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...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
...A version of this article was first published by Nikkei Asia on February 1 2022. ©2022 Nikkei Inc....
...Kearney, the professional services firm, says it is too soon to predict the demise of one of the mainland’s most famous brands....
...They have questioned whether the turnround strategy of Thorsten Heins, chief executive, is working and if the company can stem continuing subscriber losses....
...Backers of digital television service Hulu put in $750m this summer after its sale process foundered....
...“Going forward, we plan to refocus our offering on our end-to-end solution of hardware, software and services for enterprises and the productive, professional end user,” Mr Heins said....
...BlackBerry’s previous management led by Thorsten Heins, former chief executive, had attempted to position the company and its new BlackBerry 10 operating system as targeting consumers and business customers...
...“BlackBerry is now back on solid ground,” Mr Heins told his audience....
...Claus Hein is on gardening leave after stepping down earlier this month from his role as head of Lyxor ETFs for the UK, the Nordic region and Latin America....
...Alain Dubois is leaving after a decade as chairman of the asset management group to join MSCI, the index provider, while Claus Hein is on gardening leave after stepping down last week from his role as head...
...Shares in the information technology company, which provides services to the Department of Defense, fell 3.2 per cent to $45.74....
...John Strickland, director of JLS Consulting, said: “Notwithstanding they have achieved a great number of things, Virgin has been struggling in recent times....
...Crucially, high-margin services revenue, where most of the company’s value now resides, held steady....
...(Wall Street Journal) Blackberry chief confident as Z10 enters US market: “Thorsten Heins, BlackBerry’s chief executive, acknowledged on Thursday that the company faces a particularly tough battle in the...
...Strong demand for the Z10, launched last week by BlackBerry chief executive Thorsten Heins, follows mostly favourable reviews from industry analysts and commentators and has spurred a rebound in the company...
...Fairfax Financial Holdings, a Toronto-based financial services group run by the Canadian investor Prem Watsa, has become Research In Motion’s largest single shareholder, almost doubling its stake in the...
...John Strickland, director of JLS Consulting, said there was a strong logic to Virgin joining the joint venture between Air France-KLM and Delta. “Doing nothing is not a tenable position,” he added....
...“These services are not the core, we need these services but we can do these through partnerships,” he said....
...Mr Heins has two options. One, cut costs and focus on the low end, selling cheap voice/email/messaging devices at no profit, milking cash from services....
...His predecessor, Hein Verbruggen, who is the UCI honorary president and a member of its management committee, has also ignored demands to step down....
...If RIM were to sell its data network or services, “then I’m head-to-head with all these groups from Asia like HTC and Samsung and they would just kill me in a price war. I will stay integrated....
...BlackBerrys, with their thumb-operated mini-Qwerty keyboards, long battery life and secure, reliable mobile email service were seemingly unassailable and loved by corporate IT departments and mobile network...
...Many users still rely on BlackBerry’s wireless email service but – with the exception of teenagers who use the free BlackBerry Messaging service – BlackBerrys are no longer a cool device to be seen with....
...Quote from Thorstein Heins, chief executive: In parallel, we are undertaking a comprehensive review of strategic opportunities including partnerships and joint ventures, licensing, and other ways to leverage...
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