Unilever targets emerging markets for 75 percent of sales

ISTANBUL (Reuters) - Consumer goods group Unilever <ULVR.L> <UNc.AS> expects to see three-quarters of its turnover from emerging markets by 2020 as heavy investment in these fast-growing regions and sluggish growth elsewhere take effect.
 

Asia vulnerable to US recession: Singapore PM

Asia, including China and India, will be vulnerable if the United States and Europe slip into another recession, Singapore Prime Minister Lee Hsien Loong said on Sunday.
 

Global Problems Threaten Fragile U.S. Recovery

European sovereign debt problems and slower emerging-market growth will weigh on the U.S. economic recovery.. European sovereign debt problems and slower emerging-market growth will weigh on the U.S. economic recovery.
 

Analysis: Is China left holding the credit baby?

LONDON (Reuters) - August's dramatic financial shock, which is now both feeding off and risks fueling another economic downturn, may well introduce a third phase of the four-year-old global credit crisis -- the infection of the ultimate creditors.
 

Asia eyes South America for resources, markets

When Japanese beverage giant Kirin said this week it would take a large stake in Brazil's Schincariol, it was the latest example of Asia's growing thirst for South American markets and resources.
 

Analysis: World economy wobbles as markets push policymakers

LONDON (Reuters) - The message from this week's market rout is crystal-clear: investors have lost confidence in their politicians, who urgently need to do something dramatic to reduce risks to the global economy.
 

Why I'm bullish on America

The "America in decline" message, coupled with China hype, has made perspective and balance a rare commodity. . Even though the deal got done, simmering American debt, spending challenges and the soft economy seem to have unnerved many investors in the past few days.
 

Brazil's gets new defense chief after Jobim resigns

Defense Minister Nelson Jobim has resigned and will be replaced by Brazil's ex-foreign minister, Celso Amorim, according to the president's office.
 

US food giant Kraft to split in two

Kraft Foods said on Thursday it will split in two, spinning off one company to target fast-growing emerging markets with its global snacks portfolio and another to focus on its US grocery business.
 

Standard Chartered bank profits surge 20%

Standard Chartered, the British-based emerging markets bank, said Wednesday that net profits rose 20 percent in the first half to a record US$2.52 billion (£1.55 bn) as revenues soared.
 

HSBC to hire 15,000 in emerging markets

Global banking giant HSBC said Tuesday it would hire thousands of people in emerging markets by 2014 as it looked particularly to Asia's booming financial sector to power future growth.
 

Analysis: Asia dodges one debt bullet, plenty more in chamber

SINGAPORE (Reuters) - Averting a U.S. debt default solves only the immediate fiscal problem for the West and its big creditors in Asia.
 

UBS hires BofA banker as global equities co-head

NEW YORK (Reuters) - UBS AG <UBSN.VX> has hired former Bank of America Corp <BAC.N> banker Mike Stewart as co-head of global equities, succeeding Yassine Bouhara, who will become CEO of emerging markets for the investment bank.
 

PPR sees strong luxury sales, confident in 2011 performance

French luxury products giant PPR reported Friday a 16.1 percent increase in first-half net profits to 450 million euros ($642.33 million) riding a strong increase in sales in emerging markets.
 

UBS hires BofA banker as global equities co-head

NEW YORK (Reuters) - UBS AG <UBSN.VX> has hired former Bank of America Corp <BAC.N> banker Mike Stewart as co-head of global equities and head of securities in the Americas, according to an internal memo on Friday.
 

Daimler sees emerging market car demand cooling

FRANKFURT (Reuters) - German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India was likely to slow sharply.
 

Daimler sees emerging market car demand cooling

FRANKFURT (Reuters) - German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India is likely to slow sharply.
 

Analysis: QE3 may do more harm than good

LONDON (Reuters) - There may be a point at which global investors get indigestion from U.S. money printing.
 

Analysis: QE3 may do more harm than good

LONDON (Reuters) - There may be a point at which global investors get indigestion from U.S. money printing.
 

China sovereign fund makes 11.7% return in 2010

China's $400 billion sovereign wealth fund said Tuesday it made a return of 11.7 percent on its overseas investments last year as it put more of its focus into emerging markets.