Ford Motor Company (F ) CEO Alan Mulally told Bloomberg Tuesday that Japan’s monetary policies are giving an unfair advantage to Japanese automakers. “The most important thing that most countries around the world believe in is letting the markets determine the currency,” Mulally told Bloomberg’s Susan Yi
The relationship between the world’s great economic powers — the U.S., Europe and China — will be in transition in 2013, and changing political leadership is a big reason why, says Daniel Franklin, editor of The Economist magazine’s “The World in 2013.
A University of Michigan team of researchers wanted to find out if consumers would pay extra for a pair of socks made in a factory that was free of child labor, offered workers a relatively decent wage, and met adequate safety standards.
BY IBTimes Staff Reporter | December 15 2012 8:38 PM Less than a month after taking charge to a chorus of boos and thunderous unrest, Rafael Benitez has the opportunity to win a trophy as Chelsea boss when his side take on Corinthians in the final of the FIFA Club World Cup. While perhaps unsurprisingly, given the dissention that surrounded the club, Benitez did not get off to the best start on the pitch, results have started to improve.
It's early days for the UK's austerity drive and it's not going well, UK chancellor George Osborne has had to downgrade growth forecasts well into the future in his Autumn Statement. Chris Giles, economics editor, Jonathan Guthrie, city editor and personal finance editor, Jonathan Eley discuss with Seb Morton-Clark what the chancellor's doing for the economy, business and Britons to get his recovery plan on track. For more on the 2012 Autumn Statement visit: http://www.ft.com/intl/indepth/autumn-statement-2012
The FSA and Ofgem are investigating claims that 'unusual trading activity' may have affected gas prices.
As the world's most populous nation unveils its new leadership, China's political masters now face the unenviable task of addressing a slowing economy, rampant corruption, environmental pollution and deteriorating relations with some of its neighbours. The FT's Beijing correspondents outline some of the challenges faced by China's new generation of political leaders. Related Article: http://www.ft.com/intl/cms/s/0/8de22556-2eca-11e2-8bb3-00144feabdc0.html For more on the China Leadership Transition visit http://www.ft.com/intl/indepth/china-leadership-transition http://www.FT.com/video
The BBC needs to regain public trust after the sudden departure of the director-general and a series of revelations linked to its Newsnight programme. FT columnists Philip Stephens and John Gapper tell Daniel Garrahan that it might take major structural reform as well as a management reshuffle do so. Related Articles: http://www.ft.com/intl/cms/s/0/21efe2b6-2cbd-11e2-9211-00144feabdc0.html http://www.ft.com/intl/cms/s/0/c4e9762e-2ca1-11e2-9211-00144feabdc0.html For more video content from the Financial Times visit http://www.FT.com/video
Barack Obama has won a second term in the White House, but there are $600bn of spending cuts and tax rises looming at the end of the year. Michael Hampden-Turner, macro-strategist at Citi outlines to Alphaville's Lisa Pollack market worries that US lawmakers could prefer to go over the so-called fiscal cliff rather than cut a deal. Related Articles: http://www.ft.com/cms/s/0/4bf38476-285a-11e2-afd2-00144feabdc0.html http://www.ft.com/intl/cms/s/0/7b984036-28a0-11e2-9591-00144feabdc0.html For more on the 2012 US Presidential Election visit: http://www.ft.com/intl/indepth/us-presidential-election-2012
Lex's Vincent Boland and Nikki Tait analyse Wednesday's 'mixed bag' of results from Adecco, the Swiss-based global recruiter which faces the problem of persistent economic uncertainty in the eurozone. Related Articles http://www.ft.com/intl/cms/s/3/13238fa2-281d-11e2-ac7f-00144feabdc0.html http://www.ft.com/intl/cms/s/0/4a0b4a00-27ff-11e2-ac7f-00144feabdc0.html For more video content from the Financial Times visit http://www.FT.com/video