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Smiths Group said it has been “submerged” with requests for its security products after the terrorist attacks, despite its core customer Boeing slashing more than 30,000 jobs. It said demand for its products that detect chemical agents has risen in the US and the Middle East.

BMI British Midland_2

Delays prove costly_2

Three-quarters of European companies experience delays in receiving imported goods, either finished or component, while 79 per cent experience delays in exporting goods, according to a recent logistics survey, writes David Arminas.

Company Barclaycard_2

Silvon takes on TBC_2

Toshiba to cut jobs_2

Japanese electronics and semi-conductor maker Toshiba is to cut 17,000 jobs in Japan and 1,800 elsewhere, while expanding output in overseas markets. However, UK jobs are believed to be secure. The announcement comes as the firm forecast a loss of about £700 million, its largest ever.

Lucent Technologies_2

Express Marketplace_2

Napp gains reprieve_2

Napp Pharmaceuticals has won a temporary reprieve from having to comply with an Office of Fair Trading order to cease anti-competitive practices.

Peugeot takes stake_2

PSA Peugeot Citroen has taken an equity stake in Covisint, and will join the automotive e-business exchange’s European advisory council when it is established later this year. Covisint claimed that a recent DaimlerChrysler auction was its largest to date. Five suppliers bid for the contract to supply 1,200 parts in an order worth $3 billion.