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7:43am
Nikkei bounces back after two-month low
...time, though warning of a still shaky outlook for the global car market.Among shares of machinery firms, Amada, a maker of metal-processing machines, rose 2.9 per cent to Y642 and industrial robot maker Fanuc gained 0.7 per cent to Y8,850.Resource... By
5:23am
Honda airbag risk triggers global recall
...in Wednesday’s recall, all of which were built in 2001 and 2002In addition to Accords and Civics, the recall affects CR-V sport utility vehicles, Odyssey vans and Acura TL and CL saloons. Honda said 378,000 vehicles would be recalled in the US... By Jonathan Soble in Tokyo
8:06am
Peugeot forecasts profit in shrinking market
...financial position and giving us ample liquid resources.”Mr Varin said that a performance plan to drive sales, cut costs and better use capacity at Peugeot’s core automotive group would support the company’s earnings this year, along with new model launches... By John Reed in London
January 29, 2010
Man in the News: Steve Jobs
...undergo a liver transplant operation, it is back to business as usual: sprinkling his pixie dust over inanimate lumps of metal and glass to create objects of desire for the digital age.Tablets (bigger than a smartphone, smaller than a laptop...a high-ranking Apple development executive in the 1980s who later founded a rival personal computing company called Be Inc. “The whole product reflects Steve’s attention to detail and the drive for a minimalist approach – just enough, as opposed to piling...His simple statement to me about it was: ‘The reason I went back to Apple is that I feel like the world would be a better place with Apple in it than not. And it’s hard to imagine the world without Apple now.’”In a remarkable speech... By Richard Waters
February 8, 2010
Mining and metal trends radically affected by speculative investments embedded in prices
...among metals analysts, who point to the trend for prices of a metal such as zinc to rise while inventories of zinc increase. Even...rise, the wind-down of these deals could release volumes of metal that dampen prices.Investment inflows will not necessarily... By William MacNamara
February 1, 2010
BSkyB v EDS: Why is the case so important?
The case of EDS v BSkyB is by far and away the most important legal case in the IT area for a decade. Not since the 1996 case of St Albans City and District Council v International Computers Limited (which defined whether software was goods... By Dai Davis, IT lawyer and partner at Brooke North LLP
2:00am
Looming commercial real estate crisis offer 'bonanza'
...said: "We've come off the precipice and moved back into more healthy territory."Credit markets had come back sharply in a V-shaped recovery, he said. "It was the best period for buying distressed debt we have seen . . . 18 months ago we were backing... By Martin Arnold in Berlin
February 7, 2010
US exchanges
...current exchanges have less than 1 per cent of trading. Even success stories can be fleeting – volumes quickly vanish once a better deal emerges.So exchange groups must look elsewhere for their rewards. Innovators such as BATS have headed to Europe and...
February 6, 2010
Masterful Salinger deserved better
...or Mark Twain, but his novel The Catcher in the Rye was one of the most read works of modern times. I felt the man deserved better.Salinger’s writing was informed by his exposure to very real world experiences and personal adversity that likely was...
July 30, 2009
Will the Supreme Court stem the antipatent tide?
...the 2006 Supreme court decision in Ebay v. MercExchange , (against which I have...settle for damages. A year later in KSR v. Teleflex the Court made it easier to challenge...Circuit 2007 decision In re Seagate Tech. , LLC, toughened the standards needed to show a wilful...was adopted in the 1980 case of Diamond v. Chahkabarty , which said that...sound patent system. Competition works better than the creation of an overly-broad... By Richard Epstein