with Jan Rasmussen, Nordea Markets
Q&A | Supply Chain Finance
Tomáš Hron, head of global transaction banking, UniCredit Bank, Czech Republic and Slovakia, on the limits of digitization in trade and the supply chain.
Q&A | Supply Chain Finance
Nadya Talhouni, senior vice president and head of trade finance and cash management at Arab Bank, says MENA banks are well placed to handle business needs previously covered by European banks.
After four years of challenges in the social, economic and political space, Egypt rolls out the welcome mat for foreign direct investors.
Newsmakers | United States
HP CEO Meg Whitman’s volte-face announcement to split the company in two has drawn a lot of speculation about, and criticism of, the motives behind the decision.
Although there have been no attacks or payouts in the 12 years since its original passage, the Terrorism Risk Insurance Act in the US is set for renewal again, despite the fact that it was only intended as a temporary measure to protect the commercial insurance market and its customers following the attack on the Twin Towers.
COVER STORY: CRYPTOCURRENCIES
Still in their infancy, cryptocurrencies could change the way that companies manage payments for the goods and services that are the essence of global trade. As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting—or not adopting—digital currencies.
“Bob Diamond exists to make money for Bob Diamond, whatever he says. This isn’t to help develop Africa, it’s to make money for Bob Diamond and his partners.”
Madagascar’s new prime minister, Kolo Christophe Laurent Roger, has vowed to revive the island’s economy, helping it become a true emerging market, and reinforces the promise of president Hery Rajaonarimampianina, when he was elected in December 2013, to lure foreign investors and tourists back to Madagascar.
Weird weather presents major problems for supply chains, and 77% of companies believe climate change has the potential to significantly affect their revenue.
NEWSMAKERS By Gilly Wright Dubbed by his supporters a gifted visionary, engineer and CEO Elon Musk is not afraid to take on both big oil and the auto sector in his attempts to drive the sustainable energy sector forward, as ...
MIDDLE EAST 2014 SUPPLEMENT By Gilly Wright The Arab Spring dissuaded many companies from investing in the Middle East-North Africa region, but foreign investment is now returning on the back of a wide array of major planned infrastructure projects. Ongoing ...
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Ryanair: Attitude Adjustment When EasyJet in November reported a pre-tax profit of £478 million (US$785 million) for fiscal 2013—a 51% jump from the previous year—it caused a considerable flap with the shareholders of rival budget airline Ryanair. The stockholders’ vexation ...
As third-quarter profits plunged 44%, US heavy equipment-manufacturer Caterpillar slashed its 2013 profit forecast for the third quarter in a row. Caterpillar is being hit with lower demand in nearly all its major business sectors, but about three-quarters of the drop in sales were the result of lower sales of mining equipment.
Alibaba's HQ in Hangzhou: Stealing a march on Wal-Mart (photo: Thomas Lombard) At his first public engagement as Alibaba Group’s new CEO, Jonathan Lu didn’t mince words. He says he expects China’s largest e-commerce company to nearly triple the volume ...
NEWSMAKERS By Gilly Wright After just over a couple of months as Siemens’ new CEO, Joe Kaeser has announced he will eliminate 15,000 jobs, representing 4% percent of the German engineering firm’s global workforce, with a third of the cuts ...
MILESTONES By Gilly Wright The ongoing spat between Spain and Britain over Gibraltar (a British-dependent territory that borders with Spain at the southern tip of the Iberian Peninsula) has drawn attention to the continued lack of commitment to ...