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06 Feb 12 - Business Major Companies News

After Facebook's IPO, Payments Business Is Poised For Major Growth
(Advertising is still a major business for Facebook and will be the company's mainstay for some time.) It will be interesting to watch to see if this trend continues.

Scottish firms 'locked out' from procurement contracts
Scotland is losing out on contracts worth hundreds of millions of pounds because Scottish firms are "locked out" of major building and infrastructure projects, according to a think-tank. A report by The Jimmy Reid Foundation claimed the current public ...

Global energy sector must learn from past events to reduce major loss potential
In order to reduce the risk of significant property damage losses, energy businesses need to learn from the sector's past major loss events according to a report published today by Marsh for its National Oil Companies (NOC) Conference in Dubai.

Questions over new live sheep export rules
New rules will apply in Australia's biggest live sheep export markets in three weeks. But there are questions over whether they'll stop sheep mistreatment and whether Australian farmers may lose customers.

100 firms to showcase products at major expo
MANAMA: More than 100 exhibitors from 21 countries will take part in the fifth Gulf Industry Fair which opens tomorrow under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa.

Major Commercial Movers, Labor Institutions Announce “Moving Forward” Trade ...
New York, NY - February 6, 2012 - (RealEstateRama) - Fed up with companies and organizations that are lowering standards for quality of work and treatment of workers in the commercial moving industry, a group of the area's largest and most ...

Bigger US role against companies' cyberthreats?
A developing Senate plan that would bolster the government's ability to regulate the computer security of companies that run critical industries is drawing strong opposition from businesses that say it goes too far and security experts who believe it ...

All aboard the investment merry-go-round
Strangely, though, none of the other investment companies seem to return the favour. Argo's biggest shareholder has less than 1 per cent of issued capital, three out of five of its biggest investors are related to deputy chairman and one-time ...

Why good companies do bad things?
There is no shortage of material to paint businesses as psychopathic villains, with no values or morals. Step forward the alternative view.

Markets Live: Shares look higher despite offshore dip
We've got major companies reporting first half results and an RBA rates decision due at 2.30pm. Not to mention a jittery night on overseas markets as - heard this one before?

Markets Live: Shares post hesitant start
The decision will be published by BusinessDay at 2.30pm, followed by analysis and reactions from across the business world.

DuBiotech posts over 33% growth
DUBAI - Dubai Biotechnology and Research Park (DuBiotech), a major Life Sciences hub in the Middle East and a member of TECOM Investments, has registered over 33 per cent growth during 2011 with 21 biotechnology companies setting up operations at the ...

Analysis: Japan's stay-at-home firms finally spread their wings
By Junko Fujita | TOKYO (Reuters) - Japanese companies are again venturing offshore, and this time a new breed of business is striking deals overseas. Japan Inc splurged a record $70 billion on foreign acquisitions last year, taking advantage of a ...

Axe plan for sex bias laws, says business
BUSINESS is demanding Labor dump a proposal to model new anti-discrimination laws on a key pillar of the Fair Work Act that has already burdened employers with a surge in speculative claims designed to force costly payouts. The government is developing ...

Bashing of banks 'could cost jobs'
The Aus Austal chief executive Andrew Bellamy has criticised a planned treaty designed to boost military exports to the United States, warning that it will only add to the cost and complexity of doing business for Australian companies.

Businesses are urged to 'Take a Step' for Fairtrade in 2012
This year it expects the highest level of business engagement. Amongst the major supermarkets, the Co-operative will be celebrating 10 years of Fairtrade chocolate, and both Sainsbury's and Waitrose are marking five years of stocking 100% Fairtrade ...

Robert B. Cohen, Hudson News Chain Founder, Dies at 86
Mr. Cohen was president of the Hudson County News Company, a major newspaper distributorship, when it went into the retail field in the mid-1970s by taking over a bankrupt newsstand at the Newark airport.

451 Research Recognizes Apptio as "Bellwether" Company in IT Financial ...
The December 2011 report, "2012 Review - Infrastructure and Cloud Enablement," highlights the major areas in enterprise infrastructure and cloud-enablement technologies that 451 Research expects to drive industry innovation in 2012.

Group deals love affair
Physical products now account for 30 per cent of the total market and Yip says this shift could change the face of the industry and introduce competition between deal of the day and grocery and discount online department stores.

Good Brew: Happy Employees, Local Flair
based coffee company just announced a partnership in India, a difficult market for foreign businesses. "We think in the long term it's going to be another core engine for the enterprise, given India's potential and growth.