Dealmaking is back on the agenda as CEOs step up the hunt for ways to put a multitrillion-dollar cash pile to work, triggering the busiest January for M&A in 11 years. There is still plenty to worry about at this year’s meeting of the global elite in Davos, from fiscal deficits in the developed world…
If you were to invest in stocks, whose would advice would you trust, and who would you choose to work with? Some who tells you, “Trust me, I’ve bought stocks before …” A qualified broker who backs years of experience with certifications and up-to-date knowledge? The answer is obvious. For some reason, however, it seems…
A record monthly jump in prices drove British inflation to an eight-month high in December, piling pressure on the Bank of England to raise interest rates and show it is not letting inflation get out of control. The Office for National Statistics said the annual rate of consumer price inflation rose to 3.7 percent from…
Anglo-Australian funds house Henderson is buying troubled British rival Gartmore, to create one of Britain’s largest retail asset managers with £78bn ($122bn) under management. “By bringing across fund managers and integrating the (Gartmore) business onto our own platform we will be able to enhance margins significantly,” Henderson chief executive Andrew Formica said. “Its recent travails…
From what France calls “economic warfare” as it probes a Chinese link to industrial espionage at Renault to currency confrontation and commodity rivalry, economic conflict is increasingly impacting businesses. President Nicolas Sarkozy’s office has asked French intelligence to probe suspected industrial espionage at the car giant. Renault suspended three executives at the start of January…
Prasert BunsumpunAge: 58Education:Harvard Business SchoolMBA, Utah State UniversityCareer highlights:2003 President and CEO, PTT Group2001-2003 Senior Executive Vice President, Gas Business Group, PTT Public Company When Prasert Bunsumpun, then 51, was appointed President of Thailand’s national energy company, PTT Plc in 2003 it was yet to join the ranks of the Fortune 500 elite. By 2004,…
Since its inception, Squared Financial Services (Squared) has continually invested in its product offering, technology and people, as it strives to become the platform of choice among all participants in the EFX market space. Today, the results of this investment are plain to see, as Squared Financial is poised to reap the rewards of its…
A provider of world class international shipping and transportation services, Qatar Navigation was named Best GCC Cargo Shipping Company 2010 as part of the World Finance GCC Trade & Industry Awards Programme for this year. When the firm was founded in 1957, the Qatari economy was in urgent need of an organisation that would cater…
One thing that hasn’t changed though is Walmex’s rapid growth and impressive financials as it continues to spice up the retail market in Central America. The challenge for Scot now, is to keep this Latin American retailing success story on track. In a country famous for its chilli peppers, it is only fitting that giant…
There is enormous agricultural potential in many parts of Africa. All the necessary natural conditions – good soils and climate, plenty of land and water – are present in many countries. There is no reason why Africa cannot be a major producer of agricultural products on a scale equal to that of South America. But…
