Lowering trade barriers has helped emerging markets boost their economic growth and even compete with advanced economies that have long been global trading hubs. Find out which developing countries are emerging as regional trade champions.
Some companies are expecting changes in the form of strategic initiatives or M&A activity, according to Deloitte’s latest quarterly survey of finance chiefs. CFOs remain positive overall but have lowered expectations for sales and earnings.
Rising prices for products and services are increasing living costs for expatriates in parts of Asia and Europe, home to the ten most expensive cities in the world.
Economic optimism amongst US finance professionals in business and industry continued a steady rise in the latest quarterly survey by the American Institute of CPAs. See which industries are leading and which are lagging and how the list of top concerns has changed.
The global economy is still in recovery, but the uncertainty that clouded forecasts a year ago is beginning to lift. Several bright growth prospects are emerging among developed and developing markets, according to Grant Thornton research.
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.
