U.S. slips in Global Competitiveness Rankings

In the The Global Competitiveness Report 2009-2010 published by the World Economic Forum, the USA fell to number two position from first last year.The report attributes this fall to the weakening financial markets and macroeconomic stability. Switzerland topped the rankings this year.Similar to US, the UK also fell one position to 13th place this year. …

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Knowledge is Power: Will Asia Lead Global Recovery? Edition

It is the longest automated metro system in the world, complete with luxury compartments, Wi-Fi and air conditioning. But will Dubai succeed in luring sheiks out of their cars in an emirate where gasoline only costs 25 cents a liter?.Dubai’s New Metro Is Fit for a King, But Will Locals Ride It? The Top 50 …

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Asia’s Top Energy Companies

The Top 250 Global Energy Companies for 2009 will be announced by Platts, the highly respected energy consultancy, in November. Some of the companies from emerging markets in Asia are expected to move up in this list compared to last year’s rankings. Crude oil futures for October delivery traded at above $72 in the New …

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Top 10 Global Food and Beverage Companies

The U.S. food giant Kraft Foods (KFT) has made a £10.2bn bid ($16.7 billion) to acquire Cadbury (CBY), the most famous confectionery company of U.K. The deal values Cadbury share at 745 pence a share.(Note:1 British Pound (£)= 100 pence) Cadbury’s board quickly rejected the offer saying that saying that the deal undervalues the company. …

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