Industry Insights

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Could electric cars recharge US power industry?

19 October, 2014

With demand for electricity in steady decline, the US power industry is coming to a crossroads. In 2013 Americans used 2% less electricity than in 2007, and according to the Energy Information Administration, demand is projected to grow by less than 1% a year through 2040. Meanwhile homes with plug-in cars are using 58% more electricity. If providers partnered with plug-in electric carmakers, some analysts say, the industry could reinvent itself and rebound.


Glencore chief executive sets his sights on Rio Tinto

16 October, 2014

Ivan Glasenberg, Chief Executive of Anglo-Swiss mining giant Glencore, recently went public with his intention to build the world’s biggest mining conglomerate, having approached London-based Rio Tinto, the world’s second-largest mining company, about a merger back in July. With a combined market value of some $160 billion, the combined companies would create a formidable enterprise, equal to BHP Billiton, the world’s largest mining company.


CEO Meg Whitman taking the lead on HP split

14 October, 2014

Since becoming Chief Executive Officer of Hewlett-Packard in 2011, Meg Whitman has struggled to reinvigorate the company credited with putting Silicon Valley on the map. As recently as last year, she rejected proposals to spin off the PC business. HP’s new plan to split the company in two marks a reversal, which will create two of America’s biggest companies: a personal computer and printer business, and an enterprise hardware and service operation.


GM on the road to redemption

9 October, 2014

“Our strategic plan is a pathway to earn customers for life and create significant shareholder value in the process”, said General Motors CEO Mary Barra in a recent presentation to investors and analysts. Emerging from the worst safety crisis in its 106-year history, the American carmaker has outlined a strategy aimed at salvaging its tarnished image and portraying Barra and her management team as a new breed of GM executives.


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Ulf Bergström
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Katarina Brixéus
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Marie W. Corell
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Jessica Grönwall
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Per Z Haeggström
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