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...A day after Boeing chief executive Dave Calhoun announced he would step down, Sir Tim Clark also said he backed efforts by the US group’s largest labour union to win a seat on the board....
...Its construction — which took 10 years to complete, the largest public works project in American history at the time — was a Herculean feat of engineering....
...One hundred years later, the group — now called TotalEnergies — is looking west to try to solve another puzzle: the valuation gap between European and US oil majors....
...But since the beginning of 2023, the Scottish engineering company, which has struggled to recover from an ill-fated takeover deal, has enjoyed several moments of fame....
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...The Virgin Group owns 51 per cent of the airline, while the remaining 49 per cent is held by US carrier Delta Air Lines....
...In emailed comments sent a day after Boeing chief executive Dave Calhoun announced he would step down, Sir Tim Clark also said he backed efforts by the US group’s largest labour union to win a seat on the...
...In a statement in response to speculation about the bid, the engineering group said its board believed Sidara’s offer had “fundamentally undervalued Wood and its future prospects”....
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...British Airways owner International Airlines Group expects another record summer amid unrelenting demand from holidaymakers and as tech executives drive a recovery in business travel....
...Engineering services company John Wood Group, which is facing pressure to consider selling itself or move its listing to the US, said its first-quarter revenue declined 6 per cent from a year earlier, in...
...“To look at it purely as a risk-risk within climate, what happens if we do not decarbonise versus what happens if we deploy [climate engineering] . . . is a false narrative for the whole of the global environment...
...There will be fewer titles but not necessarily less budget,” said Sir William Sargent, founder of visual effects group Framestore. “The market will stabilise this year and grow again in 2025.”...
...Private equity group KKR announced last month the acquisition of the remaining stake of Global Atlantic that it did not already own, after taking control of the insurer in 2021....
...General Atlantic, a private equity group known for backing fast-growing technology companies such as Alibaba, Facebook and ByteDance, has filed confidentially to pursue an initial public offering, putting...
...She’s too worried about the country’s shortage of engineering talent....
...Engineering a better reputation will take a long time but it is crucial. pan.yuk@ft.com...
...Shares in the company, which was spun out from its namesake Siemens, the German engineering giant in 2020, had risen 13 per cent by early afternoon, almost erasing their losses over the past year....
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...General Atlantic and Actis declined to comment....
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