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Business : Page 1405

World Cup turnover in Sao Paulo $450m
Sao PauloJuly 15, 2014 ET
The city of Sao Paulo received nearly 500,000 tourists from June 12 to July 10 due to the World Cup. More than 299,000 visitors were Brazilian and 196,000 were foreigners, according to the City Hall.
Business jet market in North America recovering
Business jetJuly 15, 2014 ET
The business jet market in North America continues to recover, while in Western Europe it is off the bottom, according to the UBS Global Research.
Scotland's private sector growing fast
Scotland private sectorJuly 15, 2014 ET
June saw a rebound in private sector growth, the latest Bank of Scotland PMI report showed. Business activity rose at the fastest pace in three months as manufacturers and services firms alike recorded accelerated expansions in output.
Construction in Ireland rises sharply in June
Construction IrelandJuly 15, 2014 ET
The Ulster Bank Construction Purchasing Managers’ Index (PMI) recorded a reading of 59.9 in June, down slightly from 60.2 in May but still signalling a sharp expansion of activity in the sector.
Fish drying method changes lives in Burundi
Lake TanganyikaJuly 15, 2014 ET
An FAO project to equip small fishing communities with the tools and know-how to dry fish on simple raised racks instead of on the sand has changed lives along the shores of Lake Tanganyika in Burundi.
Worldwide business confidence wanes
Worldwide businessJuly 14, 2014 ET
Worldwide business optimism has waned compared to the two-year high seen earlier in 2014, according to the latest Markit Global Business Outlook Survey.
Chinese export growth picks up in June
Chinese exportJuly 14, 2014 ET
China's export engine picked up steam in June, and import growth resumed, responding to a rebound in external demand and government support measures.
FAO and Thomson Reuters Foundation to launch online food security service
FAO Thomson ReutersJuly 14, 2014 ET
The Thomson Reuters Foundation is teaming up with the UN Food and Agriculture Organization (FAO) to improve global information and awareness on hunger and food-related issues.
Mexico to overtake Brazil as the top Latam automobile producer
Mexico car industryJuly 14, 2014 ET
Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output.
India's May IIP grows 4.7% from 3.4% in April
India factoryJuly 14, 2014 ET
India's Index of Industrial Production (IIP) for the month of May came in at 4.7 percent versus 3.4 percent in April, according to data released by Indian central statistics office.
Weekly trade value in Iran Mercantile Exchange exceeds $317m
Iran Mercantile ExchangeJuly 14, 2014 ET
Iran Mercantile Exchange (IME) witnessed a new record of trading $317mln of various kinds of commodities in five working days (July 5-July 9, 2014), the IME public relations announced.
The U.S. is getting ready to start exporting oil
U.S oilJuly 14, 2014 ET
The U.S Commerce Department gave Pioneer Natural Resources Co. and Enterprise Products Partners permission to ship a type of ultralight oil, also known as condensates, outside North America.

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