The world is a big place, much bigger than most people care to consider in their daily lives. For most business people, life doesn’t go far beyond their community, much less their city or their state. International markets rarely come into most people’s minds, and this lack of foresight and interest can lead to unwise […]
U.S. Committee Exchange Commission (Securities & Exchange Commission – SEC) is investigating some accounting practices of “Affiliated Computer Services” (ACS) technology outsourcing firm, bought by the American company in 2010 by $ 5.5 billion. The investigation aims to reveal whether incomes from the re-sale of ACS equipment should have been presented in the form of […]
European equity markets fluctuated Wednesday after two days of declines, amid fears the U.S. debt situation. Titles Franco-American group “Alcatel-Lucent” SA, manufacturer of telephone equipment, dropped 4.9% to 2.63 euros. The French government asked yesterday to review the company’s plan to dismiss 10,000 employees, announced Tuesday. Shares of Italian oil company “Eni SpA” were appreciated […]
Wake up early. Do sports and reading. Make always a priority list and update it throughout the day. No stalling during lunch and customary to consider the calories you consume at each meal. Do not gossip and make time to volunteer. What, you do not yet part of the upper stratum of society? People with […]
Barclays, Royal Bank of Scotland and another two major British banks are due to pay their clients financial compensations up to 5 billion pounds in value for the incorrect sales of financial derivatives to small companies.
Zimbabwe. Larger than Germany and Japan, this country is really a land of paradoxes that only business and political analysts may decipher. Zimbabwe owns one of the largest reserves of plutonium in the world and actually sits on mountains of diamonds. However, the latest news shocked the entire world, when the governmental officials announced that the country’s budget account consists in only 217 dollars.
One of the most known and, paradoxically, secluded financial paradises in the world, the Cayman Islands, will soon become more transparent regarding the thousands of companies and speculative funds which have found a home there on the Caribbean shore, thus interrupting the confidentiality policy implemented for decades.