Emerging Market

WASHINGTON -- One fateful question for 2013 is this: What happens to globalization? For decades, growing volumes of cross-border trade and money flows have fueled strong economic growth. But something remarkable is happening; trade and international money...

MENLO PARK — In just eight years, Facebook signed up more than half the world's Internet population. Now it's going after the rest. Facebook wants to reach every single person on the Internet whether they are logging on from a laptop in Santa...

McCormick & Co. Inc. has appointed an Eli Lilly and Co. executive to its board of directors, the Hunt Valley spice and flavoring company said Wednesday. The appointment of Jacques Tapiero, a Lilly senior vice president and president of emerging markets,...

Spice maker McCormick & Co. Inc. said Thursday that its profit grew more than 13 percent in the third quarter, thanks to new products, acquisitions and strength in emerging markets. The Sparks-based maker of spices and flavorings raised its full-year...

McCormick & Co. announced Monday that it had signed an agreement to buy a popular bouillion maker in China. Sparks-based McCormick has agreed to acquire Wuhan Asia-Pacific Condiments Co. Ltd. for approximately $141 million, according to a statement...

Worldwide television shipments fell nearly 8% year over year in the first quarter, marking the steepest rate of decline since the second quarter of 2009. TV shipments totaled 51 million units for the quarter, according to a report from NPD DisplaySearch....

Travel the world or settle down and get an MBA? Those two paths might seem to diverge sharply. But Loyola University Chicago's School of Business Administration is launching a program that combines world exploration with MBA studies and in so doing...

Spice maker McCormick & Co. plans to make more acquisitions, especially in emerging markets in Eastern Europe and Asia, where sales are expected to account for 13 percent of the firm's overall revenue this year, the company's chief executive officer and...

Remember the often staged scene in Western films where the horse and rider lose a race to the newly introduced steam locomotive? This disruptive technology changed the world and helped open up emerging parts of our country, including Northern Michigan. ...

Businesses in China and India, the emerging markets that Gov. Martin O'Malley has been trawling for trade relationships, are beginning to bite. This month, the governor announced the opening of a Chinese bank in Baltimore and conducted a forum for Indian...

Swiss food and nutrition giant Nestle will shell out $11.9 billion to buy Pfizer’s nutrition unit, which owns baby food brands such as SMA and Promil. The division is expected to reel in $2.4 billion in sales this year and gets 85% of its revenue...