DailyWeeks
Headlines News :
dailyweeks
Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Bloombeg TV Expand to Indonesia Next Year

Bloomberg Television on Monday announced the formation of a partnership in Indonesia with the Idea Group, a Jakarta-based media and strategic communication holding company, to launch Bloomberg Television Indonesia in early 2013.

Presented in Bahasa Indonesia, Bloomberg Television Indonesia will bring Bloomberg news, alongside locally-produced content, to southeast Asia's largest economy.

Bloomberg TV Indonesia will partner with existing broadcast entities and air on Free to Air, Pay TV, internet and mobile platforms.

"Indonesia is not just one of the largest consumer markets in Asia, it also has one of the fastest growing economies and rising investor classes,"  Gary Groenheim, Commercial Director of Bloomberg Television, Asia-Pacific, said in a statement sent to the Jakarta Globe.

"We have long identified Indonesia as a strategic emerging market to take Bloomberg Television's global experience and translating that into a meaningful local TV proposition. With the Idea Group, we have found a partner with the vision and passion to take business news from its traditionally narrow and specialist confines to a broader, mainstream audience," he added.

Ziva Narendra Arifin, CEO of Idea Group Indonesia, said the partnership will involve transfer of skills, experience and journalism ethics, and added that it will certainly benefit the local market.

“This partnership is based on a shared mission of providing locally relevant, influential business content that will enhance the lives of Indonesia’s rapidly growing consumer class, which has limited access to business management education," Ziva said.

Ziva added that as a business content provider, the Idea Group Indonesia has a long-term interest in educating the local population about important business and economic news, and bringing local content to the rest of the world.

Sources: The Jakarta Globe
Editor: DailyWeeks

Sinar Mas to Build Oleo chemical Plant in Dumai

Sinar Mas Group to build a renewable oleo chemical plant in Dumai, Riau with IDR2 trillion investment or US$245 million.

Managing Director of Sinar Group, Gandi Sulistiyanto confirmed oleo chemical plant construction plan in Dumai, Riau.

The plant construction is predicted to be completed on scheduled set by company. However, he was reluctant to mention the details of investment value and production capacity.

Based on information collected by Bisnis, the company will build oleo chemical plant in 24 hectare area.

Directorate General of Agro Industry Benny Wachyudi said the company is reviewing the incentive to the government both tax holiday and tax allowance.

The company to build a plant-based palm oil with an investment reached US$245 million and will absorb 1,000 workers.

Sources: Bisnis Indonesia
Editor: DailyWeeks

US Jobless Rate at 7.7%

Washington. US employment grew faster than expected in November as the hit from superstorm Sandy on payrolls was less forceful than many feared.

At the same time, the jobless rate fell to a near four-year low, but that was largely because so many Americans gave up the hunt for work.

Nonfarm employment increased by 146,000 jobs last month, the Labor Department said on Friday, defying expectations of a sharp pull back related to superstorm Sandy.

The government said the storm that slammed the densely populated East Coast had not had a substantive impact on last month’s employment and unemployment estimates.

The 0.2 percentage point drop in the unemployment rate to 7.7 percent — the lowest since December 2008 — represented a drop in both the labor force and employment as measured by a survey of households. Economists generally rely more heavily on the payrolls reading from the separate and much larger survey of employers.

While job gains for both September and October were revised to show 49,000 fewer jobs created than earlier reported, the revision was concentrated in the government sector.

Job gains have averaged 151,000 per month this year, just enough to push the jobless rate lower, but only slowly. Economists say roughly 200,000-250,000 jobs per month are needed to really make headway.

Employment continues to be held back by fears the government may fail to prevent the $600 billion in automatic tax hikes and government spending cuts set to take hold at the start of next year. The debt crisis in Europe has also weighed.

With the pace of job growth still too slow, November’s report is not expected to have much impact on Federal Reserve policymakers, who meet next Tuesday and Wednesday.

Relentless labor market weakness led the Fed in September to launch a program to buy $40 billion worth of mortgage-backed securities every month to drive down borrowing costs.

That is on top of a program dubbed “Operation Twist” in which it was re-weighting securities it holds toward longer maturities. Twist expires at the end of this month and economists expect the Fed to replace it with a program that buys government bonds with newly created money.

All of the meager jobs gains in November were in the private sector, with government employment slipping 1,000.

Within the vast private services sector, retail employment gained 52,600, professional and businesses services increased 43,000. Temporary help hiring increased 18,000.

In the goods-producing sector, manufacturing employment fell 7,000. Construction payrolls surprisingly dropped 20,000, despite a surge on homebuilding, which is benefiting from the Fed’s accommodative policy stance.

Sources: Reuters, The Jakarta Globe
Editor: DailyWeeks

Bus Driver Restore Money Bags Containing 309 thousand euro

One more story of human honesty that often can not be trusted. This time it happened in Vienna, Austria, and the person was a bus driver.

The driver's name was WolfgangR (51). On Wednesday (11/05/2012), Wolfgang recently completed work driving a bus in the capital of Austria's.

As he was checking the bus, he found a bag lying on the seat right behind the driver's seat. Wolfgang astonishment when he opened the bag containing the money 309,000 euros.

"At first I thought it contained drugs or groceries," says Wolfgang told the daily Krone.

Without thinking, Wolfgang then took the bag containing the money to the police station. According to documents in the bag, police found a bag that turned out to be the owner of a retiree who just withdrew all his life savings from the bank.

So, what about us? Can we be like Wolfgang?

Source: Kompas, AFP
Editor: DailyWeeks

U.S. Presidential Election Cost $ 2 Billion

U.S. Presidential Election 2012 cost more than two billion dollars. This is the cost for a few weeks before the election on 6 November and is the most expensive in the history of U.S. politics.

Federal Election Commission said the figures after entering all expenses during the election campaign. Each candidate spends less cost by a similar amount, more than one billion U.S. dollars.

Cost is included to support the campaign of U.S. President Barack Obama and Republican presidential candidate, Mitt Romney, who eventually defeated.

Estimated cost of the campaign was very intense because both sides attacking each other action, including through advertising, and operating costs both sides in the field are also competing very fiercely.


Source: Kompas
Editor: DailyWeeks

US Breaks $1bn in Online Black Friday Shopping

US shoppers spent heavily online on the crucial Black Friday shopping day, for the first time topping a billion dollars in online sales in a single day, analysts and retailers said.

Consumer spending makes up more than two thirds of US economic activity. So the short but busiest consumer sales season has a huge importance to the US economy for the whole year.

This year, online shoppers spent a grand total of $1.042 billion on Friday, surpassing last year's Black Friday haul by 26 percent, according to the consulting firm Comscore.

Coming next is "CyberMonday," the day Americans go back to work and online retailers launch heavy promotions to reel in more shoppers.

"According to norms we've observed over the past three years," retail analyst ShopperTrak said, the Monday after Thanksgiving "should be the heaviest online shopping day of the season with sales approaching $1.5 billion or even higher."

American consumers spent an average of $423 this weekend, compared to $398 last year, the group reported.

However, the NRF did not revise its prediction for the US holiday shopping season as a whole, keeping it at a 4.1% increase year on year, arguing that consumers remain cautious about the economy.

The looming threat of the "fiscal cliff," which could send taxes soaring if Republicans and Democrats do not reach a compromise on reducing the deficit before the end of the year, also had the retailers worried.

And despite the good numbers overall, sales at brick-and-mortar locations were sluggish on "Black Friday:" in-store traffic increased by 3.5 percent on Friday with more than 307 million visitors, but total sales actually went down compared to the previous year by 1.8 percent, according to ShopperTrak.

Source: Agence France-Presse
Editor: DailyWeeks

The mummy dogs on display in the city museum Torreon

The mummy dogs found in the Cueva de la Candelaria in Coahuila in 1953. Mummy mummy became the first dog that was found in Mexico. Typically, dog mummies found in Peru and Egypt.

Mummified dogs were found with 4000 artifacts and about 200 human bones. Age mummy estimated 800 - 1200 years. With the discovery of human bones, archaeologists believe that the dog has been maintained and used to help hunt in the past.

Mummy dog is now on display in the city museum Torreon. Archaeologists Yuri De La Rosa of the Inah said, the mummy was suspected of naturally preserved by the dry desert where discovery. Dog's skin dry desert conditions to the bone.

Sources: Kompas, Daily Mail, Daily Art
Editor: DailyWeeks

Google Slammed by Disappointing Earnings

Google on Thursday reported a sharp drop in third-quarter profits, in disappointing results which sent the Internet giant's stock price tumbling after an erroneous early release.

Net profit was reported at $2.18 billion, down 20 percent from $2.73 billion in the same period a year ago.

Google stock slid 8.0 percent to end at $695, taking the company's market value back down below that of Microsoft, which it overtook earlier this month as the number two player in the tech sector behind Apple.

The results were made public in a regulatory filing hours ahead of their scheduled release, which Google called a "draft" released by a printer "without authorization."

The final version came a few hours later, with the same numbers but with a comment from chief executive Larry Page in place of a line on the draft which said, "PENDING LARRY QUOTE."

"We had a strong quarter," Page said in the statement.

"Revenue was up 45 percent year-on-year, and, at just 14 years old, we cleared our first $14 billion revenue quarter. I am also really excited about the progress we're making creating a beautifully simple, intuitive Google experience across all devices."

In a conference call, Page later apologized for the mistake.

"I am sorry for the scramble earlier today. As our printers have said, they hit send on the release just a bit early," he said.

Google said revenue including sales from its newly acquired Motorola Mobility unit amounted to $14.1 billion. Google's own ad and other revenue rose 19 percent from a year ago to $11.53 billion.

Google's earnings per share adjusted for special items amounted to $9.03, far below Wall Street expectations of $10.65 per share.

Analysts were largely unfazed by the weak results.

"At first blush Google missed on the revenue and earnings per share lines, but a closer look suggests problems seem related to Motorola," said Brian Pitz and Brian Fitzgerald at Jefferies in a note to clients.

"Google core search seems healthy," they said, maintaining a price target of $850.

Independent tech analyst Jeff Kagan called the soft results "just a hiccup in Google's climb" and said the firm was still "on the growth side of the wave."

Anthony DiClemente at Barclays argued that "the sell-off presents a buying opportunity as we think the Street was overly optimistic going into the quarter and did not fully discount the potential Motorola drag on the business."

Google in May completed a $12.9 billion deal for Motorola Mobility, a key manufacturer of smartphones and other devices that put the Internet giant in head-to-head competition with Apple.

Google acquired 17,000 patents with the purchase of Motorola Mobility and has been strengthening its patent portfolio in the fight for dominance in the booming smartphone and tablet market.

Motorola Mobility was created in 2011 when US-based Motorola Inc. split the company into two separate entities: a mobile devices unit, and a government and public safety division known as Motorola Solutions.

Google remains dominant in its core area of online advertising with a 74.5 percent share of the US search ad market, according to data from eMarketer.

Google's ad revenue alone is expected to account for 41.3 percent of total US digital ad revenues in 2012, eMarketer projects.

Source: AFP, The Jakarta Globe
Image: The Jakarta Globe

The girl who slept 19 hours a day

Sleeping Beauty turns out there in real life. Nicole Delian (17), teenagers from the city of North Fayette, Philadelphia, USA, suffers from a condition called Kleine-Levin Syndrome or Sleeping Beauty Syndrome.

As a sufferer of this syndrome, Nicole can sleep between 18 to 19 hours a day so I wonder if Nicole was tired sleep. Conditions Nicole so badly, so she could spend the holidays with just a bed. Eventually he woke up one day in January and opened Christmas presents with family.

Kleine-Levin syndrome is very rare. So far there were only 1,000 people in the world who have it.

When the syndrome is attacked, the patient will feel very tired and could not sleep day and night. They usually waking only to eat or do other intent.

People with this syndrome often also feel focused and they are very sensitive to sound or light.

So far have not found a way to cure this syndrome, but the family of Nicole uses a combination treatment of epilepsy and narcolepsi to slightly reduce the "suffering" of their daughter.

Sources: Huffington Post
Editor: DailyWeeks
 
.
.
.
.
Support : DailyWeeks.com Copyright © 2012. Dailyweeks - All Rights Reserved Proudly powered by Blogger