A jailed Philippine senator claimed thousands of dollars in travel expenses while languishing in prison on rebellion charges, making him one of the most expensive lawmakers in the country. Antonio Trillanes, who stands accused of leading a failed 2003 coup against President Gloria Arroyo, was
Posts Tagged ‘spender’
Hey, big spender
November 20th, 2009 |
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Which firms spend most on R&D?
BIG carmakers and drug and technology firms devote the most cash to research and development, according to the European Commission’s latest tally. These types of business rely on developing new products or constantly updating old ones to compete for customers. Toyota was the world’s leading R&D spender in 2008. The Japanese carmaker increased its annual R&D budget by 7.6% to €7.6 billion ($10.6 billion), knocking Microsoft off the top spot. Worldwide R&D spending increased by 6.9% in 2008, having also grown by 9% in 2007.
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