In the open ranking, IMD, in Lausanne, scores particularly highly in the top 10 criteria based on a survey of executives who attended programmes. It is ranked first in three criteria and in the top five for the remaining seven.
Next year, crude from Libya--which experienced major problems exporting its oil in 2013 because of internal disputes--could flow again. Iraqi output also is set to increase. Even Iran, shut out of global markets for years, could return if an agreement is reached to relax sanctions aimed at curbing its nuclear development. All this could add as much as two million to three million barrels a day of Middle East output.
But because I can’t help but hope that with the end of “Mad Men” comes the end of a period in fashion that has seen designers become trapped in the past to an almost stifling degree. At least the past as it looked in the 1960s (which in the beginning, let us not forget, looked a lot like the late 1950s) and early ’70s.
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As part of its 2014 capital plan, the San Francisco, Calif.-based bank said it would increase its buybacks by 350 million shares, or a total of almost $17 billion. It also boosted its dividend rate by about 17% to $0.35 a share.
It is the first time that EMBA-Global, the joint programme delivered by London Business School and Columbia Business School, has dropped out of the top five.