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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.

Pressure on central bank to slow China's surging growth

Clipped to the Drawing Board by Peter Wu  

 it's like trying to slow down a runaway team of horses - not easy - 

THE People's Bank of China has raised its economic growth forecast and says inflation will probably

accelerate.

 

Sunday 30 September, 2007 10:47 PM
 

GE Will Move Some Operations to Malaysia

Clipped to the Drawing Board by John William  

 just like all other major companies - the dollar rules -  - OK

Sept. 28, 2007  -- General Electric plans to move some of its operations to a special economic region

being developed in Malaysia's southern Johor state, company officials said Sept. 27. Stuart Dean,

president of the conglomerate's GE International Inc. unit, said the move was tied to plans by a major

customer to relocate to Nusajaya City in the Iskandar Development Region.

 

Sunday 30 September, 2007 07:54 PM
 

Russia warns of retaliation on EU energy plan

Clipped to the Drawing Board by Sean  

 when the Russian bear growls - you'd better get nervous - then again - maybe just a big cuddly teddy bear

 MOSCOW (AFP) - Russia sees EU plans to limit foreign investment in its energy sector as violating free market principles and will respond if the measures are enacted, a top Russian official warned Friday.

Saturday 29 September, 2007 09:33 AM
 

Rolls picks Berlin as site for engine test factory

Clipped to the Drawing Board by Dillon Smatcher  

 lots of work for the guys who set up and manage these projects - 

 A controversial decision by Rolls-Royce to locate a high-tech factory in Germany may be followed soon by an announcement that it is opening a manufacturing plant in either the United States or Singapore.

Saturday 29 September, 2007 09:30 AM
 

Prepare your business for sale - even if you have no intention to sell it

Clipped to the Drawing Board by Susan Decker  

 sounds like a good idea to me - it should keep everything "on the ball" - the same philosophy could be applied to lots of other things 

In the latest BRW Young Rich issue , founder of fast-growing accounting firm Bell Partners, Anthony Bell, says: "I have a philosophy of building businesses for sale even though you might not be intending to sell."

 

Saturday 29 September, 2007 09:23 AM
 

China's path to building on knowledge

Clipped to the Drawing Board by Ali Hamoud  

 it's a well worn path - get the business with cheap labour but then you've got to move forward with technology

Faced with increasing resource constraints and environmental deterioration, China is stepping up spending on research and development (R&D) to turn its economy into a more knowledge-based one.

 

Saturday 29 September, 2007 09:20 AM
 

Going Global

Clipped to the Drawing Board by Peter Wu  

 it's been said before - the world is a global village

 here’s no getting around it anymore – it really is a small world, after all. Being a global operation isn’t just for Fortune 500 corporations anymore; it’s becoming an increasingly necessary step for even small- and mid-sized businesses to take

Saturday 29 September, 2007 01:00 AM
 

10 Businesses Facing Extinction in 10 Years

Clipped to the Drawing Board by Ali Hamoud  

 it's a big cruel world out there - dog eat dog - survival of the fittest

 Determining which industries aren't long for this world may seem easy enough. But some types of businesses, such as telemarketing, are surprisingly hard to kill. And then again, other industries, probably the ones you're sad to see go, can't find a way to survive.     Facing Extinction

Friday 28 September, 2007 11:57 AM
 

Cámara Nacional de la Industria del Hierro y del Acero

Clipped to the Drawing Board by mohamed  

 how does anyone compete with the Chinese - well lets start with ..........

 The Mexican steel industry is seeing technical advances, continued consolidation, and increased productivity. Yet unfair Chinese competition and unhelpful national energy policies threaten to hurt the industry’s competitiveness.

Thursday 27 September, 2007 12:17 PM
 

NAM - The Manufacturing Institute

Clipped to the Drawing Board by mohamed  

 it's all about trade - will it be winners and losers or will it be win - win

 Central and South American Trade Pacts ; Panama Canal Expansion Connect the U.S. To More Trade Opportunities

Thursday 27 September, 2007 12:15 PM
 

Outsourcing for India to remain, asserts TCS CEO

Clipped to the Drawing Board by JW  

 the business of business is business - and round it goes

MUMBAI: India's largest software and services firm Tata Consultancy Services (TCS) today said outsourcing to the country would continue, even as the company plans to raise the charges for new clients.

 

Thursday 27 September, 2007 12:07 PM
 

Zimbabwean inflation under 7,000%

Clipped to the Drawing Board by John William  

 it's just got to be a lot of fun doing business here

 
Zimbabwe's annual inflation rate slowed in August to 6,592.8% from July's record of 7,634.8%, according to the Central Statistical Office (CSO).

Thursday 27 September, 2007 11:56 AM
 

Biggest eurozone economy hitting the brakes

Clipped to the Drawing Board by Dave Ellery  

 it won't stop them from building the levitation train - how do brakes work on a levitation train?

FRANKFURT (AFP) - German business sentiment fell in September for the fifth month in a row, a widely-watched survey showed Tuesday, prompting analysts to say that the eurozone's biggest economy had clearly hit the brakes.

 

Wednesday 26 September, 2007 12:17 PM
 

Outsourcing Comes Full Circle As Indian Firms Export Jobs

Clipped to the Drawing Board by Ali Hamoud  

 looks like the wheel is turning full circle - I guess that market forces will always come to the fore

 Mysore, India — Thousands of Indians report to Infosys Technologies ' campus here to learn the finer points of programming. Lately, though, packs of fair-skinned foreigners have been roaming the manicured lawns too.

Wednesday 26 September, 2007 12:06 PM
 

The China Supply Chain Bottleneck

Clipped to the Drawing Board by Rose Shah  

 been there and done that - the up front purchase cost is only one factor - no point in having the cheapest product if you can not get your hands on it - or if the quality is no good

Many companies have looked to Asia for product sourcing in the pursuit for lower costs. Yet as they rush to source from China, companies in North America and Europe could be walking into a strategic trap with higher overall costs and reduced profitability, according to a recent report. What can businesses do?

 

Tuesday 25 September, 2007 11:45 AM
 

Insatiable China boosts export sales

Clipped to the Drawing Board by Peter Wu  

 sometimes you are just in the right place at the right time ----Yeah

ANOTHER record year of earnings from commodity exports is expected, driven by China's demand for raw materials.

 

Tuesday 25 September, 2007 11:14 AM
 

Commodity exports 'slowing'

Clipped to the Drawing Board by JW  

 what goes up - often comes down - but maybe only a little bit !!

THE rosy outlook for Australia's miners and farmers has been tarnished with the chief forecaster trimming its outlook.

 

Monday 24 September, 2007 12:57 PM
 

Cheung Yan: Dragon queen of waste paper

Clipped to the Drawing Board by Dave Ellery  

 there's an old Yorkshire saying - "where there's muck there's money" - obviously the same in China

The hot and smelly process of recycling scrap paper and rubbish is not the most glamorous way to become a billionaire.

 

Monday 24 September, 2007 12:45 PM
 

Air China shares suspended in Hong Kong

Clipped to the Drawing Board by Sean  

 politics,  politics - so whats new >>>>

HONG KONG: Trading in Air China shares was suspended Monday amid speculation it will team up with Hong Kong's Cathay Pacific to block Singapore's bid to gain a foothold in the Chinese aviation market.
 

Monday 24 September, 2007 12:19 PM
 

Managing Recalls With RFID Technology

Clipped to the Drawing Board by Dillon Smatcher  

 yes we all know that sometimes stuff  (I think that was what was said)  happens and you ned to be prepared for it

No company wants to face a recall — it hurts your reputation and it hurts your bottom line. However, as a major toy maker found out this summer, sometimes it happens .

 

Sunday 23 September, 2007 12:12 PM
 

US dollar's fall drives up Airbus costs

Clipped to the Drawing Board by mohamed  

 it's complicated - who knows what works best - one gain is another loss

Europe's plane maker, Airbus , has warned it may have to slash costs by €1bn and take drastic steps to shift production overseas as the dollar's fall shatters its business strategy.

Saturday 22 September, 2007 08:53 AM
 
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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