Say farewell to that company-paid stint in Paris. Some companies are now sending budding leaders to emerging markets to test their adaptation skills and grit.
With only days to go before the debt ceiling deadline and no concrete resolution in sight, commodities are going haywire.
In the smartphone market, it’s a great time to be Apple and Samsung. Nokia and Motorola? Not so much.
Yahoo has finally come to an agreement with Chinese Internet giant Alibaba in a months-long battle over the ownership of payment site Alipay.
Moody’s Investors Service downgraded six regions of Spain on Friday, and warned that other regions could also face a downgrade.
China’s state-run news agency has lobbed a broadside at Washington, criticizing the United States for playing a dangerous game of chicken with a fragile global recovery in the current debt ceiling debate.
Amid the contentious debt ceiling debate, the United States is at risk of being booted out of a prestigious group of countries that boast a spotless credit rating.
Huawei, the world’s second-largest supplier of telecom and Internet gear, has little trouble garnering business around the globe. The Chinese company has customers in 130 countries, sells equipment to 45 of the world’s top 50 telcos, and brought in $27 billion in revenue in 2010 — enough to rank No. 352 on Fortune’s Global 500 list. With sales on pace to grow another 10% this year, it’s likely that Huawei (pronounced „HWAH-way”) will soon race past Sweden’s Ericsson and take over as the globe’s No. 1 manufacturer of communications equipment.
This is part four of a week-long series on the ecosystem of cybercrime.
Christine Lagarde, the managing director of the International Monetary Fund, said Tuesday the U.S. government needs to act immediately to resolve the impasse over the federal debt ceiling.
BP reported $5.3 billion in second-quarter earnings Tuesday, marking a sharp turnaround from the staggering loss the oil company reported in the same period last year.
The International Monetary Fund said Monday that a downgrade of the U.S. government’s credit rating could be „extremely damaging” for the global economy.
Despite a mad scramble from lawmakers to reach some sort of debt ceiling deal before Asian exchanges opened, market reaction was muted Monday as investors continued to give Washington the benefit of the doubt.
Moody’s Investors Service downgraded Greece again Monday following a new bailout package from its European neighbors.
Stocks around the world fell Monday, as markets reacted to news that congressional leaders and the Obama administration failed to reach agreement on a deal to raise the U.S. debt limit.
Asian stocks opened lower Monday, the first reaction in major markets after congressional leaders and the Obama administration failed to reach agreement on a deal to raise the U.S. debt limit.
Stocks in Tokyo opened lower Monday, the first reaction in major Asian markets after congressional leaders and the Obama administration failed to reach agreement on a deal to raise the U.S. debt limit.
The European Union has been accused by many of „kicking the can down the road” when it comes to dealing with the root causes of the debt problems threatening the stability of the euro zone.
If you’re thinking of rolling the dice on Japan, the betting just got a little easier.
European leaders on Thursday announced an expanded bailout of Greece and took additional steps aimed at containing the continent’s debt crisis.
The European Union agreed Thursday to provide additional aid for Greece and overhaul the EU bailout fund, according to published reports.
China’s economy is growing rapidly, but the International Monetary Fund believes it could be doing so on stronger footing, if the government were to loosen its tight grip on its currency.
(poetsandquants.com) — Ajit Rangnekar, the mild-mannered dean of the Hyderabad-based Indian School of Business, is looking forward to April 2012 for a whole host of reasons. For one, the business school will launch its second campus in Mohali. A big bet for the school, the Mohali campus will mark the beginning of the second chapter of ISB’s unusual story. The milestone will also mark the end of one of the most traumatic periods in the school’s short history. The institution saw one of its key founders, former McKinsey & Co. managing director Rajat Gupta, become embroiled in a massive insider trading scandal in the U.S. that led to Gupta’s resignation as chairman of the school in March.
European officials are scrambling to resolve the debt crisis in Greece amid signs the contagion is spreading, but a comprehensive solution remains elusive ahead of a crucial summit on Thursday.