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...It is also working on a shorter-range hydrogen-powered aircraft expected to enter service in 2035....
...The conditions remain in favour of financial performance for other divisions of defence and space, and global services....
...The division lost £1bn in the year to March 26 last year, the last full year for which results have been published....
...In 2022, the most heavily affected year, the profit of the nutrition business was cut by $68mn to $668mn and the profits of the agricultural services and carbohydrates divisions raised commensurately....
...She has a strong record of delivering profits at Boeing’s services business while both the commercial and defence divisions floundered....
...Fourteen years on, the shine of that deal, now known as ICBC Financial Services, has been somewhat tarnished by a major cyber attack last year....
...Pope was previously head of the aircraft maker’s services business — its only division to deliver a profit in recent years....
...BT’s consumer division EE in October announced it would start selling kitchen appliances this year and also expand its offerings of electronic goods and subscription, gaming and insurance services....
...Other stereotypically male sectors have made significantly more progress: just 26 per cent of industrial companies are led by all-male teams, says director of stewardship Jackie Cook....
...He reached an agreement on selling Atos’s lossmaking legacy IT services business Tech Foundations to Czech billionaire Daniel Křetínský....
...It said that if it won the general election it would implement a new industrial strategy, planning reforms and better business support....
...Top engineers among business units who previously reported to executives leading those divisions began reporting to the company’s chief engineer, who reported directly to the CEO....
...The plan hinges on Rolls-Royce’s civil aerospace division. This is the largest of its three businesses, in revenue terms....
...The company also plans to review contracts with 620 services providers, which could mean an even larger number of cuts....
...Groups such as Ford and Volkswagen collect healthy profits from their captive finance divisions....
...Those comments followed a warning by Amazon chief Andy Jassy this year that there was “not enough energy right now” to run new generative AI services....
...The other was made against Barclays Partner Finance, a division of Barclays bank....
...Most of it is expected to flow through to the ship’s reinsurers, a large group including Axa XL, a division of the French insurer. Axa said any impact would be “non-material” at group level....
...It could sell the unit, as Uber did with its driverless car division. Or, like Ford, it could absorb the driverless car unit into its business and develop driver assistance....
...The division had its best quarter in two years with revenues of $2.1bn. (Although still well behind the peak reached during the pandemic’s dealmaking craze.)...
...More recently he abolished Boeing’s corporate strategy function, leaving it instead to individual divisions....
...That division recorded a 2.5 per cent revenue drop in the quarter. Shares fell almost 20 per cent in mid-afternoon trading on Thursday to a new 52-week low of 480.5p....
...Boeing last year abolished its corporate strategy department, leaving it to individual divisions, Aboulafia pointed out....
...As this form of warfare increases, demand for Thales’ services should rise further....
...Li, who is often referred to as China’s Elon Musk, has sparked division among investors and analysts....
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