July 15th, 2008
As Chris noted yesterday, Anheuser-Busch has accepted a takeover bid from InBev, a Belgium-Brazilian brewing conglomerate. The new company will be called “Anheuser-Busch InBev” and August Busch IV will have a seat on the board of directors.
A lot of people were against the take-over. “Loss of an American icon”, “Bud is now Belgium”, “Foreign Owners”.
Fears […]
By Jean Mercedes -- 2 comments
July 14th, 2008
The deed is all but done, Budweiser is now Belgian, at least when it’s not Czech. I guess in international business - as in all business - it’s money which does the talking in the end.
Tags: Anheuser-Busch, Budweiser, InBev
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By Chris -- 0 comments
July 13th, 2008
Not only the rich and famous are buying real estate in foreign countries. With markets in the US and UK down, and the low dollar doing its job, folks all over the world are gaining interest in properties outside of their own country.
But how can average realtors in the US attract foreigner buyers? One way […]
By Jean Mercedes -- 0 comments
July 12th, 2008
The news is full of stories these days about the effects of high gasoline prices:
People are buying fewer cars, especially trucks and large SUVs;
People are driving less;
Flight prices are increasing;
The price of consumer goods is increasing as companies pass on rising costs for transportation and production.
What I want to know is: Are companies cutting back […]
By Jean Mercedes -- 2 comments
July 11th, 2008
Chicago O’Hare International Airport was ranked worst in delays, as reported by Forbes Magazine in an article titled “America’s Most Time-Draining Airports”.
If flight delays are getting to you, you could buy delay insurance from American Express. If your flight is delayed, you get paid between $100 to $250. Sounds great, right? You are late for […]
By Jean Mercedes -- 0 comments
July 10th, 2008
Earlier this week I wrote about one of the things the US has been doing (or at least thinking about doing) to discourage travel to this country. Obviously, one of the biggest disincentives to travelling to the US is the whole border experience, even for citizens. It’s even more complicated for many of those who […]
By Chris -- 0 comments
July 9th, 2008
Starbucks may be cutting back here in the US, but they’ve decided growth overseas may well be the answer. Unfortunately, profits overseas haven’t looked as good, but growth is king, right?
image from Wikipedia, GNU Free Documentation License
Tags: coffee, international, starbucks
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By Chris -- 0 comments
July 8th, 2008
One of my favorite quotes of all time is from former president of Egypt Gamel Abdel Nasser, of all people, and relates to American foreign policy. It applies equally well to American business.
“The genius of you Americans is that you never make clear-cut stupid moves, only complicated stupid moves which make the rest of us […]
By Chris -- 0 comments
July 7th, 2008
I hate to fly at the best of times and, since September 11, 2001, I have absolutely loathed it due to the many inconsistent and seemingly useless security safeguards which have been introduced. In between taking off shoes, taking out laptops, and putting liquids into a baggie for no discernible reason, I fly only when […]
By Chris -- 0 comments
July 7th, 2008
My wife found out today that Häagen Dazs is not in fact a foreign brand of ice cream. In fact, it was started in New York over 50 years ago and given a name intended “to convey an aura of the old-world traditions and craftsmanship” the owner hoped to emulate. Now, whatever the merits of […]
By Chris -- 2 comments
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