monday. The 34-year-old actress looked gorgeous in a white beaded Elie Saab gown as she attended the premiere of 'As I Lay Dying', but she flaunted the front high-slit a little too much on the red carpet, Us magazine reported. After the mishap, Dawson ...

  • Chinas manufacturing slows HSBC

    China's manufacturing activity fell into contraction for the first time since October, a preliminary survey from the HSBC showed. The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for May fell to 49.6 in May, dropping under the boom-bust line of 50 for the first time since October, according to figures released by HSBC Thursday. Qu Hongbin, chief economist of the HSBC China, said ...

  • Manufacturing one pair of sneakers emits 30 pounds of carbon dioxide

    A typical pair of running shoes generates 30 pounds of carbon dioxide emissions, equivalent to keeping a 100-watt light bulb on for one week, a new MIT-led lifecycle assessment has revealed. But what's surprising to researchers isn't the size of a shoe's carbon footprint, but where the majority of that footprint comes from. The researchers found that more than two-thirds of a running shoe's ...

  • HSBC China manufacturing shrinks

    Beijing - Manufacturing activity in China contracted in May for the first time in seven months, HSBC said Thursday, in another sign of the weakness of recovery in the world's second-largest ...


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Movie Review

Under the Volcano [DVD]

Under the Volcano [DVD]

When we first see British consul Geoffery Firmin (Albert Finney) wandering through a marketplace in Cuernavaca, Mexico, there is no indication that anything is wrong. Dressed in a sharp black tuxedo, his hair immaculately in place, and large, dark sunglasses hiding his eyes, he ... ...

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  • Pacific Sunwear comparable store Q1 FY’13 sales up 2

    Pacific Sunwear of California, Inc. announced that net sales from continuing operations for the first quarter of fiscal 2013 ended May 4, 2013, were $169.8 million versus net sales from continuing operations of $162.3 million for the first quarter of fiscal 2012 ended April 28, 2012. Comparable store sales for the first quarter of fiscal 2013 increased 2%. The Company ended the first quarter of ...

  • Karnataka govt will not ban Bt cotton Minister

    The newly-formed Congress government in the southern Indian state of Karnataka is in favour of allowing farmers to make their choices on the use of genetically modified (GM) crops like Bt cotton, Agriculture Minister Krishna Byre Gowda has ...

  • US delegation to visit Bangladesh for Partnership Dialogue

    A delegation from the US, headed by Under Secretary Wendy R Sherman, will visit Bangladesh from May 26-28, 2013, for the Second U.S.-Bangladesh Partnership Dialogue, according to a statement released by the US ...

  • Limited Brands Q1 FY’13 revenues rise 5

    Earnings per share for the first quarter ended May 4, 2013, increased 17% to $0.48 compared to $0.41 for the quarter ended April 28, 2012. First quarter operating income was $311.2 million compared to $293.2 million last year, and net income was $142.5 million compared to $124.6 million last year.The company reported net sales of $2.268 billion for the 13 weeks ended May 4, 2013, an increase of ...

  • South African clothing workers strike against low wages

    Approximately 10,000 Southern African Clothing & Textile Workers’ Union (SACTWU) members from the clothing industry, mainly in KZN, embarked on protected strike action against member companies of the United Clothing & Textile Association (UCTA).This ‘warning’ strike was in protest against UCTA’s continued undermining of the clothing bargaining council and their ...

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