Business News

The search for an alternative fuel

The search for an alternative fuelThe rising price of oil is pushing the search for an alternative source of energy. Manufacturers have displayed dozens of fuel-cell concept cars but have been reluctant to put them into mass production without an infrastructure to support them.Andrew McCree, chief executive of AEA, an...
Business News

External influences affecting food prices

External influences affecting food pricesExternal influences - economic, technological and even climatic - can affect production in industry, for example, food crops harvested for the production of biofuels. The effects of unfavourable climate conditions on crop growing coupled with a rising demand from developing countries has contributed to food shortages and higher...
Business News

Competition for banking jobs

Competition for banking jobsA recent survey showed that more people were looking for jobs in London's financial services industry last month than at any time in the past three and a half years. About 11,840 people were looking for banking jobs in April, 20% more than in March and outnumbered...
Business News

Bids for a stake in British Energy

Bids for a stake in British EnergyThe deadline for bids for a stake in British Energy was 9 May 2008, at which time EDF (the French state-controlled utility) was the sole bidder. Since that date, two further bidders have put forward proposals. These are two utilities RWE (German) and Iberdrola...
Business News

Investors braced for bidding war for MTN

Investors braced for bidding war for MTNIn November 2007 Vodafone's £5 billion bid to gain control of Vodacom, which it co-owns with Telkom, South Africa's dominant telecoms operator, failed. The deal was called of by Telkom after failing to agree on price with a third party, MTN, its South African...
Business News

Change of policy at Google

Change of policy at GoogleAdvertising is an important part of the marketing mix. It presents a company's products or services to the buying public and its objectives are to increase sales and profits and increase awareness of the product or service.Increasingly, business advertises on the internet and there is competition...
Business News

Effects of the Grangemouth oil refinery strike

Effects of the Grangemouth oil refinery strikeThere are many external influences that can affect the running of any business. The Grangemouth strike, threatening as it does the supplies of fuel is one such, but is itself the result of actions taken some time ago by government.Workers at Grangemouth (members of...
Business News

Companies meeting the demand for steel

Companies meeting the demand for steelPublication of the Rich List in the Sunday Times (27 April 2008) showed members of the international set to be the richest. Lakshmi N. Mittal, President and CEO of Arcelor Mittal heads the list. Mr Mittal, 57, who retains his Indian passport but spends much...
Business News

Strike by National Union of Teachers

Strike by National Union of TeachersOn 2 April, following a ballot of its members, the National Union of Teachers (NUT) decided to take direct action over the latest pay award announced for teachers. Its members voted 3:1 in favour of a one day strike. The strike on Thursday on 24th...
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