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El Niño Batters Peru’s GDP
El Nino storms have caused Peru more than $12 billion in damage, and are expected to shave a full percentage point off the country’s GDP this year.
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India Creates New Banks To Fund Infrastructure
The government of India has set up a new type of bank intended to support funding for large projects.
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South Africa Shakeup Sparks Downgrades
South Africa’s new minister of Finance, Malusi Gigaba, whose appointment brought on ratings agency downgrades, faces low confidence and slow growth.
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New Mountains For New Vale CEO
Famously fit Fabio Schvartsman faces environmnetal, financial and market challenges as newly appointed CEO of Brazilian iron-ore maker Vale.
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Starbucks C-Suite Shuffle Has Brand Impact
The Starbucks brand will be impacted by COO Johnson taking the top slot from CEO Howard Schultz, adding to pressure on the company.
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Commodities On The Rebound Demand Strategic Hedging
An upturn in manufacturing activity is sending the prices of commodities up as well, forcing multinational corporations to hedge more aggressively and strategically.
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Q&A: Louis Pastina On Transformational Tech
Louis Pastina, who leads technology at consultancy Global Markets Advisory Group and previously served in technology and regulatory leadership roles at the New York Stock Exchange and the National Stock Exchange (GMAG), visited Global Finance to discuss dramatic changes in financial technology.
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Russia’s Central Bank Chief Unscathed Despite Cuts
Russia’s Central Bank chief Elvira Nabiullina retains the confidence of leadership despite shutting down some 400 banks, and even as she goes after larger financial institutions.
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With May Elections, Korea Can Move Past Scandal
South Korea elects a new president in May, and after spending months ousting the sitting president, leftists may win the chance to lead the country.
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Modi Empowered By State Wins
Wins by Indian Prime Minster Narendra Modi’s ruling party in the month of March indicates strong support for his challenging reform plans
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Three Women Rise To The Top Of Saudi Finance
Three women advancing to the top levels of the Saudi Arabian finance sector show the kingdom making progress in improving work opportunities for women.
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GM Sells Europe Ops Back to Europeans
GM sloughs off its European brands to focus on Asia and US markets, boosting PSA Group to second-largest automaker in Europe