Exodus to Australia Risks N.Z. Labor Shortage - Bloomberg

An unprecedented outflow of New Zealand citizens last year for jobs and better pay in Australia is leaving the nation

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Italy, Spain Are Among Five Euro-Zone Nations Downgraded by Fitch Ratings - Bloomberg

The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in […]

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Officials confirm light fuel near ship

Italian officials have confirmed the presence of light fuel in the sea around the capsized Costa Concordia that appears to have come from machinery on […]

Wal-Mart names first woman as Sam’s Club CEO

Wal-Mart Stores Inc., the world’s biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam’s Club _ the first woman and […]

Eären Hummel hired as landscape designer at Bellefontaine Cemetery

Bellefontaine Cemetery has hired Eären L. Hummel as its director of landscape design.
Hummel specializes in historic and cultural landscapes. She documents and analyzes landscapes leading […]

Mexico: $93 million in corruption at electric co

Mexican prosecutors said Wednesday they have uncovered a $93 million corruption scandal at the Federal Electricity Commission, a public utility company that has been hit […]

Japan insurer reduces scandal-ridden Olympus stake

Nippon Life Insurance, the top shareholder in scandal-ridden Olympus Corp., said Thursday it reduced its stake in the Japanese camera and medical equipment maker that […]

Merck quadruples 3Q profit, beats analysts’ views

Drugmaker Merck & Co. says its third-quarter profit soared from results a year-ago quarter that were weighed down by huge acquisition and legal charges.
The maker […]

Obama to tap Krueger for economic post

A White House official says President Barack Obama will name labor economist Alan Krueger to a top administration post.
Obama will nominate Krueger to head the […]

China starts bullet train safety inspections

China has begun inspections of all its showcase bullet train lines following a crash last month that killed 40 people, as authorities try to work […]