Tags » Cuts

Bombardier to scrap 7,500 more jobs as CEO deepens cost cuts

(Source: www.businesstimes.com.sg)

Bombardier Inc will cut an additional 7,500 jobs – more than 10 per cent of its workforce – over two years as the maker of trains and airplanes accelerates a restructuring plan after taking on billions of dollars of debt developing its marquee C Series jetliner. 505 more words

Money Matters

NNPC Cuts Oil Prices To Woo Buyers

The Nigerian National Petroleum Corporation has cut the price of every type of crude oil it sells in an effort to regain share of the global oil market amid continued supply glut and growing competition. 467 more words


Indonesia cuts interest rate for 6th time before Fed move

(Source: www.businesstimes.com.sg)

Indonesia’s central bank cut its benchmark interest rate for a second month in a row, injecting stimulus into the economy before the US Federal Reserve moves to tighten policy. 468 more words

Money Matters

ScotRail publishes improvement plan - but warns of leaves on the line

An action plan including so-called ‘golden trains’ has been drawn up by ScotRail after a wave of negative publicity over delays and cancellations.

Thousands of people have signed petitions calling for operator Abellio to be axed, while the Labour party published a damning report into late trains and prices rises. 406 more words


Ecuador Cuts Internet of Julian Assange, WikiLeaks’ Founder

LONDON — Ecuador announced on Tuesday that it had cut off Julian Assange’s access to the internet in his exile in the country’s embassy in London, making it clear that it feared the tiny country was being sucked into an effort to “interfere in electoral processes” in the United States by the activities of the founder of WikiLeaks. 1,115 more words

Daily News

Does Cardiff Council have a Highways Dept any longer?

It’s incredible to think that Cardiff is the capital city of Wales with its own government offices based in Cardiff Bay.  More incredible when you look at the state of the main road arteries on route to the Welsh Government offices! 63 more words


In Defence of Highfields Community Centre

On Friday night Professor Gus John delivered a powerful speech in defence of the amazing work that continues to be carried out by the staff at the Highfields Community Centre – a centre that provides a vast array of services despite facing a massive loss of funding from Leicester City Council. 608 more words