Financial Times: Siemens boosted by jump in new orders Europe's largest engineering company beats market estimates in its fiscal third quarter with a record operating profit, underlining the strength of the global industrial recovery Financial Times: Third-party agents still used by GE The group says it is still making 'limited' use of intermediaries and that it has 'disciplined' employees involved in SEC allegations that its subsidiaries bribed Iraqi officials between 2000 and 2003 Financial Times: GE pays $23.5m to settle with SEC General Electric has agreed to pay $23.5m to settle allegations from US regulators that its subsidiaries bribed Iraqi officials to win contracts under the UN Oil for Food Programme between 2000 and 2003 Financial Times: GE raises dividend in show of strength General Electric unexpectedly increased its quarterly dividend by 20 per cent in an effort to show that the diversified industrial conglomerate is over the worst of the financial crisis and confident about the future. Financial Times: Ford profits hit six-year high Detroit's number-two carmaker reports its fifth profitable quarter in a row and its highest profit in six years, with second-quarter net income of $2.6bn, up from $2.3bn a year earlier Financial Times: Syngenta Investors take note: Syngenta's genetically engineered seed sales have grown almost fivefold in the past seven years Financial Times: Volvo enjoys 'gradual recovery' in demand World number-two truckmaker delivers forecast-beating second-quarter earnings, due to a pick-up in truck demand, cost cuts and growth in its construction division Financial Times: US manufacturers bullish on earnings A clutch US industrial companies have improved their earnings outlook for the year and reported increased second-quarter revenues, suggesting an underlying strength to the manufacturing economy Financial Times: Narrow-body sales dominate aircraft orders Companies signing the biggest cheques at the Farnborough air show were leasing companies ordering the smaller single-aisle jets favoured by budget airlines Financial Times: GKN raises interim profits forecasts Shares in GKN jumped by 9% after the aerospace and auto parts maker said it expected interim profits to beat expectations Abertis Kazakhgold agrees $9bn Polyus deal Horizon has other deals in its sights Miners face further short term volatility Sales improve at Electrocomponents Toyota forecasts 6% rise in global sales Clansman's staff take co-operative approach Slideshow: Antwerp's GM plant Tata Steel knocked by slowdown Tata strained by UK acquisitions

Financial Times - Companies - Basic Industries Financial Times - Companies - Basic Industries View source archive --> Search this source --> ·Siemens boosted by jump in new orders Europe's largest engineering company beats market estimates in its fiscal third quarter with a record operating profit, underlining the strength of the global industrial recovery ·Banks agree additional funding for Connaught The troubled social housing maintenance company, which had warned that it was in urgent need of additional funding, has agreed an additional £15m short-term overdraft facility with its bankers ·Fiat's Marchionne demands union guarantees The carmaker's chief executive raises the stakes in his dispute with Italy's labour unions by demanding productivity guarantees before going ahead with plans to invest €20bn in its home country ·Michael Page is winning the 'war for talent' Steve Ingham, chief executive of Michael Page International, says that the frequency of movement between jobs has fuelled the recruitment industry out of recession ·ArcelorMittal warns on pace of global upturn ArcelorMittal, the world's biggest steelmaker, announces a 146 per cent rise in underlying profits in the second quarter but expects profits to fall in the next quarter ·Rexam rebound marred by Coke contract jitters A return to profit at the world's biggest maker of beverage cans has been clouded by market concerns about negotiations with Coca-Cola in North America ·Morgan Crucible draws strength from revamp Demand in emerging markets helps boost the British industrial group, which sounded a cautiously upbeat tone for the rest of the year after its pre-tax profit for the first half more than doubled to £32m ·Third-party agents still used by GE The group says it is still making 'limited' use of intermediaries and that it has 'disciplined' employees involved in SEC allegations that its subsidiaries bribed Iraqi officials between 2000 and 2003 ·Peugeot swings back into profit French carmaker targets full-year recurring operating income of €1.5bn after first-half sales surged and it swung back to profit ·GM and Nissan sound the charge for electric cars Carmakers unveil initiatives leading up to the roll-out of competing models this year, with range anxiety high on the list of hurdles to acceptance

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