News international

Companies

U.K.

Big banks are getting slimmer

The U.K.'s five-largest banks including Royal Bank of Scotland and Lloyds Banking Group have eliminated more than 103,000 jobs since 2008. That's about 11 percent of their combined global workforces from the end of 2008 through 2010, according to...[more]

 
LVMH

Champagne production in China

Europe's richest man, LVMH chair Bernard Arnault is targeting Asia, the fastest-growing market for the conglomerate's brands, which include Louis Vuitton, Christian Dior and Givenchy. His champagne maker Moët Hennessy for example will plant its...[more]

 
Silicon Valley

War for talent

Companies like Facebook, Google and Zynga are so hungry for the best talent that they are buying start-ups to get their founders on board. Some technology blogs call the move "being acqhired". The companies doing the buying say it is a talent...[more]

 
Daimler, T-Mobile and Siemens

The most important German brands in the U.S.

According to the German American Chambers of Commerce Daimler has benefited from last year's boom in demand for premium automobiles in the United States. With a sales increase of over 22 per cent Daimler ranks first in the new Top 50 Ranking of...[more]

 
Railway

Siemens and Bombardier to build trains for Deutsche Bahn

German state-owned railway operator Deutsche Bahn and engineering conglomerate Siemens AG confirmed a six billion euro deal for the delivery of high-speed trains. Deutsche Bahn will order up to 300 so-called IC trains from Siemens by 2030 in several...[more]

 
Australia

Guide for future miners

Want to go digging for gold in Australia? 'The Inside Guide' is comprehensive free online tool for those seeking a start in Australia's lucrative mining, oil and gas and construction related sectors. Created by online employment information website...[more]

 
Goldman Sachs

Partners lose their powers

When investment bank Goldman Sachs went public 12 years ago, an elite group of 221 executives controlled the strategy and shares of the investment bank. But today the wishes of the partnership have given way to the demands of the outside...[more]

 
Amtrak

Two billion dollars for railways

Amtrak and 15 of the federal states in the American union will share two billion dollars in U.S. grant money aimed at developing high speed rail in the heavily travelled Northeast, California and the Midwest, announced the Obama administration. The...[more]

 
New Jobs in UK

Huawei makes outsourcing go west

Chinese telecommunications equipment maker Huawei Technologies will double its work force in the UK to 1,000 over the next three years, highlighting its growing ambitions to expand in developed markets. [more]

 

News Corp. to cut more Myspace jobs

News Corp's Myspace might lay off more employees in conjunction with a deal to sell the social media and entertainment site, according to the Wall Street Journal. The layoffs would be the second staff reduction at Myspace this year. In January, the...[more]

 
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