China is rising, the US is falling, and some developing nations in Africa are outperforming according to the 2018 edition of the Global Innovation Index.
Institute for Economics and Peace (IEP) reveals the most peaceful countries in the world. Despite living in the most peaceful century in human history, the world has become less peaceful over the last decade.
Iceland's banking system is back from the brink.
Volkswagen Group has a new driver at the wheel. In April, the Wolfsburg-based company named Herbert Diess, head of the flagship VW brand, as CEO. Diess will leade information technology, group development and research across the organization, while overseeing strategy ...
A Japanese ecommerce and Internet company is breaking into the mobile market.
Newly merged DowDupont will soon split into three publicly traded companies and the largest of the three will be overseen by CEO Jim Fitterling.
U.S. President Donald Trump's withdrawal from the Trans-Pacific Partnership prompted the other 11 nations that were party to the agreement to forge ahead in a new pact without the U.S.
Italo Nuovo Trasporto Viaggiatori scrapped its IPO plans to accept a sweet, trans-Atlantic, private-equity deal worth €1.98 billion.
Nobuaki Kurumatani, a former banker experienced in restructuring distressed companies, will be the first outsider to run the electronics giant in more than 50 years.
According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
In a comparison with the Portuguese soccer star, Portuguese finance minister Mário Centeno has been dubbed “the Cristiano Ronaldo of Ecofin."
It is a dramatic drop compared not just to the 1990s, when stock-for-stock deals accounted for over half of all mergers, but also to 2016, when the average equaled 23.9% by dollar value.
Over the past year, India enforced reforms in eight of the 10 areas on which the rankings are based, showing improvement in nine of them.
Job-data analytics firm Burning Glass Technologies also found a 115% increase from last year in postings for blockchain developers.
Ukhnaa Khurelsukh was unanimously elected prime minister in October after his predecessor, Jargaltulga Erdenebat, was ousted by parliament following corruption allegations.
Turkey has become the world’s most generous nation, going from development assistance recipient to top donor in just over a decade.
Priscillah Mabelane is the first black woman in history to head a multinational oil major.
The country's wealth fund is the largest in the world with a staggering $1 trillion valuation.
The luxury jewelry brand has hired veteran luxury industry executive Alessandra Bogliolo as CEO hoping to revive its past lustre
US companies are scrambling to adjust to a change in accounting rules that has been more than a decade in the making.
Hopes are high that GE insider John Flannery will further streamline the still-sprawling behemoth.
Elon Musk, profitless billionaire first it surpassed Ford, then GM, then went head to head with Honda and flew past it.
New data-crunching platform from Nasdaq mixes everything from central bank statements to celebrity Tweets to uncover actionable investment trends.
Study of wealthy Millennials finds more interest in private equity than robo-advisory, and a desire to “do good” as well as get good returns.
Ferrero chocolates' new CEO, Lapo Civiletti, is the first non-family head in the company’s history.
Lenders have paid more than $300 billion in fines since the 2008 financial crisis; the growing regulations are slowly forcing stronger balance sheets.
GM sloughs off its European brands to focus on Asia and US markets, boosting PSA Group to second-largest automaker in Europe
Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.
Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trump on January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.
The new prime minister of New Zealand has his work cut out for him, despite a relatively strong economy.
"There are three principal ways to lose money: wine, women and engineers. While the first two are more pleasant, the third is by far the more certain", famously said baron Edmond James de Rothschild.
According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.
Samsung’s soon-to-be vice chairman and heir apparent, Lee Jae-yong, rises to face the challenge of leading the multinational tech giant at a difficult time.
With great wealth comes a burden of keeping it. Last year, the net worth of 1,400 billionaires worldwide that are being tracked in a study declined for the first time in a decade—to $5.1 trillion. And while 210 people rose ...
In potentially the biggest foreign corporate takeover ever by a German company, Bayer seeks to buy Monsanto for 62 billion. Werner Bauman gets into agribusiness.
The year 2016 is set to break a record for withdrawn global M&A deals, with regulators scotching several high-profile mergers.
LOCATION TRENDS | Technology allows all sorts of work to be done anywhere. Many companies are taking advantage of this power to "nearshore" European operations from pricey major capitals to lower-cost locales.
Indonesia | Can the much-admired former Finance Minister of Indonesia, Sri Mulyani Indrawati, bring back the magic in her second tour in the post?
Europe | Foreign direct investment (FDI) into Europe hit a record high in 2015 with 5,083 new cross-border projects, an increase of 14% from 2014, creating approximately 218,000 new jobs
When Alibaba announced in May that it was hiring former Goldman Sachs managing director Douglas Feagin to run the international unit of its finance arm, Ant Financial, many observers had a sense of déjà vu.
Singapore has overtaken Hong Kong as Asia’s top financial center and now ranks third globally behind London and New York. This is the key takeaway from the latest Global Financial Centres Index (GFCI), a ranking by British commercial think-tank Z/Yen Group.
Bank of Tokyo-Mitsubishi UFJ is learning to speak Arabic.
He’s a kickboxer and a football fanatic, an accomplished pianist and possibly the next president of France—and only 38.
Capital Markets | Banking Reform
More than one hundred million people, 2.5 billion transactions every month—and just 1% of payments made electronically.
Trends | Peru
There is no stopping Peru’s economy.
Trends | Movies
China’s richest man goes to Hollywood and buys it.
Management | Shareholder Activism
Activist investors are knocking more loudly at banks’ doors. According to Thomson Reuters data, in 2015, activists launched 97 campaigns aimed at the US financial sector, 22 of them targeting banks.
Capital Markets | Foreign Exchange
Locals as well as visitors to Zimbabwe will soon be able to walk into shops and pay for purchases in renminbi.
A new era kicked off on December 31, 2015, for the 10 countries that are part of the Association of Southeast Asian Nations: The alliance launched the Asean Economic Community (AEC), a trade bloc aimed at creating a unified, cross-border market where labor, services and capital can flow without restrictions.