Fair trade deal

http://news.bbc.co.uk/1/hi/business/6400433.stm

Fairtrade, the probably most recognised trader with African nations, is after a 50 million pound investment. This large sum of money is equivalent to 1/6 of the money consumers spend on their products a year and could be a huge boost to a very popular and successful company. The raised awarness of 3rd world farmers and their low wages, and this has helped both them and Fair trade. A company I would be investing in if I could.

Airbus job cuts

http://news.bbc.co.uk/1/hi/business/6402859.stm

Airbus is now going to face major job cuts of 1,500 in the UK and another 8,000 over France and Germany. This is another blow to a struggling company which is having serious problems trying to make their flagship aircraft the A380 which was released last year. They seriously need to re evaluate how their business is running because they are loosing massive amounts of money trying to produce these aircraft and this is what is causing the job cuts and slow production

Toyota US factory plans

Toyota are planning to build a new car manufacturing plant in Mississippi after a boost of its US sales by 13%. This is a good move by a very promissing car company to begin to get a hold in the slippery American car sector. If they can continue their good progress the americans could end up loosing their big fords and chryslars as a stereotype. This will also provide great employment helping the unemployment levels in the state. This is also a great opporunity for Toyota as they are the first non american owned car company to start doing well in the states.

http://news.bbc.co.uk/1/hi/business/6399691.stm

Another downer on BP

http://news.bbc.co.uk/1/hi/business/6333959.stm

BP's has fallen into the proverbial litter tray of profit loss by losing 12% of it's income after an increase in health and safety and delcining price of oil. The higher spending on safety was after serious problems with their operating standards came under scrutiny after an explosion of a Texas refinery. For more infoemation on these see: http://jazzmanbuisness.blogspot.com/2007/01/bp-safety-procedures-criticised.html

If I was part of BP I wouldn't be worried for another few years there profits are still hovering around $4bn over 3 months mark and prices should be set to rise again soon as oil and gas runs out. Of course there will be a balance where the price and amount of oil being sold will equal each other out until people just can't afford it all and that is when BP will hit the fat.

They should be concentrating on moving into other sectors because if if they put all their eggs in one basket filled with unrenewable resources they will be screwed financially and as a business.