Mozambique expects foreign direct investment to climb 30 percent in the next four years as the economy expands, Finance Minister Manuel Chang said.
Investment will probably reach $450 million this year and $560 million by 2011, compared with $430 million in 2007, Chang said in an interview in Maputo, Mozambique today. Agriculture and tourism are likely [...]
Kunal Kashyap, founder and CEO of Indian investment bank Allegro Advisors, discusses the firm’s focus on wealth management and what advice he is giving his clients.
What prompted Allegro to start offering wealth management services in India?
We started Allegro with the vision of creating a full-service Indian investment bank so wealth management services were part of [...]
The aim is to withdraw any sort of funding for the Sudanese government for its actions against the residents of the Darfur region.
But House Bill 2705 has a fail-safe provision: The managers of the various funds do not have to comply if selling off the interests would harm the account by more than one quarter [...]
Flu Resurgence Spurs Profit Gains at Roche, Glaxo (Update1)
By Lisa Rapaport
March 13 (Bloomberg) — The most severe late-blooming
influenza season in a decade is increasing health spending and
spurring unexpected earnings growth for flu-remedy makers Roche
Holding AG, GlaxoSmithKline Plc and AstraZeneca Plc.
[...]
Home Market Wont Be Buoyed by New Mortgage Caps: John F. Wasik
Commentary by John F. Wasik
March 10 (Bloomberg) — If you are buying or refinancing a
U.S. home with an above-average price tag, you may be able to
breathe easier and secure [...]
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From roads and railways to
ports and airports, and from power plants to hydrocarbon infrastructure, India
ranks among the lowest in the world in terms of infrastructure availability. The
catching up, which has just begun, will go on for years to come and is set to
drive India Inc’s future growth. ETIG gives you a snapshot [...]
The
media sector is expected to be one of the major beneficiaries of the growing
economy and increasing consumerism. The increasing focus on advertising, growing
number of multiplex cinema theatres and launches of new TV channels are some of
the triggers for companies in this sector.
The media sector is classified
into four segments — print media, broadcasting, content [...]
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Mohammad
Abdullah
Come
hell or MCD sealing, Reliance or Wal Mart, it’s a never-say-die attitude for
Mohammad Abdullah, managing director, Home Stores India Ltd. “Retailing in India
is poised for exponential growth. The sector is expected to experience new
paradigms due to changing dynamics in areas such as demand, supply, technology,
supply chain management, economics, company valuations and [...]
NEW YORK (CNNMoney.com) — Federal regulators stressed the importance of leaving the United States open to investments by sovereign wealth funds Wednesday, but warned of the need to push for better transparency among these growing state-sponsored entities.Testifying before two subcommittees of the House Financial Services Committee, representatives from the Treasury Department, Securities and Exchange Commission [...]
The FINANCIAL — Harvard Business School on March 5 announced that it will be an initial partner with The Goldman Sachs Group, Inc. (NYSE: GS) of 10,000 Women, a global initiative that will provide 10,000 underserved women, predominantly in developing and emerging markets, with a business and management education.
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The initiative [...]
