Summit Notebook

from Global News Journal:

Waiting for Europe’s “appropriate response”

October 13, 2011

Will the euro zone finally act decisively?

Investors are hoping for something big from European leaders at the EU summit on Oct. 23 and of the Group of 20 on Nov. 3. But they also know the 17 nations of the euro have a habit of offering delayed, half-hearted rescues that have cost them credibility.

More or less fun in a recession? It’s a tough call

By georgina prodhan
May 17, 2010

EA_Jens_Uwe_Intat_SVP_Reuters_Summit_Paris_2010_17_May_30pctStill unsure whether economic recession is good or bad for video-games sales, more than a year in? If so, you’re in good company — neither does the world’s biggest games publisher. Electronic Arts’ head of European publishing says the company still hasn’t figured out whether people cut spending on big items like housing and cars first, or whether those kinds of decisions are just too hard.

Recession’s perfect storm speeds up change in ad industry

December 2, 2009

Why is it that the United States’ advertising as a proportion of marketing services is at its lowest point since 1977, maybe even lower than since the Second World War?

Lamenting the good ol’ days

May 13, 2009

    The sprouting of privately-held alternative trading venues has seriously mucked up the trading landscapes in the United States and elsewhere, or so says Thomas Caldwell, chairman and chief executive of Caldwell Financial.
    Caldwell, founder of a major exchange investment firm, sees a world that has quickly evolved into one of nimble, electronic players coupled with more and more trading venues with the proliferation of alternative trading systems, or ATSs.
    (They’re also called electronic communications networks (ECNs) in the United States and multilateral trading facilities (MTFs) in Europe).
    These new venues, which can include the ominously-named dark pools, or alternative venues, where they can secretly match buy and sell orders, leads to, among other things, “deeply flawed” pricing for market participants, in Caldwell’s view.
    The idea of bank-backed stock trading venues is also suspect, says Caldwell.
    “Publicly-owned exchanges, open and visible trading, an auction market environment,” he said during the Reuters Exchanges and Trading Summit in New York.
    “These are centerpieces if you really want an economy to grow and you want to encourage entrepreneurs with access to capital. The more we get into gamesmanship and side products and all this other stuff it depletes from this.”
    (Posted by Jennifer Kwan)

NYSE if Grasso were in charge? Bankrupt, says Liquidnet CEO

May 11, 2009

The emergence of off exchange stock trading in the United States in the past 10 years has eaten away at the market share of the New York Stock Exchange and Nasdaq by breaking their duopoly.

Central Europeans frown at state bank ownership

October 24, 2008

Talk in western Europe of possibly nationalising private banks to save them from the credit crisis is sending shivers down the spine of policymakers in ex-communist central Europe.

Carbon fails to capture EU cash

October 22, 2008

alan_svoboda.jpgThe EU boasts of its global leadership in fighting climate change but some in the energy industry wonder whether the bloc will put money to work to cut greenhouse gas emissions.

Will environment be forgotten in crisis? OMV says no.

October 22, 2008

wolfgang_ruttenstorfer.jpgThere are some who say the economic downturn means ambitious plans to fight global warming should be put on ice.

AUDIO – Gazprom: “We are mutually dependent”

September 8, 2008

GazpromA quarter of the gas that heats European homes and powers European industry is piped in thousands of kilometres from the Russian tundra. By 2015, Russia’s share of European gas supplies will rise to at least one third. That powerful lever of influence over Europe’s economy raises the stakes in its confrontation with Russia over its invasion of Georgia.

No mangoes, no cappuccinos without packaging

August 20, 2008

huhtamaki_ceo2_web.JPGIf you think that packaging produces loads of unnecessary waste, think again, says head of ice-cream and fast-food packaging maker Huhtamaki.