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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

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

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 ...

Capital Raising & Corporate Finance

Milestones : Loonie Bests The Greenback For The First Time In More Than 30 Years

CANADA/UNITED STATES Piling up: The loonie posts record gains against the US dollar. Record prices for Canadian commodities have combined...

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 ...

News

Newsmakers : US Shouldn’t Take Its Aaa Rating For Granted

UNITED STATES Nikola Swann: External imbalances put the dollar at risk of ratings downgrade. Standard & Poor’s credit analyst Nikola Swann says the dollar’s preeminent role in the world cannot be taken for granted. The greenback is still ...

News

Newsmakers : The Maestro Strikes A Chord

UNITED STATES Alan Greenspan: Introducing his own turbulence to the markets. Talk about good timing. Alan Greenspan’s memoirs, entitled The Age of Turbulence, topped the bestseller list at Amazon.com last month as volatility continued to rattle global financial ...

News

Newsmakers : ‘Helicopter Ben’ Refuses To Panic

United states Bernanke under pressure as he fends off calls for a rate cut. Federal Reserve chairman Ben Bernanke didn’t exactly call out the helicopters and dump bundles of money on Wall Street last month to keep the ...

Capital Raising & Corporate Finance

Milestones : Future Of Terrorism Insurance Hangs In The Balance

United states Most companies take out some form of professional indemnity, liability and business insurance, but the latest addition to companies’ insurance portfolios is property terrorism insurance. Such products are becoming increasingly prevalent among larger to mid-size US ...

News

Newsmakers : Corporate Fraud On The Rise Despite Sox

United states Patrick Taylor: No "perfect solution" for fraud prevention Five years ago, in the wake of the Enron and WorldCom scandals, Sarbanes-Oxley (SOX) was enacted to prevent financial fraud. However, a recent survey of more than 80 ...

Emerging & Frontier Markets

Emerging Markets : Monsoon Fury Inundates India’s Financial Capital

India Indias monsoon:: Too late and too strong In June the Indian markets were worried about the impact of a...