Foundations and the real estate market

Posted under Economy and Finance by admin on giovedì 31 ottobre 2013 at 11:33

Pirelli Foundation has the main goal to spread the knowledge between individuals. The Pirelli Foundation has been officially established more than 4 years ago to fulfil the wishes of Pirelli & C. SpA, Pirelli RE and the Pirelli family itself.

The foundation, which is presided by Marco Tronchetti Provera, hosts a nice catalogue of what have been done and what have been constitued in the history of this company. The company itself, which is in the industrial sector both in Italy and worldwide from more than 140 years, has given great contributes to italian development both from an economic and a social point of view.

Pirelli collaborates with 14 universities all around the world with the goal to promote humanistic and scientific research. Among other partnership, the one with Princeton University in the humanistic field allow the italian company to bring Italian culture abroad and give it the opportunity to increase is visibility outside of Italy.

Since 2002 in real estate market Pirelli has a dedicated brand: Pirelli RE, today known as Prelios. August 2013 has been a great month for the company thanks to a successfully process of financial strengthening with recapitalization for an amount of €185,000,000. Through independent operating companies, Prelios offer a platform of real estate and financial services.

Prelios is active in the real estate fund management through its subsidiary Prelios SGR, in project and facility management through Prelios Integra, in real estate valuations through Prelios Valuations, in real estate intermediation through Prelios Agency and in the managing of non-performing credits through Prelios Credit Servicing. Other than in Italy, the Group is active also in Germany where it is highly specialized in residential and commercial sectors.


Top 10 ten managers worldwide

Posted under Economy and Finance by admin on lunedì 8 aprile 2013 at 14:11

The corporate world machine is oiled by the witty intellect and expertise of top managers whose influence shape the destiny of the business world. Most of the leaders are cleverly innovative, apply exceptional customer focus, and express the absolute will to serve the underprivileged. Here is a list of top 10 managers worldwide without following any particular order.
Jeff Bezos of Amazon is recognized for exceptional and pioneering work on internet commerce. He has been instrumental in defining many aspects of internet business and is still popular for the concept of predictive analytics (product recommendation to customers depending on their buying habits and search history). The idea has revolutionized internet commerce, generating more profit and enhancing efficiency, and will still make online shopping a wonderful experience for consumers worldwide for years to come.
Sheryl Sandberg of Facebook is a female CEO worth emulation. Listed in the Time’s 2012 list of top 100 most influential people worldwide, she is also recognized for her excellence in sales at Google and the USA Treasury where she engineered debt cancellation for developing countries. She is responsible for the high profitability of Facebook, where she handles sales, business development, communications, public policy, marketing and human resources. Forbes ranked her number 5 in 2011 among the world’s top 100 most powerful women.

Marco Tronchetti Provera joined Pirelli Group far back in 1986 and was soon to take over the group’s operational controls in 1992. He moved on to become the group’s CEO and to chair a number of corporate organizations such as La-Scala Opera House (2001-2005), and Telcom Italia (2001-2006) among others.
Anne Mulcahy of Xerox is recognized for turning around her company during the worst of financial crises. Anne has been regarded as a non-inspiring CEO in many quarters because of her ability to make tough choices. After being elected to Xerox’s board in 2001, she went on to reduce the workforce by 30% and then managing to eliminate the entire desktop section of Xerox. Her courage in adversity won her recognitions: the CEO of the year by Chief Executive Magazine in 2008, a top leader in America by USA News and World Report, and one of the top influential women worldwide by Forbes in 2005 and 2009.
Eric Emerson Schmidt of Google is ranked by Forbes as 138th richest person globally. The astute software engineer co-authored the Unix computer’s lex analysis software, served as CEO of Novell (1997-2001), served in Apple Inc. as board member (2006), and was CEO of Google (2001-2011). At Google, he made notable strides in sales organization, development of Google’s corporate structure, product development and high quality services. His Innovation Endeavors (founded in 2010) coaches, funds, and links innovative and high impact ventures worldwide. He is a member of President Obama’s Council of Advisors on matters Science and Technology.
Brad Smith of Intuit leads one of the most flourishing financial software firms responsible for QuickBooks. Even though Intuit has gone to $4B worth of revenue and a market cap of about $16.5B, Brad still prefers to operate the organization as an accumulation of startups. Over 8,000 employees are taught to learn failure and success through risk taking.
Howard Schultz of Starbucks is recognized as a complete example of hard work, courage and ability. Even the glow of his open success does not stop him from investing further in other business ventures like eBay.
Larry Page of Google is a businessman recognized for resilience and perseverance. He has steered his company through loud criticisms and ample praises, without ever letting the opinions of other people make him lose sight of what he considers right and best.
Tim Cook of Apple has not been lost after his closest advisor and innovator Steve jobs passed on. He has come up with new trends and is moving courageously ahead. The newest Apple inventory management methods put in place by Cook are commendable.
Warren Buffet of Berkshire Hathaway is recognized for exquisite conservativeness in business and foresight for corporate stability. He usually remains undisturbed even when others make extreme gains and losses.
Other top CEOs include Indra Nooyi of PepsiCo, Rupert Murdoch of News Corporation, and Sir Richard Branson of Virgin Group. Together, these individuals remain shining stars and exemplars of managerial strength.


Forex: an Alternative Investment

Posted under Economy and Finance by admin on mercoledì 27 luglio 2011 at 07:36

The forex or foreign exchange represents the simultaneous exchange of the base currency with the counter currency. The forex market is the fast and the highly competitive financial exchange market of the world that normally operates twenty four hours a day in 5 days of a week. The market is extremely liquid and most of the trading is done via electronic trading networks or telephones.

The market provides a platform where foreign currencies are exchanged and valued with respect to one another and you can download online one of the thousands mobile applications related to forex exchange for your smartphone or mobile device on freapp.com .

Currencies are always exchanged in pairs where one of the currencies is traded for another. The trade basically revolves around 7 major forex currency pairs. The major forex currency pairs of the market are EUR/USD, GBP/USD, USD/JPY, EUR/JPY, USA/CAD, AUD/USD, CHF/USD.

 

Forex traders earn profit by speculating whether the specific foreign currency pair will increase in value in relation to another or not. A trader would suppose to purchase the currency which is on the move, or will sell the forex currency which is looking to loose its value in relation to another foreign currency. Some important and basic terminologies of the forex exchange market are as follows:

  • Spot Market

The spot market is the market where currencies are traded at the existent market rate.

  • Currency Pairs

In forex exchange market, there are basically two currencies, Base and the Counter currency, that form an exchange rate when one of them is bought or sold. The first currency in the currency pair is the Base forex currency and the second currency is known as term or counter currency.

  • Forex ECN Brokers

A forex Ecn Broker provides a platform or a marketplace to multiple market makers, traders, banks and individual investors so that they can execute their trades in a secure and anonymous environment. Your trades will be conducted on behalf of your ECN forex broker, thereby supplying you with complete security and anonymity.

  • Bid Price / Sell Quote

The bid price or sell quote is the price at which you will trade the base currency. For instance, if the USD/EUR quotes 1.3211, it means that you can sell 1 USD at the sell quote or bid price of EUR $1.3211.

  • Offer Price/ Buy Quote

The buy quote or offer price is the real price at which you will actually purchase the base currency. The offer price is also known as market maker’s ask price.

  • Spread

Spread is the difference between the bid or the offer price. For instance, if USD/EUR quotes read as 1.3522/03 then the net difference between the bid and the ask price is 3 pips.

  • PIP

It is in fact the smallest increase in the value of a currency and it is also referred as points.

  • PIP Value

The value of the PIP highly depends upon the currency pair. The pip value can either be static or variable.

  • Margin

The deposit or the minimum credit that a trader needs to maintain or open a position in live forex trading is known as margin. There are generally two types of margin, the “free” or the “used”. Used margin is actually an amount or credit which is used to maintain a trading position of the trader whereas; the free margin is the credit or the amount which is available to open new trading position.