Exports rise despite recession
Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
International Business
Articles
IU hosts important conference on U.S.-China business cooperation
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
Hoosier architects need to reach out globally
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.
City loses a Japanese pioneer
Rev. Itoko Maeda was a citizen of the world, Japanese by birth, American by choice and also a Hoosier who did a tremendous amount to teach the people of this state Japanese and Japanese culture.
Interconnected economies exacerbate our challenges
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
New IRL ethanol deal with Brazil angers U.S. corn growers
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
Eli Lilly investing $100M in China, hoping to attract research partners
Hoping to increase sales in China’s rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead
with
plans to invest $100 million in venture capital in the region over the next several years.
Accounting firms preparing for new international standards
For corporations with a global presence, the transition to International Financial Reporting Standards should streamline
the world’s financial reporting system.
WellPoint expected to look for growth overseas
WellPoint Inc., the most dominant health insurer in the United States, registers as barely a pipsqueak in the rest of the
world. But it’s only a matter of time, say industry experts, before WellPoint plunges into foreign markets to grow sales of
its health benefits and services.
India deal boosts Bastian
Little more than a decade ago, Bastian Material Handling had annual sales of less than $35 million. Since 2000, its revenue
has doubled, to $80 million, and its business interests don’t just cross the state, they circle the globe.
Weak dollar boosting state manufacturers
The sliding value of the U.S. dollar is boosting financial results for some of Indiana’s big exporters. The dollar recently
hit its lowest point in 15 years against an index of other major currencies, such as the euro, the Chinese yuan and Canadian
dollar.