India opens up to foreign stock investors

AppId is over the quotaAppId is over the quota (CNN) – India announced plans to allow foreigners to invest directly in domestic companies listed in one of the world’s fastest growing economies.The government “decided to allow qualified foreign investors to directly invest in Indian equity market in order to widen the class of investors, attract more foreign funds, and reduce market volatility and to deepen the Indian capital market,” according to a New Year’s Day statement from India’s Finance Ministry.Before only institutional investors and Indians living abroad were allowed to invest directly...

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Dublin is oriented for Twitter

Anchors of CNN International business and corresponding attack questions related to the Affairs of the world, and they want your questions and comments.Cities of the future gives us an inside look at how cities are adapting to the urban challenges of tomorrow.The pattern is the follow-up to three world class business leaders, for a unique overview of what is to manage a business.Debt FinancingCareer Advi...

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The wheel of a truck through the Europe debt crisis

Copenhagen (CNN)- Jens Bjorn Andersen, boss of the giant DFS Danish of transport, has a message for European politicians: manage the crisis in Europe as it has streamlined its affairs. Stop spending, trim staff and get a grip on costs.Those who struggle to curb in the problems of the debt in the euro area may want to listen to. DFS is one of those companies that you haven't heard probably but, once you do, you'll see their logo across the world.After having questioned Andersen at the headquarters of the DFS Copenhagen, we spent eight hours on the road. To pass the time, we played a game of identification...

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Success of the CEO the strength to face difficult choices

(CNN) – For more than a year, we have followed the lives of CEOs around the world - and Sarah Curran is one of them.Curran configure my wardrobe.com five years after the identification of a gap in the market. The site is the highest range as the stores of the street and less expensive that the shops will design. Sarah sold his house to finance the idea and the bet is refunded.Now it has almost a million visitors each month, and sales have doubled each year. For some, it would be an opportunity, but to Sarah, this is a problem. It is not known if it is the right person to advance the company...

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Devil is in the details for 'The Boss'

AppId is over the quotaAppId is over the quota CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.Future Cities gives us an inside look at how cities are adapting to tomorrow's urban challenges.The Boss is following three world-class business leaders, to get a unique insight into what it's like to run a company.Debt FinancingCareer Advi...

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Hong Kong's top financial Centre

HONG KONG ((CNN)) - Hong Kong has become the United States and the United Kingdom to take first place in index 2011 of the World Economic Forum of development of financial markets - first financial Central Asian to do so.Fourth annual financial report of the development forum, position of Hong Kong has been strengthened by the strong scores in non-banking financial services as IPO activity - the first public sale of shares by a company - and insurance.The report class 60 major financiers of the word systems according to more than 100 variables, access to different forms of capital and financial...

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Does good trading day bode well for 2012?

AppId is over the quotaAppId is over the quota London (CNN) – Despite the bad prognosis and worrying doomsayers of grim tidings, the new year has got off to a rousing start with London up 2.29%, Frankfurt up 1.5% and even the Parisian market, which has the most to worry about, gaining just under 1%.There are those who will use this to support the belief that if the first trading day is up, then that bodes well for the year overall. They would be wrong.Just take last year – on the first trading day of 2011 the FTSE, DAX and Dow all rose. By the end of the year, the FTSE was nursing a loss of 5.5%,...

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The euro survives... for now

(CNN) - Brussels On the late Thursday evening, there was a highly unusual cheer and the round of beats of hands in the atrium of the mass press in the building of the European Commission.Journalists were not clapping in the response to save the euro.It was at the time of the video of new Prime Minister Elio Di Rupo of Belgium was splashed on the screen.Just the fact that the small country has a Prime Minister, after 18 months to try was enough to add a little time for mixed Belgian journalists among the hundreds of us packed into the square.Of all the summits, that I covered in Brussels, he was...

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UK store drops "boys" and "girls" toy floors

(CNN) - London Is - this toy marketing alcian gender stereotypes?Hamleys, the famous London toy store, took the signs of equality between the sexes for its toys in the wake of a campaign by a blogger feminist than blue and Rose of the marked store floors was sexist.Previously, the fifth floor of the flagship Regent Street store - where figurine and war-themed toys have been sold - was marked by a blue sign "Boys". Gone, too, is the third sign of "Girls" floor that sells dolls and toys of craft.Blogger Laura Nelson began the campaign with a position of October that the accused the store of promoting...

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We survived 2011, now hold on for 2012's shocks

AppId is over the quotaAppId is over the quota London (CNN) – I have an Financial Times cartoon on my desk by Banx which shows a man reading a book of "Greek Myths" to a child, with the tag line "...and the EU got all its money paid back in full." I don't cut out many cartoons but this one sets the tone for 2012.We've known since October that Greece won't have to pay back all the money it has borrowed. Banks are already in deep discussions to reach a deal for a 50% "haircut" on some of the Greek government bonds they hold. Once that is agreed to, Greece is a step closer to getting some of the...

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Bhutan hopes hazelnuts equal happiness

AppId is over the quotaAppId is over the quota Thimphu, Bhutan (CNN) – Bhutan, the last of the Himalayan kingdoms, has largely been closed to foreigners and foreign business. But while its government measures progress by "gross national happiness," it is now looking to develop economically, and is looking to its neighbours for help.Bhutan’s culture has remained intact for centuries and its landscape, as well as the government's mandate to keep its people happy, has a mystical quality. But it is also a developing nation struggling to find prosperity for its people.Bhutan’s Prime Minister Jigme...

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Is Apple losing its cool factor?

AppId is over the quotaAppId is over the quota London (CNN) – Shock! Horror! Crisis! Apple’s iPhone was not the top selling phone at Christmas – Samsung’s Galaxy S II was. Can this be? What has gone wrong? Surely some mistake?OK – I need to declare I am not an Apple worshipper. Yes, I have an iPad, which I l love, and an old iPod which I use when travelling, but otherwise I am a PC person through and through.I tell you this in advance because there is nothing more polarizing that the subject of Apple versus the rest of the world.Apple users believe they have seen the light and are messianic about...

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Living in the age of the mighty mobile

AppId is over the quotaAppId is over the quota Editor’s note: These are edited highlights of a speech CNN’s Richard Quest gave at Nokia World, October 26.London (CNN) – It is now almost one hundred years since RMS Titanic hit an iceberg, and sank, on its maiden voyage to New York. Just imagine how the news might break if it was happening now, in the age of the almighty mobile.The tweets might look something like this:(11.40pm) @passenger1 OMG! Massive bang onboard Titanic. Think we've hit something.(11.41pm) @passenger2 Titanic under attack. Sirens and staff running everywhere.(11.41pm) @boatengineer1...

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Cracking the Code to get a job

AppId is over the quotaAppId is over the quota New York (CNN) – Wished you had paid a little more attention in computer class? Learned to do more than just surf Facebook? You are not alone.While companies and governments have been shedding jobs and paring back benefits, tech job openings continue to soar. According to Fortune magazine, software developers who specialize in applications will rise by over 30% by 2018. Jobs for computer system analysts will jump 20%.And the pay is good – average salaries are around $94,000 a year.That is good news for the hoards of young people who are already in...

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The tidy business of trains - but messy business of railways

AppId is over the quotaAppId is over the quota Germany (CNN) – I thought that building trains would be a greasy, oily, noisy business. But as Marketplace Europe discovered on a trip to Germany, building trains is tidy - the messy bit is figuring out how to get them travelling easily across Europe's borders.When we arrived at Siemens Rail systems factory, just outside Dusseldorf - the home of 2,000 workers - it was like we had landed inside a giant train-set. It was neat, shiny and bright.Building trains in the 21st century is pretty much mess-free. Apart from welding and painting, it is all about...

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Chinese provincial debt reaching crisis point

AppId is over the quotaAppId is over the quota Hong Kong (CNN) - Fears that China could soon be facing its own Lehman-style banking meltdown are being fueled by a National Audit Office report which found 531 billion yuan (US$84 billion) worth of irregularities in local government debt.According to the Chinese government website (www.gov.cn), the audit found 10.7 trillion yuan of local government debt at the end of 2010, a result of easy loans made possible by the government’s 2008-2009 stimulus injection.Most of the money, say analysts, has found its way into the construction industry, creating...

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Warren Buffett to sing online in China

AppId is over the quotaAppId is over the quota Hong Kong (CNN) – Billionaire Warren Buffett is giving China the old song and dance routine. Literally.He’s recorded a video for this year’s Spring Festival gala which will be aired online for the Chinese New Year, according to a report from state news agency Xinhua.Wang Pingjiu, a production executive from China Network Television says Buffett sings and plays the guitar in the video, but did not disclose what song is involved.“We all know that Buffett is good at investment, but few knew he also did well in singing," Wang was quoted as saying.In...

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Summers: 'Risks have been reduced'

AppId is over the quotaAppId is over the quota CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.Future Cities gives us an inside look at how cities are adapting to tomorrow's urban challenges.The Boss is following three world-class business leaders, to get a unique insight into what it's like to run a company.Debt FinancingCareer Advi...

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Cracks appear in the Europe agreement

(CNN) - London The new European Treaty - nicknamed the "tax compact" - is facing some hard realities on the ground. Signs that the agreement could be difficult to switch to euro and yield emerging country.In Warsaw, demonstrators are are aligned against, among other things, tacit agreement of the Poland in losing some sovereignty to join the club of European Treaty. In London, political wrangling continues over British Prime Minister David Cameron to the European Agreement veto.In Ireland, a referendum...

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Samsung topples Apple with its smartphone sales

AppId is over the quotaAppId is over the quota Hong Kong, China (CNN) – All things considered, Samsung simply had a stellar year. The South Korean electronics maker toppled arch-rival Apple in smartphone sales in the third quarter. Now thanks to those sales, Samsung estimates its fourth quarter profits will shatter its current record.For the October to December period, Samsung said it expects to add $4.5 billion to its bottom line. For the same quarter in 2010, it hauled in $2.6 billion. That’s a 73% pop.The reason? When you think Samsung profits, think smartphone popularity.Sales of the company’s...

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Nokia launches Windows smartphones to challenge Apple and Android

AppId is over the quotaAppId is over the quota London, England (CNN) – Mobile phone giant Nokia unveiled two new smartphones in London Wednesday as it sought to boost its flagging fortunes in the booming market.The Lumia 800 and Lumia 710 - Nokia's first handsets using the Windows Phone operating system - are the company's attempt to gain traction in the smartphone market, dominated by Apple's iPhones and Google's Android operating system.As he revealed the Lumia 800 Nokia, Chief Executive Stephen Elop said the company was "signaling our intent right now here today to be today's leaders in smartphone...

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Europe suffers fiscal hangover

(CNN) - London The latest developments in the crisis of the euro are the holiday parties, we will at the time of the year. Make us merry, binge - and then suffer horrible hangovers in the days following. Long did it take for the euro-gueule of wood to arrive. The bonhomie of the euro-deal has disappeared.I decided to wait a few days before writing on the Brussels agreement. It is easy to succumb to the enthusiasm of a late-night agreement, believing that he will bring "peace in our time" and a "chicken in every pot". To hear leaders EZ17 + Friday, it was certainly a question of dotting the is...

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Reduced prices and infringement sap Christmas

(CNN) - London While the Christmas Countdown continues, shoppers around the world are pounding the sidewalks for the present perfect.The holidays are a real boon for retailers, many of which are a large part of their profits in the last month of the year.Even 2011 saw these businesses devastated by higher costs, the floods in Australia, which prompted the skyrocketing prices of wool and Arab spring, pushing up the price of textiles.At a time where stores should be passing on some of these costs, a quick glance on the fronts of the shop in the Centre of London confirms what many analysts suspected...

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Potential India eyes Africa

Cape Town (CNN)- Asian trade and investment in Africa is growing, but where investment in Africa have traditionally concentrated on natural resources, the India seeks to diversify its interests in the African continent.In recent years, the India made new entering African markets. Tata, who owned one of the richest men in the India, recently built a new plant for the manufacture of trucks outside Pretoria, South Africa, producing heavy vehicles that are sold in Africa."You can't constantly keep import vehicles finished," Raman Dhawan, who heads operations in Africa of Tata, said CNN's Robyn Curnow."We...

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China's carbon tax snub opens new front in EU battle

AppId is over the quotaAppId is over the quota London (CNN) – The decision by China’s airlines to snub Europe’s carbon emissions tax opens a new front in the battle of European Union versus the Rest of the World.From this year, airlines which use EU airports must pay a carbon tax, regardless of the carrier’s nationality. They pay for the emissions of the whole flight - not just the bit in European air space.Carbon credits are issued for up to 80% of emissions, meaning airlines are left with hefty bills to cover the balance.What has enraged the Americans, Chinese, Latin Americans - in fact just...

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