Many companies have recently made share buybacks, which can be beneficial but can also lead to extreme difficulties when economic conditions change
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26-28 June 2002
Kensington Palace Hotel, London
Kensington Palace Hotel, London
Industrial energy buyers have reacted angrily to the government’s proposals for a commercial energy tax to help meet the UK’s commitment to emissions targets set out at Kyoto.
Two publications to examine at the same time, in related areas, is an unusual luxury for the reviewer. As one expects from Financial Times Automotive Reports, they are highly readable, cover a wide range of up-to-date data and show a broad range of case studies. Beyond those general comments, they both have their positive and negative aspects.
This book brutally dismembers the sacred cows of conventional money-lenders and the social classes they infest. Yunus invented micro-credit, which frees the very poor from exploitation by issuing extremely small loans. He began in a small village in Bangladesh, and the resulting bank now has 12,000 employees and has lent $2.5 billion.
The UK is the only country in a five-nation group that will meet targets to reduce emissions of greenhouse gases set out in the 1997 Kyoto treaty, according to a study by the Dutch government. France, Germany, Sweden and Italy were all behind schedule.
The National Health Service has cancelled four private finance initiative hospitals, claiming the schemes would not be value for money. The cancellations, worth around £12 million each, could cost the NHS hundreds of thousands of pounds.
Chancellor Gordon Brown failed to amend the climate change levy on business energy use in his pre-budget review, despite being warned by industry that it would shave £80 million a year off the profits of manufacturers that had to pay it in full.
General Motors and CNF, a £4.3 billion global supply chain services firm, have formed a joint venture called Vector SCM (supply chain management) to oversee the automaker’s £3.6 billion global transportation budget.
Dotcom executives are more shady than their counterparts in other industries, according to a survey by risk management firm Kroll Associates.