Last updated: Thursday, 18 March 2010

World 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”.

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.

Ireland’s Your Country, Your Call

Ireland has launched a competition – Your Country, Your Call – to encourage the public to put forward proposals that will secure prosperity and jobs in the country, with each of the two winners receiving €100,000.

Heathrow Terminal 2 contract signed by BAA & HETCo

Joint venture HETCo – Ferrovial Agroman and Laing O’Rourke – has officially signed the £812 million deal with BAA to build its new Terminal 2 at London’s Heathrow Airport.

Tommy Hilfiger bought by PVH for $3bn

Phillips-Van Heusen – the owners of the Calvin Klein brand – is set to buy Tommy Hilfiger for $3 billion (£2bn) in a move that will create one of the world’s largest apparel companies.

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New York pays out for Ground Zero dust victims

Japan & Australia against bluefin tuna fishing ban

Man Utd signs five-year deal with Telekom Malaysia

Global air industry improving

Tullow Oil reduces Ugandan assets

BA offers flight slots to avoid anti-trust charge

Bill Gates knocked off top of Forbes Rich List

Insurers pay the cost for natural disasters

June launch for Sony’s 3D TVs

Women’s talent still not recognised in business

Humans - biggest cause of climate change