Bjarne Tellmann is senior vice president and general counsel at GSK Consumer Healthcare, a joint venture that combines the consumer brands of GSK and Pfizer. He speaks to Global Finance about the intersectionality of his work.
Household saving is defined as the difference between a household’s disposable income and its expenditures on goods and services. During the pandemic it rose to historical highs everywhere.
On October 27, Global Finance conducted a Sub-custody Roundtable, moderated by publisher and editorial director Joseph Giarraputo. The Roundtable agenda covered crucial topics in the sub-custody sector including: the global and regional impact on the COVID-19 pandemic on sub-custodians; the effect ...
The Russian auto industry is booming, and foreign automakers, including Volkswagen, Ford and Mazda, are trying to get a piece of the action through partnerships with domestic automakers. In order to receive tax incentives, ventures with foreign participants must use 60% local content and meet a base rate of yearly vehicle production.
Russian state oil company Rosneft signed landmark deals with ExxonMobil and Italy’s Eni in April to explore Russia’s Arctic reserves. The agreements follow recent government approval of tax breaks for investment in rich offshore fields.
Vladimir Putin was sworn into office on May 7 for a third presidential term, as protégé Dmitry Medvedev assumed the office of prime minister. The ceremony was preceded by violence a day earlier at a long-planned opposition rally with larger-than-anticipated crowds.
Russia’s economics ministry cut its GDP growth forecast for 2012 from 3.7% to 3.4%, despite growth of 4.0% in the first quarter of the year.