Fosun on the hunt despite share price dip

China conglomerate continues search for more ‘pearls’

Minister slams Combes Alcatel-Lucent exit

Emmanuel Macron calls former CEO’s departure ‘unacceptable’

Ashstead Plant Hire : A-Plant is one of the UK’s largest plant, tool and equipment hire companies, hiring a vast range of non-operated equipment, from power tools, cement mixers and accommodation units to excavators, compressors, scissor lifts and other types of equipment for industry and construction in the film and TV industry.

Construction revival feeds Ashtead profit

Tool hire group fares better than rivals Speedy Hire and HSS

UK car dealers: nice little runner

The changing motor industry looks like good value

VW to extend Winterkorn’s mandate to 2018

Plan to prolong CEO’s contract ends power struggle at group

US car sales better than expected

Ford, Fiat Chrysler and GM buck predictions for a decline

Ambush, the second of the Royal Navy’s potent new Astute Class attack submarines, sails into Her Majesty’s Naval Base Clyde in September 2012 to begin sea trials. The 7,400 tonne submarine sailed from the shipyard in Barrow-in-Furness in Cumbria, where she was built, to HMNB Clyde in Scotland. The seven Astute Class boats planned for the Royal Navy are the most advanced and powerful attack submarines Britain has ever sent to sea. They feature the latest nuclear-powered technology, which means they never need to be refuelled and can circumnavigate the world submerged, manufacturing the crew’s oxygen from seawater as she goes. Minister for Defence Equipment, Support and Technology Philip Dunne said: “Ambush’s arrival at her home port to begin her sea trials marks a key milestone in the Astute Class submarine programme and is testament to the skills of those involved in the UK’s world class submarine building industry. "Ambush is an immensely powerful and advanced vessel that will deliver an important capability to the Royal Navy giving it the versatility and technical excellence needed to operate successfully across the globe." The Astute Class is quieter than any of her predecessors and has the ability to operate covertly and remain undetected in almost all circumstances despite being fifty percent bigger than the Royal Navy’s current Trafalgar Class submarines. The boat’s Commanding Officer, Commander Peter Green, said: “It was very satisfying bringing Ambush into her home port for the first time after initial sea trials. The ship’s company and I are now looking forward to putting her through her paces over the coming months, ensuring that she is one step closer to being deployed on operations.”

BAE Systems: holding its breath

Contractor’s rating belies improving UK and US defence outlook

GE set to secure approval for Alstom deal

Brussels expected to clear transaction after GE made concessions

Sue O'Brien

Ridgeway hires board diversity campaigner

Former Norman Broadbent chief Sue O’Brien chosen

Palmer’s Mineralogy sues Citic for A$10bn

Australian tycoon intensifies legal battle with Chinese group

Toshiba delays earnings report once more

Group unable to close books due to accounting irregularities

Boeing: Safety demonstration

Cumulative cash losses on Dreamliner programme have hit $30bn

Osborne hails Scottish investments

SNP denounces chancellor’s arrogance over Faslane spending announcement

Infineon could be takeover target, says CEO

Ploss says chipmaker has attractive products for cars

China to form top aluminium producer

Asset transfer plan would vault Chinalco above Rusal and Alcoa

Premium carmakers see China drama ahead

Analysts say sales fall will mean luxury brands warn on profits

Suzuki aims to buy back VW’s stake

German carmaker ordered to sell 19.9% holding in Japanese group

Fuganto Widjaja, Sinar Mas: a new start

Founder’s grandson plans to modernise the family conglomerate

Airlines invest in DIY to improve services

Groups including BA trial permanent electronic bag tags to reduce queues

Small-cap Week, August 29

SkyePharma, Tavistock, Oxaco, and MTI Wireless Edge featured

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