Stalled trade growth in China has wreaked havoc on the Asian stock market as global demand falters. Chinese imports fell by half this past June to 6.3%, while exports increased 11.3% in comparison to May’s 15.3% growth. Meanwhile, slow demand for China’s oil, iron ore and various other goods has triggered concern in other economies… Continue Reading
Tom Currier is only 20 years old, but that doesn’t mean he is too young to nurture an innovative company which is lifting eyebrows among investors. As a matter of fact, he isn’t too young to have begun nine successful companies, beginning with ScanBoy which he started at the age of nine to finance his… Continue Reading
As a follow-up of April’s Ivy Bridge desktops, HP has released another wave of all-in-ones to cater to both businesses and consumers: the Compaq Elite 8300, the Compaq Pro 6300, the HP Envy 23, and the HP Pavilion 23. This is not the first time that HP has managed to create machines that target several… Continue Reading
We past the summer solstice signifying that half the year is behind us. As we wind down with 2012 it is a great time to investigate some investments with great potential for the rest of the year, and even into 2013, which is not far away. The following companies have shown strong possibilities for growth… Continue Reading
A report from the U.S. Labor Department shared that the nation’s economy managed to squeeze out a mere 80,000 new jobs this June, adding to the concern and disappointment as the elections draw nearer. Meanwhile, Canada has revealed that its economy, though struggling, is keeping afloat. The nation’s unemployment rate has fallen to 7.2% this… Continue Reading
Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading
Mario Draghi is the head of the European Central Bank. With the debt and economic crisis looming dangerously over several crucial European nations, the power Draghi wields is formidable. One observer, Franklin Allen, professor of finance at the University of Pennsylvania’s Wharton School of Business had this to say about Mario Draghi: “In terms of… Continue Reading
With thousands of apps available iPhone and smartphone users, it can be a daunting proposition to find the ones that can actually improve productivity or be in anyway useful and not just a gimmick. Here are a few apps which have been making a splash among business people who are not only interested in being… Continue Reading
The tablet marketplace just got a little more crowded as Google releases its own, modestly priced, eReader-type product called the Nexus 7. Unveiled at Google’s I/O developers’ conference in San Francisco on Wednesday, the seven-inch tablet was designed by Google engineers but is actually manufactured by Asus in Taiwan. The new product will be priced… Continue Reading
The financial ministers of the euro zone’s largest economies will meet on Tuesday prior to the upcoming full-blown summit of the European Union to be held on Thursday. The financial ministers of Germany, France, Spain and Italy hope to come up with a plan to shrink their differences on how to deal with the present… Continue Reading