Business executives around the world believe that protectionism is on the rise in both developed and emerging markets, according to a new Economist Intelligence Unit survey and report commissioned by UK Trade & Investment. The report outlines some of the strategies that companies are using to deal with the problems caused by protectionism.
Airports across the world are gearing up to accommodate the entry of the Airbus A380 in 2007 by investing billions of dollars in facilities enlargement. However, the investments related to the A380 comprise only a small part of the total master plan spending aimed at meeting the requirements of increasing air traffic. Nearly 60 airports in the world will be able to accommodate the jet by 2010, although the actual operations of the A380 will itself be limited to between 40 - 50 airports.
MasterCard Incorporated today announced financial results for the third quarter of 2006. The company reported net income of $193 million, or $1.42 per share. Net revenues for the quarter were $902 million, a 13.9% increase versus the same period in 2005. Currency fluctuations (driven by the movement of the euro relative to the US dollar) contributed approximately 1% of the increase in revenues for the quarter.
The private sector is poised to provide capital for strapped regional and local economies that are balancing their need to rebuild old infrastructure and keep up with new improvements demanded by global competition, according to Dale Anne Reiss, Ernst & Young's Global and Americas Director of Real Estate.
The Japan External Trade Organization (JETRO) released the results of its latest annual survey of Japanese manufacturers operating in the US. A total of 621 companies replied to this survey, which JETRO's six US offices (Atlanta, Chicago, Houston, Los Angeles, New York, and San Francisco) conducted in July and August 2006. JETRO began this annual survey in 1981.
Pollutant control technologies play a vital role in promoting a healthy and green environment. While competing technologies such as fuel cells and other green technologies have the potential for future growth, these options are yet to meet the reliability and efficiency standards that conventional technologies conform to. On its part, the power generation industry – as driven by air pollution requirements – is keenly pursuing strategies to mitigate the emissions of sulphur dioxide, oxides of nitrogen, particulate matter and other pollutants from power plants.
Alcatel's Board of Directors reviewed and approved third quarter 2006 results. Revenues were up by 1.4% at Euro 3,335 million compared with Euro 3,289 million (up 2.7% at constant Euro/USD exchange rate) in the same period last year.
Overall findings show that while salaries and hiring are increasing, the shortage of qualified talent means employers will need to work much harder to attract, retain and develop quality talent in markets where key skills are increasingly scarce. This talent shortage is one of the biggest challenges to expansion facing employers across Europe.
Talent shortages are forcing 25 percent of employers to pay higher salaries for permanent, professional(1) positions compared to the previous year, according to a Manpower Professional Survey released today. The professional talent shortage is threatening growth opportunities for many firms, with 29 percent of employers worldwide reporting they would have hired more professional staff over the past six months had the appropriate talent been available.
Nokia's third quarter 2006 net sales increased 20% to EUR 10.1 billion, compared with EUR 8.4 billion in the third quarter 2005. At constant currency, group net sales would have increased 18%.
