ABB CEO Rosengren Outlines Decentralization Plan
ABB’s new Chief Executive Bjorn Rosengren is determined to decentralize the Swiss engineering group to improve its performance, he told Swiss newspaper Neue Zuercher Zeitung in an interview.The company, whose products range from circuit breakers to electric motors for ships, has been weighed down by a business model that was too complicated, said the former Sandvik boss who took over in March.“I do intend to further decentralise…
Carnival Cruise Ships Rendezvous to Repatriate Crew Members
Eighteen Carnival Cruise Line ships rendezvoused in The Bahamas over the past several days in line with plans to sail nine of the ships to repatriate more than 10,000 healthy crew members who have remained on board after the cruise line suspended operations due to the coronavirus pandemic.The ships have been at various U.S. homeports provisioning supplies and bunkering fuel for their journeys, and their crews stuck on board due to restrictions limiting air travel to Asia…
