Basically, no.
FT’s Lex expect some of Google’s non-search initiatives (Mobile, Vidoe, Display) to start becoming real businesses for the giant soon.
High flying Gulf airlines.
The Financial Times’ Lex asks: Where are tomorrow’s masters of the universe? Red in tooth-and-claw investment banks are pulling out all the stops to woo graduates. Nomura of Japan, arguably the world’s most socialist nation, is resorting to fat paycheques. Graduates are reportedly being offered $75,000, triple the average starting pay in Japan. US and [...]
Reposting an old review of the essential China Shakes the World by James Kynge.
More insights from HBS’s Salomon on the state of the MBA. On MBA job prospects: the job market has been challenging (to say the least) for graduates of the class of 2009 as bad as it has been for the class of 2009, unfortunately things are shaping up to be worse (dare I say awful) [...]
Simeon Kerr in the FT reports on the rapidly changing job prospects in Dubai (summary: it’s a buyer’s market). Real estate and finance are generally out although senior replacement positions are still being actively filled. The rest of the region led by Doha and Abu Dhabi and followed by Saudi and Kuwait are faring better.
Abu Dhabi is spending billions of dollars to transform itself into a global media hub. What will that mean for Dubai and Doha’s media ambitions?
The FT’s John Gapper looks into Ray Soifer’s annual analysis of the career paths of Harvard MBAs, which shows that a record-breaking proportion of this elite became bankers or financiers when they graduated this summer.
Many of those jobs – and much of the bonus pool that supported them – are at risk. I do not think investment banking will regain its hegemony for a very long time, if ever. – John Gapper (Financial Times)