New car registrations across the EU dipped by 5.9 per cent in May, falling to their lowest level recorded in the month of May since 1993. Intriguingly, the UK was one of the few countries in the region to see a rise in new car registrations. Meanwhile, the UK car...Read More
HP has lashed out. When it paid $11billion for a UK software company that produced a search engine that no one really seemed to understand, some said they didn’t understand what HP was up to.
Back then the PC company was under the leadership of Leo Apotheker. A former boss at...Read More
Posted Nov 23, 2012
When Vladimir Putin isn’t shooting tigers, saving Siberian cranes, catching whales or just looking all round tough, he is being nice about BP.
Let’s face it, during the last few years things have been a tad troubled for BP. Cast your mind back to 2003. In that year the company agreed a...Read More
Posted Oct 24, 2012
Meanwhile, Tesco has problems. It is not doing too well in the UK. Its experiments in the US are not bringing in the big bucks, and the company generally seems to have lost focus. A fund manager at Legal & General Investment Management was recently quoted in the ‘Guardian’ as...Read More
Posted Apr 16, 2012
Google likes to experiment. It has plans for a car that drives itself, and goggles that provide a kind of smart phone you can see with. It has one or two other products too, such as YouTube, Google Plus, Android, and a search engine one or two...Read More
Posted Apr 16, 2012
When Apple overtook Exxon Mobil to become the world’s largest company by market cap, most assumed it would not last. Exxon Mobil has real things, like oil. Besides, as you may have noticed, oil is pretty expensive these days.
In the months that followed, oil continued to go up in price, and...Read More
Posted Mar 26, 2012
Well, most of the economic news is bad, but not for manufacturers. In fact, today’s report from CIPS/Markit is the stuff dreams are made of. If a sad economist who dreams economics at night had a wonderful fantasy, then it would resemble the latest PMI for UK manufacturing.
Posted Mar 01, 2011
Yesterday the WTO (World Trade Organisation) announced that it had ruled in favour of Airbus against Boeing receiving unfair government subsidies for its 787 Dreamliner. Over the past few decades Boeing has received about $5bn (£3.1bn) in indirect subsidies which according to Airbus cost it $45bn in sales. ...Read More
Posted Feb 01, 2011
Time was when dotcoms sold vapourware, and enjoyed enormous valuations based on naive hope. They didn’t make money, they just sold a dream built on foundations of sand. Banks, on the other hand, were the definition of solid. That’s all quite ironic, for these days banks seem to be the...Read More
Posted Jan 24, 2011
Only one word will do: impressive. But what is truly head turning about the latest figures from Intel isn’t that it merely posted its best year ever. No, what stands out is that the company broke its record at a time when its core market was in trouble. In other...Read More
Posted Jan 14, 2011