Last updated: Thursday, 18 March 2010

ICM Commercial & Business News

Siemens to axe 4,200 jobs worldwide

Industrial giant Siemens has announced plans to axe 4,200 jobs worldwide in order to simplify its business structure and make its IT business “fit for the future”.

Nissan Leaf production creates 550 jobs

Nissan has announced plans to build its new electric car – the Nissan Leaf – in Sunderland, creating 550 jobs and helping secure the jobs of 2,250 people across Nissan’s UK supply chain.

Co-operative Group 2009 success

The Co-operative Group has announced record 2009 annual financial results, with sales up 31% and a 38% growth in new customer bank accounts.

Folding plug wins Brit Insurance Design award

A folding plug designed to fold flat for easy transportation has been crowned the overall winner at the 2010 Brit Insurance Design Awards in London.

Mixed response to UK employment statistics

The latest employment figures from the Office for National Statistics (ONS) has drawn a mixed response as records show unemployment has fallen, but so has employment.

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