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Monthly Archives: February 2013
Fungus blights Tate & Lyle margins
The spread of the aflatoxin fungus, according to a report in the Financial Times, will lead to higher corn costs in coming months, which will have the knock-on effect of reducing operating profit by around £7m for the full year.
“We have taken …
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Advanced energy represents $1tn global market
The Advanced Energy Economy analysis of the advanced energy sector shows that the market in the US represents a “significant part” of the nation’s economy, with $132bn in revenue in 2011, and a 19% growth rate estimated for 2012, with US revenue…
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Consultancy spend to surge in 2013
The study, by Source Information Services (Source), reveals that almost half (49%) of consulting clients expect their spend on consultants to increase in 2013, with a quarter expecting double digit percentage increases. In particular, companies operat…
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Global consulting spend to reach 2007 levels
The study, by Source Information Services (Source), reveals that almost half (49%) of consulting clients expect their spend on consultants to increase in 2013, with a quarter expecting double digit percentage increases. In particular, companies operat…
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Use travel data to spark internal rivalry
Detailed information on travel spending can be used to motivate departments to compete to reduce costs, according to a senior travel buyer.
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Service sector beats weather to grow
The industry returned to growth in January with the strongest increase since September 2012, buoyed by strong demand and new business.
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MPs take aim at outsourced defence procurement
Parliament’s Defence Committee has questioned whether the proposed plan to hand control of procurement to a private sector provider will meet the needs of the UK military.
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Taxpayers bear risk on nuclear decommissioning contracts
MPs said deals where taxpayers, rather than suppliers, bear the financial risk of project delays are partly responsible for the rising cost of decommissioning Sellafield nuclear power plant.
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Novelis loses patience with LME
Novelis has been critical of a warehousing system that it says has contributed to record-high price premiums for aluminium, a metal in chronic surplus.
“The LME sees no need to do anything else, even though they sympathise with the aluminium consumer…
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Auto suppliers look for natural currency hedge
Speaking to Dow Jones Newswires, German-based suppliers Continental and Bosch both suggested they look to customer regions to provide a natural shield of protection against shifts in currency prices.
Speaking to the newswire, Ingo Rapold said: “Our b…
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