private firms
Coverage of private firms in the Nexus archive.
- Venezuela’s New Oil Rulebook Runs 29 Pages and Never Says PDVSA
Venezuela published a 29-page regulation implementing its January oil-law reform, which notably omits PDVSA, the state-owned oil company. The regulation allows private firms to operate from the wellhead, marking a shift in the country's oil industry structure.
- The Chip Enclosure: How Pax Silica Walls Off China One Quiet Signature at a Time
The article discusses the deliberate fragmentation of the global chip industry, highlighting Italy's participation in Pax Silica and China's private firms facing ongoing credit restrictions.
- APSRTC JAC demands cancellation of e-bus tenders awarded to private firms
APSRTC JAC is demanding the cancellation of e-bus tenders awarded to private firms. Additional demands include filling 10,000 vacant posts, purchasing 4,000 new buses, resolving issues from the Stree Shakti scheme, clearing pending PRC and DA arrears, and establishing the 12th PRC.
- NHS spends record £241m outsourcing scan analysis to private firms
The NHS is spending a record £241 million outsourcing CT and MRI scan analysis to private firms due to staffing shortages and hospital capacity issues. Radiologists criticize the 'ballooning' costs as a result of systemic failures to train enough doctors, leading to reliance on lower-quality private reports.
- Private firms providing services to NHS made £1.6bn profit in two years, research finds
Private firms providing services to the NHS generated £1.6bn in profits over two years, according to research. MPs criticized the 'scandalous' profit levels, calling for a cap on private sector earnings, with £2bn of contracts going to UK-based firms and £533m to tax haven-based companies. £353m was used to pay debt interest by firms, including private equity outfits.
- Taxpayers shelling out £800 a MINUTE in disability benefits to people claiming to suffer from 'anxiety' - as private firms cash-in by coaching claimants in exchange for half their payout
Taxpayers are paying £800 per minute in disability benefits for anxiety claims, with private firms profiting by coaching claimants for half their payouts. The article highlights systemic misuse of public funds and private exploitation of the disability benefits system.