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...Events: UK foreign secretary James Cleverly speaks at the City of London’s annual Easter Banquet....
...Monday UN Security Council briefing on Ukraine, with British foreign secretary James Cleverly expected to chair the meeting....
...Philips Q1, Vivendi Q1 revenues Tuesday South Korea, flash Q1 GDP figures UK, March public sector borrowing figures and HMRC tax receipts US, April Conference Board consumer confidence survey Results: ABB...
...James Routh, the chief executive since 2018, tells FT Money that the move underlines a need to “professionalise” the company and invest “or stop growing”....
...Results: ABB Q2, American Airlines Q2, Anglo American Q2 production report, AT&T Q2, Capital One Q2, Close Brothers Q4 trading update, Electrolux Q2, Getlink H1, Mattel Q2, Moneysupermarket H1, Nokia Q2,...
...also considering splitting into three under pressure from activist investors and IBM getting out of its services business, all are following a path taken by the likes of United Technologies, DowDuPont, ABB...
...Andy Lipsky, who has been a key adviser on mega deals to industrial giants such as General Electric, 3M, ABB and Ingersoll Rand, will become vice-chairman of investment banking at JPMorgan, according to...
...season one (2014-15) highlighted the ability to race electric cars, the launch of Gen2 last year demonstrated a doubling of the car’s range and a higher maximum speed on the same volume of battery, says James...
...The age of their most valuable companies often exceeds 100 years (ABB, Nestlé, Unilever, AP Moeller Maersk, Toshiba et al)....
...Get behind the story Formula One takes axe to emissions in quest for sponsors Porsche and Mercedes approach Formula E as proving ground for electric technology ABB FIA Formula E championship powers away...
...JPMorgan Chase has poached Credit Suisse dealmaker Andy Lipsky, who advised on mega deals for General Electric and ABB, as its new vice-chairman of investment banking. Go deeper....
...James Stettler, analyst at Barclays, said: “I worry about infrastructure businesses [such as power grids] which are exposed to China — because China is becoming an increasingly powerful competitor....
...As we revealed last year, ABB ended up selling its power transmission unit to Japan’s Hitachi — though it wasn’t enough to prevent ABB’s former chief Ulrich Spiesshofer from a rather vicious defenestration...
...Some of this technology has obvious relevance for a mass market, says James Barclay, team director for Jaguar Racing, Jaguar Land Rover’s Formula E business....
...And Swiss engineering group ABB has appointed the former Shell boss Peter Voser as interim chief executive after Ulrich Spiesshofer agreed to step down from running the company....
...Job moves ABB said that Bjorn Rosengren, chief executive of Swedish engineer Sandvik, would join the supplier of factory robots and electrical equipment next February and succeed Peter Voser at the helm...
...By contrast, Formula E, the electric car race series, has had recent success securing new endorsements with blue-chip companies, such as brewer Heineken and Swiss engineering group ABB....
...Former General Electric executive Maryrose Sylvester is joining ABB as the new head of the Swiss engineering company’s US business, replacing Greg Scheu, who is due to retire, Reuters reports....
...ABB has appointed its chairman Peter Voser as interim chief executive of the Swiss engineering group after Ulrich Spiesshofer agreed to step down with immediate effect from running the company....
...Dyal’s work for ABB on the deal was just the latest large transaction that he has worked on with his tiny team out of New York this year....
...Ignoring ethical factors is a dereliction of duty: letter from James McManus, Nutmeg, London, UK I read with interest the article regarding ESG groupthink (December 13)....
...(FT) Adapt or die Switzerland's ABB is looking to rejig its portfolio and cut costs as fears over its long-term financial health grow. It may have to sell some chunks of the business to survive....
...(WSJ) News round-up DD scoop: Bridgepoint hires advisers to prepare for MotoGP sale (FT) DD scoop: Hitachi in talks to buy ABB’s power grids business (FT) DD scoop: Kimberly-Clark to call off European...
...(FT) News round-up ABB confirms Hitachi talks over power grids division (FT) The ‘clear pattern’ to Deutsche Bank’s mounting legal woes (FT) Germany intensifies plans to fix Deutsche Bank with merger...
...While other companies such as Germany’s Siemens and the Swedish-Swiss conglomerate ABB also have the technology, Chinese companies have been the first to deploy it on a grand scale, developing global industry...
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