Economy
TNCs prefer mergers, acquisitions: Survey
MAJOR transnational corporations (TNCs) plan to continue their international expansion at a sustained pace with the preferred mode of expansion being cross-border mergers and acquisitions (M&As) in developed countries and as greenfield investment in deve loping countries.

OECD asks Japan to step up reforms
THE Organisation for Economic Cooperation and Development (OECD) has called Japan to move ahead with reforming its economic structure and institutional framework while making intelligent use of the limited set of macro-economic policy instruments now ava ilable to bolster economic activity.

EU to reduce farm subsidies further
THE European Union imports six times as much products from less advanced countries than the US, Mr Francois Huwart, Foreign Trade Minister of France, said here. The lowering of farm subsidies underscored this fact, he added.

Business advisory panel to kick off at WEF meet
A 12-member Business Advisory Council of India comprising representatives of foreign and domestic companies would be launched in New York next month during the annual meeting of the World Economic Forum (WEF).

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