American law enforcement authorities have begun a formal investigation into corruption allegations at the troubled German engineering company Siemens, adding to inquiries already under way by prosecutors in five European countries.
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Bosch warns on soaring euro
Bosch, the German engineering group, warned today that the soaring euro would damage sales growth this year, knocking up to €700m (£475m) off its revenues and hitting earnings
Combination appliances ‘save space’
If living in a small apartment means every spare bit of space counts, then a new range of kitchen gadgets could be just the thing. LG Electronics has unveiled two microwave combination appliances, which merge the oven device with either a coffee brewer or a toaster.
Eight leading British firms launch campaign to help shoppers cut carbon emission
Eight of Britain’s leading companies yesterday launched a campaign to help shoppers cut carbon dioxide emissions. The move is designed to encourage families to reduce household emissions by one tonne – or 10% – over the next three years.
British Gas launches green energy unit
British Gas on Thursday 19th of April, launched a green business arm to drive its offer of low carbon products for customers who want to reduce their carbon footprints.
Ecoballs And Soapnuts: A Marketing Triumph
We get asked constantly about Ecoballs and Soapnuts and , all over the net, we see people saying that these things are great and they work brilliantly. Our opinion is totally the opposite and we will explain why that is. Have you ever heard of the word ““placebo”? This is a term most often …
Boots bidding war hots up
A multibillion-pound battle for control of Alliance Boots broke out today as the health and beauty group’s directors accepted a £10.6bn bid – only to see it trumped by a rival consortium offering shareholders an extra £200m. The Alliance Boots board voted to recommend a formal £…
Siemens CEO gets firm grip on reins
Klaus Kleinfeld, the Siemens chief executive, will assume greater control over the future direction of Germany’s biggest technology group after the resignation of chairman Heinrich von Pierer late on Thursday over a corruption scandal, insiders and analysts said today. The youthful Mr Kleinfeld, …
British Gas sets complaints record
British Gas has seen the number of customer complaints more than double in a year, the energy watchdog said today.
Profits at Philips beat expectations
Strong demand for domestic appliances and energy-saving light bulbs helped drive first-quarter operating earnings at Philips, Europe’s largest consumer electronics group, above expectations to €292m (£200m).