17 October, 2015 by The TZ Newswire Staff Comments Off on Beijing promotes low-paid college grads to startup CEOs
Beijing promotes low-paid college grads to startup CEOs
Quitting her job as receptionist, joining rock bands and chancing her tattoo-sleeved arm at small business ventures would once have branded college graduate Ding Jia as a rebel in China. “Entrepreneurship can be a really hard experience,” she said.
17 October, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart Is On Sale
Wal-Mart Is On Sale
17 October, 2015 by The TZ Newswire Staff Comments Off on Freeport-McMoRan Could See A Comeback
Freeport-McMoRan Could See A Comeback
17 October, 2015 by The TZ Newswire Staff Comments Off on Alibaba lobbies to stay off U.S. blacklist list for fakes
Alibaba lobbies to stay off U.S. blacklist list for fakes
Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the U.S. Trade Representative’s blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms. Re-inclusion on the USTR’s annual list of the world’s most “notorious markets” for sales of pirated and counterfeit goods, while not carrying direct penalties, would be a blow to the company’s efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate. It could also hurt Alibaba’s beleaguered share price.
17 October, 2015 by The TZ Newswire Staff Comments Off on Credit Suisse’s Thiam set to show hand as CEO
Credit Suisse’s Thiam set to show hand as CEO
ZURICH/LONDON (Reuters) – When Tidjane Thiam unveils his plans for Credit Suisse on Wednesday the Swiss bank’s new chief executive will likely rest his case on three Cs: capital, cuts and charm. Thiam will show his hand after taking the reins at Zurich-based Credit Suisse in July from British insurer Prudential. Investors expect him to refocus the bank’s business toward wealth management and asset management, while shrinking its investment bank and closing the capital gap on rivals.
17 October, 2015 by The TZ Newswire Staff Comments Off on China must hasten infrastructure investment to stabilize growth – state advisor
China must hasten infrastructure investment to stabilize growth – state advisor
Increased infrastructure investment is key to stabilizing China’s economic growth, a top state advisor said on Sunday, while calling on the central bank to lower the cost of financing for companies and increase overall credit. “Keeping relatively high growth of infrastructure investment is key to stabilizing economic growth” since property and manufacturing investment remains weak, said Yu Bin, head of the micro economy research department at the State Council’s Development Research Centre.