According to Melanie Lee 2011, “InterContinental Hotels Group (IHG.L) (IHG) has signed 12 contracts for its new China hotel brand with the first opening of the new brand expected in late 2012 or early 2013, its China head said on Tuesday. IHG also intends to expand the China branded hotel overseas in 2-3 years to cater to Chinese tourists abroad, said Keith Barr, IHG’s chief executive for the Greater China region.” Read more > http://www.reuters.com/article/2011/10/18/us-ihg-china-idUSTRE79H0NL20111018
Samsung Surges Past Apple in Smartphones, Upbeat on Q4 | Reuters
#mobile #samsung #apple #business #consulting @callistecomm According to Hyunjoo Jin 2011, “Samsung Electronics Co overtook Apple Inc as the world’s top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals. Samsung (005930.KS) only entered the smartphone [...]
EMI Sale Sweet For One Mogul, Bittersweet For Another | Reuters
#emi #musicbiz #finance #consulting @Callistecomm According to Yinka Adegoke and Nadia Damouni 2011, “The imminent sale of storied music company EMI Group represents the culmination of a years-long vision quest for one mogul and a bittersweet defeat for another. Capping a six-year long pursuit, sources said Warner Music Group Chairman Edgar Bronfman Jr. appears [...]
Video: Creating Information at Lightspeed: Yuri Milner | Reuters
According to Reuters 2011, “Today we create information in two days that’s comparable to all the information created from the dawn of civilization. What will happen in 10 years? One of the biggest investors in the internet sector tells us.” View more > http://www.reuters.com/video/2011/09/23/creating-information-at-lightspeed-yuri?videoId=221869136&videoChannel=6 (This video runs for +14 mins) Share and Enjoy:
Wal-Mart China CEO Quits as Retailer Grapples with Pork Scandal | Reuters
October 20th, 2011
admin According to Melanie Lee and Donny Kwok 2011, “The head of Wal-Mart Stores Inc’s (WMT.N) China business has resigned citing personal reasons, after the world’s largest retailer ran into trouble with Chinese authorities leading to store closures and employee detentions. The departure of China CEO Ed Chan, along with Senior Vice President of Human Resources Clara Wong, is another setback for Wal-Mart which is facing stiff competition from local firms in the strategically important market.” Read more > http://www.reuters.com/article/2011/10/17/us-wal-mart-china-idUSTRE79G08620111017
Entrepreneurial hotbeds: A Mix of Science and Luck | Reuters
October 20th, 2011
admin According to Deborah L. Cohen 2011, “Nick Cronin moved to Chicago from Milwaukee to stack the entrepreneurial deck in his favor, hoping to leverage the city’s improving climate for emerging ventures. ”There is more excitement about startups, which means more events, more willing mentors, more media coverage and more overall buzz,” said the founder of ExpertBids, an auction site where service providers compete for business from small and mid-sized companies. “All of these things have trickle-down effects.”" Read more > http://www.reuters.com/article/2011/10/19/us-column-cohen-hotbeds-idUSTRE79I4T120111019
Refile – China Paper Warns India Against Vietnam Oil Deal | Reuters
October 16th, 2011
admin According to Ben Blanchard and Sally Huang 2011 (Changes headline from “warns off” to “warns against”), ”India is playing with fire by agreeing to explore for oil with Vietnam in the disputed South China Sea, a major Chinese newspaper said on Sunday, advising the Indian company to reconsider and pull out. India’s state-run explorer Oil and Natural Gas Corp said on Wednesday its overseas investment arm had signed a three-year deal with PetroVietnam for developing long-term cooperation in the oil sector.” Read More > http://www.reuters.com/article/2011/10/16/china-vietnam-india-idUSL3E7LE1B420111016
G20 Tells Eurozone to Fix Crisis in Eight Days | Reuters
October 16th, 2011
admin According to Catherine Bremer and Jan Strupczewski 2011, “The world’s leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone’s sovereign debt crisis which is endangering the world economy. In unusually direct language, finance ministers and central bankers of the Group of 20 major economies said they expected an October 23 European Union summit to “decisively address the current challenges through a comprehensive plan”.” Read more > http://www.reuters.com/article/2011/10/16/us-g-idUSTRE79C74G20111016
China and Vietnam to Strengthen Military Ties: Report | Reuters
October 16th, 2011
admin According to Melanie Lee 2011, “China and Vietnam have agreed to strengthen military cooperation, increase contacts between high-ranking officers and establish a hotline for the two defense ministries, in a bid to cool tensions between the Communist-ruled neighbors.” Read More > http://www.reuters.com/article/2011/10/15/us-china-vietnam-idUSTRE79E0IR20111015
















