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Interesting engineering news and general interest to get you through the week.

Business and Financial

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Business and Financial
Engineering is fun but at the end of the day you need money with which to carry out your activities.  Here we take a look at the news behind the wheeling and dealing that goes on in this industry.  Business and financial engineering news really does make the world go round.

European steelmakers criticise Chinese rivals

Clipped to the Drawing Board by Pat Sheen  

And it's not like the Europeans to complain about anything - so they must have a valid point

 
BERLIN (AFP) - European steelmakers were sharply critical of their Chinese rivals at a conference here on Monday which took place under the cloud of a European threat to file an anti-dumping complaint.

Wednesday 10 October, 2007 11:06 AM
 

Chrysler, UAW talks intensify as strike deadline looms

Clipped to the Drawing Board by Tony Elmasri  

 Taking it to the brink is part and parcel of negotiations - and they are doing it again - watch this space

DETROIT (Reuters) - With just over a day remaining until a strike deadline, representatives of the United Auto Workers union and Chrysler LLC bargained into Tuesday morning in a bid to reach a new contract for some 49,000 U.S. factory workers

Tuesday 9 October, 2007 11:14 AM
 

SAP's Business Intelligence Leap

Clipped to the Drawing Board by Barot Casha  

 They have been getting it "right" for quite a few years now - we will watch closely

SAP - To expand in one of business software's hottest sectors, the German giant detours from its organic growth plan and agrees to buy Business Objects for $6.8 billion

 

Monday 8 October, 2007 09:07 PM
 

110,000 Jobs Added To US Economy In September

Clipped to the Drawing Board by Yan Chu  

 I wonder how many jobs where created in China during the same period

 Job creation picked up in September but not enough to stop the unemployment rate from rising to 4.7 percent, the highest in just over a year.
 
The new job market snapshot released by the Labor Department on Friday showed that employers boosted payrolls by 110,000, the most in one month since last May. In an encouraging note, the economy actually added 89,000 jobs in August. That marked an improvement from the net loss of 4,000 that the government first estimated.
Monday 8 October, 2007 07:08 AM
 

The Venturesome Giant

Clipped to the Drawing Board by George Tan  

 Whatever works for you  - every one is a bit different - the GE guys are getting results - share it around 

David R. Nissen, who runs GE Money , remembers how the corporate powers at General Electric used to react whenever the subject of joint ventures came up. “The basic philosophy was, ‘If you don’t have full control, don’t do the deal,’” Mr. Nissen recalled.

 

Saturday 6 October, 2007 11:07 PM
 

Boosting innovation, boosting economic growth

Clipped to the Drawing Board by Dave Ellery  

 with this sort of growth,  someone is doing something right

 BEIJING, Sept. 29 (Xinhua) -- China's largest city Shanghai posted a GDP growth of 13 percent based on a rise of 9.6 percent in fixed assets investment in the first half of 2007, thanks to the strategic adjustment of economic structure, statistics from the municipal government show

Saturday 6 October, 2007 07:06 PM
 

But I Thought Everyone Saved Money in China

Clipped to the Drawing Board by Barot Casha  

 There are some basic business fundamentals - do the exercise - if cheap labour is a key factor !!

Oct. 1, 2007  -- With China almost single handedly responsible for driving down the price of manufactured goods around the globe, it often seems inevitable that any low-end manufacturing can be done cheaper in the middle kingdom. But despite its many market distortions, China still hasn't managed to rewrite some economic fundamentals.

 

Saturday 6 October, 2007 05:08 AM
 

Fast boat to china

Clipped to the Drawing Board by Barot Casha  

 You scratch my back and I'll scratch yours - a noble sentiment - as long as everyone is sailing with the same wind

With booming trade between the UK and China , exporting original equipment manufacturers from both regions will need product designers with up-to-date, local experience of these markets.

 

Friday 5 October, 2007 01:06 PM
 

Exporters between rock and hard place

Clipped to the Drawing Board by Yan Chu  

 As with many subjects - your view can depend on which side of the fence you happen to be sitting - of course if your sitting "on top of " a barbed wire fence - there may be a different result

It is risky to defend an unpopular cause, such as the recent product scares involving Chinese exporters

Friday 5 October, 2007 12:22 PM
 

Intel plans rely on smarter phones

Clipped to the Drawing Board by jackson Browne  

 It's a fast moving industry and you need to be nimble on your feet - good money to be made if you get it right

Intel - A year ago, the semiconductor giant was losing market share to rival AMD, losing money on vast piles of unsold chips, and losing face on Wall Street as its story on how to fix itself kept changing.

 

Thursday 4 October, 2007 11:06 PM
 

European steel manufacturers preparing dumping complaint against China

Clipped to the Drawing Board by David Singh  

 I just love to see these battles unfold - and all in the name of free and fair trade

BRUSSELS : European steel manufacturers are preparing to lodge a complaint in the coming weeks against China for selling finished steel products in Europe at below cost, a source close to the matter said on Tuesday.

 

Thursday 4 October, 2007 11:07 AM
 

Japan's firms in buoyant mood

Clipped to the Drawing Board by Ali Hamoud  

 Japan seems to be overshadowed by "the big 2" but never underestimate the Japanese - 

JAPAN's key barometer of business confidence has unexpectedly held near a two-year high and companies have increased their spending plans, shrugging off a slowdown in the US, the country's largest export market.

 

Wednesday 3 October, 2007 11:09 AM
 

Photocopier that speaks English, Japanese, Chinese

Clipped to the Drawing Board by Sean  

 always an improved way of doing business - how easy is this ?

 Japanese company Fuji Xerox has demonstrated a photocopier that can translate text into a number of

languages while keeping the original formatting of the document.

Tuesday 2 October, 2007 09:08 PM
 

France's Schneider ordered to pay 44 million dollars in China patent case

Clipped to the Drawing Board by Yan Chu  

 Dog bites man - not news - man bites dog - maybe its just a big game - will any money change hands ?

BEIJING (AFP) - A court in eastern China has ordered a French electrical company to pay 330 million yuan

(44 million dollars) for infringing the copyright of a Chinese enterprise , a company official and state

press said Sunday.

Tuesday 2 October, 2007 10:57 AM
 

Suzuki's Surge Against Giants

Clipped to the Drawing Board by Susan Decker  

 Hard to believe - but you can not argue with the facts - (well you can but you'd never win)

Investment in gas-sippers and emerging markets has pushed Suzuki's market cap within sight of Ford's.

Now the Japanese automaker wants to expand in the U.S.

 

Tuesday 2 October, 2007 09:05 AM
 

France cool on US farm offer for world trade deal

Clipped to the Drawing Board by Rose Shah  

 Always a political tightrope and the French are masters at this game

A US offer to slash its maximum farm subsidies is insufficient for a world trade deal to be reached, French Agriculture Minister Michel Barnier said in an interview published on Monday.

 

Tuesday 2 October, 2007 03:07 AM
 

While France fusses, Germany welcomes a surging euro

Clipped to the Drawing Board by Dave Ellery  

 I guess a difference in national ways of dealing with events - vive la difference - tho' that's not what it was intended for!!!

 LONDON (AFP) - The high-flying euro, which last week soared from record to record against the dollar,

has sparked sharply contrasting reactions in France and Germany , with Paris complaining and Berlin

applauding.

Monday 1 October, 2007 11:03 PM
 

Hard Times at Alcatel-Lucent

Clipped to the Drawing Board by Pat Sheen  

 it's tough at the top - that why they get paid the big bucks

 Less than a year after CEO Patricia Russo took over, she's under a cloud because of a slew of problems, some of them inherited -  Alcatel-Lucent


 

Monday 1 October, 2007 06:03 AM
 

SA seeks to respond to worldwide surge in containerisation

Clipped to the Drawing Board by Dillon Smatcher  

If you ever wondered who invented the humble container - wonder no more !

Almost 51 years since the container revolution, initiated by American Malcolm Mclean , about 90% of the world’s cargo is now transported in containers.
 

Monday 1 October, 2007 01:05 AM
 

As film fades, Kodak's mammoth manufacturing hub shrinks

Clipped to the Drawing Board by David Singh  

 it's sad,  but the way of the world  - new industries are created eg digital - others go eg film

ROCHESTER, N.Y. - As mainstream photography turns digital, the mammoth film-manufacturing hub that George Eastman opened here in 1891 is swiftly shrinking.

 

Monday 1 October, 2007 12:03 AM
 

Singapore Top Paradise For Business

Clipped to the Drawing Board by Rose Shah  

 and why would you not want to do business in Singapore - they show that they want you --

Sept. 27, 2007  -- Singapore once again topped the World Bank's ranks for the best place in the world to

do business, and Egypt is the leader in reforms to invite more business, the World Bank said Sept. 25.
 

Sunday 30 September, 2007 11:07 PM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson