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May 22, 2013
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| US Senate okays changes in Immigration Bill |
| India Infoline News Service/18:11,May 22, 2013 |
| The move made it easier for technology companies to hire highly skilled from overseas, which were otherwise required to recruit Americans over foreigners |
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| See short-term pressure in commodities :Credit Suisse |
| India Infoline News Service/17:15,May 22, 2013 |
| More generally, when expressed in euro or SDRs many commodities still remain under pressure (the yen remains a special case), with gold in particular falling substantially against all the major currencies as the bubble continues to unwind. |
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| Tech cos to benefit from yen weakness: Credit Suisse |
| India Infoline News Service/17:00,May 22, 2013 |
| Share gains versus profitability. In our view, to begin with, most Japanese tech companies will use these currency-related gains to improve their profitability and further their restructuring programmes. |
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| Indian crude basket falls sharply to 101.98/US$ bbl on May 21 |
| India Infoline News Service/15:34,May 22, 2013 |
| This was lower than the price of US$ 102.50/bbl prevailing on the previous trading day of 20.05.2013 |
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| Hitachi Data Systems unveils enterprise security to mobile workforce |
| India Infoline News Service/15:23,May 22, 2013 |
| The Hitachi Data Systems family of cloud services and solutions offer new options to help manage the multiple demands of IT. |
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| RBS Financial Services India launches Real Estate Services |
| India Infoline News Service/15:09,May 22, 2013 |
| RES is a referral based service which will offer a comprehensive range of real estate solutions to high net-worth (HNW) clients in India. |
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| Eurozone data: March current a/c surplus at 25.9bn euro |
| India Infoline News Service/14:49,May 22, 2013 |
| The seasonally adjusted current account of the euro area recorded a surplus of €25.9bn in March 2013 This reflected surpluses for goods (€21.8bn), services (€7.6bn) and income (€4.4bn), which were partly offset by a deficit for current transfers (€7.8bn). |
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| Crunch data in record time with IBM Watson Engagement Advisor |
| India Infoline News Service/14:46,May 22, 2013 |
| IBM Watson will empower a brand's customer service agents to provide fast, data-driven answers, or sit directly in the hands of consumers via mobile device. |
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| IRDA joins International Association of Insurance Supervisors |
| India Infoline News Service/14:30,May 22, 2013 |
| IRDA Chairman TS Vijayan said the regulator attaches great importance to sharing and exchanging information among supervisors |
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| UK govt to boost insurance industry |
| India Infoline News Service/14:15,May 22, 2013 |
| UK government would extend to the insurance industry a series of measures announced earlier this year to boost asset managers |
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| Honeywell Aerospace selected by Pilatus for PC-24 Cockpit Avionics |
| India Infoline News Service/13:23,May 22, 2013 |
| Primus Apex is proved on several platforms including the Pilatus PC-12 NG. Drawing on functionality from Honeywell’s Primus Epic flight deck, which is available for larger cabin business and regional aircraft, Primus Apex for the PC-12 NG and Pilatus ACE for the PC-24 ensure the consistency of design philosophy and operational practices throughout the Pilatus business aircraft line. |
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| Satcom Direct becomes Inmarsat GX Aviation distributor |
| India Infoline News Service/13:19,May 22, 2013 |
| Honeywell is the designated business aviation value-added reseller for Inmarsat GX Aviation Ka-band aircraft connectivity services and is making the service available to customers through a network of distribution partners. |
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| Honeywell unveils Eclipse as satellite communications distributor for EMEA region |
| India Infoline News Service/13:16,May 22, 2013 |
| Eclipse will utilise its experience as a leading satellite communications solutions provider to expand Honeywell’s established service and support infrastructure across the region, ensuring delivery to end customers of related hardware and services, including Honeywell’s Aspire and HD-710 satcom systems, CNX network accelerator, and antenna hardware. |
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| Economic growth moderates across Middle East: IMF |
| India Infoline News Service/11:12,May 22, 2013 |
| The healthy growth rates of the region’s oil exporters lgeria, Bahrain, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Yemen re projected to moderate from an average of 5.7% in 2012 to 3.2% in 2013 (see table). |
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| 26mn visitors came to Florida in Q1 2013: Survey |
| India Infoline News Service/10:48,May 22, 2013 |
| “More people visited Florida this past quarter than ever before,” Governor Scott said. “Record visitation to the Sunshine State means more jobs and opportunities for Florida’s families, which is great news.” |
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| New Zealand opens for big conference business with NZICC |
| India Infoline News Service/10:45,May 22, 2013 |
| The New Zealand International Convention Centre will be designed, built and operated by SKYCITY Entertainment Group. The NZ$315m development includes public convention and exhibition space capable of accommodating 3,500 convention delegates at one time. |
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| Japan’s economy has started picking up: BoJ |
| India Infoline News Service/10:25,May 22, 2013 |
| Exports have stopped decreasing as overseas economies have been moving out of the deceleration phase that had continued since last year and are gradually heading toward a pick-up, BoJ said |
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| 3i makes a 2.3x return on sale of Xellia |
| India Infoline News Service/10:10,May 22, 2013 |
| In sterling terms, the total proceeds to 3i and funds represent a 2.3x money multiple on their original investment of US$208 million (£113 million). |
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| Couples in US eager to trust, but hesitant to discuss finances: Survey |
| India Infoline News Service/10:06,May 22, 2013 |
| Perhaps because of their trusting nature, 52% of them do not feel the need to ask spousal permission to make purchases outside of their usual household expenses. However, men are more inclined to seek permission (47%) than women (35%). |
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| Time to set EU priorities on ind growth, jobs: European Council |
| India Infoline News Service/10:03,May 22, 2013 |
| This is at risk as a result of the continued financial and economic crisis, structural and regulatory issues specific to the EU, and excessively high energy prices for industrial producers in Europe. |
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