A foreign investor's take on Russia
2006-05-30 11:58:28
William F. Browder manages more foreign money in Moscow than anyone else, but he sees no conflict in lobbying both for and against a Russia that has made him wealthy and persona non grata.
Nissan CEO starts shifting gears
2006-05-26 13:52:00
When Nissan Motor Co. boosted annual sales by a million vehicles last year, Chief Executive Carlos Ghosn took a victory tour of the company's headquarters here to shake hands and congratulate employees.
China Mobile nears $5.3B Millicom deal
2006-05-25 11:42:10
China Mobile Communications Corp. is near a $5.3 billion pact to acquire Millicom of Luxembourg to expand its influence into international telecommunications.
Europe's low-cost neighbors pose new challenge
2006-05-24 15:12:10
While Europeans throw up barriers to slow the erosion of their manufacturing base by low-cost Asian imports, a different sort of competition looms for their ？0 trillion ($12.87 trillion) services sector -- a challenge as plain as the nose on Catherine Blachère's face.
Fairy-tale ending may elude economy
2006-05-23 11:45:11
If the tale of today's international economy were handed down as a fable, it might be called "Global Goldilocks Meets the Three Bears." (Hint for investors: Brace yourself for an unhappy ending).
EU bloc is becoming more exclusive
2006-05-22 13:05:22
Lithuania's biggest retailer, VP Market, spent months preparing software, registers and accounts in its 195 stores for what looked like a sure bet -- the tiny Baltic country of 3.6 million adopting the euro in January.
Bangkok cleans up its canals for tourists
2006-05-21 11:46:04
With more than 13 million visitors a year, Bangkok is one of Asia's most popular cities. But Thailand's capital is also one of the most chaotic.
US criticism threatens Russian deals
2006-05-19 15:29:38
The deepening chill in relations between Washington and Moscow is threatening U.S. companies' chances of winning at least two multibillion-dollar business deals in Russia, according to Russian officials and others close to the discussions.
Hyundai boss indicted on embezzlement charge
2006-05-17 09:29:58
The indictment of one of South Korea's most respected industrialists brings to a boil tensions that have simmered for years between the country's secretive corporations and regulators seeking to raise standards of corporate governance.
Move to strengthen yuan may ripple across Asia
2006-05-16 10:36:09
Beijing, in a move that ends weeks of stalling and should help President Bush contain complaints in the U.S. about China, gave the go-ahead for a stronger Chinese currency.
Mittal, Arcelor continue takeover duel
2006-05-15 08:45:54
The world's two largest steel companies, Mittal Steel Co. and Arcelor SA, each posted a drop in first-quarter earnings and the continued tit-for-tat moves in their long-running takeover battle.
Sans manipulator tag, China may let yuan rise
2006-05-12 10:09:02
The U.S. Treasury Department's decision not to label China a currency manipulator makes it more likely that Washington will get what it wants: a stronger yuan.