The largest international carrier in Asia has revealed that economy fares have fallen as much as ten percent since the start of 2012. The situation is a result of lessening travel demand as economic turmoil persists. In an interview with Bloomberg in Hong Kong, Cathay Pacific CEO John Slosar explained the current market conditions and… Continue Reading
Contrary to previous forecasts, China’s economy faced a minor setback this past April as output data disappointed, retail sales fell and prices were eased slightly. Industrial output advanced at its slowest pace in three years, while fixed asset investment growth fell to its lowest in nearly a decade. The falter reveals that the real estate… Continue Reading
According to Inmarsat Plc., the company’s quarterly core earnings increased as a result of its maritime unit. “Subscriber growth of over 10 percent in the first quarter continues to underpin our expectations for improved results in 2012,” said Rupert Pearce, Chief Executive. This year’s first quarter proved beneficial for the mobile satellite company, with core… Continue Reading
Facebook is about to release its IPO, and many investors have undoubtedly taken an interest in the development. However, both Warren Buffett and Charlie Munger, Buffett’s business partner, have declared that they will not be investing in the tech company. “We never buy into an offering,” Buffett said. “The idea that something coming out…that’s being… Continue Reading
According to data released by TrueCar.com, the increased popularity of trucks and SUVs has resulted in a slightly lower fuel economy of cars and trucks this past April. To be exact, the fuel economy average of new vehicles was 23.3 mpg in April, in comparison with March’s 23.4 mpg. The small change comes as gas… Continue Reading
According to analyst Steven DeSanctis, the head of US small-cap strategy at Bank of America Merrill Lynch Global Research in New York, it may be a good time to invest in small-cap technology companies. Due to cheap valuations and conservative earnings estimates, small-cap tech companies are now more attractive investments, especially after being handicapped by… Continue Reading
Entrepreneur recently revealed its list of the top ten franchises for 2012 in the 33rd Annual Franchise 500 listing. The rankings lend insight into the upcoming year’s successful industries and trends, as well as shift the odds for their more immediate future. Hampton Hotels Subway 7-Eleven Inc. Servpro Days Inn McDonald’s Denny’s Inc. H&R Block… Continue Reading
International investors are not only concerned with how well their investments will do in a region, but how easy it is to conduct business there. The following list ranks the countries in which doing business is relatively easy: 1. Singapore 2. Hong Kong SAR, China 3. New Zealand 4. United States 5. Denmark Continue Reading
Google Inc. ranks number one on oh-so-many lists, so it’s no surprise that they top the list of Best Companies to Work For in 2012 as well. Founded by Larry Page and Sergey Brin in 1998, Google’s mission is to “organize the world’s information and make it universally accessible and useful.” The company’s primary focus… Continue Reading
Eric Migicovsky, an engineer, had a great idea. He wanted to create watches that could show information from an iPhone such as caller ID and text messages. But when he went after backers the traditional way, he came up against a brick wall. Luckily Migicovsky could turn to Kickstarter. This innovative web site gives ordinary… Continue Reading