Saudi prince says economic reforms working, promises huge investments The prince overseeing Saudi Arabia’s economy said his radical reforms were succeeding in protecting the kingdom against low oil prices, and he promised massive investments in coming years to help diversify the economy beyond oil. “Although our prices dipped to as low as $27 for more

Where would Apple, IBM be if not for talent from across globe: RBI Governor Urjit Patel Cautioning against protectionism, RBI Governor Urjit Patel has said where would giant American corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from across the world. “I don’t think that we

Blame Canada: Trudeau forced on defensive as Trump targets trade When asked this week what he had learned about Donald Trump during the US president’s first months in power, Justin Trudeau paused. “I’ve learned that he listens,” the Canadian prime minister replied after a few seconds. “He is a little bit unlike many politicians.” As

Trump Roars Again on Trade, Reviewing Steel and Chiding Canada President Trump added a new name Thursday to the list of countries he accuses of preying on American workers and exploiting naïve American trade policies: Canada. “What they’ve done to our dairy farm workers is a disgrace,” Mr. Trump said as he ordered a sweeping

Why 47 Companies Stopped Competing And Started Collaborating For Good In 2014, my creative agency Mekanism launched a campaign in partnership with non-profit Civic Nation called It’s On Us. The intention was simple but lofty: to end rape culture on college campuses. Now entering its third year, the campaign has been incredibly successful at sparking

How expats copy with losing their identity Last week, we identified an important, but often overlooked problem of being a long-term expat: how a foreign posting can affect your sense of identity, belonging and home. It prompted many of you to share your own enlightening and often surprising experiences of moving around the globe. In

Are You Part Of The $62 Billion Loss Due To Poor Customer Service? I love reading studies and benchmark reports. The statistics and facts give a snapshot of interesting and often relevant trends. My favorite report from last year was issued by New Voice Media, which reported that $62 billion of business was lost due

Grupo Mexico to buy Florida East Coast Railway $2.1 billion Mexican miner Grupo Mexico (GMEXICOB.MX) said on Tuesday it had agreed to acquire Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries. Trump has threatened to

Why U.S. hardware startups will start moving to China Hardware startups seem to be “in” one minute and “out” the next in Silicon Valley. For years, venture capitalists wouldn’t go near hardware startups. They were, as Wired put it, “the ugly stepchild of venture capital.” This started to shift a couple years ago thanks to

A new breed of sovereign wealth fund – without the wealth Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging – in countries with large deficits and deep debt. Sovereign wealth funds (SWFs), which first emerged in