It is to be seen whether this pay growth will translate to better and stronger earnings across the British workforce. On Thursday, recruiters disclosed the starting salaries across British companies are rising at their fastest rates in recent years, thus… Read More ›
Following John Flannery’s resignation from General Electric Co’s as its CEO, GE’s board has unanimously endorsed H. Lawrence Culp Jr as its CEO. General Electric Co’s CEO John Flannery has stepped down from his role in the company. The development… Read More ›
The deal places the American fashion in a better position in Europe. On Wednesday, Donatella Versace, the creative director of the fashion house stated the deal with Michael Kors would create more jobs in Italy. “In the last year Versace… Read More ›
One of the more significant reasons why Trump’s tariffs will not translate into more U.S. jobs is that consumers are not willing to pay a premium for ‘Made in USA’ goods when goods of the same quality is available for… Read More ›
Brushing aside a report by monthly magazine Manager Magazin, Siemens said, details of its Visions 2020+ strategy are still being worked out. German engineering giant Siemens has trashed a report by Manager Magazin, a monthly magazine, which had said it… Read More ›
The announcement comes in the wake of its earlier December 2017 statement wherein it had hinted at the possibility of such a cost cutting measure. On Wednesday, ABN Amro stated it would shed 250 jobs as part of a cost… Read More ›
The Society of Motor Manufacturers and Traders (SMMT) has made it amply clear to the British government that a no-Brexit deal is not an option. On Tuesday, Britain’s automobile industry group made it lucidly clear to the government that a… Read More ›
Gross domestic product (GDP) estimates for the April-June period, are above the 4% annualized rate and are double the 2.0% pace logged in the first quarter. During the second quarter of 2018-2019, the U.S. economy has continued to maintain its… Read More ›
The strategic Chinese move is aimed at hurting Trump’s Republican base since South Carolina is a Republican controlled state. The move also carefully targets U.S. jobs as well as hangs the carrot of potential auto exports from the U.S. to… Read More ›
British departmental stores, House of Fraser, having 56 stores and 2 outlets across the U.K., has proposed the closure of 31 of its stores as part of a restructuring plan. On Thursday, Britain’s House of Fraser said it has proposed… Read More ›
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