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Newsmakers : New Bank Governor Faces Tough Sledding

Canada Carney: Taking control at a difficult time. Mark Carney took the reins as governor of the Bank of Canada from David Dodge on February 1, at a time when the central bank has ...

Emerging & Frontier Markets

Newsmakers : Palestinians Prepare For Statehood

Palestinian Territories After decades of war, Palestinians are trying to revive a flagging economy. While media attention is focused on the attempts to broker a peace deal between Israel and the Palestinians, work has been quietly going on ...

Emerging & Frontier Markets

Milestones : China Faces Growing Skills Shortage

CHINA Filling up: China’s consumers may face shortages soon. While the Chinese horoscope attributes such auspicious qualities as intelligence, charisma and compassion to those born in the Year of the Rat, which begins on February 7, ...

News

Newsmakers : Cruz Becomes Casualty Of Wall Street’s Credit Crunch

UNITED STATES Gardner: More companies are signing up to going green. Global investors, institutions and corporates are increasingly looking to improve their sustainability profile, according to a report by the Worldwatch Institute released in January. The report, ...

News

Editor’s Letter : A New Era Dawns

We at Global Finance are much like the child born on an important holiday who grows up confusing the holidays celebration with his own birthday...

News

Newsmakers : Global Finance Helps Bring Medical Aid To Indian Orphans

INDIA Children attending lessons at the Manjushree Orphanage On November 18, a team of doctors and support workers from Amrit Davaa, Global Finance’s partner charity, embarked on their mission to deliver sustainable medical care and food aid ...

News

Newsmakers : Miliband Urges EU To Open Door To More New Members

UNITED KINGDOM Miliband: The European Union should ontinue to expand to the east The United Kingdom’s foreign secretary, David Miliband, says that the European Union should gradually expand further into Eastern Europe, including Russia, as well as into ...

News

Editor’s Letter : Proceed With Caution

Seasoned observers were predicting earlier this year that fallout from the subprime crisis in the US would trigger an abrupt end to the private equity party...

News

Features : Buyout Or Sellout?

FOCUS / CANADA FOR SALE The buyout boom of Canadian companies is stirring intense controversy and throwing a harsh spotlight on the role of corporate executives. As the selloff of Canada’s biggest and best-known companies reaches record levels, ...

News

Milestones : $100 Billion Bank Fund Buys Time For Treasury

UNITED STATES Hank Paulson: Eager for Uncle Sam to avoid bailing out major American banks. The United States Treasury in effect told the big American banks last month to clean up their own mess and not to look ...

News

Milestones : Challenges Grow In Run-Up To New Payment Rules

EUROPE Europe's payments landscape is set to change dramatically with market reforms. Banks and companies in other parts of the world are watching with interest as the deadline for radical transformation of the UK and Europe’s cross-border payments ...

News

Newsmakers : Offshoring Industry Faces New Opponent: Its Clients

UNITED KINGDOM/UNITED STATES Divett: Offshoring IT involves hidden costs. Offshoring information technology services is an emotive subject that incites mixed responses from most companies. Although Wall Street financial firms were among the early adopters of outsourcing, sending their ...