In a move likely to relieve pro-Europeans, Prime Minister promised that he will personally fight for Britain to stay in the EU, after re-negotiating a better deal and clawing back some powers from Brussels.
But he also went further than calling simply for the UK to have a new relationship with the EU. Setting out a wider vision for reform, he made a pitch to other leaders for a more “flexible, adaptable and open” relationship between all members, not just Britain. Article
GRUPO BIMBO is on the prowl in el Norte again. In 2009 the Mexican baking giant bought part of Weston Foods for $2.3 billion, becoming the biggest baker in the United States. Two years later it bought Sarah Lee’s American baking operations for $960m. In the past month it has been in a battle over the tastiest bits of Hostess Brands’ bread business, as that once-iconic and now-bankrupt company winds up its affairs. Article
Davos
The financial industry needs women investors as much as women investors need the
financial industry.
But even as women have more career-track positions, own more real estate and control a greater percentage of family wealth, they continue to be under-represented as investors…article
Dr. Ariane Berthoin Antal focuses on ‘newness’ in business. She writes: What happens when you bring together (a) curious minds whose bodies usually reside in Sweden, Finland, Germany and France, (b) the topic of artistic interventions in organizations, and (c) an array of art materials? Rich ingredients indeed. The three days of “Artful Research Conversations” at the WZB this week unleashed ideas, images, questions, plans for collaboration, and … dance. Article
While Brazil’s strategy is political in emphasis, Brazilian businesses have often been central to the government’s outreach programme. Lula and Rousseff have both fiercely advocated the formation of ‘national champions’: Brazilian conglomerates that expand the country’s clout abroad and that aim to become worldwide market leaders. Article
Given that two-thirds of Australia’s trade is now with Asia, the number of Asian students and migration from China, India and other Asian nations has swollen and tourists and short-term visitors from Asia are on the rise. It is apparent that Australia’s future has become increasingly intertwined with that of Asia’s. Article
The decision to regulate diesel prices in India couldn’t have come at a better time for the economy. The Reserve Bank of India has been impatient with the government for not carrying out necessary fiscal corrections and the ratings agencies have put India on watch for a possible downgrade. The twin deficits have kept the markets nervous and the rupee under pressure. Small wonder then that on Friday the rupee shot up by 69 paise to close at a two-month high versus the dollar. Article
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