The IMF is having a power struggle until it reaches a compromise between US and Europe. The US and Europe are discussing with each other about the emerging power.Europe is going to occupy 24 seats in the global lender and US is asking to shared.
The [...]
The fifth month of July saw a slow down in export growth of Japan followed by risks. The yen surge against the US dollar has even added risks to the Japan export growth. The month of July even saw a 23.5% over ship advancements which was less by 27.7% [...]
The global economic crisis in 2008 ended up killing the competition in the investment banking industry across the globe. So all the major US and European banks have reported healthy profits in the latest quarter also, due to reduced competition.
HSBC has reported a doubling of profits while the RBS has also reported healthy profits for [...]
One of the first things that people think about immediately after they have thought of their business is about their business plans and their website or the blog. One does not ever come to think deeply or seriously enough about where one is going to host the same. One never really thinks too much about [...]
There are a number of reasons why you should take business cards seriously. They may look ordinary. But, they are not to be taken so. One needs to treat them very very carefully. There are simple reasons as said before. One, they are the first things which introduce you to the other business people. Without [...]
The business environment is becoming tough and companies are now forced to look for better ways to cut costs and become more efficient. And that is the only way you can survive the tough time and stay afloat.
And savings is possible in every sphere of activity in the office be it electricity usage or computer [...]
The European banking system has been put to deep turbulence over the last few months, due to the fear of default by weaker member countries like Ireland, Portugal, Greece and Spain.
And the European central bank had decided two months back on the backdrop of the European sovereign fears, to conduct a thorough bank stress test [...]
The economic environment is tough, and companies are now fighting it hard to grab the customers in the market as they are also shrinking in size. Added to this is the problem of reduced marketing and sales promotion budgets by all the companies.
That is precisely the reason why companies are resorting to innovative and cost [...]
The major industrialized countries including US, UK and France are running on huge budget deficits and those are being funded today by costly borrowings. And countries like Portugal, Greece and Spain are already finding it difficult to raise funds from the international market, as lenders are fearing a debt default by debt ridden countries.
Realizing the [...]
A new cap placed over a ruptured oil well in the Gulf of Mexico has begun to funnel oil to the surface.
US Coast Guard chief Adm Thad Allen said rough estimates showed that 1,000 barrels a day were being captured.
This is only a small part of the 12,000-19,000 barrels a day believed to be leaking [...]
