Economist names new NY bureau chief, US biz editor

Patrick Foulis has been named New York bureau chief and U.S. business editor for The Economist, a spokeswoman confirmed to Talking Biz News on Wednesday.

Foulis joined The Economist in 2008. Before moving to New York he set up a new editorial bureau for The Economist in Mumbai, where he was based for four years as India business editor. Prior to that he was banking editor and finance correspondent.

Patrick has written extensively on the global financial crisis, the Eurozone, business and finance in Asia and international corporations. He is the author of The Economist’s special reports on business in Asia, business in India and banking in emerging markets. He and four colleagues won a Gerald Loeb Award in 2012 for the Economist’s coverage of the eurozone crisis.

He replaces Matthew Bishop who is now globalization editor in the New York bureau. Prior to his role as U.S. business editor and New York bureau chief, Bishop was the London-based business editor.

Bishop is the author of several of The Economist’s special report supplements, including most recently The Great Mismatch, about the future of jobs; A Bigger World, which examines the opportunities and challenges of the rise of emerging economies and firms; The Business of Giving, which looks at the industrial revolution taking place in philanthropy; Kings of Capitalism, which anticipated and analyzed the boom in private equity; and Capitalism and its Troubles, an examination of the impact of problems such as the collapse of Enron.