Amazon launched its biggest campus in the world when it opened a vast new building in India. Housing over 15,000 employees, the new site in Hyderabad, which used more than twice as much steel than the Eiffel Tower in Paris, covers 9.5 acres and has 1.8 million square feet of office space. The unveiling in the southern Indian city on Wednesday underscores the company's expansion plans in the country that has been one of its fastest growing overseas markets. It comes months after the Seattle-based company scrapped plans to build a major outpost in New York, blaming opposition from local leaders. Amazon.com Inc then picked Arlington, Virginia, as the site for its upcoming second headquarters. Amazon opened its biggest global building in Hyderabad covering 9.5 acres and with 1.8 million square feet of office space The new campus in the southern Indian city underlines Amazon's ambition to conquer the emerging Indian markets Construction workers at the site in Hyderabad. The … [Read more...] about Amazon opens its biggest campus in the world in INDIA covering 9.5 acres and housing 15,000 employees
Deputy prime minister of india
The surprising thing about Arnaud Montebourg's departure from the French government after he criticised the cabinet's economic austerity policies is that the controversial economy minister survived for so long. The 51-year-old has been a thorn in the side of François Hollande ever since the Socialist president was elected in May 2012. In Montebourg's first incarnation as industrial recovery minister, the proud initiator of a "Made in France" campaign was never short of a controversial soundbite. He told the steel magnate Lakshmi Mittal in November 2012 that "we no longer want Mittal in France" amid high stakes negotiations aimed at keeping blast furnaces at Florange afloat. In February last year he got into a public spat with the CEO of a US tyre-maker who had declined to invest in France because of the "lazy" workforce, which he said only worked for three hours per day. But he also turned his guns on his own side. In open warfare with the "ultra-liberal" policies of then economy … [Read more...] about Arnaud Montebourg: the maverick minister who sparked French crisis
On a Wednesday night at a student hall of residence in southern Paris, residents were surprised to find a group of people in matching grey T-shirts knocking on bedroom doors to ask them earnestly what was wrong with France. “Can you name something that works in France today?” asked one of the door-knockers. A 19-year-old studying human resources scratched her head and said she couldn’t think of anything. “OK, what doesn’t work in France?” came the next question. That was easier to answer. “Unemployment and having no hope of ever finding job that matches my qualifications,” said the student, who said she came from a poor suburb of Toulouse plagued with discrimination. Her answer was diligently noted down. It was a typical evening’s work for the volunteer members of France’s newest political movement, En Marche! — or Forward! — set up by the iconoclastic young economy minister, Emmanuel Macron, as a launchpad for a … [Read more...] about Will France’s young economy minister – with a volunteer army – launch presidential bid?
The US and European Union have imposed sanctions on Russian and Ukrainian officials in response to Russian actions in Ukraine, which culminated on Sunday in Crimea's vote to join Russia. But Washington also appeared to be settling old scores, as several officials slapped with sanctions have had little to do with Russia's Ukraine policy, while some of the country's main Ukraine hawks were not on the list. The executive order by President Barack Obama to impose a travel ban and asset freeze on 11 officials was meant to rebuke Russia for "actions that violate the sovereignty and territorial integrity of Ukraine, including their actions supporting the illegal referendum for Crimean separation", the White House said in a statement. The Russian reaction to the list was derisive. Influential blogger Rustem Adagamov called the sanctions "a joke" in a tweet, and deputy prime minister Dmitry Rogozin, who is on the list, tweeted that "some sort of prankster wrote the US president's decree." "I … [Read more...] about US and EU sanctions: the Russian and Ukrainian targets
The US and the European Union retaliated over the Crimea referendum by targeting sanctions against Russian and Ukrainian officials on Monday, a move widely greeted with scepticism as "toothless". The White House imposed sanctions against 11 named individuals: seven senior Russian politicians and officials and four Crimea-based separatist leaders accused of undermining the "democratic processes and institutions in Ukraine". But the US pointedly avoided targeting the Russian president, Vladimir Putin, or key figures in his inner circle. The EU imposed sanctions on 21 individuals, including three senior Russian commanders, the prime minister of Crimea, a deputy speaker of the Duma and other senior officials. There are divisions within Europe over how to respond to Russia, and this is reflected in the fact that action is being taken against less than two dozen from an original proposed list of 120. The sanctions came on the eve of an address to the Russian parliament by President Vladimir … [Read more...] about US rejects criticism of ‘toothless’ sanctions following Crimea referendum