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Aerospace
Sarkozy and Brown hit at US on air tender
12 Mar 2010 at 12:39pm
The French president and British prime minister have attacked the US for alleged protectionism in its handling of a $50bn military tender that looks likely to be awarded to Boeing
Russia in dogfight for India contract
11 Mar 2010 at 4:28pm
For the past six decades Moscow has supplied the bulk of New Delhi’s military hardware, from submarines to Sukoi jets, but Russia faces stiff competition
US suspended BAE Systems’ licences
10 Mar 2010 at 7:08pm
Washington is likely to allow the US subsidiary of the UK defence company to obtain export licences as before, following the group’s $400m plea agreement over bribery allegations
Autos
F1 gears up for new season
12 Mar 2010 at 5:42am
The return of seven-times champion Michael Schumacher has raised fans’ hopes for a vintage campaign, but worries persist over the sport’s fragile financial structure
Union at Toyota aired fears on safety
11 Mar 2010 at 4:04pm
Japanese carmaker hands over to US lawmakers a 2006 letter written by Japanese employees warning that aggressive cost cuts had undermined the quality of its vehicles
Bosch locks out staff amid India unrest
11 Mar 2010 at 3:57pm
The German car parts supplier shuts out 700 workers at its plant outside Bangalore as tensions soar in a long-running pay dispute
Basic Industries
CF Industries buys Terra for $4.7bn
12 Mar 2010 at 1:21pm
The first battle of the ‘fertilizer wars’ closed after US-based CF Industries closed a deal to buy US rival Terra for $4.7bn in cash and shares
Union at Toyota aired fears on safety
11 Mar 2010 at 4:04pm
Japanese carmaker hands over to US lawmakers a 2006 letter written by Japanese employees warning that aggressive cost cuts had undermined the quality of its vehicles
Bosch locks out staff amid India unrest
11 Mar 2010 at 3:57pm
The German car parts supplier shuts out 700 workers at its plant outside Bangalore as tensions soar in a long-running pay dispute
Consumer Industries
Politics puts fast spin on Indian cricket
12 Mar 2010 at 1:05pm
Observers of cricket in India say that the machinations of the country’s ministers and powerbrokers are increasingly being drawn to the game. For companies participating in the IPL, this means political risk
Behind the scenes at Asos: slideshow
12 Mar 2010 at 12:53pm
The FT goes to Asos headquarters in a former tobacco factory in Mornington Crescent
Xbox regains lead in console battle
12 Mar 2010 at 12:01pm
Microsoft’s Xbox 360 console outsold Nintendo’s Wii in the US last month for the first time in more than two years
Drugs & Healthcare
AstraZeneca ties up with Indian drugmaker
11 Mar 2010 at 4:56pm
The alliance with Torrent Pharmaceuticals is the first step in the Anglo-Swedish pharmaceutical group’s plans to rapidly expand sales of generic drugs
Patients’ groups distrust ‘big pharma’
11 Mar 2010 at 8:10pm
Detailed rankings compiled from patient groups showed many continental European groups rated highly, while US and UK businesses were less well judged
DFID cash boost for vaccines fund
11 Mar 2010 at 7:00pm
The Department for International Development (DFID) has given £150m over the next decade to support the Global Alliance on Vaccines and Immunisations, a United…
Energy, Utilities & Mining
PetroVietnam Gas inks $1bn pipeline
12 Mar 2010 at 10:34am
PetroVietnam Gas has signed a $1bn business co-operation contract to build and operate a pipeline running from the gas fields off Vietnam’s southern coast to the Mekong Delta
Vattenfall sells off German power grid
12 Mar 2010 at 3:51am
Swedish power group has agreed to sell its German grid to Elia of Belgium and an Australian infrastructure investment fund for ?810m
Devon deal is key to BP growth targets
11 Mar 2010 at 2:16pm
For BP’s chief executive, the $7bn deal for a set of assets from Devon Energy of the US, including licences in waters off the coast of Brazil, is a satisfying move. It also looks like a vindication of BP’s much criticised business model
Financial Services
Brown and Sarkozy ‘united’ on bank levy
12 Mar 2010 at 12:45pm
The UK’s prime minister says France and Britain are united on the need for a global bank levy, after warm talks in Downing Street with the French president
Lehman file rocks Wall Street
12 Mar 2010 at 12:29pm
The fallout from the report into the collapse of Lehman Brothers shook Wall Street and London as US officials grilled banks about off balance-sheet trades and questions were raised over the City’s role in the company’s attempts to cover up its problems
KKR files plans for $2.2bn float
12 Mar 2010 at 12:27pm
Listing allows firm, founded by cousins Henry Kravis and George Roberts, to match their great rival Blackstone, which completed its IPO at the top of the market in 2007
IT
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Media & Internet
Sales growth starts to return in Europe
11 Mar 2010 at 1:45pm
European companies have started to see an increase in sales in the last quarter, providing a tentative boost to corporate confidence
Advertising migration hurts Johnston Press
11 Mar 2010 at 7:55pm
The second-largest regional newspaper publisher in the UK saw revenue fall almost a fifth in 2009, hit by the slump in advertising and the migration of car and job classifieds online
Google faces potential AdMob antitrust test
11 Mar 2010 at 1:31pm
Google’s $750m acquisition of mobile advertising company AdMob faces a potential challenge by regulators concerned about the search company’s expanding reach
Property
Liberty in early takeover talks
12 Mar 2010 at 11:29am
Upmarket UK retailer confirms it has been approached by possible bidders but declines to give update on possible sale and leaseback of its Regent Street store
Partners launch low carbon property initiative
11 Mar 2010 at 3:35pm
Carbon trust joins fund manager and developer to offer £350m low carbon commercial real estate scheme
Regus uses insolvency tools to cut rents
10 Mar 2010 at 4:35pm
The serviced offices group has demanded rental cuts and concessions from landlords under a plan that could see parts of its business being put into administration
Retailing & Leisure
Airlines recovering more quickly, says Iata
11 Mar 2010 at 7:09pm
The leading industry trade body notes a surge in passenger numbers on a reduced number of aircraft and now expects airlines’ loss in 2009 to be half of its previous forecast
Cineworld bolstered by 3D
11 Mar 2010 at 3:42pm
UK cinema chain’s investment in 3D helps increase its market share despite drop in screen advertising revenue
Wetherspoon to join fight for breakfast trade
11 Mar 2010 at 12:24pm
UK pubs operator, which agreed a £530m refinancing and reinstated its dividend, is planning an assault on the fast-expanding breakfast and coffee market by extending its morning opening hours
Telecoms
Mexico’s Slim heads Forbes rich list
10 Mar 2010 at 4:01pm
Carlos Slim, the Mexican telecommunications billionaire with a net worth of $53.5bn, has been crowned the world’s richest person by Forbes magazine ? the first time in 16 years the post has been held by a non-American.
Beijing faces ‘triple play’ rivalries
10 Mar 2010 at 1:11pm
China’s three big telecom operators prepare for competition from companies outside the industry as convergence between telecoms, broadcasting and the internet looms
China Mobile seals stake in Pudong
10 Mar 2010 at 9:40am
China Mobilehas agreed to pay Rmb39.8bn for a 20 per cent stake in Pudong Development Bank, closing a deal that unsettled investors when news of it started leaking two weeks ago
Transport
BA cabin crew reveal strike dates
12 Mar 2010 at 1:08pm
British Airways faces its first strike in more than a decade after representatives of its 12,000 cabin crew announced a series of walkouts later this month
BA ground staff threaten to strike
12 Mar 2010 at 8:51am
British Airways, already threatened with strikes by cabin crew in a long-running row over cost-cutting, is facing a second potential dispute with ground staff over changes to working practices
Airlines recovering more quickly, says Iata
11 Mar 2010 at 7:09pm
The leading industry trade body notes a surge in passenger numbers on a reduced number of aircraft and now expects airlines’ loss in 2009 to be half of its previous forecast
Source: Financial Times
November 27 2007 08:13 am
