2 Japanese Steel firms Merging

This week, two more Global 5000 companies announced they were merging … Nippon Steel and Sumitomo Metal Industries.  Just watching The Global 5000 companies on a regular basis we see mergers and combinations on a regular basis. This one feels different. It is...

Chinese Bank Signs Deal to Buy US Branches

In a news report today, Industrial & Commercial Bank of China (ICBC) has agreed to a deal to buy US branches of Bank of East Asia of Hong Kong. ICBC is 70% owned by the government of China and is number 13 in The Global 5000 banking sector with approximately $70...

Numbers Can Be Head Scratchers

Like many of us these days, we have been watching for the hopeful signs of economic growth and much of the attention naturally turns to GDP and GDP growth. While we ‘kind of’  know what GDP represents, the details are best left up to the economists —...