August 2, 2013
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 […]
Read the full article →
August 2, 2013
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., […]
Read the full article →