Econometric modelling says Russia will be in the top three in the Winter Olympics medal count for the games in Sochi. Read about the home-turf advantage and other factors that play a role in determining the order of the medals table.
Pay raises around the world are projected to decline in 2014 in most countries. Hay Group research shows a drop in raises in both emerging and developing markets.
CFOs and other finance professionals predict continued improvement in business conditions in the US. They’re more optimistic than a year ago regarding economic growth and job creation, according to the Association for Financial Professionals.
A year ago, US finance executives seemed uncertain about the future of their organisations and the domestic economy. But they’re upbeat about numerous business factors these days, according to a new survey.
Although US CFOs and finance chiefs say the US Federal Reserve chairman has the ability to significantly affect the world’s economy, they are not optimistic that the coming change in Fed leadership will hasten the economic recovery.
US companies’ concerns about hiring have dissipated in the past year. More finance professionals expect their organisations to add workers, according to the latest American Institute of CPAs Business & Industry Economic Outlook Survey.
Optimism about the continent’s economy is on the rise, but companies continue to project low hiring levels and have reduced expectations for profits and sales, according to a quarterly Deloitte survey.
The chairman of the US Federal Reserve has considerable influence over the US economy, according to a recent survey of CGMA designation holders in the United States.
Leaders of the G8 countries agreed to steps to improve tax transparency at their summit in Lough Erne, Northern Ireland, on Tuesday. The countries also agreed, in a separate declaration, that “[t]ax authorities across the world should automatically share information to fight the scourge of tax evasion.”
Executives are only slowly losing their reluctance to spend some of the record amounts of cash on hand. Despite favourable M&A conditions in the United States, respondents in two surveys were most likely to stick with their existing plans rather than spend more cash on deals in 2013.
China is transforming from a low-cost labour market into the world’s largest middle-class consumer market, and CEOs are taking note. In a survey of CEOs from around the world, China emerged as the most attractive country for foreign investments.
Indonesia is an emerging economic powerhouse with a consumer population that is projected to nearly double by 2020. But companies entering the Indonesian market have to overcome infrastructure challenges and tailor their marketing messages to a family-oriented, bargain-hunting society.
Interest in mergers and acquisitions declined in 2012 due to sovereign debt crises in Europe, fiscal uncertainty in the US and political instability in the Middle East. But a Grant Thornton study suggests the appetite for cross-border deals increased.
