Corporate battles are usually hard fought, but this really is the limit. McDonald's is blacklisting Heinz because they had the temerity to appoint the ex chief of Burger King as their CEO. Sure, some rivalries are legendary - Coke vs Pepsi, P&G vs Unilever, Apple vs Microsoft, Walmart vs every other retailer, and indeed McDonald's vs anybody else who sold burgers. But isn't this a step too far...
Sunday, 27 October 2013
Tuesday, 22 October 2013
The war of the old on the young
The old have declared war on the young. Few dare say this, but the other day Alan Milburn did just that. This is an emotive issue and there are bound to be strong and passionate feelings. But this blogger, who is himself more in the old category rather than the young, is in agreement with this premise.
Alan Milburn, a former UK government minister and an advisor to the current...
Sunday, 20 October 2013
IPO yourself !
Initial Placement Offer (IPO), is the first sale of shares in a company to the public - remember Facebook's IPO and now coming on, Twitter's IPO. It is when successful entrepreneurs who have built a good business cash their millions, along with those who invested early in their company. We've heard...
Tuesday, 15 October 2013
T I N A
If there was, the dollar would be kaput. But there is really no alternative. So it has to be the dollar as the world's reserve currency.
It would be useful to go back to basics and understand what a currency really is. A currency is really nothing more than a piece of paper backed by the promise of a government. If you believe in the promise of the government , you hold that currency....
Monday, 7 October 2013
The French are, well ...., crazy !
The French have an advanced case of obsession with "culture". At least the French government does - the French people are probably as willing to dance Gangnam style or shop at Walmart as ogle at the impossibly unaffordable haute couture ! The French government doesn't like American soap, doesn't like English words stealing into French, doesn't even like their steel company to be bought by foreigners....
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