Impala Platinum’s request that the Zimbabwean government extend their deadline to cede almost 30 percent of its share in its Zimplats subsidiary to a state-run fund was refused by government officials on Wednesday. Impala is the world’s second largest producer of platinum, and the 29.5 percent stake is valued at about $310 million at today’s… Continue Reading
“It is difficult, but not impossible, to conduct strictly honest business” –Mahatma Gandhi “I understand small business growth. I was one.” -George W. Bush “To open a shop is easy, to keep it open is an art” -Chinese Proverb Continue Reading
In the decade since 2001 Infosys Technologies was ranked in either first or second place seven out of ten times as being among the top employers in India. What makes Infosys Technologies so special? According to the survey conducted by Business Today, the most important factors for workers are a company’s compensation and benefits packages;… Continue Reading
Forbes put together a list of who they consider the 50 top businesswomen at work today in Asia. The talented women were picked according to “their hands-on management of profit-seeking companies.” The list includes such stellar figures as Australia’s richest individual and mining mogul Gina Rinehart and the head of Vietnam’s largest milk company. "This… Continue Reading
In a recent Q&A, David Stockman implied that the only way to safeguard assets today is with cash or gold bars. From his perspective, the efforts made by the Federal Reserve do little but push stock and bond markets closer to the brink. And Stockman’s opinion is not one to take lightly. The man is… Continue Reading
For the past few months the various economic indicators which tell analysts which way the economy is heading have delivered good news. Consistent with those barometers such as job rate and unemployment rate is the cost of oil, which is proving stable, hovering at around $107 per barrel on Thursday in Asia. Investor Confidence The… Continue Reading
Japanese Defense Minister Naoki Tanaka told the Japanese parliament that Japan may be forced to back down from a deal with Lockheed Martin for the purchase of 42 F-35 stealth fighter jets if prices for the state-of-the-art craft continue to climb or if manufacturing delays adversely affect their delivery date. Last year Japan announced its… Continue Reading
Business opportunities are like buses, there’s always another one coming. – Richard Branson There is no royal, flower-strewn path to success. And if there is, I have not found it. For if I have accomplished anything in life, it is because I have been willing to work hard. – C.J. Walker To think is easy.… Continue Reading
This year’s best money makers are famously not Academy Award films, sticking to a tradition that only serves to highlight the apparent fact that audiences go the movies to be entertained, not to think. Last year the highest grossers were: 1. Harry Potter and the Deathly Hallows: Part 2- bringing in over $381 million at… Continue Reading
If we use the past to predict the future, then there may be cause for concern as we watch the cost of gasoline continue to climb. The upward movement of gas prices can’t help but remind us of a similar scenario, when early in 2011 the political turmoil in the Middle East caused oil prices… Continue Reading