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Canada vulnerable to global downturn
Article: http://business.financialpost.com/2011/09/25/canada-vulnerable-to-global-downturn-harper-warns/ The Canadian Prime Minister, Mr. Harper claimed, “The Canadian economy’s export-driven base is “very vulnerable” to the global economic slowdown.” Canada’s economic strength is pretty good compared to other countries, except its export. That is the main factor that affects … Continue reading
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UBS CEO Oswald Gruebel quits over ‘rogue-trader’ loss
Oswald Gruebel(CEO) of United Bank of Switzerland has resigned due to a rogue-trader. Mr. Adoboli, as the one who caused the United Bank of Switzerland to loss $2.3bn, was arrested and charged with false accounting and fraud last week. The … Continue reading
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Business Ethics – Sanlu Company
The picture above is the milk powder from Sanlu Company in China. In 2008, the scandal of Sanlu Company shocked people all over the world for overusing melamine (a harmful chemical substance for increasing protein content) in their milk powder. Thousands of babies became victims by their … Continue reading
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