Think twice before taking your MBA in Asia August 22, 2012 EMERGING markets in Asia are churning out MBA graduates in record numbers, and they’re as qualified as they are numerous. TopMBA.com, which measures how companies perceive business schools, saw employer demand for graduates from Indian schools increase by 24 per cent in 2011. It isn’t an isolated trend – emerging market professionals are taking MBAs [...]
British building sector picks up after the December freeze February 2, 2011 BRITISH construction bounced back in January, after a snow-hit slump in December, according to data released yesterday. The sector’s performance exceeded the forecasts of economists, by jumping to 53.7 in the purchasing managers’ index (PMI) conducted by Markit and the Chartered Institute of Purchasing & Supply (CIPS). In December the industry had recorded 49.1, indicating [...]
City welcomes Vickers changes June 14, 2012 THE CITY last night breathed a sigh of relief after getting a first look at the government’s proposed banking reforms, which amend the Vickers plan to strengthen the sector, taking into account international competition and the needs of banks’ business customers. The main aim is to allow bad banks to fail safely without harming other [...]
Commercial property firms at their busiest in over two years April 12, 2012 COMMERCIAL property developers in Britain have enjoyed their busiest month in more than two years, according to research out today. Public sector work has expanded for the first time since February 2010, while private sector developers posted their first growth in nine months, figures compiled by Markit for Savills showed. Around one in four commercial [...]
FSA boss wants eurobonds and fiscal integration to stop crisis April 26, 2012 JOINT eurobonds and greater fiscal integration are both vital steps which Eurozone nations should take to end the current crisis and reduce some of the pressures which created the current panic, Financial Services Authority (FSA) chairman Adair Turner said today. He also called for national regulators to be given greater macroprudential powers to tackle bubbles [...]
Make the hard road to legal partnership easier to tread June 20, 2012 YOUNG lawyers face an uphill struggle in their battle to reach partnership. Rapid, pre-recession growth in legal services seemed to offer so much to graduate lawyers. But this growth has stalled, and now opportunities for internal promotion are severely restricted. Many will feel frustrated that previous avenues for progression have appeared to close off. Jeremy [...]
Worst day in three weeks for US market June 21, 2012 US stocks posted the worst day in three weeks yesterday on mounting evidence that slowing manufacturing growth worldwide threatened corporate profits. Shares of energy and materials companies led declines as commodity prices fell. US crude futures slipped below $80 a barrel for the first time since October and the S&P energy sector index lost 4 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 16, 2012 FINANCIAL TIMES Google unveils search results rejig Google is preparing the biggest overhaul of its search results in five years, in a change likely to draw more fire from rivals amid intensifying antitrust investigations into the company. The new service will present users with detailed information about more than 500m “real world” items rather than [...]
IMF wants Bank of England rate cut to help GDP May 22, 2012 BRITAIN’S economy needs more support from the Bank of England, the International Monetary Fund (IMF) said yesterday, arguing that falling inflation means interest rates can be lowered even further. “The economy has been flat” as “private demand-led growth has not fully materialised,” IMF boss Christine Lagarde said, after first quarter GDP estimates showed a contraction. [...]
MBA entrepreneurs start up with a leg up June 20, 2012 PLENTY of successful entrepreneurs don’t have MBAs. For many, to be an entrepreneur is to possess a constellation of hard-wired personality traits – an appetite for risk, an eye for an opportunity, the personality to carry investors on an exciting bandwagon from start-up to IPO. Surely these qualities can’t be taught? Many business schools disagree. [...]