Business and Economics

Business and Economics News

FDI into Lithuania doubles ahead of Eurozone entry

British foreign direct investment (FDI) into Lithuania has doubled ahead of the country’s entry into the Eurozone, which is set to be completed in just over four months. According to the latest figures from Statistics Lithuania, the official agency responsible for compiling investment data, British FDI in Lithuania has gone from £95 million in 2010 to £175 million in 2013. This makes the UK the second-largest investor in the country with heavyweights such as Barclays, which established its Technology Centre...

Africa Rising

By Ikràn M.Omar @IkranM Despite Africa's long prophesied ascension as the next economic powerhouse there are still questions to be answered on whether this could ever materialise. The main question is whether it is a safe and solid investment. To invest in anything there needs to be a prospect of a strong return. You can never to be too cautious when entering any market let alone an emerging one. As Africa ascends she is showing exciting growth that is attracting many investors....

China’s growing footprint in Latin America

By Rohan Chatterjee @RohanChatterje1 China’s exponential growth has brought it to the doorsteps of geographically separated and historically disconnected, Latin America and is fast on way to becoming a key trade partner and surpassing the United States as the continent’s most important economic partner. The key driver behind China’s expansion into Latin America is relatively simple: its growing demand for raw materials. Latin America not only offers the desired resources but also a potential market of 500 million people to...

Four letters that will energise America

By Robert Sun America is in danger of becoming the world’s first “derivative economy.” Once renowned around the world for our prodigious ability to manufacture, invent, and revolutionize, the U.S. is becoming a place where pastimes take precedence, image is king, and quick money is the goal. Eighty years ago, banking profits accounted for less than 5% of all U.S. corporate profit. In recent years they peaked at around 40%. College graduates are lured with the promise of making big...

The Art of Sharing and the New Breed of Entrepreneurship

By Jamie Viggiano, Head of Marketing at TaskRabbit Britain continues to encourage entrepreneurship. So far this year, 350,000 companies have started up in the UK. This is not surprising. After all, making money and being your own boss is something that appeals to most of us. However, starting a company takes a lot of hard graft. Challenges inevitably arise – concerns around cash flow, staffing, workspace are common. Ultimately, the question is “Is it worth the risk?” That can dishearten...

Top London boroughs for landing a job in culture, media and sports

By Tony Roy, President of CareerBuilder EMEA A career in culture may be a neighbourhood away While it might be enticing to work in the areas of culture, media or sport, these jobs are often difficult to find. Yet according to our new study, a more targeted approach might be needed. The study discovered that certain boroughs of London are experiencing more growth than others when it comes to culture, media and sports positions. Topping the list is Hounslow, which...

Four reasons to worry about your job

By Valentina Magri All that glitters is not gold. ONS data released on August 13th for the second quarter of 2014 shows that Britain currently enjoys a record low unemployment rate at 6.4 per cent and an increase in employment (+167,000 persons). The jobs market seems to also be improving for youngsters aged 16-24; their unemployment rate fell from 19 to 16.9 per cent. In addition, the British economy is in better shape than any of its other European counterparts,...

Disruption, Sustaining and now Dematurity

By David Dumeresque of executive search specialists, Tyzack Whilst the term “disruptive innovation” entered the business lexicon back in the 1980s, it is probably even more relevant than ever now as companies strive to develop disruptive strategies aimed at achieving sustainable competitive advantage. Having said that, we now have another neologism that has entered the business glossary; “dematurity”. Whereas “disruption” relates to any organisation, “dematurity” relates only to industries and organisations that are “well established” or “mature”. The cycle for...

The rounds

By Jack Peat I never imagined myself as someone who would begin a sentence "back in my day". It's the sort of cringe-worthy prelude you'd hear your parents or grandparents utter which meant for most children they’re either about to be bored by irrelevant nostalgia or lectured on traditional values, often both. But since the turn of the century we have witnessed such seismic change that I feel obliged to tell you, that back in my day, things were a...

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