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Westpac backflip on India jobs shift
WESTPAC has sent a strike team to India to look at offshoring jobs, a week after the CEO was praised for saying they would stop sending jobs overseas.
The Australian

Corporate Jets: Luxury Or Necessity?
Private jets flown by CEOs have become symbols of excess. But for many, these small planes are vital to their businesses and their rural communities.
CBS News

Blank to stand down as Lloyds chief
More Business News Sir Victor - who said it was "the right time for the group to appoint a new chairman" - has faced criticism over Lloyds' rescue takeover of HBOS last year. Lloyd...
Big News Network

Deyaar seeks investments in five countries
Markus Giebel, CEO of Dubai's Deyaar Development, has said the company planning to expand operations into other parts of the Middle East and also into Africa. He said Deyaar has been in negotiations for contracts in five countries and hopes to announce the first deals in the next few months.
AME

EDF appoints bank for British grid sale
) has appointed Deutsche Bank to help it prepare for a possible sale of its British power grid as part of plans to reduce debt, the Sunday Times reported, without citing sources.
BBC

Iomega appoints Cizar Nazeeh Abughazaleh as Regional Sales Manager
Iomega International SA, an EMC company and a global leader in data protection, today announced that Cizar Nazeeh Abughazaleh has been appointed as Regional Sales Manager, Middle East, Africa and Turkey.
AME

AngloGold chief sees new era for gold
JOHANNESBURG: Gold is all set to enter into a new promising era. According to AngloGold Ashanti CEO Mark Cutifani, despite the decline in gold consumption by the Indian jewellery market, which has cut back on purchases because of the price increase, gold
Mining.com

Sweet Homes won?t drop property prices
UAE developer Sweet Homes, which is building two projects in Ajman, has said it will not drop the prices for its villas and apartments, despite the slump which is seeing property prices in much of the UAE fall. The company, which is building the Dhs3bn Ajman Uptown and Dhs1.7bn Rainbow Towers projects, said it would deliver properties on time. ?Maintaining the current prices of our property offerings is a strategy we deemed appropriate amidst current market developments, which indicate that recovery from the current crisis is at hand,? commented Fahad Sattar Dero, CEO of Sweet Homes Holdings.
AME

Dubai`s Deyaar switching more investments to international markets
UAE. Dubai property developer Deyaar is looking to expand into five countries to tap into cheap valuations stemming from the global financial crisis, the company's CEO said over the weekend.
Business Intelligence Middle East

Apple CEO Steve Jobs` historic Woodside estate: `Demolition by neglect`?
The 1926 Spanish Revival estate at the top of the hill, built by a copper magnate and now owned by tech titan Steve Jobs, is one step closer to demolition. My City: Peninsula news and more
Mercury News

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