Pakistan Floods Support

According to the United Nations, the recent floods in Pakistan have caused more devastation than the disasters in Haiti, and the Asian tsunami. The global community has provided aid and support for the relief work and there is still more that can be done. Disaster Aid Australia has been playing an important role in providing support directly to the victims of this disaster. For more information visit their website at: http://www.disasteraidaustralia.org.au/ Continue reading Pakistan Floods Support

Geely’s Acquisition of Volvo: The “Made in” versus “Made by” Argument

Geely’s acquisition of Volvo is another example of the growing trend of cross-border mergers and acquisitions (M&A) and cross-ownership in the automobile industry. Not many would have predicted that the Ford owned Volvo would one day be owned by a Chinese car manufacturer. Similarly, not many would have predicted the acquisition of Jaguar and Land Rover by India’s Tata Motors a few years ago. The investment across brands and ownership of brand portfolio by the large automobile manufacturers can make it difficult for consumers to identify “who owns what”. For example Volkswagen recently acquired a 49.9% stake in Porsche AG … Continue reading Geely’s Acquisition of Volvo: The “Made in” versus “Made by” Argument

Averting a Greek Tragedy

With debts in excess of 300 billion Euros, Greece is at the mercy of “outsiders” for financial aid. It is no longer a question of “if” Greece will need foreign help but more a question of “who” will help out. While Greece has raised some funds through the issuance of government bonds, it cannot handle this crisis alone. The million dollar (or 300 billion Euros) question is whether the European Union (EU) will come to Greece’s aid? To answer this one needs to look at some facts: –          The EU is an economic union with high levels of integration. Therefore … Continue reading Averting a Greek Tragedy

Sporting a New Attitude

The reality of professional sports is that it is a highly competitive business aimed at maximising profits. But the last 12 months have been anything but successful for Pakistan cricket. Barring the T-20 World Cup victory in June 2009, Pakistan cricket has struggled on and off the field. The lack of opportunities to host a home series has added to the financial woes of the Pakistan Cricket Board (PCB).  But in all this gloom there is a ray of hope. The recent controversy with the IPL player auction should in fact be seen as an opportunity to make a legitimate … Continue reading Sporting a New Attitude