Lesotho, Helped by Wal-Mart, Salvages Jobs, Irks Unions on Wages and Hours

Lesotho, Helped by Wal-Mart, Salvages Jobs, Irks Unions on Wages and Hours
Oct. 19 (Bloomberg) — A year after firing almost a fifth ofthe workers at its factory in Lesotho’s capital of Maseru, RaytexGarments (Pty) Ltd. is hiring them all back. [Lees verder]

After 12,000, Dow Average May Have to Wait a While for the Next Milestone
Oct. 18 (Bloomberg) — Further milestones may prove elusivefor the Dow Jones Industrial Average, which surpassed 12,000 forthe first time just two weeks after reaching a record high. [Lees verder]

Henderson’s Reilly Adds Singapore REITs to Bolster Asian Property Fund
Oct. 18 (Bloomberg) — Chris Reilly arrived in Singapore toinvest in Asia real estate stocks in 2001 and faced the lowestproperty values in a decade. Now he’s the best performer amonghis peers. [Lees verder]

Placenta, Scorpion Remedies Lure Tourists to Singapore’s Chinese Healers
Oct. 19 (Bloomberg) — Wu Xiao Xiu moved to Singapore fromBeijing three years ago, bringing with her knowledge gained froma decade of practicing traditional Chinese medicine. She hasn’tlooked back. [Lees verder]

Donohue, Lawyer Who Never Traded, Pushes Chicago Pits Toward Extinction
Oct. 18 (Bloomberg) — Craig Donohue rose through the ranksof the Chicago Mercantile Exchange as a lawyer, becoming chiefexecutive officer without trading contracts on the floor. Nowhe’s made it less likely a successor will ever work in the pits. [Lees verder]

Oracle’s Ellison Uses `Art of War’ in Software Battle With Germany’s SAP
Oct. 17 (Bloomberg) — Not since SAP AG founder HassoPlattner dropped his pants in front of Larry Ellison’s supportvessel in a 1996 yacht race have tensions between the rivalsoftware makers been so high. [Lees verder]

Arnott’s `Fundamental’ Stock Index Beats S&P 500 This Year, Sparks Debate
Oct. 18 (Bloomberg) — Robert Arnott says he has found a wayto create a winning U.S. stock index: his own, which he callsfundamental indexing. [Lees verder]

French Senators Get a Lesson in Capitalism From Visits to Michelin, LVMH
Oct. 18 (Bloomberg) — French Senator Paul Girod says he hadno idea that making a tire was so complicated. [Lees verder]

Billionaires Packer, Stokes Make First Moves in Australian Media Shakeup
Oct. 18 (Bloomberg) — Australian billionaires James Packerand Kerry Stokes today made the first moves in what is set to bethe biggest shakeup of the nation’s media in 20 years. [Lees verder]

Lesotho, Helped by Wal-Mart, Salvages Jobs, Irks Unions on Wages and Hours
Oct. 19 (Bloomberg) — A year after firing almost a fifth ofthe workers at its factory in Lesotho’s capital of Maseru, RaytexGarments (Pty) Ltd. is hiring them all back. [Lees verder]

After 12,000, Dow Average May Have to Wait a While for the Next Milestone
Oct. 18 (Bloomberg) — Further milestones may prove elusivefor the Dow Jones Industrial Average, which surpassed 12,000 forthe first time just two weeks after reaching a record high. [Lees verder]

Henderson’s Reilly Adds Singapore REITs to Bolster Asian Property Fund
Oct. 18 (Bloomberg) — Chris Reilly arrived in Singapore toinvest in Asia real estate stocks in 2001 and faced the lowestproperty values in a decade. Now he’s the best performer amonghis peers. [Lees verder]

Placenta, Scorpion Remedies Lure Tourists to Singapore’s Chinese Healers
Oct. 19 (Bloomberg) — Wu Xiao Xiu moved to Singapore fromBeijing three years ago, bringing with her knowledge gained froma decade of practicing traditional Chinese medicine. She hasn’tlooked back. [Lees verder]

Donohue, Lawyer Who Never Traded, Pushes Chicago Pits Toward Extinction
Oct. 18 (Bloomberg) — Craig Donohue rose through the ranksof the Chicago Mercantile Exchange as a lawyer, becoming chiefexecutive officer without trading contracts on the floor. Nowhe’s made it less likely a successor will ever work in the pits. [Lees verder]

Oracle’s Ellison Uses `Art of War’ in Software Battle With Germany’s SAP
Oct. 17 (Bloomberg) — Not since SAP AG founder HassoPlattner dropped his pants in front of Larry Ellison’s supportvessel in a 1996 yacht race have tensions between the rivalsoftware makers been so high. [Lees verder]

Arnott’s `Fundamental’ Stock Index Beats S&P 500 This Year, Sparks Debate
Oct. 18 (Bloomberg) — Robert Arnott says he has found a wayto create a winning U.S. stock index: his own, which he callsfundamental indexing. [Lees verder]

French Senators Get a Lesson in Capitalism From Visits to Michelin, LVMH
Oct. 18 (Bloomberg) — French Senator Paul Girod says he hadno idea that making a tire was so complicated. [Lees verder]

Billionaires Packer, Stokes Make First Moves in Australian Media Shakeup
Oct. 18 (Bloomberg) — Australian billionaires James Packerand Kerry Stokes today made the first moves in what is set to bethe biggest shakeup of the nation’s media in 20 years. [Lees verder]