On August 27, the Wall Street Journal had an article on the beer industry. The article mentioned that the country’s two largest beer makers Anheuser-Busch InBev NV and MillerCoors are planning price increases this fall due to “favorable pricing environment”. Not many companies plan to raise prices in the current economy. Beer makers apparently think …
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Toyota, now the leading auto manufacturer worldwide, is shutting an assembly operation in California…California loss is Ontario’s gain: Toyota Germany’s Federal Bank President Axel Weber, in an interview with a German newspaper, said that while the German economy may have bottomed out, it remains too early to declare an end to the financial crisis.German federal …
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In July, the Financial Express newspaper presented its Tenth India’s Best Bank Awards in 12 categories. The banks are selected based on many factors such as growth, profitability, credit quality and strength in the past financial year. The Best Bank awards were presented to the Top Two among each of the following categories: Public Sector …
The White House projected that the sharply rising U.S. government deficit could reach $9.05 Trillion over the next decade. In February, after Mr.Obama became President, the projection was around $7 Trillion. Mr.Obama inherited a gaping budget deficit from the previous Bush administration due to tax cuts. “Still, the deficit, stemming mostly from aid to the …
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THE FLIP SIDE OF GOLD –The illusion of gold mining profits. Like rabbits in strong headlights, equity investors with a gold bent continue to chase increasingly challenging cash margin compression. A group of leading financial analysts quiz Britain’s top regulator on what went wrong and how to sort it out.How to tame global finance The …
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