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 …
Continue reading ‘Knowledge is Power: Will Asia Lead Global Recovery? Edition’ »
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 …
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. …
Continue reading ‘Top 10 Global Food and Beverage Companies’ »
The U.S. celebrates Labor Day on the first Monday of September(today) while for the rest of the world Labor Day is on May 1st. Labor Day was declared to celebrate the economic and social achievements of workers. In the U.S. job losses totaled 2.6 million in 2008.Most of the job losses were in the private …
Continue reading ‘Should the Government Cut Federal Workers’ Lavish Compensation?’ »
The Dow Jones Australia Titans 30 Index represents the 30 largest and most liquid stocks traded in the Australian market. Stocks are selected based on the rankings by float-adjusted market capitalization and average trading volume. Australian stocks generally pay high dividends. Hence this index has an yield of 4.61% as of August 31, 2009. After …
Continue reading ‘The Largest and Most Liquid Australian Stocks’ »