GLG News by IFRS Accounting Specialists

The  CDO  and  subprime  mortgage crises is only just starting and  needs to  be  controlled. The Fed and its Chairman are however of  the opinion that it  is  not  a  major cause for  worry  and  inflation is more important....

German provide world class engineering. Russian otherwise are innovative and entrepreneurship. German set up Russian-German Trade Guild in Hamburg.

Microsoft  has a  virtual  stranglehold  on  the   Small  Office  and  Home  Office  segment. Open  Source  software  like  Open  Office  and  Firefox  have  for  long  tried  to ...

Fiat, General Motors, Ford and Chrysler push supplier to cut cost but not helping them. TK Aluminum had been owned by Fiat, and sold to Questor in 2002 for $628 million. Toyota, Honda and NIssan Motor made profit.

American  Home  Mortgage Investment is  the  latest  to  announce  financing  problems. The  spread  of  the  mortgage  crises  has  expanded  from New York  to  Australia, Europe, Japan  and   security ...

Johnson & Johnson cut cost about $1.3 bn to $1.6 bn for 2008 restructuring charges will be in the range of $550-$750 million in the 2nd half of 2007. 3-4 % of position elimation will effect the 120,500 men and women in 57 countries.

Auditors  are having  a  tough  time. The PCAOB  is  behind  their  backs  and  auditors  who normally  report  on  the  faults  of  clients  now  have  to  contend  with  having ...

competitive of Singapore in financial market is undeniable Singapore has the advantage of extra resources to develop competitiveness as the country already fully developed Singapore has the multi culture and multi lingua advantage over other country.

Shanghai Auto and Nanjing Auto make a smart move to sign MOU. The two companies using the same technology and produce same model of car. Beijing effort to promote consolidation to restrain competition.

The  referred  news  article  reminded  me of  Cecil  Rhodes  and  the  concept  of  core  competence.  The  Rhodes legacy has  greatly  influenced  my  thinking  over  the  years  and ...