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27 Jul 2013

It will give them an opportunity to play an even bigger role in their enterprises strategic planning and decision making. They will be asked for insights from departments that once dismissed them as bean-counters. IBM William Fuessler, global financial strategy and transformation leader for IBM Global Business Services. CFOs need to make sure that their organizations are ready to respond to these requests. They need to develop plans for hiring and training staffers. They need to be ready to advise other departments about who to hire to make use of this emerging technology.

How Finance Fueled Students' And Nonprofit's Future

RSF gave us the responsibility to perform financial...



25 Jul 2013

The official said the pre-feasibility study of the project had been completed a couple of years back but the US administration wanted the feasibility study of international standards and parameters to meet requirements of the Congress before appropriation of funds for construction of the dam project. Therefore, an unspecified funding would be made available by the US administration through the USAID to complete the feasibility study. He said the US would support construction of the project so that donors and international financial institutions could feel comfortable in extending loans, investments and technical support to the project. aPakistan welcomes the interest shown by the US Congress for its support in...



23 Jul 2013

Former socialist Finance minister George Papaconstantinou at the Greek Parliament in Athens on January 17, 2013. Information that the list had been misplaced, copied and altered so as to exclude certain names then started coming to light, causing a major uproar. The three charges against Papaconstantinou are breach of trust, doctoring an official document and dereliction of duty. If convicted, he faces a prison sentence. Papaconstantinou served as finance minister from October 2009 to June 2011, and was finance minister when Greece negotiated its first international bailout. Because he is a lawmaker, Parliament has to approve the lifting of immunity before any prosecution can proceed.

VOLTA FINANCE : - PUBLICATION OF LIQUIDITY...



23 Jul 2013

Chinese economy set to turn around, no hard landing: finance minister

"Gerry has served tirelessly on the Board of Finance," said RTC member Cristina Andreana . "He's gained the respect of all members of that board and he's always managed to stand for Republican values." Sal Gabriele, who represents District 16 on the Board of Representatives . "He's been on the Board of Representatives for six years now and diligently exposed the corruption or whatever goes on down there," said RTC member Phil Balestriere . Joe Sargent, a Fairfield-based attorney who represented Gabriele and former Board of Finance Chairman Joe Tarzia in their defenses against ethics complaints. "He knows more about the city than most...



23 Jul 2013

Chinese economy set to turn around, no hard landing: finance minister

Yet Timur Kuran, professor of economics and political science at Duke University and a leading authority on Islamic economics, argues that Islamic finance is a faith-based fabrication that sits awkwardly in a modern business school. More The MBA a degree of relevance for the 21st century? What is Islamic or sharia finance? Islamic economics requires financial transactions to be free of interest. The replacement of interest with profit and loss sharing, say its proponents, serves to direct capital to its most productive users, as opposed to individuals with the best connections, collateral, or social status.

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21 Jul 2013

Further Progress on Housing Finance

It said it had been aware of the travel restrictions since the end of June. Nechelput continues to work in his role as finance director for the company's China unit. (AP Photo/Kirsty Wigglesworth, File) JOE McDONALD July 18, 2013 BEIJING (AP) Drug manufacturer GlaxoSmithKline, under investigation on suspicion its employees bribed Chinese doctors, said Thursday the finance director for its local unit has been barred from leaving China. The executive, Steve Nechelput, has not been questioned or arrested and is free to travel within China, the British company said in a statement. It said it had been aware of the travel restrictions since the end of June.

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21 Jul 2013

Peshawar’s top colleges: Self-finance admissions galore

The official Xinhua News Agency said the scheme appeared to be aimed at evading GSK's internal controls meant to prevent bribery. GSK has said it opposes bribery and was cooperating with the investigation. On Wednesday, the Chinese drug regulator launched a crackdown on misconduct in its pharmaceutical market, though it gave no indication it was linked to the GlaxoSmithKline probe. The State Food and Drug Administration said the campaign is aimed at stamping out unauthorized drug production, improper online drug retailing and sales of fake traditional Chinese medicines.

FILE - This April 28, 2010 file photo shows the GlaxoSmithKline offices in London. Drug manufacturer GlaxoSmithKline, under investigation in China on suspicion its employees bribed doctors, said Thursday, July 18, 2013 its finance director for the country has been barred from leaving. The executive, Steve Nechelput, has not been questioned or arrested and is free to travel within China, the British company said in a statement. It said it had been aware of the travel restrictions since the end of June. Nechelput continues to work in his role as finance director for the company The outstanding results of the ICP and JCW students...



20 Jul 2013

Demonstrators hold trays with bites decorated with small portraits of the government members during a protest in front of the delegation of the Spanish government in Catalonia, in Barcelona, Spain, Thursday July 18, 2013. Spain’s prime minister brushed off demands he should resign after text messages emerged showing he had a cozy relationship with a disgraced political party treasurer who amassed 47 million euros ($61 million) in secret Swiss bank accounts. The spectacle of alleged greed and corruption has enraged Spaniards hurting from austerity and sky high unemployment with no end in sight. (AP Photo/Emilio Morenatti) If adopted, the measures would close loopholes and allow countries to tax profits held in offshore subsidiaries. It would also target such practices as deducting the same expense more than once, in more than one country. At a summit last month in Northern Ireland, leaders of the G-8 countries published sweeping goals for tightening the tax rules on globe-trotting corporations that long have exploited loopholes to shift profits into foreign shelters that charge little tax or none. But that initiative, aimed at forcing the Googles and Apples of the world to pay higher taxes, contained only aspirations, not binding commitments. Copyright 2013 The Associated Press.

Pakistan launches media campaign...



20 Jul 2013

Credit: Reuters/Lucas Jackson Fri Jul 19, 2013 4:26pm EDT (Reuters) - JPMorgan Chase & Co (JPM.N) expects to name two directors with expertise in risk or finance to its board, according to a person familiar with the matter. The appointments, to come this year, will follow the resignations on Friday of two members of the board who had been on the panel's risk committee when the company made its "London Whale" derivatives trades that ultimately cost it more than $6.2 billion and damaged its reputation. (Reporting by David Henry in New York; Editing by Gary Hill) Tweet this

G20 puts growth before austerity, seeks to calm markets

"There were no arguments but there was discussion,"...



19 Jul 2013

Eni-Enel Stake Sales Weighed by Italy Finance Chief to Cut Debt

* Check Live Stocks The total income during the period rose to Rs 8,482.85 crore, from Rs 7,388.51 crore in the same period a year ago. The consolidated result includes profit of subsidiaries such as HDFC Bank, HDFC Standard Life, HDFC Ergo General Insurance, HDFC Venture Capital and Gruh Finance Ltd. Parent company HDFC alone recorded a net profit of Rs 1,173.10 crore during the April-June quarter, up 17 per cent against Rs 1,001.91 crore in the same period a year ago. *Search: India Inc A, B, C The total income during the period on standalone basis rose to Rs 5,556.94 crore from Rs 4,934.95 crore in the same period of the previous...