Airbus’s parent company, EADS, has seen a shocking 39% fall in quarterly profits. Last year in January, the profits went as high as 170mn a year whereas this January, profits went down to 103m euros.
These figures included a 7mn profit for the Airbus commercial planemaking unit. One of the supposed reasons for the down turn [...]
Ever since the elections, the conservatives were always essentially in the lead, even though initially the election was a hung government. Labour were second best, with Lib Dems in third and others last.
Due to the Lib Dem’s fifty one seats, the conservatives couldn’t win outright. In the end, Gordon Brown, the leader and up until [...]
Nike, he US worldwide known sportbrand is in plans to build a ‘Nike park’ in Tokyo. This has come under criticism though. Nike paid the local authorities of Shibuya, the area in which the park is to be built, 17mn yen a year for a decade, for naming rights.
The plan is to turn the current [...]
Although the Icelandic volcano Eyjafjallajokull’s eruption lasted a whole week, it hasn’t surprisingly affected the climate. The ash clouds as of a reaction of the eruption created havoc for air travel, preventing and delaying many holidays for millions of people worldwide.
The ash hasn’t had an effect on the climate though, which is a relief for [...]
A recent volcanic eruption in Iceland has spread lots of ash into the sky, preventing a high level of travel in the air. It has also effected the revenue of global airlines. The total amount of money lost due to the ash clouds has believed to have reached £1.1bn.
The International Air Transport Association (IATA) has [...]
There are two different types of business in the market, the first being a ‘chain’ business, and the other a local business. A chain business is otherwise a public business (i.e. including supermarkets such as Tesco, Sainsbury’s etc), whereas a private business are otherwise known as private business’s (i.e. individual shops which don’t have a [...]
When looking into setting up a business, one must set targets in order for that business to be successful. There are many targets, but the most important targets (primary targets) include: what business type you are setting up and the financial cost of that business, the assumed income, mass and monthly for the income, how [...]
Cadbury, the nationwide chocolate food chain, have been taken over by Kraft. Although this isn’t recent news, the fact that Kraft have transferred a factory from England, to Poland, is. Over 400 jobs have been lost due to the transfer of the Cadbury’s factory in Somderdale, and MP’s have slammed Kraft for this particular bit [...]
A business, to be successful, has to have the right amount, and correct type of advertising. The funding for the advertisement usually has a direct outcome on how the advertisement will come across to the general public. Advertisements can include: newspaper articles, billboard displays, posters, leaflets and most commonly, television adverts. Secondly, having the right [...]
A business takeover is where a large, successful and largely financial business, looks to buy a business in recession, or in financial turmoil. There are several reasons as to why business’s are bought, including: the franchise the ‘in-trouble’ business sells is successful, there will be a much larger base for the successful business to operate [...]
