A conglomerate is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational.
The Financial Times (FT) is a British daily business newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature.
The International Chamber of Commerce is the largest, most representative business organization in the world. Its over 45 million members in over 100 countries have interests spanning every sector of private enterprise.
The British Bankers' Association (BBA) was a trade association for the UK banking and financial services sector. From 1 July 2017, it was merged into UK Finance.
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises.
The Confederation of British Industry(CBI) is a UK business organisation, which in total claims to speak for 190,000 businesses, this is made up of around 1,500 direct members and 188,500 non-members. The non members are represented through the 140 trade associations within the confederation, whose separate and individual memberships the CBI claims to also speak for. Trade Association member companies, are not directly consulted or involved in CBI's policy formulation. The National Farmers' Union with its 55,000 members is the largest component of the 188,500 non-members the CBI claims to speak for. The Country Land and Business association brings another 30,000 non-members, the Association of Independent Professionals and the Self-Employed 20,000 non-members, the Freight Transport Association 13,000, the Federation of Master Builders 9,500, the Road Haulage Association 8,100 and the National Federation of Builders 1,400.
The Commonwealth Business Council (CBC) was an institution of the Commonwealth Family that aimed to use the global network of the Commonwealth of Nations more effectively for the promotion of global trade and investment for shared prosperity. It was formed at the Commonwealth Heads of Government Meeting 1997 (CHOGM) in Edinburgh, United Kingdom, and replaced in July 2014 by the Commonwealth Enterprise and Investment Council (CWEIC).
The Association of the British Pharmaceutical Industry (ABPI) is the trade association for over 120 companies in the UK producing prescription medicines for humans, founded in 1891. It is the British equivalent of America's PhRMA; however, the member companies research, develop, manufacture and supply 80% of the medicines prescribed through the National Health Service.
The Scottish Council for Development and Industry (SCDI), founded in 1931, is a non-governmental, membership organisation which aims to strengthen Scotland's economic competitiveness through influencing government and key stakeholders to create sustainable economic prosperity for Scotland.
UK Trade & Investment (UKTI) was a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. It was replaced in July 2016 by the Department for International Trade.
The Hong Kong General Chamber of Commerce was founded on 29 May 1861, and is the oldest and one of the largest business organizations in Hong Kong. It has around 4,000 corporate members, who combined employ around one-third of Hong Kong's workforce. It is a self-funding, not-for-profit organization that promotes and represents the interests of the Hong Kong business community. A core function of its work is to formulate recommendations on improving the business environment, which its 23 industry-specific committees constantly analyze and make regular submissions to HKSAR Government officials and policy makers.
The China–Britain Business Council (CBBC) is the leading British organisation promoting trade and investment between the UK and China.
Suiting Themselves: How Corporations Drive the Global Agenda is a 2006 book by Professor Sharon Beder. Beder argues that an international corporate elite dictate global politics for their own benefit. She suggests that they created business associations and think tanks in the 1970s to drive public policy, push a free trade agenda, and promote the worldwide privatization and deregulation of public services in the 1980s and 1990s, and have worked since the late 1990s to rewrite the rules of the global economy.
TheCityUK is a private-sector membership body and industry advocacy group promoting the financial and related professional services industry of the United Kingdom (UK). TheCityUK is often referred to as the industry's "most powerful" or "most prominent" lobbyists with close links to the UK Government and to policymakers in Brussels and Washington.
The UK India Business Council (UKIBC) is a membership-based, non-profit organisation founded in 2007 to foster trade and business relations between the United Kingdom and India. The organisation works with businesses in both countries, as well as the UK and Indian governments, to promote and increase bilateral trade. The UK India Business Council supports UK businesses with the insights, networks, policy advocacy, services, and facilities needed to succeed in India.
China became a member of the World Trade Organization (WTO) on 11 December 2001, after the agreement of the Ministerial Conference. The admission of China to the WTO was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy. China's membership in the WTO has been contentious, with substantial economic and political effects on other countries, and controversies over the mismatch between the WTO framework and China's economic model.
The British Hospitality Association (BHA), incorporating The Restaurant Association (RA), was a non-government representative body for hotels, clubs, restaurants, leisure outlets and other hospitality-related organisations nationwide headquartered in London, UK. In 2019 it merged with the Association of Licensed Multiple Retailers (ALMR) to form UKHospitality. The association promotes the interests of the hospitality industry to the Government Ministers, Members of Parliament (MPs), Members of the Scottish Parliament (MSPs), Welsh Assembly Members, MEPs, the EU Commission, the City and the Media. The association operates by membership-based system.
Arab British Chamber of Commerce established 6 February 1975, is an international trade organisation based in London. Although a not-for-profit body, its role is to encourage, promote and facilitate trade, investment and joint ventures since 1975 between participating representatives of Arab states and of the United Kingdom (UK).
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization. Economic globalization refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital. Economic globalization primarily comprises the globalization of production, finance, markets, technology, organizational regimes, institutions, corporations, and people.
Between 1967 and 2016, the Emergency Committee for American Trade (ECAT) was a U.S. trade body representing U.S.-based international business enterprises from the principal sectors of the U.S. economy..
