Word: exporter
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...helps to have a partner in the export market you have targeted--whether a distributor, equipment manufacturer or systems integrator--that knows the vagaries of the market and has relationships with your potential customers. WaveSmith's partner in Japan, NetOne, is part of a telecommunications keiretsu, a network of businesses that own stakes in one another. NetOne used WaveSmith's product in NTT Communications' telephone-equipment offices nationwide. It is now integrating the technology into the Internet and telephony systems of other undisclosed Japanese companies. This has expanded WaveSmith's Japanese customer base almost overnight. About a fourth of WaveSmith...
Large merchants as well as individuals who sell via online auction giant eBay often refuse to ship goods to Indonesia, Romania and Ukraine. Buy.com has completely overhauled its overseas-shipping practices. Citing fraud, the discount e-tailer last year closed its export operations run from offices in Britain, Canada and Australia and instead built a more secure export system run through its shipping partner in Florida...
...exasperating: the new regulations don't take into account significant differences in the way their companies are managed and audited, Europeans say, and would require the adoption of practices that are burdensome and at times at odds with their own national laws. "It's like using a bulldozer to export corporate governance rules," says Marco Becht, executive director of the European Corporate Governance Institute, a Brussels think tank. "In terms of substance and form, it is very problematic...
...brief period of relative calm, the financial system of the world's second largest economy has slipped back into crisis mode. Days earlier, the government released economic growth data that indicated recovery is even farther off than expected, thanks in part to economic weakness in the U.S., a key export market. Of more immediate concern: a sharp stock market decline?fueled by plunging bank stocks?sent the Nikkei average to its lowest level in 19 years on Sept. 3. That's a big problem for the banks, because they hold mountains of shares in Japanese firms. As their value evaporates...
...Suzuki Motor Corp. of Japan?agreed to pay $400 million in cash for a majority stake in the broken-down carmaker. GM's gamble is that it can radically rebuild the busted company, transforming it into a low-cost producer of cheap cars not just for Korea but for export to places like Latin America and China. The overhaul is already quietly under way, and the company is scheduled to be formally relaunched in October under a new name, GM Daewoo Auto & Technology...