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Cover Story

Cover Story: All Change

Recent financial turmoil has accelerated the seismic shifts taking place in the balance of global economic and political power. How the major powers act in the coming years will determine the future shape of globalization. BY LAURENCE NEVILLE The global ...

Features

Features : Future Imperfect

Swooning equity markets have added to the troubles facing many corporate pension plans and will only accelerate the move to defined contribution plans.   By Anita Hawser For some time now observers have been warning of a looming pension crisis ...

Features: Cash Is King Again

The credit crunch made life more difficult for corporate treasurers in many ways—not least in managing their relationships with their cash management banking partners. By Anita Hawser Over the past 12 months the European cash management sector has undergone a ...

Award Winners

Features: Best Investment Banks

The clouds parted over the investment banking business in the first quarter of this year amid some hope that a more sustainable model for success is emerging.   By Gordon Platt September 21, 2008, was a date that may be ...

Emerging Markets Roundup

Regulars : EM Roundup Africa

The International Finance Corporation (IFC) estimates less than a quarter of Africans have access to electricity, and those who do pay twice the average retail rate of users in other emerging regions.   By Antonio Guerrero   A report from ...

Regulars : EM Roundup Brazil

The latest news from Brazil. Just three years after acquiring Brazil’s Banco Pactual investment bank for some $2.5 billion, UBS is selling the bank back to its previous owners for roughly the same amount.   By Antonio Guerrero   The ...

Regulars : EM Roundup China

  China’s international trade continued to weaken in April, with both exports and imports falling for the sixth straight month.   By Thomas Clouse   Strong investment growth, however, may offset some effects of this slackening international trade. According to ...

Regulars : EM Roundup India

Following the Congress (I) party’s best federal election showing since 1991, India’s stock markets began to price in an acceleration in the pace of economic reforms.   By Aaron Chaze   The equity indexes reported the best one-day showing in ...

Regulars : India's consumers watching prices

COMPANY TO WATCH: HINDUSTAN UNILEVER/INDIA   BY GP   Mumbai-based Hindustan Unilever (HUL) sells soaps, tea, detergents and shampoos to more than 700 million Indian consumers, reaching two out of every three of the country’s inhabitants. As India’s largest consumer ...

Regulars : Private equity funds bullish

NEWS   BY GORDON PLATT   Emerging market private equity funds raised a record $66.5 billion in 2008, and most plan to commit additional capital to new fund managers and additional countries in the next two years, according to the ...

Country Report

Features : Turbulent Times

T URBULENT TIMES   Despite global economic challenges, Greece presents investors with opportunities.   By Adam Rombel   Things are bad everywhere, but they are not as bad here. That sums up the plight of the economy and business climate ...

Milestones

Regulars : Milestones : Global

Before the credit crunch took a massive bite out of global economic activity, oil prices were heading skyward, and fears that supplies might actually run out were rampant.   By Anita Hawser   Although the subsequent economic malaise sent energy ...

Corporate Finance

Regulars : Mergers & Acquisitions

PEPSI PUTS SOME FIZZ BACK IN M&A; MARKET Merger and acquisition activity is returning to a semblance of normality, with a series of significant deals in industries other than financial services. While financing remains constrained, stock-swap transactions and cash deals ...

Regulars: Corporate Debt

BIG SUPPLY OF DEBT FINDS EAGER BUYERS   Companies in the US and Europe are bypassing bank loans and issuing large amounts of debt, which is being readily purchased by investors seeking higher returns than are available on government securities. ...

Regulars: Foreign exchange

Good News for the Global EconomyTranslates Into Bad News For Dollar   Improvement in the global economic outlook spells trouble for the dollar, which is losing its allure as a safe haven amid growing concern about ballooning US government debt.   BY ...

Newsmakers

Regulars : Newsmakers : India

In the past decade, India and China have been mentioned in the same breath when discussing the coming giants of the world economy.   By Laurence Neville   In truth, India has never been in China’s league when it comes ...

Regulars : Newsmakers : Panama

The election of a pro-business leader in Panama now makes president-elect Ricardo Martinelli a member of the somewhat lonely club of Latin American right-wing leaders, in which the only other member is Colombian president Alvaro Uribe.   By Antonio Guerrero ...

Regulars : Newsmakers : United Kingdom

While the economic crisis has demonstrated the shortcomings of “light-touch” regulation—leaving the market to virtually regulate itself—banks remain unconvinced about the benefits of a single global regulator.   By Anita Hawser   While the economic crisis has demonstrated the shortcomings ...

Regulars : Newsmakers : United States

China and Brazil appear to be joining forces in an attempt to unseat the dollar as the de facto global reserve currency.   By Anitar Hawser   According to Brazil’s central bank, the two countries are actively discussing trading with ...