Meet the oil man who is toughing out the harsh new era of low prices May 31, 2009 THE CHIEF executive of oil services business Wood Group Allister Langlands is in remarkably relaxed mood for a man who has seen oil plummet from $147 (£91) a barrel last July to around $65 currently, with all the mothballing of lucrative new projects a slump like that brings. The Aberdeen-based firm may have posted an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 21, 2009 FINANCIAL TIMESCORUS CHIEF SCRAMBLES TO RESCUE FACTORY DEALCorus chief Kirby Adamsm who took over at the Anglo-Dutch steelmaker last month, faces both the worst fall in steel demand for 60 years and a battle to salvage an agreement to sell the group’s Teesside plant to Marcegaglia. It has emerged that Marcegaglia is having second thoughts [...]
Briatore: F1 row must be solved ‘at all costs’ May 14, 2009 RENAULT boss Flavio Briatore insists a solution to the row over new rules for 2010 must be achieved “at all costs” when F1 chiefs meet for crisis talks in London today. Toyota, Red Bull, Ferrari and Renault have all vowed to quit the sport at the end of the season unless plans for a voluntary [...]
ABI: Darling must end ‘ill considered’ taxes July 24, 2008 Chancellor Alistair Darling must put an end to “ill-considered” tax measures and create greater tax certainty to enable British businesses to compete internationally and encourage investment from overseas, according to the Association of British Insurers (ABI). A report published today puts forward a series of proposals that it thinks will help see Britain through the [...]