Business

Sunday, 12 May 2013

The Philippines: The world's budget English teacher

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Much cheaper lessons and a convincing US accent are bringing an increasing number of students to learn English in the Philippines. Continue reading the main story The Philippines is fast becoming the world's low-cost English language teacher - with rapid increases in overseas students coming to learn English or study in English-speaking...
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How are humans going to become extinct?

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Prepare to meet your maker: Will humans become extinct at our own hand? Continue reading the main story What are the greatest global threats to humanity? Are we on the verge of our own unexpected extinction? An international team of scientists, mathematicians and philosophers at Oxford University's Future of Humanity Institute is investigating...
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Greece and Cyprus EU-IMF bailout funds due

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Eurozone finance minsters are due to meet in Brussels later to agree bailout payments for Cyprus and Greece. There is still domestic opposition to the international bailout in Cyprus Cyprus is expected to get approval for the first 3bn euros (£2.5bn; $3.9bn) of its bailout package, which was agreed earlier this year. Ministers are...
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BP withdraws some Libya staff over security concerns

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Oil giant BP has withdrawn some non-essential staff from operations in Libya following UK government advice about uncertainty in the country. The BP move follows UK advice about uncertainty in Libya BP described the withdrawal as a "precautionary measure", adding that it would monitor the security situation. The Foreign Office withdrew...
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Osborne: G7 agree to target tax evasion and avoidance

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The G7 group of industrialised nations have agreed that there must be collective action against tax evasion and avoidance, the UK's finance minister has said. George Osborne co-chaired the two-day meeting in Buckinghamshire with Sir Mervyn King Chancellor George Osborne said after the talks that it was "incredibly important" that firms...
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