Few companies from emerging markets have grown into successful multinational enterprises. One business that has is the packaged-goods company Grupo Bimbo. Founded in Mexico in 1945 by Lorenzo Servitje, the publicly traded company now holds the title of the world’s largest baker, with sales exceeding $10 billion in 2010. Just over half of those sales came from outside its home market—namely China; many Latin American countries, including Argentina and Brazil; and the United States. The company trades under several well-known brands, including Entenmann’s and Thomas’ in the United States, and the ubiquitous Bimbo brand in Latin America.
Filed under: Money Matters, Mr. Ambassador by !YG
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11 August 2011, 7:00 PM – 8:30 PM
BMW Guggenheim Lab | First Park | Houston at 2nd Ave
The Institute for Public Knowledge cordially invites you to a live taping of a conversation between New York University's Poiesis Fellows and BMW-Guggenheim Lab Team members Elma van Boxel and Kristian Koreman of the Rotterdam-based architecture studio ZUS [Zones Urbaines Sensibles] as they discuss how urban life is connected to the infrastructures that support it–from sewers and roads to Internet search engines and passports. Panelists include New York-based filmmaker Cassim Shepard, Chinese architect Haiyan Huang, and editor in chief of Time Out India Naresh Fernandes. Be part of our studio audience, participate in a Q&A, and debate the panelists.
This event is co-sponsored by NYU's Institute for Public Knowledge, BMW, and the Guggenheim Museum
This event is open to the public with photo ID.
Filed under: Keeping it Mogul, Mr. Ambassador by !YG
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Investing is always risky business; corporate scandals regularly surface in the news, corporate bonds are frequently downgraded, accounting fraud is often revealed and market imperfections such as the flash crash continuously bring a level of uncertainty. Even the most stable domestic blue chip companies will face times of tremendous volatility. 1) Foreign Exchange Rate Risk
2) Non-Normal Distribution
3) Lax Insider Trading Restrictions
4) Less Liquidity
5) Difficulty Raising Capital
6) Poor Corporate Governance System
7) Increased Chance of Bankruptcy
Political Risk
READ FULL ARTICLE
Filed under: Mr. Ambassador by !YG
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Good to see other people are beginning to wake up and see the variety of entrepreneurial initiatives bubbling on the African continent. S/O to Ndubuisi Ekekwe for penning this post. – YG (@youngglobal)
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Early this month, Cisco announced that it was investing $10 million in Egypt. What made it different from other investments by multinational companies in Africa was that the network equipment maker structured it as a venture capital investment, not a donation. The beneficiaries will be small businesses that provide innovative products, services and solutions.
Filed under: Keeping it Mogul, Money Matters, Mr. Ambassador, Uncategorized by !YG
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