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HBOS to cut jobs in SME business shake-up

L: Quote, Profile, Research) could cut as many as 650 jobs as it sets up a single business to serve small and medium-sized enterprises, stepping up efforts to compete in a sector dominated by four larger domestic rivals.

HBOS plans to merge its business banking and commercial businesses by the end of 2009 as part of a strategy to boost its market share in the 800 million pound business deposits market dominated by Barclays (BARC.L: Quote, Profile, Research), HSBC (HSBA.L: Quote, Profile, Research), Lloyds (LLOY.L: Quote, Profile, Research) and Royal Bank of Scotland (RBS.L: Quote, Profile, Research).

Together, the "big four" hold an 85 percent share of the SME banking market, HBOS said.

The bank said the shake up in its structure would see around 1,000 positions shift from its retail to its corporate division. more

Mary Robinson: Human rights are good for business

Net Impact brings together corporate leaders, civil society representatives and business students with the aim of developing a community of new leaders who will make a positive impact on society.

The architect and president of Realizing Rights: The Ethical Globalization Initiative, Robinson says that Realizing Rights has been focusing on the need for the private sector to recognise and act on its responsibilities in making globalisation a positive force for all – and that includes respecting human rights.

Robinson spoke to INSEAD Knowledge about corporate social responsibility (CSR) and human rights on the sidelines of the conference.

Knowledge: When we think of CSR, we normally think of issues such as CO2 emissions and supply chains. Where do human rights, traditionally accepted as the government’s responsibility to protect, fit in the business arena? What is the connection between human rights and CSR?

Robinson: More and more business leaders understand that many of the issues they address already are of direct relevance to human rights. more

Forward Air Designated SmartWay(SM) Transport Partner by EPA

GREENEVILLE, Tenn., Jul 28, 2008 (BUSINESS WIRE) ----Forward Air, Inc. today announced that the Environmental Protection Agency (EPA) approved Forward Air, Inc. as a SmartWay Transport Partner, awarding the company the highest score possible. Forward Air joins a growing number of freight forwarders and logistics companies in the expedited shipping market that have committed to the SmartWay program in addition to other leading transportation companies and manufacturers.

The company received a Shipper Index Factor (SIF) of 1.25, the highest possible score awarded in the EPA's SmartWay program. The rating indicates that Forward Air is utilizing the most commercially available fuel savings strategies while actively evaluating additional savings methods and technologies that reduce fuel consumption or greenhouse gas emissions. more

Thomas PM Barnett: "Russia Is a Business Masquerading as a Government"

I think the incentives Russia seeks are mostly market-access issues (Russia is a business masquerading as a government).

I think America backing off its ludicrous missile defense scheme would help.

[KatPol]: Speaking of the missile defense scheme of the US, there is a much-discussed scenario: facing the hypothetical threat of a possibly workable future US missile defense system could drive Russia – not being able in the long term to keep up with the costs of necessary strategic missile development - towards more "economical" medium and intermediate range ballistic and cruise missile programmes and the cancellation of the INF treaty. Is such a shift in the main focus of the Russian arsenal from America to Europe a serious possibility? If yes, would it make Europe dependent on US missile defense, thus essentially undermining any chances of an independent European foreign and security policy?

[Barnett]: Yes and yes. more

Free Opportunity to Speak on Your Sustainable Business

AUSTIN, Texas--(BUSINESS WIRE)--Leaders of renewable energy businesses have the opportunity to speak to potential clients at the 9th Annual Renewable Energy Roundup & Green Living Fair where over 7500 people gather annually to explore products and technology geared to sustainable renewable and recyclable products that offer green-living choices. The Roundup takes place in Fredericksburg, Texas, September 26-28 and offers free talks on the grounds that educate the public on all aspects of sustainability. Sharing your expertise promotes your business while educating the public. There is no cost for speakers but it is necessary to fill out an application by August 1st 2008 at www.TheRoundup.org. Speakers are selected based on subjects that round out the program.

A fusion of information and entertainment, this year's schedule includes workshops, kid's activities, healthy cooking demos and an organic food café. more

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