Multinational Mining Companies Operating in the Western Mozambican Province of Tete to Buy Foodstuffs Locally

Multinational mining companies operating in the western Mozambican province of Tete will henceforth buy foodstuffs locally, rather than importing all their food from South Africa, under an agreement signed between the companies and the Tete provincial government, state news agency AIM reported on Monday citing the Permanent Secretary of the Tete government, Albertina Tivane.

This Week In Small Business: What Would Canada Do?

Congress balks at across-the-board cuts set off by the supercommittee’s failure. Barry Ritholtz says don’t blame the president. Michael Moran says it’s just politics. This guy doesn’t believe they failed at all.

Backlash grows over Indian retail reform

(Financial Times) -- A fierce political backlash against a decision to allow foreign retailers to enter the Indian market gained momentum on Sunday when the leader of Tamil Nadu adamantly opposed the liberalisation.

Thomas Cook in new £200m credit facility

Travel firm Thomas Cook has reached agreement with its bankers to provide it with new access to funding.

China Workers Strike at Companies That Make IBM Parts, Lingerie November 24, 2011, 10:38 PM EST

Nov. 24 (Bloomberg) -- Thousands of workers in southern China went on strike in the last week to demand higher pay and better treatment, disrupting work at companies including one that supplies equipment to International Business Machines Corp.

U.S. Firms Keen to Add Foreign Jobs

U.S.-based multinational corporations added 1.5 million workers to their payrolls in Asia and the Pacific region during the 2000s, and 477,500 workers in Latin America, while cutting payrolls at home by 864,000, the Commerce Department reported.

What Constitutes Sustainable Tea?

A battle between Unilever and an Amsterdam-based non-governmental group over the rights of workers on tea plantations in India and Kenya shows the difficulties facing multinational companies that are trying to ensure their products are ethically produced.nilever, which makes the popular Brooke Bond and Lipton brands, has committed to sourcing all its tea sustainably by 2020.

Obama Finds Better Business Ties With Boeing in Asia-Pacific Trade Moves

President Barack Obama traveled to the Asia-Pacific region and found something that’s eluded him at home: accolades from the business community.

Google to open a new data centre in Dublin

Internet giant Google is to open a new data centre in Dublin to run its search engine, Gmail and Google Maps services.

The best way to play emerging markets

FORTUNE -- Ever since the great crash of 2008, when emerging markets plummeted more than 50%, one strategy has jumped in popularity: buying multinationals to play the fast-growing markets.Giants like Coca-Cola rarely collapse like their developing markets-based competitors.

Coca-Cola to Invest $2 Billion Over Five Years in India

BANGALORE - Coca-Cola Co. said Monday it will invest $2 billion in India over five years, as the soda giant and its bottling partners plan to spend $30 billion to build capacities and on marketing in emerging economies.

China Telecom Americas Continues to Expand

China Telecom Americas, a wholly-owned North American-based subsidiary of China Telecom Corp. Ltd. (NYSE: CHA) has announced the opening of a new full-service office in Chicago. China Telecom Americas is a provider of data, IP and voice wholesale services to multinational companies, organizations and international carriers requiring China domestic services and international access to China and the Asia Pacific region.

China ‘Basically Ready’ to Allow Foreign Firms to Sell Stock

Nov. 14 (Bloomberg) -- The Shanghai Stock Exchange said it’s “basically ready” to let foreign issuers sell stock, paving the way for companies from HSBC Holdings Plc to Coca-Cola Co. to list in the world’s second-biggest equity market.

Why Wall Street Isn't Bullish On The Collapse Of Semi-Communism In Europe

When communism was collapsing back in the 1980s and the early 1990s in Eastern Europe, equity markets around the world cheered.

ACE Launches Multinational Practice in Continental Europe; Remy Massol to Lead Unit, Clive Hassett to Broaden Area of Responsibility

LONDON--(BUSINESS WIRE)--ACE today announced that it has created a new practice designed to meet the needs of multinational companies that are based or operating in Continental European countries.

The Multinational Myth And Getting Growth Abroad

If you think investing in Coca Cola gives you international exposure in your portfolio, it’s time to reevaluate your global investing strategy.

Stocks: Jeremy DeGroot of Litman Gregory picks the best of the best

FORTUNE -- Litman Gregory aims to be the all-star team of the mutual fund world. The firm, which has $6 billion in assets, scours the industry for top managers, then commissions each to run a mini-portfolio for its Masters funds.

Many companies pay no income taxes, study finds

The corporate tax rate  is 35%. But an examination of 280 of the nation's largest corporations suggests that many aren't paying anything close to that.

Best Multinational Companies to Work For

Looking for a great company to work for, one where you'd have the potential to work with people from different cultures or even take an overseas posting? The Great Place to Work Institute has just released its 25 Best Multinationals list--and the winner is a very familiar U.S. company.

As they lobby for a tax holiday, some big multinational players say they've got plenty of cash on hand

As select U.S. multinational corporations push for a tax holiday on a trillion dollars parked overseas, their own recent financial reports undermine the arguments they are making for preferential treatment on Capitol Hill.

Investors (and the Fed) are addicted to liquidity

The best you can say about "The Godfather: Part III" is that Sofia Coppola recognized her limitations and now spends more time behind the camera than in front of it. "Superman III" proved that Richard Pryor was no Gene Hackman.

The Noman Group extends Monforts line-up

The Noman Group, Monforts' largest customer in Bangladesh and in 2010, the country's largest exporter of garments, has invested in new Monforts technology to ensure that the group retains its premier position.

Saab story getting happy ending?

An 11th-hour offer by Chinese investors to buy Swedish Automobile, the parent of Sweden's ailing Saab, apparently will keep the automaker from possible liquidation.