The Ultimate Business Blog

The award of the Nobel Peace Prize to an imprisoned Chinese dissident is not an attempt to enforce Western values on China, organisers say. The award to Liu Xiaobo was about universal human rights and “honouring people in China”, Nobel Committee chairman Thorbjoern Jagland said. Beijing has said nations which attend Friday’s award ceremony in [...]

South Korea’s defence minister-designate has promised a tougher response, including air strikes, if North Korea attacks again. Kim Kwan-jin was responding to questions in parliament during his confirmation hearing. North Korea shelled a Southern island near the two countries’ disputed maritime border last week, killing four people and destroying many homes. South Korea’s spy chief [...]

Five young Somali men face life in prison after being convicted of piracy in the April attack on a US Navy ship. Prosecutors said the men attacked the USS Nicholas after mistaking it for a merchant ship and were out for as much as $40,000 (£24,800) in ransom money. But the men’s lawyers maintained the [...]

Lines of police are blocking in thousands of student protesters in central London, after a wave of protests against higher tuition fees and university budget cuts. Two police officers were injured as police held back demonstrators. A police van was attacked, fires started and barricades thrown at police during clashes in Whitehall. There have been [...]

All 29 men missing in a New Zealand coal mine since Friday are believed to be dead after a second explosion. Police Supt Gary Knowles said there was no hope that anyone could have survived the “massive” underground blast at the Pike River mine on South Island. Prime Minister John Key said the deadliest mine [...]

Yale University has promised to return thousands of archaeological pieces taken from Machu Picchu nearly a century ago, Peru’s president has said. The relics from the 15th Century Inca citadel have been the focus of a bitter dispute lasting more than seven years. Peru says the artefacts were loaned in 1911 but never returned. It [...]

President Barack Obama has said no nation should rely on exports to the United States for growth. He was speaking in Yokohama in Japan on the sidelines of the Apec summit. Mr Obama said countries with a large surplus must take steps to boost domestic demand – in an apparent reference to China and Japan. [...]

The people of Burma have voted in the country’s first national elections for 20 years. Ruling generals say the polls mark a transition to democratic civilian rule, but critics say they are a sham. The main opposition party, the National League for Democracy, led by Nobel laureate Aung San Suu Kyi, boycotted the vote. Observers [...]

Running a church is not easy. You need to have years of experience in running an organization to successfully run a church. There are crucial differences in terms of running a company and running a church. Though both require great skills of organization and leadership, the motive of the two are very different. Running a [...]

Doing good to people takes a lot of effort and money, right? Wrong. Ask any successful person who is giving back something to the society. He will tell you that it does not really take a lot of effort and money. All that it really requires is a good heart. The larger the heart, the [...]