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Business International Corporation
From Wikipedia, the free encyclopedia
Business International Corporation (BI) was a publishing and advisory firm dedicated to assisting American companies in operating abroad. In 1986, Business International was acquired by The Economist Group in London, and eventually merged with The Economist Intelligence Unit.
Founded in 1953 by Eldridge Haynes, BI initially focused on American companies and started out with a weekly newsletter (called Business International) and a group of key corporate clients. BI eventually became the premier information source on global business with research, advisory functions, conferences and government roundtables in addition to its publications. It was headquartered in New York City, with major offices in Geneva, London, Vienna, Hong Kong and Tokyo, and a network of correspondents across the globe.
Publications included a family of newsletters (Business International, Business Europe, Business Eastern Europe, Business Latin America, Business Asia, Business China, and Business International Money Report), regularly updated reference products covering 40-50 countries (Financing Foreign Operations; Investment, Licensing and Trading Conditions Abroad), an international business and economic forecasting service, a risk assessment service, and in-depth research reports. It also conducted specialized research assignments for its clients. It was well-known for its Roundtable Conferences that brought senior business executives together with key government figures in capital cities around the globe. Its business forecasting conferences and publications were also widely used.
Its international client base included most major American companies, as well as European, Japanese and Indian companies and corporate groups.
United States Senator Barack Obama's first job after graduating from college was with the company. He held a position as editor in its international financial information division.
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