Beginning on Monday, November 2 Cuba will be hosting its annual International Trade Fair. This year’s Fair is the first since the US and Cuba decided to thaw the fifty-year freeze on diplomatic relations between them, and this fact is clear from the enormous number of US products on display. Immediately after the communist island… Continue Reading
There was a slight uptick in the price of oil on Monday as traders wait to see what data from the US and Europe has to say about those economies. The small price rise came after a week of sharp declines in the price of oil as fears of an oil oversupply continue to affect… Continue Reading
During the eight months between October 2014 and June 20115 Thailand hosted 38,584 Americans who were there to attend business meetings and conventions. That influx of business-related tourism added $108 million to Thailand’s economy. Now the Thailand Convention and Exhibition Bureau (TCEB) wants to add to this flow of revenue through a new marketing campaign… Continue Reading
A new study by the GBTA Foundation found that almost half of all US international business travelers utilized extended stay accommodations during the past year. The GBTA Foundation is the education and research division of the Global Business Travel Association. The GBTA Foundation worked together with WWStay to publish “Extended Stay Accommodations: Awareness, Supply and… Continue Reading
President Ed Bolen of the National Business Aviation Association declared that the industry he represents is as stable as it’s been since the Great Recession of 2007-2009. Bolen was speaking at the Bombardier’s Safety Standdown at the Hyatt Regency in Wichita. The three day annual event is for aviation safety training for pilots and organized… Continue Reading
It has taken over ten years of concerted efforts, but finally America’s elite business schools have significant numbers of female students in their programs. For instance, Wharton and Kellog’s class of 2017 has 43 percent female enrollment. Harvard, Tuck and Stanford has 42 percent enrollment in their MBA programs, while the Haas School of Business… Continue Reading
Monday showed a rise of 1 percent on the price of oil, a result of a slowdown in the pace of drilling. One report stated that as much as $1.5 trillion worth of planned oil production was a poor economic choice in light of the current price of oil. The past year has shown a… Continue Reading
The Commerce Department released its latest figures for retail sale and restaurants, showing a rebound in September after a slow start to the year. The retail and restaurant sector posted a 0.2 percent monthly gain in August, and an annual increase to date of 2.2 percent. Analysts believe that retail sales improvement is all that… Continue Reading
The US job growth slowed in August, but the good news is that the unemployment rate dropped to an almost 7.5 year low and wages have accelerated. The Nonfarm payrolls increased 173,000 last month after a revised gain of 245,000 in July, according to the Labor Department. The payrolls data for June and July showed… Continue Reading
The Canadian dollar has not been this low, compared to the US dollar, since August 2004, falling to 75.27 US cents by the end of the trading day. The last day the loonie closed below 76 cents was just three weeks ago, on August 4, but today’s drop is lower still. According personal finance expert… Continue Reading