International Business

Overseas rules change could pave way for Simon deals

December 6, 2011
Cory Schouten
New rules proposed for real estate investment trusts in the United Kingdom could help Indianapolis-based Simon Property Group Inc. as it seeks to expand its shopping mall dominance outside the United States.
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Lugar: Obama failing on Brazil trade, cedes clout to China

December 2, 2011
Bloomberg News
The top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from U.S. companies in Latin America’s biggest economy.
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Lilly committed to China despite IP woes

November 21, 2011
J.K. Wall
Indianapolis-based Eli Lilly and Co. is one of several Western pharmaceutical firms that see China as a linchpin of growth in coming years, due to patent expirations and a slowdown in government reimbursements for prescription medicines in the U.S. and European markets.
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Allison cuts ribbon on assembly plant in HungaryRestricted Content

October 15, 2011
 IBJ Staff
The 150-employee operation will ship products to international customers.
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Startup dangles visas in return for funding, jobsRestricted Content

October 8, 2011
Kathleen McLaughlin
A new enterprise in the Muncie area hopes to capitalize on wealthy foreigners’ thirst for U.S. residency.
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Taiwanese reps sign deals to buy corn, soybeans

September 26, 2011
Associated Press
Two Taiwanese trade groups have agreed to buy as much as $5 billion worth of corn and soybeans from Indiana and other states in 2012 and 2013.
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Typhoon delays Indiana trade mission to Japan

September 20, 2011
Associated Press
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
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Indiana exports hit annual record

September 15, 2011
The state shipped $28.7 billion in goods last year to foreign countries, including Canada, Mexico and Germany, which accounted for most of the demand, according to a report from the Indiana University Kelley School of Business.
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Global micro lender Grameen ramps up in IndianapolisRestricted Content

August 6, 2011
Low-income women could receive loans in weeks.
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More life sciences firms opt to launch products in EuropeRestricted Content

July 30, 2011
Maria LaMagna
The U.S. Food and Drug Administration's growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.
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Daniels signs trade deal with Chinese province

July 18, 2011
Associated Press
Daniels signed the business cooperation agreement Monday with the leader of Zhejiang Province, located on the east coast of China south of Shanghai. The document pledges to develop further business links between Indiana and Zhejiang.
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HICKS: Free trade isn't costing Americans jobsRestricted Content

July 16, 2011
Mike Hicks
I actually find it astonishing that there are still Americans who devote themselves to opposing free trade on the grounds that it hurts the economy. There is no more easily disproven fiction.
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Lechleiter: German drug pricing creates 'uncertainty' for Lilly

July 11, 2011
Bloomberg News
Eli Lilly & Co. CEO John C. Lechleiter said Germany’s overhaul of drug pricing lacked transparency and the new policy creates “uncertainty” for the company’s business planning.
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Indianapolis tech experts talk about the local industryRestricted Content

April 9, 2011
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
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HOLT: New York threatens to ballast Indiana exports

April 2, 2011
David Holt
Regulations aimed at stopping invasive species are too stiff.
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Manufacturer crosses over from auto parts to caskets

April 2, 2011
Kathleen McLaughlin
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
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Drugmaker Lilly launches global service program

March 31, 2011
Associated Press
Eli Lilly and Co. is starting a service program that sends employees around the world to help developing communities and learn about other cultures, as the drugmaker looks to international markets.
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SPECIAL REPORT: Indiana companies charge into China

March 26, 2011
Greg Andrews
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
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Maturing Chinese market gives WellPoint new prospects

March 26, 2011
Greg Andrews
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
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Cummins' early start revs growth in China

March 26, 2011
Greg Andrews
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
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Can China maintain pace of economic growth?

March 26, 2011
Greg Andrews
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
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SOOFI: Islamic finance edging into ever-larger dealsRestricted Content

March 12, 2011
Asset-laden institutions sidestepped financial crisis.
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Interactive Intelligence buys German firm

March 1, 2011
Kathleen McLaughlin
Indianapolis-based Interactive Intelligence Inc. has acquired Agori Communications in an all-cash transaction, announced Tuesday morning.
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Emerging markets give Lilly hope in patent crunch

February 19, 2011
J.K. Wall
In a kind of alternate drug universe, sales of Eli Lilly and Co.’s ghosts of blockbusters past are soaring in China—prompting the drugmaker to pour money into emerging markets in an attempt to prop up revenue.
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IEDC leading jobs mission to India

February 17, 2011
The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.
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  1. RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.

  2. Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?

  3. Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.

  4. We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)

  5. True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.

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