London ranks as the most popular destination for Chinese companies expanding into Europe according to the Ernst & Young European Investment Monitor. The news comes from Think London, the foreign direct investment agency for London.
At its scheduled Board meeting, and as part of its annual review, AB Volvo's Board of Directors decided to adopt new financial targets for the company. The decision is based on the Board's assessment that Volvo today has a structurally higher profitability, stronger cash flow and a lower risk. The board focuses on three external financial targets covering growth, operating margin and capital structure. The Board takes a positive view of opportunities to increase the return of funds to shareholders at the next Annual General Meeting. However, the Board of Directors wants to consider possible acquisitions before taking a definitive position.
"Social backlash to the speed and breadth of globalization is limiting our ability to move forward on reforms, even in the most developed of economies. Indeed, the backlash to China and immigration appears to have intensified in the U.S. over the last year. Pat Buchanan's hate-spewing new book, which condemns immigrants, has already reached best- seller status," says Diane Swonk, chief economist of Mesirow Financial.
Companies around the globe are beginning to reap the fruits of their investments in business process management technology by growing revenue, keeping closer tabs on competitors, and sharing lessons learned to drive more constant improvement, according to the results of a new Aberdeen Group survey.
Focus on niche marketing, production streamlining, and research and development will lead to success in the European market for fine chemicals. European companies face intense competition from Asian fine chemical suppliers, due to lack of capability differentiation and relatively higher fixed cost and labor costs. Moreover, slower approval rates for new chemical entities have lead to overcapacity and reduced profitability in the industry, forcing participants to either restructure or exit the market.
Latest UK Regional Trade in Goods estimates show that total exports between Quarter one 2006 and Quarter two 2006 rose in all 12 of the regions and countries of the UK.
Perceptions regarding who is primarily responsible for innovation have expanded from the confines of the laboratory to include all employees of a company, according to a study released by Dow Corning Corporation. The study examined a cross-section of managers and professionals in manufacturing companies in the Americas, Asia and Europe.