We hear that the world is running out of oil. But then we read that we have 40 more years of supply with known oil reserves. Who is correct? Actually, a more immediate danger to world oil supplies are some of the largest oil producing countries, such as Venezuela which is artificially limiting production. And [...] Read more »

The chief executive of Tesco PLC, Terry Leahy, runs a retail chain that’s twice the size of Wal-Mart in the United Kingdom. Here are five tips from Mr. Leahy on expanding into new international markets: (1) Do your market research (2) Be flexible with your business formula (3) Hire local management (4) Do not move [...] Read more »

The Global Business Confidence Index, a newly developed and unique indicator of confidence among international business decision makers, promises to become a useful forecasting tool for business leaders involved in international trade as well as for international investors, supply chain managers, policymakers, money managers and financial analysts. One of the key findings of the survey [...] Read more »