Tokyo: Toyota said yesterday net profit almost doubled to a record $5.64 billion for the three months to June, and said it was on track to produce over 10 million vehicles worldwide this year. The world’s biggest automaker has ramped up its bid to tap emerging markets while key US demand has also been on […]
August 2013
It has been a dramatic few months for the once mighty Australian dollar (AUD), with the currency this week hitting a three-year low of 89 cents against the US dollar (USD). While the lower AUD isn’t great news for travellers setting off on overseas holidays, it is good news for Australian manufacturers and exporters whose […]
BY: HAL SALZMAN AND B. LINDSAY LOWELL Foreign guest workers depress wages for domestic workers, the authors argue. Photo courtesy of Getty Images. Paul Solman: A battle rages in economic policy circles: Should America make its borders more open to high-tech guest workers, or should we batten the hatches? Even those who oppose totally open immigration often support temporary guest worker […]
According to sources from The Verge, the Motorola Moto X will be hitting the Play Store later this year as a Google Play edition device, running stock Android. We know this is what the Android faithful have demanded in the past from manufacturers like HTC or Samsung who typically use heavily […]
Avoir un vécu familial et le léguer à ses enfants : sans doute est-ce un rêve de citadin sans port ni attache, idéalisant cette fameuse propriété de famille transmise de génération en génération, qui sent bon la confiture maison, les feux de bois et où résonnent les rires des enfants. La maison de famille […]
MILAN | Fri Aug 2, 2013 8:51am EDT MILAN Aug 2 (Reuters) – Intesa Sanpaolo, Italy’s biggest retail bank, said on Friday it had repaid 12 billion euros of cheap funds it took from the European Central Bank and would continue to focus its strategy on capital strengthening. In a slide presentation after reporting a […]
In recent posts I highlighted various indicators suggesting that the U.S. economy is not only gaining strength, it is becoming more attractive as a destination for foreign direct investment (FDI) and for manufacturing generally. With respect to the latter, the growing cost-competitiveness of the U.S. is part of a trend that began with nearshoring, i.e., […]
TOKYO: Toyota’s net profit almost doubled to a record $5.64 billion for the three months to June. The world’s biggest automaker said it was on track to produce over 10 million vehicles worldwide this year. Toyota has ramped up its bid to tap emerging markets while key US demand has also been on the upswing, helping the […]
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By Jaya Matta and Nina Bains European stock markets maintained a strong tone Thursday after European Central Bank President Mario Draghi reiterated that the central bank won’t raise rates for the foreseeable future, despite the recent run of stronger-than-expected economic data within the region. At the press conference […]
