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LyrArc brings in selected articles from many of the world's top publications.
Articles are selected by experts and you can see the gist of the important articles.
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Peter Loscher is a complete outsider, Austrian who worked for Merck, and before that at Hoechst AG, and Amersham PLC and GE, takes over from Kleinfeld in the midst of a bribery scandal
Peter Loscher is a complete outsider, Austrian who worked for Merck, and before that at Hoechst AG, and Amersham PLC and GE, takes over from Kleinfeld in the midst of a bribery scandal
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Problems that linger at United Airlines include fewer employees to do the same amount of work after rounds of costcutting and pay concessions, less motivated and overworked employees. So complaints from customers and late arrivals continue to keep United struggling in most customer satisfaction areas.
Problems that linger at United Airlines include fewer employees to do the same amount of work after rounds of costcutting and pay concessions, less motivated and overworked employees. So complaints from customers and late arrivals continue to keep United struggling in most customer satisfaction areas.
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Sales for Honda in Japan dropped 13% which is quite remarkable see the related BW article on declining Japanese auto sales. N.American sales up 2% in a weakenig market, but worldwide sales up 5.6% in the first quarter of 2007.
Sales for Honda in Japan dropped 13% which is quite remarkable see the related BW article on declining Japanese auto sales. N.American sales up 2% in a weakenig market, but worldwide sales up 5.6% in the first quarter of 2007.
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The long tough road ahead for Nardelli. Skepticism about Nardelli. Maybe he could work with reducing the number of dealerships and better distribution, how effective would he be with the UAW, and how effective would he be with the redesign of vehicles so that there is enough demand from customers to prevent discounting that cuts Chrysler profits and to be able to charge full price. Considerable skepticism, including a comment from ardelli that the last thing he wants is to be a distraction (word of his $210 million exit package) for the UAW talks.
The long tough road ahead for Nardelli. Skepticism about Nardelli. Maybe he could work with reducing the number of dealerships and better distribution, how effective would he be with the UAW, and how effective would he be with the redesign of vehicles so that there is enough demand from customers to prevent discounting that cuts Chrysler profits and to be able to charge full price. Considerable skepticism, including a comment from ardelli that the last thing he wants is to be a distraction (word of his $210 million exit package) for the UAW talks.
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GM with the Malibu and Ford with the Taurus are trying to get back into the midsized car market dominated by Honda's Accord and Toyota Camry and the Nissan Altima. These cars constituted about 20% of the market and passenger cars will soon surpass sales of SUV's and pickup trucks. Honda is packing more into its redesigned 2008 Accord which has 268 hp V6 engine and over 119 cubic feet of passenger and cargo space to give more space to customers. Each redesign has seen more features on the Accord. Detroit will have a tough time against these models from Honda and Toyota.
GM with the Malibu and Ford with the Taurus are trying to get back into the midsized car market dominated by Honda's Accord and Toyota Camry and the Nissan Altima. These cars constituted about 20% of the market and passenger cars will soon surpass sales of SUV's and pickup trucks. Honda is packing more into its redesigned 2008 Accord which has 268 hp V6 engine and over 119 cubic feet of passenger and cargo space to give more space to customers. Each redesign has seen more features on the Accord. Detroit will have a tough time against these models from Honda and Toyota.
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Xie Xurenreplaces Jin as Finance Minister. Jin was 2 years from retirement and had merely maintained the status quo. With the global financial crisis in 2007 the Chinese government brings in Xie who at one time headed the Agricultural Bank of China. More appointments are expected by the Party National Congress by Oct 15, 2007.
Xie Xurenreplaces Jin as Finance Minister. Jin was 2 years from retirement and had merely maintained the status quo. With the global financial crisis in 2007 the Chinese government brings in Xie who at one time headed the Agricultural Bank of China. More appointments are expected by the Party National Congress by Oct 15, 2007.
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VW's shows good results. Sales exceed 6 million vehicles in 2007 for first time, and sales in China up by 30% and in Russia and Poland up by 20%. VW is strong in both China and Eastern Europe. Audi operating margins are 10.1% exceeding even Daimler Mercedez Benz's operating margins. And pretax profits in 2007 expected to be 5.1 billion euros.
VW's shows good results. Sales exceed 6 million vehicles in 2007 for first time, and sales in China up by 30% and in Russia and Poland up by 20%. VW is strong in both China and Eastern Europe. Audi operating margins are 10.1% exceeding even Daimler Mercedez Benz's operating margins. And pretax profits in 2007 expected to be 5.1 billion euros.
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Strikes at German airports nationwide, public transportation in Berlin and possible strike in trains nationwide as unions demand wage increases of about 8% vs the government's offer of 5%. Workers after years of restraint in fear of losing jobs are now looking to get part of the benefits of the economic improvement and gains in global market share of German companies.
Strikes at German airports nationwide, public transportation in Berlin and possible strike in trains nationwide as unions demand wage increases of about 8% vs the government's offer of 5%. Workers after years of restraint in fear of losing jobs are now looking to get part of the benefits of the economic improvement and gains in global market share of German companies.
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Southwest airlines grounded part of its Boeing 737 fleet to conduct safety inspections.
Southwest airlines grounded part of its Boeing 737 fleet to conduct safety inspections.
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