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...financial firms to pay a visit to fair Harvard this winter, and their information sessions were packed with students eager to impress their potential interviewers. Also visiting campus, however, were the Peace Corps, which places volunteers in developing countries to promote growth and peace; Education Services Overseas Ltd., which places American and British teachers in the Mediterranean, Middle East, and South Asia regions; and WorldTeach, which offers students a two-month opportunity to teach English in a developing country. That these service organizations were promoted alongside the more traditional e-recruiting companies merits praise...
...example, if BCE hopes to bring back some of the old luster to its valuation, analysts say, it must turn back advances made by cable operators and invest billions of dollars in network upgrades. Nowhere is this more urgent than in the province of Quebec, where Videotron Ltd. has coaxed 850,000 customers away from Bell Canada since launching its cable phone service four years ago. That figure is expected to top 1 million in 2009, driven in part by Videotron's ability to attract subscribers to a discounted triple-play bundle that combines voice, cable and high-speed Internet...
...even telecom service and equipment suppliers that are prospering have reason to be worried, knowing they are in the crosshairs of free voice providers that want to render the industry as they know it obsolete. The biggest threat to the old order is probably Skype Ltd. of Luxembourg, which has attracted more than 405 million customers since it launched software in 2003 that allows free long-distance calls over the Internet. eBay paid $2.6 billion for Skype four years ago because it believed the free voice operator would mesh well with its auction business. It didn't. Now eBay...
Taiwan's third-largest telecoms service provider, Far EasTone Telecommunications Co. announced Wednesday that it plans to sell a 12% stake to China Mobile Ltd. for $528 million, - the largest cross-strait business deal in over 60 years. The two companies also announced plans to partner in China and offer roaming services and technology upgrades for their networks, which will strengthen FarEasTone's position in Taiwan. This would be the first direct investment by a Chinese state-owned company in Taiwan in six decades. "It is especially significant," says Dr. Edward Chow, a professor at National Chengchi University...
...Iraq, Somali pirates appear to have little interest in killing hostages who are seized along with vessels, and the crews are usually released with the ships when the ransoms are paid. "Paying ransoms is not illegal," says Guillaume Bonnissent, a special risks underwriter for Hiscox Insurance Co. Ltd. in London, which writes about two-thirds of the world's kidnap-and-ransom insurance policies, known in the industry as K&R. In fact, insurance companies never pay ransoms themselves, in part because insurance companies are often banned by law from doing so. Instead, the companies whose workers or vessels...