An Apple bashing campaign orchestrated by a protectionist government or a real reaction from consumers? The truth is Tim Cook made an unusual move on Monday apologizing to Chinese customers over the company’s warranty policy.
NEW YORK | A double reminder of the American financial system burst was news today. On one hand, Warren Buffett earned a few hundred million dollars swapping his Goldman Sachs warrants for stocks of the company, maybe the single most lucrative bailout for a single investor. In a separate move, Lehman announced it is paying back more than $14 billion to its creditors
NEW YORK | Obama didn’t manage to resume the peace process between Palestinians and Israelis because there was nothing to resume. The surprise is that his trip did work to boost Israel-Turkey relations.
NEW YORK | The institution that UK government is thinking of establishing, similar to US giant government controlled agencies Fanny Mae and Freddie Mac, will improve the housing market and therefore the economy. But it comes with the risk of a bubble.
NEW YORK | If the same deal had taken place on this side of the Atlantic during the TARP (bank rescue program), some US media stated on Monday, we would have seen the Armageddon.
Venezuelans will vote on April 14 for the second time in six months, although this time without Hugo Chávez. Very few analysts think that opposition candidate Henrique Capriles will defeat VP and ex unionist Nicolás Maduro. Among a huge political turmoil, investors keep waiting. What will happen to the oil industry? And what about multinationals? Venezuelan Alejandro Grisanti Capriles, Director of Latin America Research & Strategy at Barclays Capital answered to these questions for The Corner at New York’s Met Life landmark skyscraper.
They didn’t even wait 24 hours. Right after the first doubts on the Italian election results arose, Wall Street’s favorite media started claiming that the euro drama was back and austerity does not win votes.
In his annual State of the Union speech, US President endorsed long awaited EU-US free trade talks that could spur growth and create new jobs.
Last Thursday, while Spain was feeling a whole political earthquake, there was little notice of the new development in the Eurodrama in the US newsrooms.
Nine media outlets write a letter to Mitt Romney campaign challenging the exorbitant bills they had to pay in order to follow the Republican candidate before the US election