Sirius XM: Expect Another Rally




The main catalyst driving the growth at Sirius is the automobile industry. Almost 70% of the new cars being built today have satellite radios installed. And Sirius expects this number to go even higher in the future. Last year was the best year for new car sales since 2007..... Seeking Alpha   



China not yet buying the world

Professor Peter Nolan
As the Financial Times put it: ‘Nolan knows more about Chinese companies and their international competition than anyone else on earth, including in China’. Excerpts from his recent interview to The Hindu:


Have Chinese and Indian firms reached the point where they can truly project themselves onto the global stage?
In a short answer, no, at least mostly no. The most remarkable thing, of the last ten years, is the fact that Nokia has not been killed by a Chinese or Indian company. It’s been brought down by two American firms — Apple and Google. Now just think about that for a second. Once you become a world leader like Nokia, it isn’t that easy to be brought down.
Ten years ago, everybody was talking about how even though low-income countries like India might not be able to catch up in terms of manufacturing, they would win the race in terms of high-tech and other forms of consumer electronics and technology. That hasn’t happened now and I don’t think it is likely to happen. There is something about the ecology of high-income countries such as the U.S. that allow them to dominate in this space.




Anglo American continues the process to integrate De Beers into its Group structure





  • As Anglo American continues the process to integrate De Beers into its Group structure, Philippe Mellier, chief executive of the world’s leading diamond company, talks to Claire Adler about the company’s heritage and its future at a transformational time.
  • India’s rapid growth earlier in this century has now slowed considerably, and major changes are needed to ensure the slowdown does not become permanent. Vijay Joshi, former economic advisor to the Indian government, is seeking a new wave of reforms to set the country in the right direction.
  • Working in hostile environments and with an industry-average discovery rate of one find for every thousand drill targets, exploring for resources can be a frustrating mission. But persistence and creative thinking are giving Anglo American an edge.
  • Municipalities are not always prepared for a large mining project’s impact on their social and physical infrastructure. In South Africa and Brazil, Anglo American is partnering with governments and NGOs to ensure councils and communities embrace and are ready for such change. 

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