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GE proposes to cut 1,600 jobs in Germany

BERLIN (Reuters) - General Electric said it plans to cut around 1,600 jobs in Germany as it shrinks its troubled power generation business......»»

Category: topSource: reutersDec 7th, 2017

U.S. adds 228,000 jobs last month

Job growth rose at a strong clip in November and wages rebounded. As Fred Katayama reports, that suggests a healthy economy that analysts say doesn't need the tax cuts President Trump proposes......»»

Category: videoSource: reutersDec 8th, 2017

General Electric to cut 12,000 jobs in power business revamp, to save $1 bn

A third of the company's Swiss workforce face layoffs, while 16% of its staff in Germany are also likely to be axed in the shake up.....»»

Category: topSource: business-standardDec 7th, 2017

Siemens to cut 6,900 jobs globally amid shift to renewable energy

Siemens said roughly half of the job cuts would be made in Germany, a move likely to be unpopular with politicians currently trying to form a government.....»»

Category: topSource: business-standardNov 17th, 2017

Germany"s Siemens to Slash Jobs Amid Shift to Renewable Energy

Germany’s Siemens AG said it would cut 6,900 jobs as it wrestles with a sharp slowdown in demand for turbines used in fossil-fueled power plants, the latest restructuring move by a global industrial giant......»»

Category: smallbizSource: wsjNov 16th, 2017

Siemens is cutting 6,900 jobs, mostly in Germany and U.S.

Industrial conglomerate Siemens is planning to cut 6,900 jobs, mostly in Germany and the U.S......»»

Category: topSource: moneyNov 16th, 2017

Germany"s Siemens to Slash 6,900 Jobs

Germany’s Siemens said it would cut 6,900 jobs as it wrestles with a sharp slowdown in the power-plant industry, the latest restructuring move by a global industrial giant......»»

Category: smallbizSource: wsjNov 16th, 2017

Germany"s Siemens to Slash 6,900 Jobs in Restructuring

Germany’s Siemens said it would cut 6,900 jobs world-wide as it wrestles with a sharp slowdown in the power-plant industry, the latest restructuring move by a global industrial giant......»»

Category: smallbizSource: wsjNov 16th, 2017

Ask a Fool: How could the tax reform bill affect investment income?

The current version of the Tax Cuts and Jobs Act proposes a lot of changes to the tax code, but few that will matter when it com.....»»

Category: topSource: usatodayNov 9th, 2017

EU Proposes Rules for Offshore Gas Links as Russian-Owned Nord Stream 2 Nears

The European union proposed Wednesday to extend its natural-gas regulations to offshore pipelines, marking the latest effort to derail an energy link between Russia and Germany that is fueling tensions within the bloc......»»

Category: topSource: wsjNov 8th, 2017

German Towns Filled With Refugees Ask, "Who Is Integrating Whom?"

Immigration has slowed in Germany, but the lingering effects of more than 1 million refugees is putting communities under stress, pressuring local coffers and feeding concerns about safety, jobs and the quality of education......»»

Category: topSource: wsjOct 15th, 2017

VW"s Skoda committed to Czech Republic, plans to add jobs

PRAGUE (Reuters) - Volkswagen's Czech carmaker Skoda Auto underscored its commitment to its home country on Wednesday, saying it was planning to add jobs there amid worries the business could lose some production to Germany......»»

Category: topSource: reutersOct 11th, 2017

Jobs, retail sales paint mixed picture for Germany

German employment levels hit a new record but an unexpected fall in retail sales puts another dampener on hopes that a consumer-led upswing will continue full-steam ahead. Ciara Lee reports......»»

Category: videoSource: reutersSep 29th, 2017

Daimler to invest $1 billion in Alabama plant, create over 600 jobs

BERLIN (Reuters) - Germany's Daimler said it will invest $1 billion to expand its U.S.-based Mercedes-Benz plant in Alabama to start building electric sport-utility vehicles there from about 2020......»»

Category: topSource: reutersSep 21st, 2017

European steel merger could see 4,000 jobs axed

Germany's Thyssenkrupp and Tata Steel of India signed a preliminary deal on Wednesday to merge their European steel operations, a combination that........»»

Category: topSource: moneycentralSep 20th, 2017

Frankfurt hopes to become "little London" after Brexit

Frankfurt could become a miniature version of London after Brexit, a city official has predicted, after a study said tens of thousands of jobs would be created, bolstering Germany's banking capital.T........»»

Category: topSource: thehindubusinesslineAug 25th, 2017

Jobs boost for France & Germany, inflation stable

France's unemployment rate fell to its lowest level in five years during the second quarter, boosting Presiden.....»»

Category: videoSource: reutersAug 17th, 2017

VW labor leaders warn politicians not to put jobs in jeopardy

FRANKFURT (Reuters) - Volkswagen's powerful labor representatives on Thursday urged lawmakers not to use the carmaker as a political football ahead of national elections next month and risk threatening jobs in Germany......»»

Category: topSource: reutersAug 10th, 2017

Podcast: Vorsprung durch Angst

Germany is admired for a stable economy and holding on to blue-collar jobs but derided for its persistent trade surplus.....»»

Category: topSource: economistJul 5th, 2017

Philip Morris to create 500 jobs in Germany with building of new smoke-free product facility

Philip Morris International Inc. said Monday it will spend $320 million for th.....»»

Category: topSource: marketwatchJun 19th, 2017

Europe Markets: European stocks pare gains after U.S. data, but Germany still scores record

European stocks trim their gains in afternoon action on Friday after U.S. jobs data fell short of expectations and raised questions about the strength of the world’s largest economy......»»

Category: topSource: marketwatchJun 2nd, 2017