INTERNATIONAL BUSINESS

International Business

International Business

International Business

The United States is head and shoulders above the rest of the world in terms of competitiveness, but European countries risk ceding second place to Asian regions, a study showed. US regions took all bar one of the 30 top spots in a ranking of world competitiveness by British-based consultancy Robert Huggins Associates, with San Francisco in pole position and Stockholm the lone European interloper.

The report, which said Asia Pacific regions should start catching up, will stoke fresh concern that the European Union is set to miss its self-set goal of becoming the world's most ...