Poland has experienced a remarkable economic boom in recent years and in September was promoted to Developed market status by FTSE Russell. Vistra’s Kenny Morgan explains why Poland is such a hot expansion target for multinationals and explores some of the opportunities and challenges it presents.
A parliamentary report estimates the UK throws away 2.5 billion disposable coffee cups each year, “enough to stretch around the world roughly five and a half times.” Fewer than 1 in 400 are recycled. The report recommends a 25p (about 33-cent) levy on coffee cups, part of a trend of European lawmakers addressing the growing problem of single-use plastic waste.
The Harvey Weinstein scandal and #MeToo movement have focused a wave of attention on workplace harassment. HR departments in the US are scrambling to revise policies and examine their company cultures. But abroad, the picture can be very different. Simply translating home-based policies into a new language for use in another jurisdiction isn’t the answer. Multinationals must learn to navigate relevant foreign laws while realizing that effectively combating harassment is as much about culture as legislation.
Applying one set of HR policies and procedures across multiple countries of operation is usually a recipe for misunderstandings, low employee morale and reduced profits. Multinationals need to take time to study an unfamiliar culture before hiring employees there. Here are some important areas to consider.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
We explain the origins of the Catalonian independence movement and its possible ramifications for businesses operating in the region.
Last month, the US men’s national soccer team lost a game that knocked the US out of the 2018 World Cup. One prominent commentator called it “the most surreal and embarrassing night in US soccer history,” and its economic consequences will be significant and long-lasting.
London is home to some 200,000 French expats and is sometimes facetiously called France’s sixth largest city. Brexit-related uncertainties have some London-based French expats worried, while French authorities see an opportunity to woo them back home.
Air pollution caused by industry and global warming has spawned a strange new market in China: the selling of canned "fresh" air.
Many of China’s super-rich have turned to the West for guidance on etiquette, in particular to the UK tradition of employing a butler to oversee staff and household operations. As a result, schools devoted to training butlers are proliferating in the country.
McDonald’s announced a partnership with a Chinese state-funded conglomerate and a US private equity firm. The $2 billion deal reflects economic and cultural realities in China and is evidence of McDonald’s willingness to depart from its traditional domestic strategies when doing business across borders.