Romania’s IT sector will end 2006 with a strengthened track record of continued growth and expansion, announced Romania’s General Director for Export Promotion, Minister of Commerce & Economy, Costin Lianu. Lianu noted significant market activity was generated by global IT companies entering Romania’s thriving market.
Despite growing interest in the asset class, less than a quarter of pension schemes that invest in funds of hedge funds are satisfied with their investment returns, according to a new global survey by Mercer Investment Consulting. The survey found that only 23% are satisfied while 48% are neutral and 28% are dissatisfied.
A majority of consumer products companies are so encouraged by their investment success in emerging markets that they plan to continue significant spending in those countries, according to a new KPMG International survey in which executives rank China, India and Brazil as the top expansion destinations because they turned a profit there in under five years.
According to a recent TripAdvisor(TM) survey of more than 2,100 travelers from around the world, 68 percent of travelers regularly stay at the same hotel chain when on business trips. Marriott was selected as the top hotel choice when traveling for work. Thirty-four percent of respondents plan to take one to three business trips this year, and nearly ten percent will take ten or more trips for work this year.
Visa International today announced that the value of all purchases and cash withdrawals made with Visa Commercial payment solutions worldwide has reached US$317 billion for the four quarters ended June 30, 2006.
Only 33% of employees overall are satisfied with the quality and quantity of communications from their employer, according to a global study released today by Jack Morton Worldwide. The study also revealed that employers should be using experiential marketing - an increasingly prominent means of marketing to consumers - to engage and motivate employees, given the high marks staff give to live events.
Alcatel today announced it has won the 2006 Frost & Sullivan Market Leadership of the Year Award in the European fixed telecoms market category. The award recognizes the company's achievement in defining the network architecture for triple play deployments.
The emerging area of electronic waste (e-waste) recovery is attracting increasing attention as governments of several developed countries issue directives to address the environmental hazards posed by existing methods to dispose waste electrical and electronic equipment (WEEE). Conventional methods, such as disposal in landfills and incineration, are both potentially damaging to the environment due to the leaching and emission of certain toxic substances respectively.
Alcatel and Nokia have announced a collaboration which extends Alcatel's business telephony offering to the mobile workforce by way of the Nokia Eseries, a range of business class devices. The Intellisync Call Connect for Alcatel, is a Nokia offering designed to integrate Nokia Eseries devices into the Alcatel IP Communication server. The collaboration reaffirms both companies' commitment to mobilizing business communications.
