Brazilian President Dilma Rousseff edged out reelection, thanks in part to her charismatic predecessor Luiz Inacio Lula da Silva. What role will he seek in her second term? Is he preparing to run in 2018?
Category: Economy
In its bid to root out financial corruption, China’s government is hunting down fugitive suspects from Canada to Colombia, U.S. and Australia.
With Argentina’s economy in crisis, Miami real estate has become a nice refuge for well-off Argentines to protect their money from devaluation. But it’s not just about the beaches
MUNICH — Tobias Fröhlich no longer wears a suit and tie to work. The former BMW salesman dons a white polo shirt and blue trousers for his job at a new branch of the Munich firm where he greets customers with a smile, iPad in hand. Fröhlich is a “product genius” and as such is […]
Learning Mandarin is just part of the Facebook founder’s ambitious but subtle strategy to return to the Chinese market. Huo Yuanjia (and Ang Lee) would be proud.
Looking to build their branding and attract a more global audience, Chinese companies are increasingly eyeing the major European soccer leagues.
-Analysis- PARIS — A decade after development began in earnest on the “continent of lions” — the result of vast riches in raw materials, and of Africa embracing globalization — the countries from the northern sub-Saharan Sahel region and large parts of central Africa are facing a double threat. Over the past few weeks, panic […]
Chinese and German leaders met last week to further extend economic ties. Yet in the shadow of Hong Kong, issues like espionage, democracy and competition make for a fragile relationship.
Sumptuous beaches and low-key vibes in Tulum, on Mexico’s Caribbean coast, have attracted those keen to avoid the crowds and bling of the most popular resorts. But will it last?
One of Spain’s richest women is up against banks insisting she pay back her debts. How did the heiress to the Koplowitz construction dynasty come to this?
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Brita, Leading The Water Revolution
The German maker of water filters finds it crazy that we are still shipping bottled water all around the world. And both its message and its adaptation to different markets are paying off.
The proliferation of Latin American multinationals – multilatinas – is the surest sign that the region is freeing itself of its 20th century central vice: selling raw materials to a single patron power.
In the Democratic Republic of Congo, people have come to rely on the ability to do basic financial transactions anywhere. The downside is when cellular connection crashes.
The automobile market in China is at full throttle, but customers are extremely fickle. What are automakers – foreign and domestic – supposed to do to build brand loyalty?
Like manufacturers globally, the world’s largest carmaker uses robots to help build its cars. But they are “trained” by a small group of human experts the brand nurtures to be the very best.
Follow the money, which travels beyond borders more than ever before. But a new paradigm should be about more than just cracking down on evaders.
HONG KONG — Harvard University received the largest financial gift in its history earlier this month when the Morningside Foundation, founded by brothers and Hong Kong developers Ronnie and Gerald Chan, donated $350 million to its School of Public Health. “It could be asking for trouble to do good deeds in mainland China,” 65-year-old Ronnie […]
People and parliament are almost unanimously opposed to mining in one of the country’s exceptional natural reserves. But the nation’s president insists the mining must proceed.
BUENOS AIRES — Argentina’s “inflation effect” is being blamed for the “intensive” use of ATMs in the country. Or at least the attempts to use them, because dispensers are increasingly breaking down or spitting out receipts instead of cash. For an increasing number of customers, what they are mostly good for is putting people in […]
Outrage in China over high salaries and low performance of top executives of state-owned enterprises exposes an entire system that responds to neither markets or the public interest.
One effect of Russia’s embargo on Western food products is the disappearance of imported Polish mushrooms. Microcosm of economic warfare around a Russian culinary tradition.
PARIS — After changing the way we listen to music with the iPod and kickstarting the smartphone era with the iPhone, is Apple Pay going to revolutionize how we pay? The least we can say is that the Cupertino giant has done everything to maximize its chances of succeeding in its objective: to relegate wallets […]
It’s become a corporate truism that making the boss look good makes employees look good. Some pro advice on how to actually make this most important business relationship work.
Many of Google’s services have been created in Switzerland, and the Zurich site has grown from just two employees in 2004 to 1,300 today. It’s like a snow-capped Mountain View.
SEOUL — Thanks to the popularity of South Korean television series in China, a wave of Chinese capital is flowing to South Korea. For the first half of this year Chinese investment to South Korea reached $70.8 million, an increase of more than 600% compared with the same period last year. Investment in real estate […]
President Enrique Pena Nieto has pulled off the political feat of pushing through unprecedented reforms. But they are based on a promise that economic growth will inevitably follow.
Remember asset-backed securities and the 2008 global financial crash? Desperate to jumpstart Europe’s economy, the European Central Bank chief is making them presentable again.
The news, quantified.
Without competition in the television industry, as there is for telecommunications and banking, Chinese broadcasters have little to offer viewers and a limited revenue model for themselves.
His name is Axel Kicillof, but they call him “Kicilove.”
Criticized as targeted crackdowns against foreign companies, recent investigations into alleged monopolistic practices should actually be seen as progress in China’s business policy.
The Kremlin is spinning domestic protectionism and anti-West food sanctions as a way to help Russia’s farmer. But it’s really just a recipe of pure politics – and bad economics.
Egypt’s President al-Sisi shares with Israel a common enemy in Hamas, but Egyptians are outraged at the recent attacks in Gaza. Chronicle of a high-stakes diplomatic balancing act.
Defying U.S. and NATO pressure to cancel its $1.6 billion sale of two Mistral warships to Russia, French President François Hollande has said that the first will be delivered in October, while the delivery of the second would “depend on Russia’s attitude.” -OpEd- PARIS — France simply cannot deliver two Mistral warships to Russia. Doing […]
NUREMBERG — Soccer isn’t everything. At least not in the sports equipment business. Adidas is learning that the hard way. The brand with the familiar three-stripe logo used the World Cup in Brazil to its advantage — far better than global leader Nike — but the hoopla died when the games ended. Adidas is in […]
BUENOS AIRES — If there is a force more potent than Chinese work habits, it must be multinational competition. In Argentina, hundreds of Chinese grocery stores — the ones that, to the chagrin of local shops, are open 24 hours — have closed as large global supermarket chains have opened small convenience stores. Over the […]
Russia may be officially forbidding Western food on grocery shelves, but facing skyrocketing prices and shortages, it’s allowing Belarus and Kazakhstan to act as intermediaries.
Move the shot glasses aside and make way for some stemware. One expert characterizes the Russian wine market as one of the “most promising in the modern world.”
TEL AVIV — A summer of fighting in Gaza has reignited a wave of global protests against Israel. Companies operating in Israel — such as maritime cargo giant Zim and major food producers — are finding themselves under attack. But they are fighting back. “The move to a sweeping boycott of anything Israeli, the violence […]