An international currency war among the major world economies has been unleashed, according to Brazilian Finance Minister Guido Mantega. The minister said governments around the world compete against one another in an attempt to reduce their national currency exchange rates in order to improve the competitiveness of their economies and their own production. In recent [...]
Coca-Cola has been once again recognized as the most valuable global brand, according to Interbrand’s 2010 brand ranking. The rating, published for the 11th year in a row, names 100 most valuable brands. In the course of the research, the analysts have found out that most of the world’s giants finally recovered from the economic [...]
The average price of hotel accommodation around the world rose about 2 percent in the Q2 of 2010, according to Hotel Price Index™ published to-day by Hotel Price Index™ (HPI). In the past six months, this trend was typical for the whole world, not only for the popular and prestigious resort destinations. The data issued [...]
The German KfW bank has been recognized as the safest bank in the world. This is not the first time that the German financial institution has topped the rankings. The annual list of the 50 most reliable and safest banks in the world has been compiled by the influential U.S. Global Finance magazine. This year, [...]
British Royal Mint made a mistake in the design of its new 20-pence coin forgetting to put a date on it. As soon as the news spread throughout the country, enterprising British citizens have launched the hunt for the coins that promise to become a numismatic rarity. British Royal Mint made a mistake for the [...]
The world’s leading jeans brand Levi Strauss & Co have used the most advanced technology to create a perfect pair of jeans. The company knows firsthand how hard it is sometimes for women with a non-standard body shape to find an appropriate pair of jeans. Designers at Levi Strauss & Co created a product line [...]
AutoAlliance (Thailand) (AAT), a joint venture between Mazda and Ford Motor companies, has announced an investment of $350M into the pickup truck facility to manufacturer the next generation of Ford and Mazda’s pick-up trucks. This investment shows Ford and Mazda’s long-lasting mutual commitment to their joint venture in Thailand. The investment will be used to [...]
An unknown attacker sent several Swiss bankers and their families booby-trapped packages, containing highly corrosive liquid. Two of the recipients were injured, including one child. The unusual crime was committed in Geneva. Information about the acid attack was confirmed by the law enforcement officers. However, police did not reveal the names of the victims as [...]
China became the second largest economy in the world after the U.S. overtaking its main rival Japan. This unexpected and unprecedented leap forward for the Chinese economy has become possible after Japan’s economic growth slowed down and China took advantage of this. It overtook Japan by nearly 3% in the 2nd quarter this year. China’s [...]
According to MyJobGroup.co.uk, which has more than 300 national job sites all over the UK, Twitter-user jobseekers have more chances to be shortlisted. The biggest national job board believes that this is due to Twitter users writing more succinct, eye-catching and interesting resume summaries. Managing Director at MyJobGroup.co.uk, Lee Fayer believes that a candidate’s chances [...]
