April 21 2010
As the recession ends, consumer confidence is widespread. For some, however, there was never a recession. In China and India, optimism remains at an all time high. The effects of globalization that were expected early last decade, that of outsourcing these growing countries to even cheaper labor, has produced the opposite effect. Companies like Brazil’s [...]
April 15 2010
With the annual collection of world leaders for Washington’s Spring Business Conference looming next month, and recent numbers for the first quarter already in, the recession is over and recovery has officially begun. China’s economy has grown by over 11% since a year ago, Singapore’s grew an astounding 32% last quarter, the U.S. had 3% [...]
April 8 2010
On April 7th, British Airlines and Iberia inked a merger deal to become the world’s sixth largest airline in revenue. A day later, United Airlines and US Airways resumed talks that failed in 2000 and 2008. If these two were to merge, they would become the world’s 4th largest airline behind Lufthansa, Air France, and [...]
April 2 2010
In March, residual signs of a market turnaround continued as unemployment held steady at 9.7%. The total number of jobs gained was 162,000, a dramatic raise since the market began shedding jobs almost two years ago. About a third of the added jobs come from the U.S. census, which has taken many employees under its [...]