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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.

UK - Why creative industries are making Birmingham a City of purpose

 
How it is: The city of Birmingham has represented different things to the British at different times. It is, above all, a city of purpose, grown in the white heat of manufacturing when industry’s natural resources of iron, coal, water and people were on its doorstep. From here it played a key role in world history, an international powerhouse. Industry literally shaped the city, causing it to be described by Birmingham-born H.V.Morton in 1926, as ‘that monster’.
Monday 5 October, 2009 05:59 PM
 

Even as layoffs persist, some good jobs go begging

 
In a brutal job market , here's a task that might sound easy: Fill jobs in nursing, engineering and energy research that pay $55,000 to $60,000, plus benefits.
Yet even with 15 million people hunting for work, even with the unemployment rate nearing 10 percent, some employers can't find enough qualified people for good-paying career jobs.
Monday 5 October, 2009 09:55 AM
 

How India's Next Outsourcing Wave Can Help the U.S.

 
Everyone agrees that the U.S. financial meltdown was the result of several factors, including indiscriminate lending, unprecedented levels of debt, poor assessment of risks, and indifferent oversight by corporate boards. An overlooked factor, however, is the breakdown of systems, especially risk management systems. Large financial institutions have been burdened by several generations of systems that operate in isolated "silos" and rarely talk to each other.
Wednesday 30 September, 2009 10:47 PM
 

Rapid International Celebrate 40 Years of Engineering Success

 
One company that has survived many an economic downturn and have lived to tell the tale is Tandragee-based, Rapid International Ltd. Rapid International Ltd are recognised as one of the world's leading manufacturers of concrete pan and planetary mixers, mobile plants, concrete batching plants and mixer washout systems. They supply to the concrete, construction and environmental industries. This year Rapid are proud to be celebrating four decades of engineering excellence.
Tuesday 29 September, 2009 02:31 PM
 

Make small business work to stimulate economy

 
In most developed economies , small businesses play an essential role in overall economic growth. In the United States, for example, small business contributes about 50 percent of the private, nonfarm gross domestic product (GDP), according to research conducted by the US Small Business Administration (SBA).
Monday 28 September, 2009 12:50 PM
 

Industrialist gives half his company to dedicated staff

 
With no direct interest from family members to eventually assume control of his company, Industrial Conveying’s MD, Don Erskine, has handed over half the assets of the company to his loyal staff.  
Wednesday 23 September, 2009 10:52 AM
 

Developing breakthrough capability to achieve the "impossible" in organizations

 
A significant advance in the field of Organization Effectiveness has been made that enables breakthrough performance improvements to be achieved in very short periods of time. The advance essentially is the result of synthesizing those elements of a number of leading organizational methodologies that provide large impact and/or fast impact. The improvements can be made in a way that positions the organization for successfully making systemic and lasting change and ongoing performance improvement.
Sunday 20 September, 2009 11:31 AM
 

German Political Leaders Debate Nuclear Plant Phaseout

 
German Chancellor Angela Merkel debated with her Social Democratic Party challenger (and current coalition partner) Frank-Walter Steinmeier. Though most of the debate indicated broad areas of relative agreement on issues and some amount of pride from both on the country's accomplishments in many areas, they differed on the issue of whether or not to press forward with the scheduled phase out of the country's existing 17 nuclear power plants.
Thursday 17 September, 2009 12:33 AM
 

Can the Future Be Built in America?

 
The manufacturing exodus from the U.S. is accelerating, but smarter tax policies, low-cost loans, and industrial zones may help keep factories at home
Friday 11 September, 2009 09:23 AM
 

Free Document Management Solution Aimed at Engineering Industries

 
A new Portuguese-based document management software provider has come up with what has to be one of the cheapest — if not the cheapest — product on the market.
Thursday 10 September, 2009 02:41 PM
 

Manufacturing: Make or break?

 
The shift of manufacturing to low-wage parts of the world was supposed to usher in an era of well-paid service sector jobs. But as the factories have gone dark, much of the work connected to R&D has also taken flight while the number of low-paid service jobs has mushroomed. Now postindustrial economies are reconsidering the importance of their manufacturing sectors
Tuesday 8 September, 2009 09:39 AM
 

Chinese domestic carmakers racing toward IPOs

 
China's domestic automakers are going head-to-head with foreign brands to win new customers and increase market share.
Today cars such as BYD, Chery and Geely help Chinese brands account for nearly one-third of annual passenger vehicle sales in China.
While the contest to win more sales plays out in a very public forum - at the more than 7,000 car dealerships splashed across China - another competition is heating up beyond the gaze of the average Chinese consumer.
Tuesday 8 September, 2009 12:44 AM
 

Lord Mandelson launches a strategy for 'Advanced Manufacturing' in the UK

 
The Rt. Hon. Lord Mandelson, Secretary of State for Business, Innovation & Skills, spoke at the end of last week as he launched a new 'Advanced Manufacturing' stragegy for the UK. This is what he said:
Thursday 3 September, 2009 07:02 PM
 

Power Sports Factory Announces Strategic Partnership with Boyesen Engineering

 
Power Sports Factory, Inc . , announced today that it signed a letter of intent with Boyesen Engineering. The two companies have agreed to form a new wholly owned subsidiary of Power Sports Factory to design, manufacture and distribute all-new proprietary products and exclusively market all patented engine technologies owned by Boyesen Engineering. Additionally, the companies will cross-market existing core products into their established distribution channels.
Wednesday 26 August, 2009 08:43 AM
 

Beijing's Olympic Legacy

 
The pace of change for most established nations is often slow, but the catalyst for change can sometimes seem to be instantaneous.
And so it was in many ways last year for Beijing.
It was two weeks that forever shaped the future of the Olympic movement and put China's bustling, exciting and intriguing capital steadfastly in, and in many ways above, the company of the great cities of the world that have hosted the Summer Games.
Sunday 23 August, 2009 09:01 AM
 

Where are the Opportunities for Investors with Electric Powered Cars?

 
Speculation on the prospects for electric cars and their impact on the world’s economies make for interesting chatter. As China, the U.S. and European governments step up their stimulus programs to encourage electrification of vehicles, investors are starting to take notice. The question is which industries offer the best investing opportunity.
Friday 21 August, 2009 10:06 AM
 

Preventing An American Brain Drain

 
Inventive imaginations drive product innovation. That’s the way Philip Remedios sees it. In the latest PD&D Fireside Chat, the principal and director of design and development at BlackHägen Design questions what America is going to do to safeguard our future as the world's top innovator?
So what’s the problem? According to Philip, we could start here:
    •    Too much technology is traded overseas for cheap manufacturing and commodity engineering.
    •    Exciting ideas are thrown by the wayside by clients who lack this critical quality, or are too risk-adverse to be pioneers in their field. 
Thursday 20 August, 2009 10:59 AM
 

India Inc cashes in on slowdown to save cost

 
The economic crisis has turned out to be a blessing in disguise for many Indian companies that bought expensive overseas assets when the financial markets were at their peak. All companies have cut operational costs, laid off workers and reset their debt covenants to cash in on an opportunity from the downturn.
Monday 17 August, 2009 03:04 PM
 

Boeing engineers seek credit for fixing goofs

 
Boeing’s engineering union is pressing the aerospace giant to track the amount of time local engineers spend reworking the mistakes of “outsourced” engineers.
Sunday 16 August, 2009 11:07 PM
 

Who Will Dominate Offshoring in 2020?

 
What will happen to India's share of global IT and BPO market by 2020?
Dropping market share is one of scenarios that we have projected by 2020 if India chooses not to release the capacity in its education system.
India produces about three million graduates a year. The entire offshoring industry across IT and BPO is 2.1 million people, so clearly there're enough graduates – the real issue is the suitability of candidates. Effectively we are using a tenth of our workforce that is suitable for this industry. If that trend continues you will have a shortage of suitable talent.
Sunday 16 August, 2009 03:02 PM
 

Crisis situation: We need more engineers

 
It would be very easy to talk about the global recession, everyone does, but National Instruments’ co-founder Jeff Kodosky wanted to talk about a different crisis during his Wednesday morning keynote: The shortage of engineers and scientists.
Thursday 6 August, 2009 02:36 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