Hints and tips:
...Frank Liang, general manager of C Sun, said his company was seeking to expand to Thailand and Malaysia, while also considering Japan....
...Prosecutors allege that Lee, who was vice-chair of Samsung Electronics in 2015, was among a group of executives who inflated the stock price of Cheil Industries, a textile company, and devalued Samsung C...
...“Berkshire has become a great company. Though I have long been in charge of the construction crew, Charlie should forever be credited with being the architect.”...
...Johnson & Johnson, one of the world’s largest healthcare companies, is facing thousands of lawsuits from people alleging they got cancer from using one of their oldest products: talc-based baby powder....
...The company disclosed on Saturday that it had bought a 41.4 per cent stake in truck stop chain Pilot Flying J for $8.2bn in January, giving it a majority stake in the business....
...Much of the MA-1’s mainstream success, though, is down to Alpha Industries, the American company that was awarded the contract from the military for their construction in 1961, and then went on to offer...
...JCB, led by Lord Anthony Bamford, has developed hydrogen-powered combustion engines to power its construction machinery....
...Its founder, Paul Singer, was caricatured on Samsung C&T’s website as a bespectacled vulture....
...The company expects to produce about 110,000 machines this year....
...And I noticed that one of the winning trophy winners was from this company, Djuce — D-J-U-C-E — I think, based in Germany....
...He said electric power was a poor fit for construction machines and trucks. “It’s not thought through by lots of people....
...“Everything from facility construction, to equipment installation, to vehicle component supply (especially semiconductors) has been impacted by the pandemic,” Scaringe wrote....
...Worth more than Aviva, Arthur J Gallagher and Hannover Rück -- the third largest reinsurer globally....
...The manufacturing and construction sectors are both likely to take a hit too....
...On Tuesday, J Allen Brack, a top executive at Activision Blizzard left the company in a management shake-up that promised to bolster “integrity and inclusivity”. Read the FT’s story here....
...company KazTransGas, adhering to a procurement policy set by AGP j) the General Prosecutor’s Office (GPO) of Kazakhstan ordered the Ministry of Energy and Samruk-Kazyna, the sovereign wealth fund, to audit...
...“JCB really is the centre of gravity of the construction sector in the UK,” said Chris Sleight, managing director of Off-Highway Research, a construction-focused consultancy....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...Bill Michael wants KPMG back in the good books After construction group Carillion collapsed in 2018, one UK MP declared that he “wouldn’t hire KPMG to audit the contents of my fridge”....
...However, the company has warned of a slowdown in the construction equipment sector spanning several emerging markets including the Middle East, Turkey and Latin America, with the exception of Brazil....
...JCB employs some 15,000 people worldwide, just under half of which is in the UK, where it is one of the largest privately-owned companies....
...The company admitted that its subsidiary paid C$48m to public officials in the Libyan regime of Moammar Gadhafi between 2001 and 2011, in return for construction contracts....
...However the shares are up c.30% in the last month and have rerated by c.15pp compared to our FY22 PBT estimate....
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