COMPANIES
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Capita sees rate of outsourcing slowing
UK’s largest support services group insists there was no let-up in the trend for businesses to outsource back office jobs, but the shares fell amid concerns over slowing rate of contract wins
UK Mail lifts profits
The postal and parcel delivery company has seen some uplift in business as consumers sought alternatives to Royal Mail’s service, but revenues fell as the recession dragged on demand
Bombardier chosen by SNCF
The Canadian train and aircraft maker confirmed that the French rail group had picked it as the preferred bidder for a contract to supply suburban and regional train sets
Case Studies: Made in Britain
Peter Marsh looks at the experiences of a servi-manufacturer, a high-value manufacturer and a virtual manufacturer, all companies striving to design and create better products
Oxford Instruments boosted by order book
The high-technology instruments group says first-half orders rose 37% after securing two large contracts for its superconducting wire from ITER, the international energy project
Renold raises £27m as chain demand slips
The Manchester-based industrial chain company, which also makes a range of gears and couplings, sees sales slip to £75.5m as its global customer base destocked parts and trimmed orders
Performance in Asia crucial for Caterpillar
With Caterpillar’s sales in other parts of the world having been pushed down by the economic downturn, its activities in Asia have taken on more importance
Taiwan regulator to probe Chi Mei trades
Taiwan Stock Exchange Corp has launched an investigation into apparent irregularities in the trading of shares in Chi Mei Optoelectronics before its merger with local rival Innolux Display
Mobile makers act to curb fake phones
A global mobile phone industry body attempts to rein in the rapid spread of illegitimate handsets by introducing a stricter regime for the allocation of handset ID numbers
Taiwan exchange launches probe into Chi Mei
Taiwan’s regulator launches a preliminary probe into apparent irregularities in the trading of Chi Mei Optoelectronics shares in the days before its $5.3bn merger with Innolux Display was unveiled





