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Ford's European Sales Jump

Zacks.com submits: Ford Motor Co’s (F) auto sales in Europe’s 19 core markets have leaped 19.8% to 113,100 vehicles in November. This has resulted in a year-to-date market share of 9.1% for the company, the highest since 1999. The sale...

Mercedes Vehicles Made In China Just As Good As German-Made

Mercedes-Benz vehicles made in China now place in the top half of all the company's vehicles when ranked for quality. Ulrich Walker, Chairman and CEO of Daimler Northeast Asia, said (rather testily) that those rides are good enough to send to other countries: "Yes, our cars here are exportable. Ther...

Abu Dhabi Prepares to Cheat Citigroup (C)

Abu Dhabi agreed to buy $7.5 billion in Citigroup (NYSE:C) shares at about eight times the current price. According to Bloomberg, that desert nation’s major fund “invested in November 2007, getting equity units that can b...

Virgin Galactic To Fly From Abu Dhabi to LA... In Two Hours

Aabar Investments have revealed their partnership with Virgin Galactic to fly from Abu Dhabi to Los Angeles in a mere two hours.

How to Get Paid on International Transactions

Whether you are collecting payment on a business transaction from a customer across the street or a client who is 12,000 miles away, learning how to collect payment on an overseas sales...

British Airways 2009 Cabin Crew Strike Upsets Holiday Travel

The British Airways Christmas strike couldn't come at a worse time. The BA cabin crew strike could put up to one million air travelers on hold, and thousands of crew members out of work. What if you already have a flight booked on British Airways...

Is Malaysia an "Oil Cursed Country"?

In a stinging speech at the Young Corporate Malaysians Summit today Former finance minister Tengku Razaleigh Hamzah described Malaysia as an “oil cursed” country. “When I started Petronas in 1974, I did not realise I would see the day when I w...

What Did Abu Dhabi Get for Dubai Bailout?

Abu Dhabi did the unexpected. It provided fellow member of the United Arab Emirates Dubai $10 billion in funds. Four billion dollars of that will go to give support for Dubai’s real estate fund Nakheel. The balance will go to Dubai World as...

H1N1 Not So Deadly After All . . .

Back in October, we discussed what I described as an over reaction to Swine flu: H1N1 Fatality Rates: Overreaction? Many of the comments disagreed. The WSJ reports today that 1 in 6 Americans...

Expand Into the Global Market

Although this is after the fact, it's still interesting and relevant to see that small and medium-sized enterprises (SMEs) in China are looking for ways to expand their businesses...

Indian Media Still Doesn't get Twitter

In India, Twitter is spreading like a wildfire, especially in the media world - every media house sports it’s Twitter handle and wants you to follow them. But media being media, they still...

Britain Unveils Whopping Tax on Bank Bonuses; U.S. Windfall Tax Proposal Going Nowhere

British bankers are going bonkers today after the UK government announced that it wouldn't stand idly by as they showered themselves with obscene bonuses made possible by last year's massive infusion of government money. Alistair Darling...

NBC, Fox Gridiron Grids Win Sunday Night

Football would never be as ubiquitous without its ability to span generations, from grandpas to Pop Warner league kids, as well as gender. But it still has a majority...

Is China's Capital Spending Bubble About to Deflate?

Reader Andrew sent a research report by Pivot Capital Management, which makes a compelling case that the capital spending bubble in China has reached its limits. This is important in a narrow...

U.K. Says It Was Ready To Pour Taxpayer Money Into Banks Before It Was Needed

The British government is getting a much-needed from the country's National Audit Office. It's pissed off anyway. The NAO concludes that "the Treasury was justified in using taxpayers' money" and...

G30, Ripe for Conspiracy Theorists

If you want to encourage the kind of conspiracy theories that have prospered in the wake of last year’s financial crisis — those that describe a secret cabal of elites running the world — try...

It Seems Our Insurance Companies Will Do Anything for a Profit, Including Funding Terrorism

California Insurance Commissioner Steve Poizner, a Republican candidate for governor, says insurance companies doing business in California have invested $12 billion in Iran's defense, nuclear, energy and banking industries. That also makes them...

And the 2010 European Car of the Year goes to…the Volkswagen Polo!

It’s always impressive when a car wins an award, and the Volkswagen Polo has recently won European Car of the Year. Seven of the biggest car magazines pool together to decide this, and they chose a fifth generation VW hatch that beat out some ...

Dubai Lays an Egg

Dubai World said Uncle on Nov 25 asking for an extension on debt payments totaling some $80 B. Dubai does not have any oil in particular, the oil is in the neighboring countries. So who's...

America-style Agribusiness In Africa?

Are American companies boosting poor economies by swooping up farmland or is there some other hidden agenda going on? Read more at "Land Rush in Africa" and weigh in with your comments.

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