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.
Canadian Prime Minister Justin Trudeau has declared all Arctic Canadian waters off limits indefinitely, which is set to leave oil companies such as BP in limbo with regards to their exploration operations in the region.
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.
A new survey of top finance executives at US-based companies, released today by cloud ERP software company, Intacct, has revealed that finance departments are behind in preparing to transition to new ASC 606 revenue recognition guidelines.