Wednesday, May 23, 2012 5:05 PM SAST

Emerging Markets

Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Currently, there are 28 emerging markets in the world, with the economies of China and India considered to be by far the two largest.  Although some people find the term dated, a new term has yet to gain much traction.

Articles About Emerging Markets

Burberry Wins Counterfeit War; Awarded £63 Million in Damages
Burberry Shares Drop as Investment Set to Hit Profits

By IBTimes UK

Burberry reported full-year profits of £366m - a 24 percent rise - but said a new investment of around £200m could hit future profitability. (10:15 am)

MORE TOPICS: RETAIL, INVESTMENT, LONDON

Specialist banks cherry pick from lay-offs

By Reuters

Small investment banks and brokerages in Europe are making the most of a hiring shutdown and cuts at bigger rivals, cherry picking staff frustrated by new pay rules and uncertainty over strategy. (9:35 am)

MORE TOPICS: DEUTSCHE BANK, GOLDMAN SACHS, FIXED-INCOME, RUSSIA, INDIA, CREDIT SUISSE

MetLife to outline growth plan, eyes emerging markets

By Reuters

MetLife Inc <MET.N>, the largest U.S. life insurer, said it plans to refocus its U.S. business and will seek to grow in emerging markets as part of a strategic plan that is set to be unveiled later on Monday. (7:35 am)

MORE TOPICS: AIG

Lenovo fourth quarter net profit up 59 percent, meets forecasts

By Reuters

Lenovo Group Ltd <0992.HK>, the world's No.2 PC maker by sales, reported a 59 percent rise in fourth-quarter net profit, meeting analyst expectations as strong demand in emerging markets such as China offset weakness in Europe. (6:49 am)

MORE TOPICS: CHINA, JAPAN

Vodafone takes £4 billion writedown on European weakness

By Reuters UK

Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (5:28 pm)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM

Vodafone takes $6.3 billion writedown on European weakness

By Reuters

Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (5:28 pm)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM

Vodafone takes 4 billion stg writedown on European weakness

By Reuters UK

Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (5:14 pm)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, VODACOM

Accor
Accor Sells Motel 6 To Blackstone For $1.9 Billion

By IBTimes

French hotel giant Accor SA (Paris: AC) said Tuesday it will sell the underperforming Motel 6 U.S. budget hotel chain to asset manager Blackstone Group LP for $1.9 billion, as part of an effort to cut debt and shift focus from the U.S. to fast-growing emerging markets. (May 22)

MORE TOPICS: DEUTSCHE BANK, NYSE, NEW YORK

Vodafone cuts sales target on weak European markets

By Reuters UK

Vodafone cut a medium-term sales growth target on Tuesday as customers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator. (May 22)

MORE TOPICS: PORTUGAL, GERMANY, TELECOMS

Vodafone cuts revenue outlook on European woes

By Reuters UK

Vodafone <VOD.L> lowered a medium-term target for revenue growth on Tuesday as consumers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator. (May 22)

MORE TOPICS: GERMANY, TELECOMS