Meanwhile, WeChat offers perhaps the greatest potential yet for Tencent to gain overseas users. Forrester analyst Bryan Wang said he has seen colleagues and friends in Singapore and India begin to appear on his WeChat contact list.
The malaise was not confined to those picking individual stock winners. Through December 1, aggregate hedge fund returns trailed the market to the point of farce. According to data compiled by Bloomberg, hedge funds were up an average of 2% on the year, just barely offering the coupon rate of a risk-free 10-year Treasury note. Over 1,000 funds are on track to close down in 2014, the worst year for liquidations since 2009.
Every four years, Allianz holds an international Olympics for its sports teams. The company covers the athletes' expenses and has an opening ceremony; in 2010, the games were held in Budapest with over 70 countries participating.
Last year saw a series of disastrous floods hit countries worldwide, including the UK, which in December experienced its wettest month since records began in 1910.
This is the 16th edition of the FT global executive MBA ranking.
He said his talks with U.S. Secretary of State John Kerry earlier this week indicated that the U.S. is ready to move toward "settling issues that can only be settled through joint efforts."
But some people might just remember the mustaches.
James Bond Themes 4. "Thunderball" by Tom Jones
201110/156989.shtmlThe Victoria's Secret Fashion Show just taped, and this year's was one of the most elaborate ever.