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Peugeot Cuts Jobs, Investment
Major French carmaker Peugeot announced €819 million in six-month losses on the day the French government launched a support plan for the industry. The company said that sales from January to June had...
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U.S. Manufacturing Soars to Nine-Month High in January
The U.S. manufacturing sector performed impressively well in January, shooting to its highest activity level in nine months amid availability of more jobs and new orders. On February 1, the Institute...
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Nortel Settlement with Disabled Former Employees Gets Preliminary Approval
Delaware bankruptcy court has granted preliminary approval of a settlement proposed by Nortel Inc for its disabled former employees over medical benefits that were being stopped as the failed telecom...
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Apple Might Be Worried about Samsung’s Investment in Sharp
Samsung has recently made an $111million investment into Sharp garnering a 3 percent stake in the company. Sharp happens to be one of the chief suppliers of Apple with it supplying LCD screens for some...
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NY ex-Madoff worker kept mouth shut as fraud grew
NEW YORK (AP) — In the many years he spent as a trader at Bernard L. Madoff Investment Securities LLC, David Kugel learned that investments that Madoff claimed to be making for clients were fiction....
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Barclays slashes thousands of investment banking jobs
A big cull of investment bankers has been announced at Britain’s Barclays. One in four jobs at its investment division are to go – that is 7,000 people. The post Barclays slashes thousands of...
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Africa maintains growth momentum despite security challenges
Africa is surging ahead with positive economic growth and macro-economic development across the continent. The post Africa maintains growth momentum despite security challenges appeared first on...
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Ed Miliband says accuses PM of negotiating with Pfizer
Ed Miliband has accused David Cameron of negotiating with Pfizer over the heads of the board of AstraZeneca.Report by Mewsec. The post Ed Miliband says accuses PM of negotiating with Pfizer appeared...
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The Prince of Wales speaks about reforming capitalism
The Prince of Wales has been speaking at a major conference about reforming capitalism saying we should choose to act now Report by Mewsec. The post The Prince of Wales speaks about reforming...
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Business Daily – Budget challenge for India’s new government
India's government has outlined its first budget since being elected in May. The post Business Daily – Budget challenge for India’s new government appeared first on FacileBusiness.
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