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Capital Raising & Corporate Finance

Beale Takes Helm At Lloyds

NEWSMAKERS By Gilly Wright One of the worlds oldest insurance markets, Lloyds of London, has appointed the first female CEO...

Capital Raising & Corporate Finance

Will the ‘Google Tax’ Go Viral?

Tax officials perplexed by Google (Photo: CoolCaesar) If 2013 was the year public opinion turned solidly against the tax avoidance...


Westerner To Run Japans Takeda?

NEWSMAKERS By Gilly Wright Japan’s largest pharmaceuticals firm, Takeda, has appointed Frenchman Christophe Weber as COO in a highly unusual move designed to groom him for the role of CEO. Weber will join the firm in April 2014, ...

Capital Raising & Corporate Finance

Caterpillar CEO Riding Out Slump

As third-quarter profits plunged 44%, US heavy equipment-manufacturer Caterpillar slashed its 2013 profit forecast for the third quarter in a row. Caterpillar is being hit with lower demand in nearly all its major business sectors, but about three-quarters of the drop in sales were the result of lower sales of mining equipment.

Economics, Policy & Regulation

Germany: Siemens CEO Wields Ax

NEWSMAKERS By Gilly Wright After just over a couple of months as Siemens new CEO, Joe Kaeser has announced he...


Gibraltar: A Rock In A Hard Place

MILESTONES By Gilly Wright The ongoing spat between Spain and Britain over Gibraltar (a British-dependent territory that borders with Spain at the southern tip of the Iberian Peninsula) has drawn attention to the continued lack of commitment to ...

Emerging & Frontier Markets

Mexico: Pea Nieto’s Energy Reform

NEWSMAKERS By Gilly Wright The proposal by Mexican president Enrique Peña Nieto to reform Petróleos Mexicanos (Pemex), the state-owned oil and gas monopoly, could have far-reaching consequences for the country’s troubled economy. The proposal, which requires a constitutional ...


UK: BoE Appointee Has EU Influence

NEWSMAKERS By Gilly Wright The surprise appointment of Sir Jon Cunliffe as deputy governor of the Bank of England shows how seriously the UK takes challenges to its financial sector. From November, Cunliffe will be responsible for ...