Investing and Global Finance News

Category Archives: News

New Technology = New International Business Opportunities

In today’s world, the old saying “money talks” is truer than ever. But sometimes it really isn’t that easy to understand.

International business opportunities have long been hindered by language barriers. When people and platforms struggle to communicate, it is no surprise that they can’t do business with each other.

Thankfully, this problem is being solved more and more by machine-based translation programs that are becoming sophisticated enough to enable people around the world to communicate as if they spoke the same language. While translation programs are not (yet) being tracked by economists, they are showing tremendous potential to boost international trade.

E-commerce giant eBay, for example, knows too well that the internet is good at connecting buyers and sellers, but international expansion would be all but impossible if shoppers weren’t able to understand product listings from abroad. So they developed a system that allows shoppers to make search queries in their preferred language and receive translated product listings, while also taking into account the context of a customer’s request.

Sanjeev Katariya, an eBay vice president who focuses on artificial intelligence explains,

“anything that supports cross-border trade so that someone from outside the U.S. is capable of engaging in e-commerce is where the power of global trade lives.”

EBay’s inclusion of machine translation has grown the company’s Latin American exports by nearly 20%, according to researchers from the Massachusetts Institute of Technology, and illustrates the potential for increased commercial activity as translation technologies gain wider adoption in business.

NYC Companies Merge to create Wall Street’s largest woman- and minority-owned firm

The merger of the Siebert Cisneros Shank & Co. and the Williams Capital Group investment banks are merging to form Wall Street’s largest woman- and minority-owned firm. The new entity will be led by Chief Executive Suzanne Shank, who is describing the move as a merger of equals. Shank is the only African-American woman to run a… Continue Reading

New Jersey Gets Boost to Increase Small Business Exports

The New Jersey Office of Export Promotion announced that it has been awarded $900,000 in federal funds, for a program that supports small-business owners looking to export goods. This is the largest in the program’s history, from the U.S. Small Business Administration (SBA) through the State Trade Expansion Program (STEP). The program has assisted hundreds… Continue Reading

U.S. Companies Hiring More Experienced Finance Chiefs

Big companies are picking seasoned veterans for the most senior financial positions as they face challenges related to changing technologies, shifting consumer tastes, and economic outlooks. Corporate recruiters say the average age of CFOs has increased significantly this year: Finance chiefs at Fortune 500 and S&P 500 companies averaged 52.8 years in 2019. That’s five… Continue Reading

US Treasury Bonds

According to a recent article from The Associated Press, the “benchmark for most other investments” are US Treasury bonds.  It is these  which are thus regarded “among the closest approximations to a “safe” investment in the financial system.” The problem thus is when prices for these start to drop, resulting in a jump in the… Continue Reading

Advice for Entrepreneurs: Debbi Fields, Rick Garcia & Others

What makes a company, or a business idea, successful? When a business is in its infancy, there’s often a fine line between success and failure. An important guiding principle for companies is to build a strength-based model that focuses on previously developed talents and skills. Many successful companies have grown from one individual’s expertise. Mrs.… Continue Reading

Trade War and Reacting Futures

Once Treasury Secretary Steven Mnuchin declared that the trade war was “on hold,” futures took a huge jump. Following discussions and negotiations, they reached a “very comprehensive framework agreement that needs to be implemented” with a large variety of components. One of these has been Trump’s focus on trade deficit reduction through the significant increase… Continue Reading

New Asian Hedge Funds

While the beginning of 2017 did not look all that good for the emergence of new hedge funds in Asia, the tables seem to be substantially turning.  One of the ways in which they are doing this according to a recent Bloomberg article, is by “striking out on their own.” Examples of this action include:… Continue Reading

Hedge Fund Pushes Back on Fox-Disney Deal

Walt Disney recently announced a takeover of 21st Century Fox, and a hedge fund with a small stake in Sky has taken issue with the transaction. According to their claim, minority shareholders in the UK-based broadcaster will be hit with a large fee as a result, unless the regulator steps in. The Takeover Panel is… Continue Reading