General Motors today launched its restructuring plan in Europe. The head of GM Europe, Nick Reilly recalls from 9000 to 9500 job cuts in its German subsidiary Opel and Vauxhall UK, a total of 50,000 employees. He met today with Minister-President of the Land of North Rhine-Westphalia, Jürgen Rüttgers
The German factory in [...]
Nov
27
Nov
27
After PSA Peugeot Citroen and Renault and some large manufacturers, smaller players in the automotive industry will in turn be supported. Announced this summer, the fund for subcontractors of rank 2 and up – that is to say companies supplying key equipment – was created yesterday in the presence of Christian Estrosi, Minister of [...]
Nov
27
The IT market reached record highs. Finally, global shipments of PCs (Personal Computer) should grow in 2009 to 298.9 million units, up 2.8% over one year, announced Monday the research firm Gartner, which anticipated a decline. "It will be a new record, as in the past ten years!" Provides Ranjit Atwal, an analyst at [...]
Nov
27
The CAC 40 rose 0.63% to 3808 points to 9.30. The record of the FOMC November 3 and 4 shows that members of the Monetary Policy Committee of the Federal Reserve are increasingly confident about the sustainability of the recovery in the United States. The leaders of the Fed provided a GDP of 2.5 [...]
Nov
27
After reviewing their respective offerings earlier this week, trying to influence a final choice of the state, the three candidates for the resumption of the Transmission and Distribution Areva now await the final verdict, which could fall from that thursday. If economic patriotism suggests that the tandem formed by the two French companies Alstom [...]