Recent forecasts (Hatch Consulting Group) estimate that global demand for steel could grow by a third – nearly 500m tons – by 2030, mainly driven by construction, infrastructure, automotive, energy and capital goods. So why do we hear so much negative news about this vital industry, and how can it return to profitability?
It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.
Rolls-Royce has agreed to pay £671m as a result of bribery and corruption claims in Brazil, the US and UK. The figure is thought to be the largest ever levy imposed and the largest enforcement action relating to any criminal allegation in the UK.
More than a third (39.4%) of US businesses with a base in the UK said they are considering moving it to elsewhere in the EU because of Brexit, according to a new report by international law firm, Gowling WLG.
A campaign by the Insurance Institute for Highway Safety (IIHS) and the Global New Car Assessment Program (GNCAP) has revealed the shocking difference in vehicle safety standards between the US and Mexico.
In 2012, Apple paid approximately $6bn in US Corporate Tax on a reported US pretax income of $19bn. This in the words of Apple CEO, Tim Cook, at a Senate subcommittee in Taxes, 30.5% or around 2.5% of the total Corporate Tax revenue raised in the US.
Apparently there is such a thing as too many computers. That might not come as a surprise to those witnessing the the faltering social skills of millennials addicted to Facebook and Pokemon Go. However, leaving that to one side, in this instance what we're talking about is possibly even more concerning.