Word: brazil
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...developing markets like China to spur growth. After focusing much of its energy over the past seven years on mature economies, it is locked in a global contest with its chief rival, Citigroup, to tap the pocketbooks of the world's newly rich. From South Korea to India to Brazil, HSBC is expanding its branch network, launching new financial products and marketing its brand. In December HSBC acquired 10% of Vietnam's Techcombank; in November HSBC said it planned to launch the first independent investment bank in Saudi Arabia; and in late October it purchased 70% of an investment bank...
...sustainable development. NGOs such as Greenpeace and Amnesty International have led the attack against companies and governments, and the World Economic Forum poll shows that NGOs today are the organizations most trusted by the public. But distrust is growing even of NGOs, particularly in such countries as India, Brazil and South Korea. "People will ask, Who are these people, and to whom are they accountable?" says Elkington...
...likely to give Jacques Chirac problems anytime soon. [This article contains a table. Please see hardcopy of magazine or PDF.] Countries with steady or declining trust in companies '04 -- '05 net change* Argentina 1 S. Korea -4** Mexico -5 China -6 Indonesia -6 India -7 Britain -7 Brazil -9 Germany -11 Turkey -13 Canada -18 U.S. -19 Spain...
None of sugar's major producers have gone unscathed. Brazil, the world's largest exporter, is diverting more of its drought-shortened crop to the production of ethanol, a cheaper alternative to imported oil. In Thailand, the world's No. 2 exporter, supermarkets have begun rationing supplies. Drought in 2004, the worst in 40 years, reduced output by more than 2 million tons...
...Brazil, October...