July 8th, 2011
09:20 PM GMT
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A billionaire joins "The Boss" team – on our series looking at what’s actually like to be the person at the top of a company.

You're about to meet a high-roller in the casino business.

He says working 12-hour days, 7 days a week, taught this boss humility. Francis Lui shows us how he plays to win on this week's edition of "The Boss."

Filed under: The Boss


July 8th, 2011
06:33 PM GMT
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Johannesburg, South Africa (CNN) The business of stimulating economies, creating jobs and mentoring young leaders starts in the cradle.

It is no secret that raising children to become working, responsible members of society is all about the quality of early parenting. However, South Africa, according to some of the country’s most powerful women, is failing to nurture the next generation of workers, leaders and innovators.

This crisis of parenting, which has long-term implications for the country, was highlighted recently at a women’s lunch I attended along with Wendy Luhabe, a prominent businesswomen, and Lulu Xingwana, a cabinet minister. These two ladies and others present expressed concern that South Africa’s children need to be better parented for the challenges that lie ahead.

The real worry for many is the huge number of single-parent families and the lack of male role models in children’s lives. Nine million, or nearly half of the country’s children, are growing up with an absent but living father, according to recent statistics.
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July 8th, 2011
05:10 PM GMT
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London (CNN) - As the United States puts its Space Shuttle programme to bed with one last blast off, Europe is putting more emphasis on exploiting what we already know about space and the technology that has been developed.

At last week’s UK Space Conference in Coventry, lectures focused on increasing investment in telecommunications and navigation systems, where the European space industry now has 40% of the worldwide commercial market.

"We have more ideas than money available, this is for sure,” said Jean Jacques Dordain, Director General of the European Space Agency. “There is an increase in investment in Europe.”

In Europe, he continued, “we are putting much more priority on knowledge and services to the citizens than exploration. But exploration is the dream part of space activities.”

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July 8th, 2011
04:11 PM GMT
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London (CNN)-When Rupert Murdoch bought the News of the World in 1969, it was the start of his stellar trajectory from Australian newspaper proprietor to global media magnate, with power way beyond many a rival's lofty ambitions.

Just like Murdoch, News of the World, or NotW, has always seemed to punch above its weight. The clue after all lies in its title, for aside from being a world newspaper, this publication is a staunchly British tabloid.

This week NotW finally lived up to its name for all the wrong reasons, becoming the day's 'news of the world' thanks to shocking allegations about the depths it had reportedly stooped to gain exclusive stories.

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