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Finances and Services
Finances and Services
The client is king.
The investor takes centre stage. Simple products, less risk and more advice. These are the pillars of the new financial economy; the real one is based on reducing costs and going green.... Read more [+]
The Best of World’s stock exchange
Colombo (Sri Lanka): +95.5%. The peace dividend.The ASPI Index doubled its value in 2009. Analysts attribute it to the 'peace dividend'. The end of the civil war in this financial year has been crucial and the cherry on the cake of eight years of economic growth. Shares in tourism companies have rocketed and infrastructure companies have performed well on the stock market in the face of prospects of reconstruction work after the conflict. A good year for a small stock market which could be bought for 9,000 million dollars.
Shenzhen (China): +117.1%. The head of the giant.One of China’s three stock exchanges, alongside Hong Kong’s and Shanghai’s. The year 2009 has been the prelude to what is hatching: the arrival of European and American investors with all their artillery.
The Best of Solutions for companies
Deutsche Post DHL: 57,777 million Euros (2008). The leader speaks German.The crisis struck the world’s largest logistics giant in 2008. Its profit of 2,133 million Euros in 2007 plunged to losses of 567 million Euros in 2008. The repercussions were the sale of its mail business in the USA and 15,000 layoffs. Despite this, DHL continues to be world leader, with a turnover of 57,777 million Euros in 2008, offices in 220 countries, 435,000 employees and 120,000 destination points.
United Parcel Service (UPS): 34,752 million Euros (2008). The best in parcel delivery.Leader in parcel delivery services: 3,900 million shipments per year. Its airline is the ninth largest in the world. It owns 263 aircraft and charters 300 more to make 1,722 flights per day. The company has 415,000 employees.
The Best of Real States
Colonial. A radical turnaroundIn just one year Colonial has managed to reduce its debt by 2,094 million Euros to 6,400 million Euros (in September 2008 its debt totalled 8,494 million Euros). The debt was reduced through the issue of convertible debentures for 1,311 million Euros, the partial execution of the sale of 33% of its subsidiary, SFL, and15% of FCC (1,043 million Euros in total), agreements to sell land and residential property to financial entities for 327 million Euros and the sale of other assets for 291 million
Metrovacesa. Weighed down by assets.Controlled by its creditor banks since 2008, the company holds a debt of 6,202 million Euros. The depreciation of its assets has undermined a 2009 which, in September, stood at 508 million Euros in revenue.
