LEX
Resources
Lex by email
Sign up
FT.com subscribers can now receive three email packages: Lex live, Lex alerts and Best of Lex
Principal content
Toyota profits drop
Toyota Motor is pulling on the brakes. The world’s second biggest automaker is forecasting a 29.5 per cent drop in operating profits this fiscal year as sales dip 5 per cent
ArcelorMittal and steel
Spot prices for the metal have leapt this year, in response to the dramatic increase in prices for coking coal and iron ore – the two main ingredients of steel
Potashtic
With potash inventories at record lows and supply lagging demand, Morgan Stanley expects delivered prices of the commodity – used in fertiliser, along with nitrogen and phosphorus – could hit $1,000 per tonne by the end of 2008
Weyerhaeuser’s loss
Should the paper and timber giant convert to a REIT?
ABB in emerging markets
On Thursday sector bellwether Atlas Copco reported a slow down in order growth during the first quarter. Yet ABB bucked the trend, beating expectations in all areas with its numbers
Philips’ test
For the Dutch conglomerate, 2008 could be the year that vindicates or calls into question its strategy of the past four years
Flying fertiliser
The fertiliser has hit the fan. Chemicals to boost crop yields are more important than ever. Arable land has become scarcer, compounded by the expansion of biofuel crops, while Asia’s farm-hands are deserting the land for cities
Adios Eiffage
Sighs of relief all round. Last week Sacyr Vallehermoso was let off an €8bn hook by a French court overturning a decision that would have forced the company to launch a cash bid for the whole of Eiffage
Staffing in a downturn
Staffing slowdowns can be sudden and savage, especially for recruiters focused on permanent hires of highly-paid professionals
Resilient US steel
So let’s get this straight. The US may already be in a recession, yet the price of hot-rolled coil steel has surged 40 per cent since the start of the year
