When company owners prepare for a sale or transfer of leadership, they must be able to clearly and effectively communicate with the next generation about how to best steer the organization through these choppy waters.
Administrative costs of 2.4 billion euros (US$2.7 billion) are “clearly too high” and will be lowered by 400 million euros by September 2020, the company said.
Shell sees opportunities in hydrogen fuel-cells, liquefied natural gas and next-generation biofuels for air travel, shipping and heavy freight.
Apple’s accusations escalate a dispute with a supplier that has relied on its business for about 50% of its revenue.
While General Electric, and Merck and Sigma-Aldrich risk a fine of as much as 1% of annual worldwide turnover, Canon’s penalty could climb up to 10% of sales.
Volvo Car Group will introduce five electric models by 2021 and offer hybrid options across its product line.
The partnership will add to Renault’s operations in a market where competitors have a bigger presence.