Search Results for: America

BY ANDREW CAVE and KARRYN MILLER

FACING a looming energy crisis, the battle to produce lithium ion batteries to power hybrid and battery cars is heating up. Germany’s Robert Bosch and Samsung of South Korea recently formed a joint venture SB LiMotive Co to compete with the likes of BorgWarner, Johnson Controls, TRW and Continental.…

BY WANG FANGQING

THE HONGHE Group and the Hongyun Group, the two major Chinese tobacco companies located in the key tobacco-growing Yunnan province have recently (WHEN EXACTLY?) submitted a merger agreement to the State Tobacco Monopoly Administration (STMA), the Beijing-based industry watchdog.…

BY JOSEPH GOLDSTEIN

EMPLOYEES of the big four accountancy firms are almost twice as likely to donate money to Barack Obama’s presidential campaign than to John McCain’s. A search of campaign contribution database at OpenSecrets.org shows nearly 640 employees at the big four have contributed to Senator Obama’s campaign, while only 326 employees have donated to Senator McCain.…

BY MARK ROWE

THE CHOCOLATE giant Mars has begun work on sequencing the cocoa genome, a move that it says could dramatically improve the health and yields of cocoa growers around the world, guaranteeing food manufacturers with more reliable and high quality supplies.…

BY JOSEPH GOLDSTEIN

AS the US presidential election draws nigh, speculation is mounting about who may replace Christopher Cox as the next chairman of the Securities and Exchange Commission (SEC).

One name in the frame is Andrew Cuomo, the attorney general of the state of New York.…

BY ROEL CAMPOS

ONE can expect that the next United States administration, whether McCain or Obama, will address as a high priority the overall US financial regulatory structure. Two specific issues that will require immediate attention are fair value accounting and whether to adopt International Financial Reporting Standards (IFRS).…

BY JOSEPH GOLDSTEIN

THE ACCOUNTANCY profession in the United States might think its day of reckoning came and went in 2002. But those who thought that the Sarbanes Oxley Act was the final word in regulation for the accounting profession may be in for a rude surprise.…

BY ALAN OSBORN

INTRODUCTION

About 10 years ago the American distiller JB Wagoner decided to market a fiery liquor made from the cactus-like agave plants growing in the hills on his estate at Temecula in California. He called it "temequila." It soon became known as "the American tequila," proving indistinguishable in taste, texture and effect from the well-known Mexican drink.…

BY MARK ROWE

THE PSYCHOLOGY of colour has fascinated philosophers and scientists down the ages, so it is perhaps unsurprising that the world’s paint companies devote much of their time to working out why consumers prefer certain colours for certain everyday items – and why these tastes vary so much across the world.…

BY RAGHAVENDRA VERMA

AN INDIAN contract auto manufacturing firm has confirmed to just-auto that it is in negotiations with Chrysler about an outsourced manufacturing deal, and says it is busy retooling its plant to assemble larger vehicles.

Head of corporate communications for Argentum Motors Colonel Bhagwati Prasad Suman said talks were ongoing and that his firm was still in competition with other auto makers to seal the deal.…