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Polly Peck
Polly Peck International (PPI) was a small British textile company which expanded rapidly in the 1980s and became a constituent of the FTSE 100 Index before collapsing in 1991 with debts of £1.3bn, eventually leading to the flight of its CEO, Asil Nadir to Northern Cyprus in 1993. Polly Peck was one of several corporate scandals that led to the reform of UK company law, resulting in the early versions of the UK Corporate Governance Code. On 26 August 2010 Nadir returned to the UK to try to clear his name. Prosecutors alleged that he stole more than £150m from Polly Peck and he faced trial on 13 specimen charges totalling £34m. Nadir was found guilty on 10 counts of theft totalling £29m. On 23 August 2012 at the Old Bailey he was sentenced to 10 years in prison. History Beginnings Polly Peck began in 1940 as a small fashion house, founded by the husband-and-wife team of Raymond and Sybil Zelker. The clothes were designed by Sybil, and the business end was handled by Raymo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronics
The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification and rectification, which distinguishes it from classical electrical engineering, which only uses passive effects such as resistance, capacitance and inductance to control electric current flow. Electronics has hugely influenced the development of modern society. The central driving force behind the entire electronics industry is the semiconductor industry sector, which has annual sales of over $481 billion as of 2018. The largest industry sector is e-commerce, which generated over $29 trillion in 2017. History and development Electronics has hugely influenced the development of modern society. The identification of the electron in 1897, along with the subsequent invention of the vacuum tube which could amplify and rectify small ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE 100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market capitalisation. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group. Overview The index is maintained by the FTSE Group, now a wholly owned subsidiary of the London Stock Exchange, which originated as a joint venture between the ''Financial Times'' and the London Stock Exchange. It is calculated in real time and published every second when the market is open. The FTSE 100 Index was launched on 3 January 1984. The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. The total market value of a company is calculated by multiply ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Del Monte Foods
Del Monte Foods, Inc (trading as Del Monte Foods) is an American food production and distribution company headquartered in Walnut Creek, California. Del Monte Foods is one of the country's largest producers, distributors and marketer of branded processed food for the U.S. retail market, generating approximately $1.8 billion of annual sales. Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Fruit Burst, Fruit Naturals, Orchard Select and SunFresh. Greg Longstreet is the current Chief Executive Officer of the Del Monte Foods. Several Del Monte products hold the number one or two market share position. The company also produces, distributes and markets private-label food. In 2014, Del Monte Foods, Inc. was acquired by Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. The pet food division of Del Monte Foods, Inc. was not part of the deal and continued to operate as a separate company under the name Big Heart Pet Brands, Inc. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sansui Electric
was a Japanese manufacturer of audio and video equipment. Headquartered in Tokyo, Japan, it was part of the Bermuda conglomerate (from 2011). The company was founded in Tokyo in 1947 by Kosaku Kikuchi, who had worked for a radio parts distributor in Tokyo before and during World War II. Due to the poor quality of radio parts Kikuchi had to deal with, he decided to start his private radio part manufacturer facility in December 1944 in Yoyogi, Tokyo. He picked transformers as his initial product line. Kikuchi's thought was "Even with higher prices, let's make the higher quality of products."tube-amps.net 2015-01-02, Sansui in Early Days retrieved 2020-04-23. In 1954 manufacturing Pre-Amp, Main-Amp kits, as well as finished amplifiers which used tubes, was started; in 1958 Sansui introduced ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell Hobbs
Russell Hobbs is a British manufacturer of household appliances. Formed in 1952 by William Russell and Peter Hobbs, it became the primary kettle maker in the United Kingdom marketplace in the 1960s. Subjected to many corporate acquisitions through its history, its head office is currently sited in Failsworth, England, having moved its manufacturing operation to East Asia. Company formation After serving with the British Army's REME in World War II, William Russell (22 July 1920 – 16 February 2006), from High Wycombe, joined home appliance manufacturer Morphy Richards and helped to design a pop-up toaster, an electric iron and a hairdryer, when working as Chief Development Engineer. Peter Hobbs (3 May 1916 – 11 April 2008), from Tunbridge Wells, was a major during the war in the Royal Engineers, and he also worked for Morphy Richards, as manager of the South African division of the company. He had returned to the UK in 1952, after a disagreement with Charles Richards ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GoldStar
GoldStar was a South Korean electronics company established in 1958. The corporate name was changed to LG Electronics and LG Cable on February 28, 1995, after merging with Lucky Chemical. LG Cable was spun off from LG Electronics and changed its name to LS Cable in 2005. Manufacturing GoldStar manufactured a wide variety of products, including radios, televisions, air conditioners, MSX home computers, LCD games, videocassette recorders, video and audio cassette tapes, microwave ovens, electronic typewriters, integrated circuits, escalators, elevators, dehumidifiers, and tractors. GoldStar televisions became a commonly sold brand of consumer television sets in the United States in the 1980s. GoldStar Precision was a division manufacturing electronic test equipment such as multi-meters and oscilloscopes and industrial electronics. The name was changed to LG Precision with the merger, with many of the same products and model numbers being produced but with new branding. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Akai
Akai ( ja, 赤井, ) is a Hong Kong manufacturer of consumer electronics. It was founded as Akai Electric Company Ltd in Tokyo, Japan, in 1946. Grande Holdings in Hong Kong purchased the Akai brand, and now distributes various electronic products such as LED TV, washing machines, clothes dryers, air conditioners and smart phones, through collaborations with other electronics companies bearing relevant expertise. inMusic Brands in the United States took over Akai's brand, starting the ‘Akai Professional’ label, that distributes high-end audio electronics products. Corporate history Akai was founded by Masukichi Akai and his son, Saburo Akai (who died in 1973) as , a Japanese manufacturer in 1929 or 1946. Although reliable sources are not yet found, according to the several sourceskotobank.jp :ja:Akai Professional), Masukichi Akai established ''Akai Press Industry'' in 1923, then his son, Saburo Akai established ''Akai Electric Company Ltd.'' in 1946, and Masukichi served ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washing Machines
A washing machine (laundry machine, clothes washer, washer, or simply wash) is a home appliance used to wash laundry. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids and is performed by specialist businesses) or ultrasonic cleaners. The user adds laundry detergent, which is sold in liquid or powder form, to the wash water. History Washing by hand Laundering by hand involves soaking, beating, scrubbing, and rinsing dirty textiles. Before indoor plumbing, individuals also had to carry all the water used for washing, boiling, and rinsing the laundry from a pump, well, or spring. Water for the laundry would be hand carried, heated on a fire for washing, then poured into the tub. That made the warm soapy water precious; it would be reused, first to wash the least soiled clothing, then to wash progressively dirtier laundry. Removal of soap and water from the clothing after washing was a separate process. Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microwave Ovens
A microwave oven (commonly referred to as a microwave) is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer of a homogeneous, high-water-content food item. The development of the cavity magnetron in the UK made possible the production of electromagnetic waves of a small enough wavelength (microwaves). American engineer Percy Spencer is generally credited with inventing the modern microwave oven after World War II from radar technology developed during the war. Named the "Radarange", it was first sold in 1946. Raytheon later licensed its patents for a home-use microwave oven that was introduced by Tappan in 1955, but it was still too large and expensive for general home use. Sharp Corpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Videocassette Recorder
A videocassette recorder (VCR) or video recorder is an electromechanical device that records analog audio and analog video from broadcast television or other source on a removable, magnetic tape videocassette Videotape is magnetic tape used for storing video and usually sound in addition. Information stored can be in the form of either an analog or digital signal. Videotape is used in both video tape recorders (VTRs) and, more commonly, videocasset ..., and can play back the recording. Use of a VCR to record a television program to play back at a more convenient time is commonly referred to as ''timeshifting''. VCRs can also play back prerecorded tapes. In the 1980s and 1990s, prerecorded videotapes were widely available for purchase and rental, and blank tapes were sold to make recordings. VCRs declined in popularity during the early 2000s and in July 2016, Funai Electric, the last manufacturer of them ceased production. History Early machines and formats The h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
