Currency markets around the world are experiencing extreme fluctuations as governments try to stabilize their own economies. The Japanese economy is a prime example of this. The Japanese government denies that it is trying to keep the yen low compared to other currencies, but in reality, the Bank of Japan is in a massive easing program to boost economic growth.

DUBLIN -- Eastern Europe accounted for electronics production worth €55 billion ($63 billion) in 2013, according to new research.

How bad is the labor problem in China? We have been aware, of course, of the steady hikes in wages, which have annually risen by at least double-digits for over a decade.

Reengineering—sometimes called business process reengineering, or BPR—originated in a 1990 article in the Harvard Business Review by former MIT professor Michael Hammer, who followed up in 1993 with the seminal book Reengineering the Corporation.

The core of reengineering is a change in organizational structure, in which people who were formerly organized by function (“functional silos”) are instead organized by process or product.