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.
Facebook looks to reenter China despite unsuccessful expansions there by Google, Uber and others. The New York Times reports that Facebook has even developed confidential software that could help the company comply with China’s strict censorship requirements. This post explains why Facebook’s potential expansion into China is extremely risky despite the huge market.
This week's Global Glance looks at smoking in France and the global legislative trend that strips tobacco companies of branding privileges while forcing them to include disturbing images on their packaging.
This week's Global Glance looks at new allegations that VW employees “at the highest levels” were involved in the defeat-device deception; and what you should know about the unrest in Kashmir.
This week we look at: Venezuela’s economic crisis; Lyft’s evolving global expansion strategy; and Larry, the UK’s Chief Mouser.
The gender pay gap is a worldwide problem; it exists in every nation. Perhaps the most telling statistic demonstrating this inequality is the gender pay gap: on average, women earn 46% less than men earn. In fact, the annual pay for women only now equals the amount men were earning 10 years ago. Increasing attention to the gender pay gap around the world has inspired governments and advocacy groups to take action. In this climate, it is increasingly important for employers to ensure that they are paying their employees fairly and in compliance with the laws of the countries in which they operate.
By Bill Thomas, Executive Vice President and Chief Operating Officer
When American businesses venture abroad, they face serious challenges: ensuring compliance, managing tax implications, and aligning their goals with the local culture. According to CFOs and senior finance executives who participated in a recent survey conducted jointly by HSP and our partner CFO Magazine, those challenges only grow when a firm’s expansion takes it into emerging markets.