China has a large and fast-growing pharmaceuticals industry. According the Research and Markets the estimated value of the domestic industry in China, at the end of 2005, will be in the region of RMB288.74bn (US$34.89bn), and will have grown by over 140% since 1998.
Ericsson and Warid have signed a USD 274 million contract that will see Ericsson undertake a major evolution and expansion of Warid's GSM network, including its Mobile Softswitch solution, radio, transmission and packet core network equipment, as well as multimedia services.
Siemens today announced that is has once again been named a member of the Dow Jones Sustainability Index. Effective with the opening of the equity markets on September 18, the global healthcare, energy and infrastructure company will be part of the annual Index for a seventh consecutive year.
London ranks as the most popular destination for Chinese companies expanding into Europe according to the Ernst & Young European Investment Monitor. The news comes from Think London, the foreign direct investment agency for London.
At its scheduled Board meeting, and as part of its annual review, AB Volvo's Board of Directors decided to adopt new financial targets for the company. The decision is based on the Board's assessment that Volvo today has a structurally higher profitability, stronger cash flow and a lower risk. The board focuses on three external financial targets covering growth, operating margin and capital structure. The Board takes a positive view of opportunities to increase the return of funds to shareholders at the next Annual General Meeting. However, the Board of Directors wants to consider possible acquisitions before taking a definitive position.
"Social backlash to the speed and breadth of globalization is limiting our ability to move forward on reforms, even in the most developed of economies. Indeed, the backlash to China and immigration appears to have intensified in the U.S. over the last year. Pat Buchanan's hate-spewing new book, which condemns immigrants, has already reached best- seller status," says Diane Swonk, chief economist of Mesirow Financial.
Companies around the globe are beginning to reap the fruits of their investments in business process management technology by growing revenue, keeping closer tabs on competitors, and sharing lessons learned to drive more constant improvement, according to the results of a new Aberdeen Group survey.
