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Sunday, May 27, 2012 5:30 PM EDT
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Currently, there are 28 emerging markets in the world, with the economies of China and India considered to be by far the two largest. Although some people find the term dated, a new term has yet to gain much traction.
By Reuters
MetLife Inc <MET.N>, the largest U.S. life insurer, said it plans to refocus its U.S. business and will seek to grow in emerging markets as part of a strategic plan that is set to be unveiled later on Monday. (May 23)
MORE TOPICS: AIG
By Reuters
Lenovo Group Ltd <0992.HK>, the world's No.2 PC maker by sales, reported a 59 percent rise in fourth-quarter net profit, meeting analyst expectations as strong demand in emerging markets such as China offset weakness in Europe. (May 23)
By Reuters UK
Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 22)
MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM
By Reuters
Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 22)
MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM
By Reuters UK
Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 22)
MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM
By IBTimes
French hotel giant Accor SA (Paris: AC) said Tuesday it will sell the underperforming Motel 6 U.S. budget hotel chain to asset manager Blackstone Group LP for $1.9 billion, as part of an effort to cut debt and shift focus from the U.S. to fast-growing emerging markets. (May 22)
MORE TOPICS: DEUTSCHE BANK, NYSE, NEW YORK
By Reuters UK
Vodafone cut a medium-term sales growth target on Tuesday as customers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator. (May 22)
By Reuters UK
Vodafone <VOD.L> lowered a medium-term target for revenue growth on Tuesday as consumers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator. (May 22)
By PFG Best
Oil traded down to the 90 handle before bouncing a bit as we head into what will be a historic week in energy. We will see the first oil in the gulf from the reversal of the Seaway Pipeline, a watershed event that is symbolic of the changing energy dynamic here and around the globe. (May 21)
By IBTimes
Indian Finance Minister Pranab Mukherjee Sunday expressed concern over the depreciation of the rupee. (May 20)
MORE TOPICS: INDIA, NEW YORK, INVESTMENT
