Book Description
ISBN-1861978669
This is a somewhat unusual sort of book, but very attractive. It is filled with miscellaneous information that should prove of interest to business people, put together by one of the world’s top business authorities, The Economist.
The people at The Economist had in mind for this little red volume is something that the business [...]
With India's economic boom generating more foreign and domestic travel in the country, room rates have shot up in New Delhi and Mumbai, where a night at a central five-star hotel can cost more than $500. The Ministry of Tourism predicts India's room shortfall will increase by more than 50% to about 150,000 rooms by 2010 because of the increasing demand.Indian and international hotel chains are seizing the opportunity. Marriott International Inc. has 24 hotels in its pipeline to open by 2011. Hilton Hotels Corp. has agreed to put up 75 hotels over the next seven years in a partnership with Indian land developer DLF Ltd. Starwood Hotels & Resorts Worldwide Inc. plans 12 Sheraton and Westin-branded properties in the next three years.
A Business Miscellany: Booms, Busts, Blunders and a Great Deal More# Author:Economist# Format:PDF 1.7MB# Page Count: 256 pages# Publisher: Economist Books; New Ed edition (October 26, 2006)# ISBN-10: 1861978669# ISBN-13: 978-1861978660Full of facts and figures about all aspects of business, "The Economist Business Miscellany" is designed to inform, amuse, and provide plenty with which to entertain others. The magazine's contributors and researchers clearly had a lot of fun putting this together and readers will share in that fun.
Toronto - The housing market in much of the United States may be moribund, but in Toronto, something of a boom mentality still exists.In March, several hundred Toronto residents braved the cold to line up before the opening of the sales office of a new condo project. Certified checks in hand, they wanted to make sure they got their choice within Aura, a proposed 75-story residential tower scheduled to go up downtown.This isn't the first time condo sales debuts have drawn large crowds. In November 2007, speculative buyers waited patiently beside heat lamps to place deposits on another 80-story slab. Despite a last-minute price hike – apartments advertised for $2 million catapulted to $8 million – sales remained heavy.
World’s major hotel chains are moving in to tap the hospitality boom in Chandigarh. While Carlson Hotels Worldwide Asia Pacific announced its plan to set up a hotel at Zirakpur, it is an indication as to how the city has caught the fancy of the hospitality sector that is willing to expand itself in and [...]
In Hanoi, Bui Vu Thi has a new apartment in a good neighborhood with two bedrooms, one bath and a great view of the lake. She bought it three years ago, before it was even built. With some help from her parents, she paid $92,000 in cash. Today, she says, it's worth three times that.There's a lot of cash in Vietnam today, and more coming in foreign capital remittances from Vietnamese living and working overseas.
I first read this story in the newspaper on Sunday morning, and I can’t stop thinking about it. Everyone I’ve spoken to in the last couple of days has been subjected to this story, so fascinated by it am I.
Did you hear about the 62 year old French guy who’s about to be launched to a height of 40 km (25 miles) and do a seven minute free fall on to a Saskatchewan field, exceeding Mach 1 and creating a sonic boom with only his body in the process?
I’m honestly torn between “how wicked cool is that?” and “what kind of suicidal dumbass is he, anyway?”
From the canada.com article:
At 40,000 metres, temperatures are around -100 C and the air is so thin he will have to spend hours beforehand inhaling pure oxygen to remove all traces of nitrogen from his blood. He must nose-dive out of the pop-can-shaped capsule, freefalling for seven minutes before pulling his chute 1,000 metres from landing for an eight-minute descent to the ground. But if he g
In most of Europe, nuclear energy is seen as a vital tool to guarantee energy security; in the continent`s largest economy, however, things are a bit different. One of the fiercest opponents of nuclear energy is a German federal minister. Environment Minister Sigmar Gabriel of the center-left Social Democratic Party is one of the architects of the German plan to phase out nuclear energy by 2021. Earlier this week he increased the pressure on the German nuclear energy industry after security deficits surfaced at two plants run by Vattenfall Europe. This week in Berlin, Gabriel said that within a year all 17 German nuclear power plants must have an updated, state-of-the-art security concept, and deficits had to be repaired more quickly than in the past -- otherwise affected plants would be 'shut down' immediately. One such plant is Brunsbuettel, in northern Germany, where on June 28 a transformer in the reactor short-circuited, causing an emergency shutdown. When the reactor was restar
The housing market in the southern Australian state of Victoria is very hot and Melbourne is leading the way. According to several recent articles in the Melbourne Herald Sun newspaper (www.news.com.au/heraldsun ), home prices are set to rise by 150% or more over the next 10 years
A report in the Economic Times indicates that US global finance firm JPMorgan is currently in talks with Indian real estate firm Aparna Constructions & Estates with a view to investing $100 million in a property project in the country.
Property prices have tripled in two years; £200 a sq ft is about average, but values in the best areas – say, Old Arbat or Patriarch’s Ponds – can reach £3,000 a sq ft, a rate more than Roman Abramovich paid for his mansion in Eaton Square. The typical entry price for a central flat is about £500,000,
Cybercrime is such a massive business that it will soon rival the illegal drug trade in revenue. This dire prediction from an expert with security software maker McAfee comes as online conmen still find easy prey in careless Internet users. As companies get smart about computer security and build solid defences from invaders, [...]
Xbox Live Subscribers hit 6 million...Microsoft announced this factoid and others at GDC 2007. Yes it's a little bragging and patting on the back, but still interesting statistics:
2.3 billion hours (or 95 million days or 260,000 years) of 360 games played online since Xbox Live's November 2002...
[To read the full article, check out the blog. It has games, videos, and more!]
HAVANA -- Cuba's trade with China more than doubled in 2006 to nearly $1.8 billion, the Chinese customs office said Monday, as the Communist-run island prioritized its new revolutionary partners China and Venezuela. Since Cuba signed an agreement with Venezuela in late 2004 bartering and selling services for oil and also began receiving more credit from China, it has ordered all state companies to prioritize trade and investment with the two countries. China reported bilateral trade was $1.792 billion last year, up 105.4 percent from 2005 and compared with just $526 million in 2004. Cuban Vice President Carlos Lage said in January that bilateral trade with Venezuela was $2.6 billion in 2006, compared with $2 billion in 2005 and $1.4 billion in 2004. The Cuban government reported trade grew 27 percent in 2006, compared with the $9.5 billion reported in 2005, or to around $12 billion, meaning China and Venezuela accounted for more than 35 percent of all trade. Chinese ap
