Word: tradings
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...Acer's lowball strategy is not without trade-offs. Despite market-share gains, revenues in the first quarter fell 6.5% from a year earlier to $3.5 billion, while operating income sank 6.1% to $75.8 million. (Wang still expects Acer to match or slightly exceed its 2008 operating profits in 2009.) Bryan Ma, a computer-industry analyst at IDC in Singapore, says Acer risks tarnishing its brand in the long run. But during the recession, Ma says, Acer's product mix will help it outperform. "They're in the right place at the right time," he says...
...France earlier this week the Constitutional Council, effectively France's Supreme Court, ruled that proposed laws that would have forced Internet service providers (ISPs) to identify and help prosecute users who illegally trade copyrighted material, were unconstitutional. The news comes as a blow for the government of President Nicolas Sarkozy as well as organizations around Europe that had been hoping that the French example might spur other governments into greater action against illegal file sharing. (See pictures of Sarkozy...
...started to creep up, if not at last summer's pace) so that foreign-made goods are no longer cheap to import. We could find ourselves doubly stuck because domestic manufacturing is no longer set up to make all these products. While no community functions in isolation, supporting local trade helps "recreate the diversity of small businesses that are flexible and can adjust" to changing needs and market conditions, says Witt. (Read "How to Know When the Economy Is Turning...
Last weekend's Acapulco firefight was the latest episode of close urban combat in Mexico as cartel militias fight one another and the government for the bounty of the drug trade. But its time and place could not have been more unfortunate. After tourism was shattered by the swine flu scare, Mexico just two weeks ago launched a campaign to try to lure holidaymakers back to its paradise beaches. Under the slogan "Vive México" (Long Live Mexico), the $90 million effort is using such stars as Spanish tenor Placido Domingo and soccer ace Rafael Márquez...
...heart of the crisis stretches back a year, when the Garcia government, using special powers granted it by Congress, passed nearly 100 legislative decrees to facilitate implementation of a free-trade agreement with the United States. The agreement came into force this past February. Indigenous communities, under AIDESEP, objected to a number of decrees that dealt with water and land rights. They argued that the decrees would not only increase the number of oil and logging concessions already granted in the country's 67 million hectares (165 million acres) of rain forest, but allow for the actual sale of their...