TOP 100 FINANCIAL SITES
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| Siemens to Cut 7,000 Jobs at Unit MUNICH, Germany (AP) -- Industrial conglomerate Siemens AG will cut 7,000 jobs at its corporate telecommunications unit Siemens Enterprise Networks, officials with knowledge of the plans told The Associated Press on Monday.... hosted.ap.org |
U.K. stocks end with solid rise on Fed move, Vodafone rise Shares in London ended Tuesday with solid gains, gaining support from a Federal Reserve-led effort by the world’s central banks to boost liquidity in strained financial markets, as well as favorable comments by analysts about wireless giant Vodafone Group. feeds.marketwatch.com |
EU launches probe into Nokia's proposed acquisition of Navteq The European Commission has opened a detailed investigation into the proposed acquisition by Nokia of Navteq, a U.S. company, said the commission on Friday. Nokia produces mobile phone handsets and Navteq is a major producer of navi ... english.people.com.cn |
Venezuela approves new crude tax law Venezuela's National Assembly (AN) approved Tuesday a new oil tax law that would generate some 770 million U.S. dollars for its Treasury. The "Special Contributions Law on the International Market of Hydrocarbons" will be applied du ... english.people.com.cn |
Economic Report: Construction outlays fall 1.1% in March Outlays for construction projects drop 1.1% in March, led by the biggest drop in residential construction spending in 26 years, the Commerce Department reports. feeds.marketwatch.com |