Airbus has serious challenges after Boeing launched its new twinjet-derivative family of airliners at the Dubai Airshow in November and reports orders and commitments for 259 aircraft worth $95 billion.
Are Countries Finding it too Risky to Open Industries to Foreign Competition?
Citing India’s recent action of revoking Pfizer’s patent for its cancer drug Sutent and granting a domestic manufacturer, Cipla, the right to produce a generic version of the drug, Ian Bremmer of the Harvard Business Review, makes the case that globalization is taking a different turn.
Bremer argues that a “guarded globalization” is taking place as a result of the recession. Trying to protect markets, developing nations mostly, are being more careful as to what is open to foreign capital while simultaneously promoting specific state-owned industries.
Trying to protect markets, developing nations mostly, are being more careful as to what is open to foreign capital while simultaneously promoting specific state-owned industries.
Kennametal's Carlos Cardoso climbed the industrial ladder all the way from 'shop rat' to CEO. As he prepares for retirement, he remains hopeful that manufacturing can offer the next generation the same opportunities it offered him....More
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