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Nestle TV Ads Go To The Dogs
Nestle, the world’s largest food company and one of the biggest makers of pet food, will launch a world’s first this week – a television commercial aimed directly at...
Merkel Triumphs As Germany Expands Bailout Fund
German Chancellor, Angela Merkel, yesterday scored a victory as she successfully corralled her government into voting for the revamped bailout fund, asserting her political authority by pushing the deal...
China Warns Asian Neighbours: Do Not Provoke
China has warned Asian nations not to provoke it under the cover of US military backing, in a move that plays out Beijing's desire to challenge the United States'...
New HP CEO To Get $1 Annual Salary While Ousted CEO Walks Away With $13 Million
Recently ousted Hewlett-Packard CEO Leo Apotheker will be walking away with more than $13 million, while incoming CEO Meg Whitman will be getting an annual salary of just $1. ...
Anonymous Tsunami Donor Leaves 10 Million Yen In Public Loo
A mystery donor has left a bag filled with 10 bundles of a hundred 10,000 yen notes in a public restroom, with clear instructions that it should be used...
Chinese Stocks in US Plummet In Wake of Justice Department Investigation
Prices of US-listed Chinese stocks fell on Thursday after reports emerged that the US Justice Department was investigating into accounting irregularities at several Chinese companies listed on US stock...
Chinese Businesses Turning To Shadow Banks For Loans
With credit tightening in China, many businesses are turning to "private" lenders to overcome the credit crunch. With the Chinese authorities clamping down on lending in a bid to...
EU Moves To Curb Powers Of Big Four
The European Union yesterday proposed radical rules to reform the audit sector, in a move that could potentially end the dominance of the accounting Big Four. In a draft...
Almost 70 Percent Of Thailand’s Cabinet Are Millionaires
Almost two-thirds of the Thai cabinet are millionaires, including the south-east asian nation's female prime minister, whose assets include seven Hermès handbags. Thailand's National Counter Corruption Commission yesterday released figures...
Infographic: Surprise, Surprise: It’s Good To Be A Financial CEO In The Current Economy
There is nothing better than being a CEO at a financial institution in the United States. While the average American faces longer working hours, with wages that barely increase,...


