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Sunday, November 09, 2014

SABMiller Challenge: Convincing People There’s a Water ‘Problem’ - Bloomberg

SABMiller Challenge: Convincing People There’s a Water ‘Problem’ - Bloomberg: "The SABMiller executive later addressed The Economist water summit in London on Nov. 6, calling for greater private sector involvement in tackling shared resource risks such as water scarcity.

“Water needs to be seen by both businesses and policymakers as far more than simply an environmental issue. It is a social issue, a health issue, a development issue, a business issue and an economic issue,” Lippert said."



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Friday, November 07, 2014

The campaign for death relief

The campaign for death relief: "When I visited the Web Summit for the first time, this week, I was struck by how much the tech start-ups pitching for business looked like on-course bookmakers at a racetrack. They had the same narrow stands, with just enough room for a display board including names and logos. They also had satchels – at least metaphorically – in which to stuff the money of anyone who wanted to place a bet with them.
The big difference from actual bookmakers is that each of them was itself a horse. And the trick for investors was to guess which of these horses – some very dark – might emerge from this year’s field of 2,160 and become the next Google.
I didn’t notice any start-up offering the prospect of eternal life. Yet that is, generally speaking, one of the big potential growth areas for entrepreneurs – at least according to Peter Thiel, a star speaker at the summit. And he should know.
Thiel has backed many of the most successful horses of recent times. He set up Paypal, took an early share in Facebook, and presides over an investment company with $2 billion assets. But as well being very rich, and having a talent for identifying businesses that will make him even richer, he is also a philanthropist, contrarian, and deep thinker, who expects more from investments than mere money."



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Thursday, November 06, 2014

ECB says Irish policymakers to blame for economic crash

ECB says Irish policymakers to blame for economic crash: "The European Central Bank (ECB) has issued a forthright defence of its actions in the course of Ireland’s bailout, saying domestic figures were responsible for the unsound policies which led to the crash.
In a six-page paper published as the ECB released key correspondence from 2010 with the late Brian Lenihan, the Frankfurt-based institution said Ireland was not “pushed” into the bailout programme by a letter from its then chief Jean-Claude Trichet.
Citing the 2008 banking guarantee and other Irish decisions, the ECB said it was the very scale of the domestic crisis that made it necessary for Ireland to apply for an EU-IMF adjustment programme.
‘Inadequate policies’
“While it is understandable that Irish citizens feel acutely aggrieved by the legacy of the crisis, it was domestic policymakers who were responsible for the inadequate policies relating to banking supervision, public finances and the loss of competitiveness.”"



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CBS at 87 Plunges Into Web-TV With Sony, 24-Hour News - Bloomberg

CBS at 87 Plunges Into Web-TV With Sony, 24-Hour News - Bloomberg: "CBS Corp. (CBS), the 87-year-old broadcaster, is embracing online television with the gusto of a tween.

Today, the company started a 24-hour online news channel, CBSN. Yesterday, Chief Executive Officer Leslie Moonves said he’ll supply Sony Corp. (6758) with programs for a Web-only TV service. And last month CBS All Access made its debut, offering the most-watched television network online for $5.99 a month.

With these moves, Moonves has leapfrogged his peers, going straight to consumers to make virtually all of CBS’s programs available on the Web at the same time as they are on TV. The company wants to deliver news and hit series like “NCIS” to the growing market of young people who watch video on phones and tablets, without undermining the $104 billion TV industry."



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