P&G Chief Executive Pushes for Faster, More Regional Control
New CEO David Taylor told analysts Procter & Gamble must be more nimble and grant regional managers greater ownership to seize market opportunities. The company, facing six straight quarters of sales decline, is slimming its portfolio to faster growing brands and will limit talent moves to improve performance, especially in China where rivals have gained share.
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Bombardier Eyes More CSeries Orders After Air Canada Deal
Bombardier celebrates a 3.8 billion CSeries order from Air Canada as it seeks more buyers, with talks ongoing with United Airlines and other major U.S. carriers. The company aims to reach 300 firm orders before service entry, targeting Farnborough and the UK show with several near-final deals.
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