Based on a survey conducted by Nielsen Holdings NV, global consumer confidence soared in the December quarter as improving response in the U.S. and China, the world’s major economies, overshadowed weakening in Europe. Nielsen further said that its index of consumer confidence rose one point in the period to 89. They have surveyed 280,000 customers
Buffett High on Compensation; Aviation Careers Promoted by AAR and Vincennes University
Warren Buffett, the Chief Executive Officer of Berkshire Hathaway Inc. is attracting the employees he wants with compensation that is competing with Wall Street awards. Berkshire has given $12.4 million to the CEO of Geico Corp. Tony Nicely for the 2011 compensation, and $17.4 million to the CEO of Berkshire’s United States Liability Insurance Group
Starbucks Opening A New Retail Store; Groupon Inc. Offers Online Reservations
Starbucks, the largest coffee chain in the world, is squeezing out some creativity out of its brand. On Monday, Starbucks will be opening its very first retail store named as Evolution Fresh. The store is intended to be centered on the juice bottle and not on the coffee cup anymore. That’s definitely saying ‘hello squeeze!’
Datsun To Be Revived by Nissan; Glencore to Buy Viterra at $6.2B
Datsun will be brought back by its maker Nissan after thirty years that it has abandoned the brand, which actually build its business in U.S. For this time, Nissan is hoping that the name Datsun, synonymous to reliable and affordable small cars, will rule its expansion especially in promising markets. The brand was first introduced
Increasing Oil and Gas Prices Threatens Economy; Stocks Dropped as Wall Street Shifts Focus
In the past weeks, the rapid increase in gasoline and oil prices have not only threatened the economic recovery of the nation, but also marked headaches to the administration of President Obama. The prices, especially with gas, have rapidly increasing since the start of 2012 to an amount of $3.58 per gallon nationwide. According to
US general confers on Egypt onslaught; SABB gets ‘best trade finance bank’ for the fourth time
United States top general discussed crackdown with Egypt, as another case of two foreign persons was arrested on accuses of fomenting dissatisfaction on the first anniversary of Hosni Mubarak’s upheaval. The convention involving Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey and Field Marshal Hussein Tantawi happened as relations between the two partners
Gingrich for a $2.50 Price on Gasoline; Profit for Volkswagen Gains
Prices of gasoline and oil are increasing, and with this, politicians are now advertising the guarantee of lower gas prices. One of those politicians is Newt Gingrich, who is under pressure of regaining his momentum in the presidential primary of the Republican. Gingrich is leading the way of making promises that gas prices will lower
