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VW HR chief says expects five-digit number of job cuts: FAZ

October 30, 2016 by · Leave a Comment 

BERLIN/FRANKFURT (Reuters) – Volkswagen expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker's human resources chief. Karlheinz Blessing, who sits on VW group's nine-member top management board, said the carmaker will need to cut jobs in production as assembly of electric engines requires fewer workers than making combustion engines, the newspaper said, citing an interview to be published in Saturday's …

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VW HR chief says expects five-digit number of job cuts: FAZ

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Bombardier books four Challenger 650 orders from Zetta Jet

October 30, 2016 by · Leave a Comment 

ORLANDO, Fla. (Reuters) – Canadian plane and train maker Bombardier Inc said on Sunday it had booked an order for four of its Challenger 650 business jets from Zetta Jet, a charter operator based in Singapore, valued at $129 million at list prices.

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Bombardier books four Challenger 650 orders from Zetta Jet

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Hilton’s value could rise by 25 percent on breakup: Barron’s

October 30, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Shares of Hotel operator Hilton Worldwide Holdings Inc could increase by at least 25 percent on its planned split into three companies, Barron's reported on Sunday.

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Hilton’s value could rise by 25 percent on breakup: Barron’s

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

October 30, 2016 by · Leave a Comment 

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first. Officials and experts from OPEC countries and non-OPEC nations including Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and …

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

belgian

EU, U.S. trade deal not dead yet: EU’s Malmstrom

October 30, 2016 by · Leave a Comment 

By Robert-Jan Bartunek BRUSSELS (Reuters) – A much-debated trade deal between the European Union and the United States is not dead and negotiations will continue with the new U.S. administration after November's elections, EU Trade Commissioner Cecilia Malmstrom said on Saturday. Paul Magnette, the premier of Belgium's region of Wallonia who led opposition to the Canadian trade deal, told his parliament on Friday that with the

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EU, U.S. trade deal not dead yet: EU’s Malmstrom

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Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

October 29, 2016 by · Leave a Comment 

(Reuters) – Morgan Stanley chief operating officer Jim Rosenthal will retire at the end of the year.

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Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

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EU and Canada to sign trade pact after Belgians strike key deal

October 29, 2016 by · Leave a Comment 

By Robert-Jan Bartunek BRUSSELS (Reuters) – Canada and the European Union will sign a landmark free trade deal on Sunday after a series of key votes in Belgian regional assemblies on Friday ended opposition that had threatened to destroy the entire agreement. Soon after the final Belgian vote, European Council president Donald Tusk called Canadian Prime Minister Justin Trudeau and invited him to Brussels for the signing ceremony, which is scheduled for noon local time (1000 GMT). Great …

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EU and Canada to sign trade pact after Belgians strike key deal