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		<title>CNBC Business Magazine | Financial &amp; Business News</title>
		<link>http://www.cnbcmagazine.com</link>
		<description>Updates on what's going on at http://www.cnbcmagazine.com</description>
		<category>Financial &amp; Business News</category>
		<pubDate>Thu, 11 Mar 2010 22:21:15 +0000</pubDate>
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				<title>ELECTRIC DREAMS</title>
				<link>http://www.cnbcmagazine.com/story/electric-dreams/1104/1/</link>
				<guid>http://www.cnbcmagazine.com/story/electric-dreams/1104/1/</guid>
				<description><![CDATA[The old target was to be number three in the world, but that is not exactly motivational. It is much better to say ‘let’s be number one’.” If anything holds back Dominic Chambers, the European marketing chief at LG Group, it won’t be a lack of ambition. Evidently,  this confidence is coursing right through the Korean electronic giant. In January, LG unveiled plans to invest 15 trillion won (€9bn) this year – 11.3 trillion won in facilities and 3.7 trillion won in R&amp;D – a 28% increase on 2009. Tellingly, more than half of the facility spend involves fresh LCD lines and advanced goods such as solar batteries ...]]></description>
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				<pubDate>Tue, 02 Mar 2010 05:00:00 +0000</pubDate>
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				<title>CROUCHING TELCOS, HIDDEN DYNAMISM</title>
				<link>http://www.cnbcmagazine.com/story/crouching-telcos-hidden-dynamism/1115/1/</link>
				<guid>http://www.cnbcmagazine.com/story/crouching-telcos-hidden-dynamism/1115/1/</guid>
				<description><![CDATA[While 2009 was tough for the telco industry, economic  growth in India, China, Latin America and the Gulf States produced an explosion of regional players rocking the telecoms landscape and bringing wireless communications to growing numbers of consumers. Indeed, 11 of the 20 top performing companies last year – and four of the top seven – came from developing markets.  China Mobile has a larger market capitalisation than Microsoft, while Taiwan’s HTC Touch  Diamond handset generates as much excitement in its core Asian markets as Apple’s iPhone  does in the West. Having dodged the recent recession better than their  peers in the developed markets, ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>THE UPPER HOUSE</title>
				<link>http://www.cnbcmagazine.com/story/the-upper-house/1114/1/</link>
				<guid>http://www.cnbcmagazine.com/story/the-upper-house/1114/1/</guid>
				<description><![CDATA[Location Perched on top of a  49-storey tower in Pacifi c Place, within easy walking distance of both the green spaces of Mid-levels and Central’s fi nancial skyscrapers. Below, a huge mall connects to Admiralty MTR station, while a regular shuttle bus serves the Airport Express.  Style Swire Hotels’  second property has a warmer and more traditional feel than the light, white chic of The Opposite House in Beijing but shows the same meticulous attention to detail and total disregard of expense. Local design wunderkind Andre Fu has made lavish use of oak, bamboo, sandstone and silk to create soothing, spa-like interiors, with soft furnishings in ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>Downtime in… SHANGHAI</title>
				<link>http://www.cnbcmagazine.com/story/downtime-ina-shanghai/1113/1/</link>
				<guid>http://www.cnbcmagazine.com/story/downtime-ina-shanghai/1113/1/</guid>
				<description><![CDATA[Best way to arrive International flights  arrive at Pudong International Airport to the east of the city. A taxi  ride to any of the downtown hotels should cost 150–200 yuan (€15–€20). Alternatively, take the Maglev Train (50  yuan (€5) one way/80 yuan (€8) round trip within seven days) and enjoy  speeds of up to 430km/h as the magnetic train completes 30.5km to Longyang Metro  Station in just over seven minutes. From there, grab a taxi or take the  metro. Recharge: In the past decade,  nearly all of the international brands have opened hotels in Shanghai. For superlatives, try the Park  Hyatt ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>THE CROSBY STREET HOTEL</title>
				<link>http://www.cnbcmagazine.com/story/the-crosby-street-hotel/1112/1/</link>
				<guid>http://www.cnbcmagazine.com/story/the-crosby-street-hotel/1112/1/</guid>
				<description><![CDATA[Location That perfect  quarter of SoHo, between Prince and Spring streets, nuzzling boutique-and-bar strewn Lafayette Street and the Nolita area. Although you can practically smell the baguettes from hip Balthazar Bakery, Crosby’s quiet cobbles are a haven from the sunglasses and diffusion-line emporia west of Broadway.  Style In its fi rst  stateside venture, Firmdale Hotels, whose boutiques have enhanced London’s hotel scene, has excelled in transforming a former eight-storey car park into a light, bright, informal hotel with panache and fl air. Airy lobbies with quirky original artwork and deep-armchaired comfort set the tone – part English-eccentric lite, part  post-minimalist cool. The Crosby Bar, which ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>NEW CHAPTER, SAME OLD STORY</title>
				<link>http://www.cnbcmagazine.com/story/new-chapter-same-old-story/1111/1/</link>
				<guid>http://www.cnbcmagazine.com/story/new-chapter-same-old-story/1111/1/</guid>
				<description><![CDATA[When  computers were first proliferating in the mid 1980s, the phrase ‘paperless office’ began to be heard. A quarter century later and there’s still been no great progress towards making paper a thing of the past. The latest attempt is the e-reader, and from the media propagandising, you would think that the printing presses had already admitted defeat. Well,  e-readers may have evolved, from the Sony Data Discman, a notable 1991 flop, through to the latest Sonys, the Amazon Kindle and Barnes and Noble’s Nook, but the technology is still crude and the experience of reading on an e-reader is simply not as appealing as opening a ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>NO TIME LIKE THE PAST</title>
				<link>http://www.cnbcmagazine.com/story/no-time-like-the-past/1110/1/</link>
				<guid>http://www.cnbcmagazine.com/story/no-time-like-the-past/1110/1/</guid>
				<description><![CDATA[Just last  year, watch brand Hublot launched its Black Caviar, a white gold piece smothered in 550 diamonds, totalling 34.5 carats. It won the 2009 Grand Prix d’Horlogerie de Genève for Jewellery Watch of the Year. Twelve months later, everything about it – with the exception of the craft that went into it – feels dated. Times  change, and so it seems do watch trends. Indiscreet is out; understated is in. “The key trend in prestige pieces is now running towards classical looks,” says Dieter Pachner, vice president for sales at the German brand Glashütte Original. “There’s a renewed demand for understatement in men’s and women’s watches ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>A CAB REALLY WORTH HAILING</title>
				<link>http://www.cnbcmagazine.com/story/a-cab-really-worth-hailing/1109/1/</link>
				<guid>http://www.cnbcmagazine.com/story/a-cab-really-worth-hailing/1109/1/</guid>
				<description><![CDATA[Those  lucky few with a hefty bonus still burning a hole in their pocket and those suffering from frugality fatigue will be thrilled that the Maserati GranCabrio – arguably the choicest cabriolet of 2010 – finally hits European roads this month. Defiantly  eschewing the German way – which is to first make a really fast car, then slice off the roof – Maserati started with a blank sheet of paper and came up with an opulent, mouthwatering convertible. The point is not to be the fastest but the sexiest, and with the first four-seater convertible in its history Maserati wins hands down. No one  thought that ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>NETHERLANDSCAPE</title>
				<link>http://www.cnbcmagazine.com/story/netherlandscape/1108/1/</link>
				<guid>http://www.cnbcmagazine.com/story/netherlandscape/1108/1/</guid>
				<description><![CDATA[THE ARMORY SHOW| NEW YORK New York resumes  its role as backdrop for one of the world’s leading fine art fairs from 4–7 March. In its 12th year, The Armory Show attracts artists, galleries, collectors, critics and curators from all over the world, showcasing artwork from the 20th and 21st centuries. With a  mission “to offer collectors the best art from 1900 to today” the event’s organiser Paul Morris has set his sights high. The fair will feature 227 galleries from 31 countries and will introduce a new section, ArmoryFocus, which will spotlight a new art community each year. ArmoryFocus kicks off with Berlin and will include ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>WORKING SMARTER</title>
				<link>http://www.cnbcmagazine.com/story/working-smarter/1107/1/</link>
				<guid>http://www.cnbcmagazine.com/story/working-smarter/1107/1/</guid>
				<description><![CDATA[KEEP  YOUR BUSINESS RUNNING SMOOTHLY Training  for the Chicago Marathon in 2007, Jason Jacobs became frustrated that he could not use just one device to track where he was running, at what speed, and for how long. The distance runner knew that he could use a dedicated GPS device, a calorie tracker, and other software to track his run, but wanted to perform these actions on one piece of equipment. His timing could not have been better. The iPhone, which supports complex software routines and has a built-in GPS, was just about to ship. “During  that training, I was frustrated with existing tech to track and ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>SAFE HARBOURS?</title>
				<link>http://www.cnbcmagazine.com/story/safe-harbours/1106/1/</link>
				<guid>http://www.cnbcmagazine.com/story/safe-harbours/1106/1/</guid>
				<description><![CDATA[As a  drumbeat for worldwide trade prospects there is nothing quite so heartening as the noise of power shovels and dredges now working round-the-clock along the 80km Panama Canal that joins the Pacific and Atlantic Oceans. That non-stop cacophony amounts to a €3.6bn bet on continued growth in international maritime transportation. And it’s all music to the ears of a vast shipping infrastructure that has been completely at sea these past 12 months. While other  construction projects have stalled as the global economy has faltered, Panama’s Canal Authority has persisted in deepening its existing channel and blasting access to a new set of larger locks. When completed ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>BEARING FRUIT?</title>
				<link>http://www.cnbcmagazine.com/story/bearing-fruit/1105/1/</link>
				<guid>http://www.cnbcmagazine.com/story/bearing-fruit/1105/1/</guid>
				<description><![CDATA[When  UK smoothie brand Innocent opened its doors to The Coca-Cola Co. 12 months ago, there were a few raised eyebrows among industry watchers, and among the consumers who were evangelical about the brand. Multinationals had gobbled up other wholesome companies before – PepsiCo bought the UK’s PJ’s Smoothies in 2005, before scrapping the brand to focus on its international Tropicana smoothie range – but to the cynical, there was a sniff of Body Shop sell-out about the Innocent deal. With its halo logo, crayoned packaging and irreverent attitude, Innocent’s branding suggests everything the world’s largest soft drinks company is not. Innocent promises to be healthy, sustainable and ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>TOOLS OF ATTRACTION</title>
				<link>http://www.cnbcmagazine.com/story/tools-of-attraction/1103/1/</link>
				<guid>http://www.cnbcmagazine.com/story/tools-of-attraction/1103/1/</guid>
				<description><![CDATA[1 Small business group scheduling goes online The web has legions of individual users but 2010 will see sites become more group-friendly – a boon for small businesses. Schedulicity.com lets them connect online with customers who can then book their services, while Timebridge.com helps co-workers schedule meetings. 2 Tools for hiring the best job candidate In a downturn, finding a job candidate is easy; however, finding the right candidate is often a Herculean task. Sites such as Clearfit.com help businesses find candidates based on a larger set of criteria, including personality and targeted experience. (Say, a welder who has worked in foreign countries and gets along with management.) The ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>CORPORATE MAKEOVER</title>
				<link>http://www.cnbcmagazine.com/story/corporate-makeover/1102/1/</link>
				<guid>http://www.cnbcmagazine.com/story/corporate-makeover/1102/1/</guid>
				<description><![CDATA[The mental  image that’s immediately conjured up by the mention of a country’s name has enormous implications, and not just for its tourist trade or its foreign direct investment figures. A nation’s brand – what it stands for – is an enormously powerful thing, as many countries are realising. It can boost or hold back the businesses that call it home, and affect the way its nationals are treated as tourists or potential employees. Nation  branding, therefore, has become big business, with the cost of promoting countries, regions and cities topping around $1tn a year – most of it taxpayers’ money. Tourism and investment boards are increasingly ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>THIS YEAR’S MODEL</title>
				<link>http://www.cnbcmagazine.com/story/this-yearas-model/1101/1/</link>
				<guid>http://www.cnbcmagazine.com/story/this-yearas-model/1101/1/</guid>
				<description><![CDATA[In an  industry that has thrived for the last decade on everything that Cabourn’s collection is not – fast, disposable, catwalk-inspired fashion of the kind espoused internationally by European brands such as Zara, Mango and H&amp;M – his would seem a recipe for trouble. But, while the European menswear market has shown sluggish growth of just 2% since 2003, to around €68bn a year before the recession hit (Europe accounts for 41% of the global menswear market by value), his business is thriving. Relaunched in 2003 – and with the first collection taking two years to sell in – the brand has just nudged €1.1m a year turnover, ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>Honey, where are my glasses?</title>
				<link>http://www.cnbcmagazine.com/story/honey-where-are-my-glasses/1100/1/</link>
				<guid>http://www.cnbcmagazine.com/story/honey-where-are-my-glasses/1100/1/</guid>
				<description><![CDATA[For the last few months, the buzz has been growing  louder about how 3D technology will revolutionise televisions and computer screens in 2010. And, naturally, while executives in both industries are happy to gush about Avatar,  they have been less chatty about a far more obvious driver of in-home 3D technology: porn. Yet things started to shift into focus in January when, rather deliciously, the high-profile Computer Electronics Show was held in Las Vegas at the same time as the annual AVN Adult Entertainment Expo. There has been a flurry of activity surrounding 3D home entertainment, despite the relative lack of content, the higher cost of 3D ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>Duisburg, Germany</title>
				<link>http://www.cnbcmagazine.com/story/duisburg-germany/1099/1/</link>
				<guid>http://www.cnbcmagazine.com/story/duisburg-germany/1099/1/</guid>
				<description><![CDATA[Locals call it the Hammer, and when the €40m Herzog &amp; de Meuron-designed extension to Duisburg’s Küppersmühle art gallery is complete in 2011 the west German city will have an architectural icon to rank with London’s Tate Modern or Munich’s Allianz Arena, both dreamed up by the same architects. The audacious design places a translucent box atop preserved grain silos alongside the existing museum, itself a Herzog &amp; de Meuron conversion of a dockside mill. Clearly visible from the A40 autobahn that skirts the city to the north, the Hammer will act as a powerful magnet to the curious, inviting visitors to turn off and check out this industrial ...]]></description>
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				<pubDate>Mon, 01 Mar 2010 05:00:00 +0000</pubDate>
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				<title>THE NEW YORK PALACE</title>
				<link>http://www.cnbcmagazine.com/story/the-new-york-palace/1098/1/</link>
				<guid>http://www.cnbcmagazine.com/story/the-new-york-palace/1098/1/</guid>
				<description><![CDATA[LOCATION On Madison Avenue, minutes from Times Square and Grand Central Station. This is as central as it gets for Manhattan. AMBIENCE Comfortably plush rather than intimidatingly so, this is the sort of slightly faded grand New York hotel where floral displays and hair are high but Fifth Avenue heels in the lobby are heavily outnumbered by sneakers. GUESTROOMS The larger suites are entire Cole Porter numbers in themselves but the Tower Rooms are particularly spacious, with art deco furnishing and Midtown views. Beds are exceptionally comfortable. Bathrooms are outsized and black-and-white marble; bath towels could dry the Statue of Liberty; Acqua di Parma toiletries are as eye-catching and ...]]></description>
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				<pubDate>Fri, 01 Jan 2010 05:00:00 +0000</pubDate>
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				<title>THE FAIRMONT </title>
				<link>http://www.cnbcmagazine.com/story/the-fairmont/1097/1/</link>
				<guid>http://www.cnbcmagazine.com/story/the-fairmont/1097/1/</guid>
				<description><![CDATA[LOCATION Centrally located in the quiet, exclusive Nob Hill part of the city, close to both the financial and tourist centres. The Fairmont is on a junction of tram lines — though these are expensive — and, while its hilltop spot affords fantastic views, it is a slog to walk back to. Expect to take taxis. &#160; AMBIENCE Its sweeping, marble-clad foyer, with its lush upholstery and ornate trimmings, gives the impression that this is a hotel of some grandeur. Beyond the foyer, however, and the décor is more taupe pedestrian, if never quite corporate. The Fairmont is full of surprises: don’t miss the recently refurbished Tonga Room, with ...]]></description>
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				<pubDate>Fri, 01 Jan 2010 05:00:00 +0000</pubDate>
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				<title>FASHION FORWARD</title>
				<link>http://www.cnbcmagazine.com/story/fashion-forward/1096/1/</link>
				<guid>http://www.cnbcmagazine.com/story/fashion-forward/1096/1/</guid>
				<description><![CDATA[With more than 1,500 stores worldwide at the start of 2009, it would be hard to visit any major European city and not stumble upon an outlet of Zara. This is the Spanish retailer that has introduced 73 countries to the idea of democratic design, where short runs of merchandise ensure that whenever you venture through the doors, something new will likely be on off er. Zara is one of the originators of ‘masstige’, the phenomenon where styled and designed clothing becomes more generally available to a wider audience. However, Zara is only one part, albeit the largest, of a larger retail empire: Inditex. Headquartered in A Coruña in ...]]></description>
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				<pubDate>Fri, 01 Jan 2010 05:00:00 +0000</pubDate>
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