China
Finance is least trusted industry: EdelmanPosted by RJ and Makay on Jan 24, 2012 |
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Financial services firms and banks are the least trusted industries for the second year running, according to an annual survey by research firm StrategyOne for Edelman, a public relations company. The survey found that 47% of the public trusts banks, a drop from 50% the prior year. Trust in financial services companies fell 3%, to 45%, said Edelman.
Russia and China are worst bribery offendersPosted by RJ and Makay on Nov 04, 2011 |
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The International Bribe Payers Index 2011, a joint publication of Reuters and Transparency International, shows that “bribing public officials when doing business abroad is a regular occurrence.” The index is based on a survey of more than 3000 business executives from developed and developing countries.
UBS, Citigroup see slower world growth but no recessionPosted by RJ and Makay on Aug 25, 2011 |
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UBS and Citigroup have ruled out a recession for now though both have lowered their forecasts for global growth. The banks have made sharp reductions in their view of the Eurozone and modest downward revisions for China’s economy. Last week, Morgan Stanley cut its global growth view and said that the United States and the Eurozone are “dangerously close to recession.”
Larry Bossidy
