Red tape, corruption pull rug from under Afghan carpet business
KABUL (Reuters) - At a small shop a stone's throw from the Ghazi Stadium where Afghanistan's former Taliban government used to stage its public executions, Mohammad Hashem is worried about the death of his carpet business. Carpets are the country's best-known export, but prices, driven sharply higher by war, competition from abroad, red tape and corruption have taken the industry over a cliff ...
Investment bank slump tips C.Suisse to Q4 loss
ZURICH (Reuters) - Credit Suisse posted a surprise fourth-quarter net loss as business at its investment bank slumped and it took almost 1 billion Swiss francs ($1.1 billion) of charges for slashing costs and risky assets to meet tough new capital rules. "Our performance for the fourth quarter 2011 was disappointing," said Chief Executive Brady Dougan. "It reflects both the adverse market ...
Business : Mas Travel Fair 2012 Returns With Value-For-Money Deals
KUALA LUMPUR, Feb 9 (Bernama) -- The Malaysia Airlines Travel Fair (MATF)2012, an annual event with best prices and value deals for air travel, is back with more special offers for economy and business class journeys.
Zeebox Searches For Money In TV's Social Second Screen
After quickly gaining a warm reception and a rapid post-launch investment from BSkyB , the social TV app startup co-founded by ex BBC iPlayer head honcho Anthony Rose is making its first real play at monetisation....
Bank of England pumps more cash into economy to support recovery
LONDON (Reuters) - The Bank of England voted to inject more cash into the economy to shore up a fragile recovery and shield the country from fallout from the unresolved euro zone debt crisis. The central bank said on Thursday it would buy another 50 billion pounds of assets - mostly government bonds - with freshly printed money, taking the total to 325 billion pounds, as economists had expected ...
Colerain business seeks earlier start time
Neighbors of the Joseph Kauffman property on Bell Road attended Colerain Township Supervisors meetings several times last year to complain about loud noise from the shed-construction business, including start times that were earlier and later than the hours of operation granted to Kauffman when the ...