NEW YORK (Reuters) – Consultants who advise companies on how to manage their employees’ retirement plans expect emerging market stocks to outperform in a lower-return environment over the next several years, a survey by bond giant PIMCO showed on Monday.
* Brazil stocks climb back over key support level * Mexico index rises by most in over 14 months * Brazil Bovespa rises pct 1.45, Mexico IPC up 1.78 pct By Michael O’Boyle MEXICO CITY, March 26 (Reuters) – Brazilian … Continue reading
(Reuters) – Pfizer Inc on Thursday posted quarterly revenue well below Wall Street expectations, as sales of the pharmaceutical company’s Prevnar pediatric vaccine disappointed and emerging market…
* Local business up 11 pct in Q3, intl projects up 15 pct
An economic slowdown in China and other major developing countries has pulled one of the few remaining props from the world economy, which is already threatened by the financial crisis in Europe and a sluggish U.S. growth. Read full article … Continue reading
WASHINGTON (Reuters) – The International Monetary Fund on Monday cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in the euro zone do not act with enough force and speed to quell … Continue reading
WASHINGTON (Reuters) – The International Monetary Fund on Monday cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region’s … Continue reading
LONDON (Reuters) – London’s Gatwick airport reported a strong rise in full-year profit, helped by traffic growth and the addition of new routes to emerging markets in Asia.
LONDON (Reuters) – When Argentinian car mechanic Jorge Odon was joking around with friends about how to get a cork out of an empty wine bottle using only a plastic bag, his thoughts were a long way from problem of … Continue reading
I was elated when one of the participants in the financial ministry that I direct jumped for joy after finally landing a job. It had been two years since she was last employed. In an e-mail, the woman wrote: “I … Continue reading