News
Argentina Railway Revives With Upsurge In New Investments
Just two of several programsover the past two years haveattracted $45 million from local and foreign private inerests and created at least 8,000 jobs.
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Berkshire Hathaway Names Buffett’s Successors
Longtime senior executives Greg Abel and Ajit Jain were promoted to vice chairman on January 10 and joined Berkshire’s board of directors. The announcement might suggest that Abel and Jain, alone or together, might lead the company in the near future.
News
Protestors Demand Change In Iran’s Economic Priorities
The situation came to a head late last year when the Iran government proposed an austere budget for 2018. Subsidies on basic goods and services for the poor were subject to proposed cuts, as fuel prices were set to rise by as much as 50%.
News
Ferrero Buys Nestle’s US Candy Business
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
Economics, Policy & Regulation
French President Macron Takes Diplomatic Lead
The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.
News
South Korea Engages With North Korea
South Korea’s new overtures to Kim Jong IIare part of a broader regional diplomatic initiative. Moon visited China, a North Korean ally and key trading partner, in December 2017, and called for better South Korea-China relations.
Economics, Policy & Regulation
Regulation | Tax-Gap Blues
The Paradise Papers leak prompted yet more indignation about corporate tax avoidance, and cash-strapped governments claim to be tackling the issue. What will it mean for corporates?
Banking
Citi | Managing Innovation
Vanessa Colella, head of Citi Ventures and chief innovation officer at Citi, visited Global Finance to discuss integrating innovation into global banking, the role of employees in driving change, and emerging trends in technology and banking.
News
Czechs, Poles, Seat Private-Sector Prime Ministers
Czech PM Babiš is an outspoken billionaire while the PolishPM, Morawiecki, is more of a technician, whonegotiatedPoland’s accession to EUbefore going on to chair Bank Zachodni WBK, part of the Santander Group.
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Mugabe Leaves But Economic Crisis Remains
Zimbabwe’s new leadership faces a difficult macroeconomic environment.
News
Portuguese Finance Minister Moving To Eurogroup
In a comparison with the Portuguese soccer star, Portuguese finance minister Mário Centeno has been dubbed “the Cristiano Ronaldo of Ecofin."
News
Samsung Heavy Sunk By Shipbuilding Woes
South Korean shipbuilders have been under severe financial strain since 2008 and are suffering from tougher competition from Chinese rivals.