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OTIS WORLDWIDE
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...- Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
- Kraft Heinz to split: Some of the biggest splits in corporate AmericaKraft Heinz will split into two listed companies to manage volatile demand and rising costs, joining a wave of major US corporate break-ups...
- More stringent rules needed to make lifts safer in India: Otis CEOOtis is expanding its manufacturing capabilities in India. India is Otis's fastest-growing market. The company aims to meet the rising dema...
- Hurricane Erick doubles in power overnight, 120mph winds aim straight for Acapulco, still haunted by hurricane OtisHurricane Erick, a Category 3 storm, is headed towards southern Mexico. It packs winds of 120 mph. The storm is expected to make landfall o...
- The stocks, bonds and currencies investors are watching during the Trump-Harris debateInvestors are increasingly jittery ahead of the first US presidential debate between Kamala Harris and Donald Trump. Volatility measures ar...
- Industries Minister MB Patil says Toyota with Karnataka as automakers big ticket investment in Maharashtra sparks concernsThe company may have chosen to invest in Maharashtra as part of its expansion plans, influenced by favours such as logistics. It was natura...
- Godzilla x Kong: The New Empire: Here’s confirmed streaming release date, where to watch, plot, cast and crewGodzilla x Kong: The New Empire streams on Max from July 4. The film, directed by Adam Wingard, follows Godzilla and Kong as they unite to ...
- Hurricane Otis: How did the hurricane gain strength so fast? Here’s what happenedThe unexpected surge in Hurricane Otis made it the second fastest-intensifying hurricane in recent history, as documented by the National H...
- Some of the biggest splits in corporate AmericaMedtronic, the medical device maker plans to spin off its patient monitoring and respiratory interventions businesses into a new company, j...
- Creative Arts Emmys Night 1: Who won what? Here’s the complete listThe Microsoft Theatre in Los Angeles is hosting the event, and the first night got underway on Saturday, when the first of the many trophie...
- Beloved children's author Beverly Cleary passes away at 104The author wrote her first book 'Henry Huggins', which was published in 1950.
- Swiss liftmaker Schindler to cut 2,000 jobs as coronavirus paralyzes projectsSchindler's net profit totaled 313 million Swiss francs ($338.45 million), the company said in a statement, down from 436 million a year ag...
- Otis Elevator signs agreement with Mantri Developers“Mantri is a well-respected, future-focused developer and we are delighted with this agreement,” said Sebi Joseph, president, Otis India.
- Indian aviation's next round of growth to come from regional connectivity: Palash Roy Chowdhury, MD (India) of Pratt & WhitneyIndia is looking to develop its regional transport aircraft and NAL is trying to address this niche market with a 100-seater aircraft, Pala...
- United Technologies to acquire Goodrich in $18.4 bn dealIn a move that would bolster its global presence, United Technologies will snap up Goodrich Corp in a USD 18.4 billion deal.
- United Tech expects double-digit growth from IndiaUnited Technologies, a diversified company operating in areas such as aerospace systems, air-conditioning, elevators and fire and security ...
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